828 W 23rd Street, Merced, California 95340, Merced, 95340 - 3 bed, 2 bath
828 W 23rd Street
Merced, California 95340
Property Price
SUMMARY
Analysis of 828 W 23rd Street, Merced, California 95340 reveals a Fairly Priced Property with a current list price of $340,000 aligned with the estimated $340,000 Fair Market Value. This represents a stable investment opportunity at market rate. 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.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 828 W 23rd Street Subject | $340,000* List Price | 3 | 2 | 1,146 | $297 | - |
A 1320 W. 25th Street Sold | $340,000 | 3 | 1 | 1,128 | $301 | 0.5 mi |
B 1028 W 22nd Sold | $312,800 | 2 | 1 | 1,104 | $283 | 0.2 mi |
C 14 W 28th Street Sold | $310,000 | 2 | 2 | 1,002 | $309 | 0.8 mi |
D 2229 "p" Street Active | $285,000 List Price | 3 | 2 | 1,177 | $242 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Despite being built in 1925, the property has undergone an extensive recent renovation that meets the highest quality standards. Key updates include a brand-new roof, a new central heating and air system, a fully remodeled kitchen with new appliances, and two completely updated bathrooms. The interior features new laminate flooring and fresh baseboards throughout, indicating no deferred maintenance and a move-in-ready state equivalent to a new or fully restored home.
PROSSTRENGTHS & OPPORTUNITIES
- Comprehensive Modern Updates
The property features significant high-value upgrades, including a brand-new roof, a new central heating and air system, and a fully remodeled kitchen with new appliances, ensuring reduced immediate maintenance costs.
- Versatile Living Space
Beyond the three bedrooms, the home includes a dedicated flex space not counted in the official square footage, offering the potential for a fourth bedroom, home office, or gym to suit various lifestyle needs.
- Enhanced Lot Utility
The 6,000 sq ft lot provides excellent functionality with a new perimeter fence and rear alley access, offering privacy and the potential for future expansion or ADU development.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1146, other record living area = 936.
- Recently Sold Property
The property was recently sold within the past year on 2025-07-15. The sold price is $230,000.00.
- Century-Old Infrastructure
Built in 1925, the home may have underlying structural or layout characteristics typical of its era that might not fully align with modern building standards despite recent cosmetic and system renovations.
About 828 W 23rd Street
Welcome to this beautifully updated 3-bedroom 2-bath home with a flex space as well that could be a 4th bedroom which is not included in the sq ft and could be a home gym, or office space. offering over 1,100 sq ft of living space on a spacious 6,000 sq ft lot. Centrally located close to shopping, schools, and dining, this move-in ready gem features a low-maintenance front yard with ample parking in the driveway or on the street. Step inside to find brand new laminate flooring —no carpet—accented by fresh baseboards and an inviting open floor plan. The remodeled kitchen boasts all new appliances and flows seamlessly into the living and dining areas. Both bathrooms have been fully updated and have tile flooring , including a brand new en-suite in the primary bedroom. Enjoy added comfort with a brand new roof and a new central heat and air system. The large backyard offers alley access, a new perimeter fence, and endless possibilities for outdoor entertaining or future expansion. This home combines comfort, style, and convenience in a prime location.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1925
- 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 | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,146 | 1,551 | 18% |
| Lot Size | 6,000 | 7,500 | 13% |
| Price | $340.0K | $360.0K | 29% |
| Price per sq ft | $297 | $245 | 85% |
| Built year | 1925 | 1965 | 7% |
| HOA | $0 | $0 | 50% |
| Days on market | 95 | 171 | 17% |
Pricing History
Listed for Sale
Feb 28, 2026
$340,000
Initial Listing
Price Change
Dec 2, 2025
$350,000
Initial Listing
Sold
Jul 15, 2025
$230,000
Public Record
Sold
Apr 30, 2003
$130,000
Public Record