
Merced, California 95340
This property presents a High-Potential Investment Opportunity with a List Price of $290,000—positioned well below the $296,395 Fair Market Value by 2%. This valuation gap offers $6,395 in Instant Equity for the buyer. Featuring a Condition Rating of 3, the home offers a functional, move-in ready layout with a large 8,975 sqft lot that provides significant ADU & Expansion Potential. This is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a central Merced location with long-term growth upside.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 360 E 19th Street Subject 2 bd · 1 ba · 1,084 sqft · $268 | $285,000* List Price | 2 | 1 | 1,084 | $268 | - |
A 2863 Oleander Sold 3 bd · 2 ba · 1,186 sqft · $252 · 0.9 mi | $299,000 | 3 | 2 | 1,186 | $252 | 0.9 mi |
B 8 W 25th Street Sold 2 bd · 1 ba · 1,090 sqft · $260 · 0.6 mi | $283,000 | 2 | 1 | 1,090 | $260 | 0.6 mi |
C 598 E 19th Sold 2 bd · 3 ba · 1,373 sqft · $241 · 0.2 mi | $331,000 | 2 | 3 | 1,373 | $241 | 0.2 mi |
D 1988 Union Avenue Sold 3 bd · 1 ba · 1,124 sqft · $311 · 0.5 mi | $350,000 | 3 | 1 | 1,124 | $311 | 0.5 mi |
E 1221 E 21st Street Sold 2 bd · 2 ba · 1,248 sqft · $237 · 0.6 mi | $296,000 | 2 | 2 | 1,248 | $237 | 0.6 mi |
F 1888 Orchard Sold 2 bd · 1 ba · 1,201 sqft · $208 · 0.1 mi | $250,000 | 2 | 1 | 1,201 | $208 | 0.1 mi |
G 1950 Union Avenue Sold 2 bd · 1 ba · 936 sqft · $331 · 0.5 mi | $310,000 | 2 | 1 | 936 | $331 | 0.5 mi |
H 115 W 19th Pending 2 bd · 1 ba · 1,014 sqft · $296 · 0.5 mi | $299,999 List Price | 2 | 1 | 1,014 | $296 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Originally built in 1946, the home has received a significant partial renovation within the last 5-15 years, most notably a fully updated kitchen featuring modern white shaker cabinets, dark countertops, and a contemporary tile backsplash. While the original hardwood floors show some wear and the laundry/utility systems appear older, the home is functional, well-maintained, and move-in ready.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8975, living area = 1084.
The oversized 8,975 sqft lot with alley access presents a significant opportunity for an Accessory Dwelling Unit (ADU) or backyard expansion, adding substantial long-term value.
Situated just minutes from Downtown Merced, the property offers excellent proximity to local dining, shopping, and urban amenities in a highly convenient central location.
The 2-bedroom, 1-bathroom configuration may limit the property's appeal to larger families or buyers requiring more flexible living and workspace options.
Originally built in 1946, the property may require ongoing maintenance or modernization of older systems to meet contemporary efficiency and comfort standards.
Charming 19th Street Home Near Downtown Merced! Welcome to this inviting 2-bedroom, 1-bath home conveniently located just minutes from Downtown Merced. Enjoy the neighborhood from the quaint front porch, or step inside to find wood flooring throughout and a welcoming formal dining room. The kitchen features a tile backsplash, while the indoor laundry room offers added convenience with ample cabinet storage. A detached garage provides additional parking or storage options. The spacious backyard includes alley access and offers plenty of room to enjoy or explore its potential. Possible ADU opportunity—buyer to verify with the appropriate city/county agencies. A great opportunity in a convenient central Merced location!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.4 |
| Baths | 1.0 | 2.0 |
| Square foot | 1,084 | 1,698.064 |
| Lot Size | 8,975 | 6,572.897 |
| Price | $285.0K | $415.4K |
| Price per sq ft | $263 | $253 |
| Built year | 1946 | 2002 |
| HOA | $0 | $108 |
| Days on market | 40 | 68 |
Oct 17, 2026
$285,000
$290,000
-2% Price Drop
Initial Listing
Sep 14, 2026
$290,000
Initial Listing
Aug 10, 2021
$277,500
Public Record
Aug 23, 2016
$135,500
Public Record
May 28, 2015
$70,000
Public Record
Sep 28, 2009
$56,000
Public Record
Oct 1, 2004
$203,000
Public Record