355 E Main, Merced, California 95340, Merced, 95340 - 3 bed, 2 bath
355 E Main
Merced, California 95340
Property Price
SUMMARY
Analysis of 355 E Main, Merced, California 95340 reveals a property with a current list price of $390,000, which is 8% above the estimated $359,442 Fair Market Value. Buyers should carefully evaluate the pricing and consider negotiation opportunities. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Merced Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 355 E Main Subject | $390,000* List Price | 3 | 2 | 1,136 | $316 | - |
A 1595 E 26th St Sold | $354,000 | 3 | 3 | 1,024 | $346 | 0.9 mi |
B 1900 Ashwood Drive Sold | $320,000 | 3 | 1 | 1,270 | $252 | 0.4 mi |
C 2668 10th Avenue Sold | $312,000 | 3 | 2 | 1,280 | $244 | 0.7 mi |
D 2030 Union Avenue Sold | $349,000 | 3 | 2 | 1,285 | $272 | 0.5 mi |
E 598 E 19th Active | $379,000 List Price | 2 | 3 | 1,373 | $276 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is move-in ready and features significant recent updates, most notably a permitted Junior ADU added only three years ago. The main residence has been refreshed with newer LVP flooring, fresh interior paint, and an updated kitchen equipped with stainless steel appliances and stone countertops. While the original structure dates to 1947, the recent renovations and the addition of a nearly-new secondary unit provide modern functionality and well-maintained living spaces.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9758, living area = 1136.
- Income Potential
The inclusion of a permitted Junior Accessory Dwelling Unit (JADU) provides a rare opportunity for rental income or flexible multi-generational living arrangements.
- Expansive Lot
At nearly 10,000 square feet, the oversized lot offers significant outdoor space for gardening, recreation, or potential future expansion in a central location.
CONSRISKS & DEFICIENCIES
- Compact Living Space
With only 1,136 square feet of total interior space split between two units, the individual living areas and bedrooms may feel restrictive for larger households.
- Vintage Infrastructure
Built in 1947, the property may have aging underlying systems such as plumbing or electrical that could require maintenance or upgrades despite cosmetic improvements.
About 355 E Main
Looking for a 2-bed home in Central Merced under $400K with bonus income potential? This updated single-family home with a permitted JADU offers flexibility, location, and value on a spacious lot near downtown. Located at 355 E Main St in Central Merced, this 2-bedroom, 1-bath main home features newer flooring, fresh interior paint, and a smart, functional layout. The real bonus: a junior ADU (1 bed, 1 bath) added about three years ago. Ideal for multi-gen living, rental income, or hosting long-term guests. The home offers 1,136 sq ft of interior space on a 9,758 sq ft lot, giving you room to grow, garden, or simply enjoy the outdoors. Off-street parking is available via a private driveway. No HOA fees. This Central Merced location is minutes from downtown amenities, restaurants, and Highway 99, making daily life and commuting simple and convenient. Whether you’re a first-time buyer, investor, or need room for extended family, this property delivers versatility at an approachable price. Listed at $390,000, 355 E Main St is move-in ready and packed with value. Call or text today to schedule your showing.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1947
- Lot Size
- 9,758 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,136 | 1,551 | 17% |
| Lot Size | 9,758 | 7,501 | 73% |
| Price | $390.0K | $360.0K | 60% |
| Price per sq ft | $343 | $245 | 93% |
| Built year | 1947 | 1965 | 15% |
| HOA | $0 | $0 | 50% |
| Days on market | 30 | 171 | 3% |
Pricing History
Listed for Sale
Feb 5, 2026
$390,000
Initial Listing
Sold
Jul 11, 2014
$80,000
Public Record