
Merced, California 95340
This property presents a High-Potential Investment Opportunity with a List Price of $315,000—positioned well below the $320,692 Fair Market Value by 2%. This valuation gap offers $5,692 in Instant Equity. Featuring Commercial Zoning Flexibility and a detached 4-car garage, the home has a Fair Condition Rating that invites value-add renovations. Its central location and large lot size provide significant utility for diverse business or residential uses. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 420 W 19th Street Subject 2 bd · 2 ba · 1,489 sqft · $215 | $315,000* List Price | 2 | 2 | 1,489 | $215 | - |
A 1127 W 23rd Sold 2 bd · 1 ba · 1,263 sqft · $230 · 0.7 mi | $290,000 | 2 | 1 | 1,263 | $230 | 0.7 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 148 E 23rd Sold 3 bd · 2 ba · 1,636 sqft · $227 · 0.6 mi | $372,000 | 3 | 2 | 1,636 | $227 | 0.6 mi |
D 598 E 19th Sold 2 bd · 3 ba · 1,373 sqft · $241 · 0.9 mi | $331,000 | 2 | 3 | 1,373 | $241 | 0.9 mi |
E 2669 6th Sold 3 bd · 3 ba · 1,674 sqft · $240 · 0.9 mi | $401,000 | 3 | 3 | 1,674 | $240 | 0.9 mi |
F 1888 Orchard Sold 2 bd · 1 ba · 1,201 sqft · $208 · 0.9 mi | $250,000 | 2 | 1 | 1,201 | $208 | 0.9 mi |
G 2038 H Sold 2 bd · 2 ba · 1,925 sqft · $192 · 0.4 mi | $369,500 | 2 | 2 | 1,925 | $192 | 0.4 mi |
H 902 W 20th Street Active 2 bd · 1 ba · 1,378 sqft · $250 · 0.4 mi | $345,000 List Price | 2 | 1 | 1,378 | $250 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1938, this home is significantly aged and remains largely dated despite some surface updates like laminate flooring. The presence of a window AC unit suggests the lack of a modern central HVAC system, and the kitchen and bathrooms require modernization to meet current standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7500, living area = 1489.
The property's commercial zoning offers exceptional versatility, making it an ideal opportunity for both residential homeowners and investors looking for business potential.
A rare detached 4-car garage with alley access provides significant value, offering ample space for multiple vehicles, a workshop, or additional storage needs.
Built in 1938 and marketed as an opportunity to 'make it your own,' the home likely requires capital investment for cosmetic and functional updates to meet modern standards.
With only two bedrooms for nearly 1,500 square feet of living space, the current configuration may limit appeal for larger families seeking more private quarters.
Central Merced Home with Character & Commercial Potential! Featuring 2 bedrooms, 1.5 baths, and plenty of opportunity to make it your own, this home offers classic charm in a convenient Merced location. Commercially zoned, the property provides added flexibility and potential for a variety of uses, making it an appealing opportunity for both homeowners and investors. Inside, laminate flooring flows throughout the hallways, living room, bedrooms, and kitchen. The spacious living room features a fireplace, while the kitchen offers plenty of cabinet storage. The bathroom includes a tub, tiled flooring, and a window, and the inside laundry room adds everyday convenience. A sunroom provides additional flexible space with potential for personalization. Outside, enjoy a large open backyard and a front yard framed by mature palm trees, creating a distinctive setting. The detached 4-car garage with alley access offers abundant parking, storage, or workspace. Conveniently located near Downtown Merced, shopping, dining, schools, and everyday amenities, this property offers a unique combination of character, space, location, and commercial potential.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.4 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,489 | 1,698.064 |
| Lot Size | 7,500 | 6,572.897 |
| Price | $315.0K | $415.4K |
| Price per sq ft | $212 | $253 |
| Built year | 1938 | 2002 |
| HOA | $0 | $108 |
| Days on market | 39 | 68 |
Sep 15, 2026
$315,000
Initial Listing
Sep 21, 2010
$65,000
Public Record