
Newman, CA 95360
Analysis of 527 Canal School Road, Newman, CA 95360 is currently available with a list price of $950,000. 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 Newman 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 built in 1990, the property has undergone a comprehensive high-end renovation within the last 5 years. The kitchen and bathrooms feature modern cabinetry, stone countertops, and contemporary tile work. New wood-look flooring, recessed lighting, and updated fixtures throughout indicate mint condition and immediate move-in readiness.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 43560, living area = 3843.
The property features a second unit currently generating $1,900 per month in rental income, providing an immediate and significant offset to mortgage costs.
With county records allowing for 2+ units and a generous one-acre lot, there is substantial opportunity for further expansion or multi-generational living configurations.
The list price of $950,000 is more than double the 2021 sale price of $460,000, which may present appraisal challenges without documented extensive renovations.
Situated in Newman, the property may experience limited proximity to major metropolitan amenities, shopping centers, and primary employment hubs compared to more urbanized areas.
Per county records up to 2+units allowed, Tenant in the second unit pay $1,900.00 per month.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 3.2 |
| Baths | 3.0 | 2.4 |
| Square foot | 3,843 | 1,537.6 |
| Lot Size | 43,560 | 6,127.8 |
| Price | $950.0K | $440.2K |
| Price per sq ft | $247 | $280 |
| Built year | 1990 | 2003 |
| HOA | $0 | $140 |
| Days on market | 28 | 56 |
Aug 12, 2026
$950,000
Initial Listing
Aug 11, 2021
$460,000
Public Record
Jun 19, 2009
$260,000
Public Record
Jul 15, 1999
$318,000
Public Record