455 Columbia, Merced, California 95340, Merced, 95340 - 3 bed, 2 bath
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455 Columbia
Merced, California 95340
ACTIVE
CONDITION: FAIR
3Beds
2Baths
1,175Sq Ft
6,000Lot Size
Property Price
LIST PRICE$364,900
EST. MARKET VALUE
$356,590
SUMMARY
This property presents a Strong Value Opportunity with a List Price of $384,500—positioned well below the $362,734 Fair Market Value by -6%. While the property requires cosmetic updates given its Condition Rating of 4, the unique Multi-Unit Potential—featuring a 3-bedroom main house and a separate studio—provides significant rental income upside. Located in a convenient neighborhood with access to local bike paths and schools, this asset is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a house-hack strategy to offset mortgage costs.
Estimated Market Value
$356,590
Based on Realkey algorithm analyzing recent comparable sales in Merced.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 455 Columbia Subject | $364,900* List Price | 3 | 2 | 1,175 | $303 | - |
A 415 Columbia Sold | $358,000 | 3 | 2 | 1,175 | $305 | 0.0 mi |
B 3191 El Capitan Sold | $337,500 | 3 | 2 | 1,315 | $257 | 0.2 mi |
C 3312 Cherokee Avenue Sold | $380,000 | 4 | 2 | 1,381 | $275 | 0.2 mi |
D 350 El Portal Sold | $350,000 | 3 | 2 | 1,175 | $298 | 0.2 mi |
E 450 El Portal Drive Sold | $425,000 | 4 | 2 | 1,615 | $263 | 0.1 mi |
F 3018 Marie Court Sold | $398,000 | 3 | 2 | 1,286 | $309 | 1.0 mi |
G 1463 Hunter Sold | $385,000 | 3 | 2 | 1,259 | $306 | 1.0 mi |
H 3680 Black Hawk Sold | $410,000 | 3 | 2 | 1,367 | $300 | 0.7 mi |
I 42 Sunset Court Pending | $355,000 List Price | 3 | 2 | 1,176 | $302 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Fair
TeardownExcellent
Property is moderate renovation needed.
Built in 1972, the property is over 50 years old but has had some mid-life updates such as tile flooring and painted cabinetry. However, it remains dated with popcorn ceilings and older kitchen fixtures, fitting the criteria for a home over 20 years old needing cosmetic updates and likely system inspections.
PROSSTRENGTHS & OPPORTUNITIES
- Multi-Unit Potential
The property offers a unique 'two-for-one' opportunity featuring a main 3-bedroom house and a separate studio with its own kitchen and bath, ideal for rental income or multi-generational living.
- Prime Location
Situated in a convenient Merced neighborhood, the home provides excellent proximity to local bike paths, parks, reputable schools, and shopping centers.
- Low-Maintenance Features
The interior boasts durable tile flooring throughout and integrated skylights in the living room, providing both longevity and enhanced natural light.
CONSRISKS & DEFICIENCIES
- Compact Living Area
With only 1,175 square feet allocated for a three-bedroom layout, the individual room sizes and common areas may feel restrictive for larger households.
- Vintage Construction
Built in 1972, the property likely requires modern updates to its core systems and aesthetic finishes to meet contemporary buyer standards.
About 455 Columbia
FANTASTIC OPPORTUNITY TO OWN 2 FOR ONE! Single family home with 3 bedrooms, 2 bathrooms, skylights in the living room, tile throughout, spacious kitchen and a slider door heading out to covered patio. Separate there is a studio in the back, tile floors, full kitchen, and bath. Lots and Lots of potential! Close to bike path, parks, good schools and shopping! Call to set a viewing!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1972
- Lot Size
- 6,000 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 |
|---|---|---|
| Beds | 3.0 | 3.3 |
| Baths | 2.0 | 2.0 |
| Square foot | 1,175 | 1,694.749 |
| Lot Size | 6,000 | 6,619.141 |
| Price | $364.9K | $413.1K |
| Price per sq ft | $311 | $254 |
| Built year | 1972 | 2002 |
| HOA | $0 | $108 |
| Days on market | 21 | 66 |
Pricing History
Listed for Sale
Aug 31, 2026
$364,900
$384,500
-5% Price Drop
Initial Listing
Price Change
Aug 19, 2026
$384,500
Initial Listing
Sold
Jun 30, 2017
$223,000
Public Record
Sold
Dec 4, 2008
$120,000
Public Record
Sold
Apr 13, 2004
$215,000
Public Record