
Merced, California 95341
Analysis of 488 E Childs Avenue, Merced, California 95341 is currently available with a list price of $479,000. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Merced Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Property is new construction or fully renovated.
While originally built in 1930, the property has undergone a complete recent remodel as stated in the description and evidenced by the new luxury vinyl flooring and fresh paint in the images, qualifying it as a <5-year renovation in mint condition.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 40792, living area = 894.
The property is zoned R2 and sits on a massive 40,792 sqft lot, offering a rare opportunity to build a second home or ADU to maximize rental income and cash flow.
The home has been fully remodeled, providing a modern, turnkey interior that allows the buyer to move in or rent it out immediately without additional capital expenditure.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =40792, other record lot size in square feet = 43163. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 2, other record bedroom count = 5.
There is a discrepancy between city records (2 bed/1 bath) and the actual layout (3 bed/2 bath), which could lead to complications with appraisals, financing, or future resale.
Despite the large lot, the primary residence is only 894 square feet, which may be too restrictive for larger families or buyers seeking more substantial indoor living space.
Come and see this R2 property with almost one acre lot with super low price $479k. this is an excellent oportunity to find.Why pay rent when you can buy.In the future you can build a second home and make more cash flow.Super excellent for retirement.A big lot rare to find at this low price.Close to shopping stores and eazy to commute.You can even ask the county if possible a third property available to build.Bring all the tools and start building a second property.With a bonus studio or ADU.Even the city say it has 2 and one bathroom but property has 3 bedrooms and 2 full bathrooms. Everything has been remodeled.This property even it only has one unit.It could have tow units.This is a duplex zone.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 3.0 |
| Baths | 1.0 | 2.0 |
| Square foot | 894 | 1,721.5 |
| Lot Size | 40,792 | 7,120 |
| Price | $479.0K | $407.4K |
| Price per sq ft | $536 | $253 |
| Built year | 1930 | 2002 |
| HOA | $0 | $108 |
| Days on market | 8 | 62 |
Jul 14, 2026
$479,000
Initial Listing
Mar 11, 2025
$280,000
Public Record