
Merced, California 95348
This Strong Value Opportunity is a Turnkey Investment Asset listed at $449,000, positioned well below the $447,364 Fair Market Value (Note: List price is at market parity). Built in 2022, this property maintains a Mint Condition Rating and features a Modern Kitchen with Stone Countertops. Currently generating $2,349 in monthly rental income, it offers immediate cash flow near UC Merced. This is a stable, low-maintenance acquisition ideal for Buy-and-Hold Investors or first-time buyers seeking a reliable, income-producing property in a high-demand location.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4449 Lacy Lane Subject | $449,000* List Price | 3 | 2 | 1,616 | $277 | - |
A 753 Skyler Court Sold | $492,699 | 3 | 2 | 1,854 | $266 | 0.6 mi |
B 726 Skyler Court Sold | $422,892 | 3 | 2 | 1,435 | $295 | 0.5 mi |
C 628 Skyler Lane 63 B2 Sold | $428,490 | 4 | 2 | 1,509 | $284 | 0.6 mi |
D 644 Skyler Lane 65 B2 Sold | $434,990 | 4 | 2 | 1,509 | $288 | 0.6 mi |
E 635 Pegasus Drive Sold | $405,000 | 4 | 2 | 1,565 | $259 | 0.4 mi |
F 750 Skyler Court Sold | $490,141 | 4 | 3 | 1,750 | $280 | 0.5 mi |
G 687 Skyler Lane 85 B2 Sold | $466,990 | 4 | 3 | 1,842 | $254 | 0.6 mi |
H 507 Hart Sold | $395,000 | 3 | 2 | 1,342 | $294 | 0.4 mi |
I 4465 Andrea Active | $451,179 List Price | 3 | 2 | 1,620 | $279 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Built in 2022, this property is less than 10 years old and in mint condition. It features a modern kitchen with stone countertops, a large island, stainless steel appliances, and contemporary tile flooring, requiring no maintenance.
Built in 2022, this home features contemporary finishes including stone countertops, a large kitchen island, and an open floor plan, minimizing immediate maintenance needs.
Ideally situated near UC Merced, Merced College, and the local hospital, ensuring a consistent demand from students, faculty, and medical professionals.
The property is a proven income generator, currently producing $2,349 per month in rental income, making it an attractive option for portfolio investors.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =5125, other record lot size in square feet = 5522.
As an active rental with a 'do not disturb tenants' policy and no yard sign, scheduling tours and conducting inspections may be more challenging for prospective buyers.
The current list price of $449,000 is slightly below its 2022 sale price of $450,000, suggesting limited capital appreciation over the last two years.
This property offers an excellent investment opportunity, currently generating $2,349 per month in rental income. Conveniently located near UC Merced, Merced College, the hospital, restaurants, and local parks. The singlestory home features 3 bedrooms and 2 bathrooms, an open floor plan, and a modern kitchen with stone countertops, a large island, and a gas range. This is an active rental property. No sale sign has been placed at the home. Please do not disturb the tenants.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,616 | 1,721.5 |
| Lot Size | 5,125 | 7,120 |
| Price | $449.0K | $407.4K |
| Price per sq ft | $278 | $253 |
| Built year | 2022 | 2002 |
| HOA | $0 | $108 |
| Days on market | 14 | 62 |
Jul 8, 2026
$449,000
Initial Listing
Aug 31, 2022
$450,000
Public Record