50 W 20th, Merced, California 95340, Merced, 95340 - 2 bed, 1 bath
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Merced, California 95340
This 1922-built residential asset serves as a prime Value-Add Opportunity within the historic Downtown Merced corridor. Currently listed at $245,000, the property is positioned relative to a $189,772 Fair Market Value, with the price reflecting its high 7,500 sqft lot utilization and restoration potential. Carrying a Condition Rating of 5, the home features original hardwood floors but requires comprehensive rehabilitation of all major systems. Located in the Menifee Union high school district, the property’s unrecorded second bathroom offers a clear path for equity growth through permitting. This is an ideal acquisition for Fix-and-Flip Investors or Contractors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 50 W 20th Subject | $239,000* List Price | 2 | 1 | 1,212 | $135 | - |
A 204 W 25th Sold | $210,000 | 3 | 1 | 933 | $225 | 0.4 mi |
B 632 W 25th St Sold | $185,000 | 2 | 1 | 988 | $187 | 0.6 mi |
C 557 Barney Street Sold | $279,000 | 4 | 2 | 1,339 | $208 | 0.6 mi |
D 2320 K Sold | $170,000 | 2 | 1 | 1,012 | $168 | 0.4 mi |
E 2331 R Street Sold | $259,000 | 3 | 1 | 1,040 | $249 | 1.0 mi |
F 1888 Orchard Active | $279,000 List Price | 2 | 1 | 1,201 | $232 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
This 1922-built home is explicitly marketed as a fixer-upper or flipper project requiring substantial rehabilitation. The kitchen is severely outdated with missing cabinet doors and an antique sink, while the living areas show significant wear on the original hardwood floors, peeling paint, and damaged plaster. Although one bathroom features some newer tile work, the overall property exhibits extensive deferred maintenance and requires major system updates and cosmetic overhauls to be move-in ready.
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 = 1212.
Situated in the desirable older downtown area of Merced, this property offers the charm of a historic neighborhood with proximity to local urban amenities.
Built in 1922, the home features original hardwood floors and 'good bones,' providing a solid foundation for a high-value restoration or investment flip.
The property is explicitly marketed as needing significant 'TLC' and work, which will require a substantial additional budget for repairs and modernization.
Official records indicate only one bathroom while the home has two, suggesting unpermitted work that could complicate financing, appraisals, or future resale.
Needs TLC. Records show only 1 bathroom it has 2. Nice size 2 Bedroom, 2 bath 1,212 sq ft home on 7,500 sq ft lot. Home needs work, but has good bones and hard wood floors. Nice down town older part of Merced. This for a project home for a Flipper, contractor or handy man. Home built in 1922.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 17% |
| Baths | 1.0 | 2.0 | 16% |
| Square foot | 1,212 | 1,571 | 20% |
| Lot Size | 7,500 | 7,500 | 50% |
| Price | $239.0K | $376.0K | 5% |
| Price per sq ft | $197 | $246 | 12% |
| Built year | 1922 | 1964 | 6% |
| HOA | $0 | $0 | 50% |
| Days on market | 100 | 161 | 33% |
Apr 11, 2026
$239,000
$245,000
-2% Price Drop
Initial Listing
Mar 28, 2026
$245,000
$285,000
-14% Price Drop
Initial Listing
Jan 12, 2026
$285,000
Initial Listing
Mar 15, 2005
$220,000
Public Record