3759 Larkspur, Merced, California 95348, Merced, 95348 - 3 bed, 3 bath
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Merced, California 95348
This Modern Turnkey Residence is a Prime Investment Opportunity listed at $358,000—positioned well below the $373,679 Fair Market Value by 4%. This valuation gap provides $15,679 in Instant Equity for the incoming owner. Boasting a Good Condition Rating, the 1,617-square-foot interior features fresh updates and a functional open layout. Its strategic location near UC Merced, Merced College, and Mercy Medical Center ensures high rental demand and long-term stability within the Merced City School District. This property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers seeking a turnkey asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3759 Larkspur Subject | $358,000* List Price | 3 | 3 | 1,617 | $221 | - |
A 3742 Morningside Sold | $345,000 | 3 | 3 | 1,617 | $213 | 0.1 mi |
B 1293 Sunrise Drive Sold | $375,000 | 3 | 3 | 1,620 | $231 | 0.1 mi |
C 4121 Clary Court Sold | $439,000 | 3 | 3 | 1,777 | $247 | 0.6 mi |
D 1525 La Sierra Active | $410,000 List Price | 3 | 2 | 1,482 | $277 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Built in 2004, this property is in move-in ready condition and meets the 'good' criteria as a well-maintained 20-year-old home. The listing highlights recent updates with modern touches and turnkey readiness. The kitchen and bathrooms are functional and updated enough to avoid immediate renovation, and the overall interior features like flooring and paint appear fresh and well-kept.
The property is freshly updated and move-in ready, offering modern touches that allow a buyer to settle in immediately without the need for additional renovations.
Ideally situated in a sought-after neighborhood near UC Merced, Merced College, and Mercy Medical Center, making it an excellent choice for students, faculty, or medical professionals.
Built in 2004, the 1,617-square-foot floor plan features a contemporary flow between living, dining, and kitchen areas, maximizing the sense of space and comfort.
The 3,600-square-foot lot is relatively small for a single-family home, which may limit outdoor activities, gardening, or future expansion possibilities.
The assigned local schools have lower performance ratings (ranging from 3 to 4), which could be a significant consideration for families prioritizing high-ranking educational districts.
Step into this delightful 3-bedroom, 2.5-bathroom home, offering 1617 square feet of comfortable living space, and discover true turnkey readiness in one of Merced's most desirable areas! Perfect for families, students, or anyone prioritizing location, this bright and welcoming property is designed for easy living. Key Features: *Spacious Layout: Enjoy 1617 sq ft with a functional floor plan connecting living, dining, and kitchen areas. *Move-In Ready: Freshly updated with modern touches, allowing you to settle in without delay. *Prime Location: Situated in a sought-after neighborhood, you're just minutes from: Merced College UC Merced Mercy Medical Center Shopping & Dining Parks & Recreation Comfort & Convenience: Features include ample natural light, well-appointed bedrooms, and bathrooms designed for everyday ease. Don't miss this fantastic opportunity to own a well-maintained home in a location that puts everything you need within easy reach. Schedule your private showing today!
No exterior & parking available.
Grades K-6 • 0.7 mi
Grades K-3 • 2.7 mi
Grades 7-8 • 0.7 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 40% |
| Baths | 3.0 | 2.0 | 61% |
| Square foot | 1,617 | 1,751 | 41% |
| Lot Size | 3,600 | 6,094 | 7% |
| Price | $358.0K | $420.0K | 13% |
| Price per sq ft | $221 | $245 | 31% |
| Built year | 2004 | 2006 | 40% |
| HOA | $0 | $0 | 50% |
| Days on market | 103 | 154 | 20% |
Mar 7, 2026
$358,000
$378,000
-5% Price Drop
Initial Listing
Jan 9, 2026
$378,000
Initial Listing
Jul 19, 2021
$290,000
Public Record
Sep 14, 2004
$197,000
Public Record