852 San Pablo Ave, Merced, California 95348, Merced, 95348 - 3 bed, 2 bath
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Merced, California 95348
This property presents a High-Potential Investment Opportunity with a List Price of $399,000—positioned well below the $259,330 Fair Market Value by -53%. Featuring paid solar panels and a 1,901 sqft floor plan, the home offers significant utility savings. With a Condition Rating of 5, the property requires substantial interior updates, providing a clear path for forced appreciation. Located near Merced College and local schools, this is a strategic acquisition for Buy-and-Hold Investors or Contractors seeking a value-add project in a high-demand area.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 852 San Pablo Ave Subject | $399,000* List Price | 3 | 2 | 1,901 | $136 | - |
A 19 Sun Valley Court Sold | $380,000 | 3 | 2 | 1,577 | $241 | 0.8 mi |
B 3500 Paseo Verde Avenue Sold | $450,000 | 3 | 2 | 2,001 | $225 | 0.2 mi |
C 448 Judy Court Sold | $440,000 | 3 | 2 | 2,213 | $199 | 0.6 mi |
D 1151 Mazatlan Sold | $444,888 | 5 | 3 | 2,243 | $198 | 0.2 mi |
E 3440 La Jolla Drive Sold | $344,000 | 3 | 2 | 1,328 | $259 | 0.1 mi |
F 3529 Paseo Verde Avenue Sold | $495,000 | 5 | 3 | 2,241 | $221 | 0.2 mi |
G 3406 Lago Court Active | $457,500 List Price | 4 | 3 | 2,066 | $221 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
The property was built in 1988, making it 38 years old and placing it in the 'poor' category based on the age criteria (>30 years). While the paid solar is a valuable system update, the lack of mentioned renovations suggests the kitchen and bathrooms are likely original and require significant updates or rehab.
The property features fully paid solar panels, offering significant long-term utility savings and immediate added value for the buyer.
Ideally situated within minutes of Merced College, popular shopping centers, and local bike trails, providing excellent lifestyle convenience.
The home is located within walking distance (less than 0.3 miles) of both elementary and middle schools, making it highly practical for families.
The assigned middle and high schools have lower academic ratings (3 and 4 respectively), which may be a concern for education-focused families.
The property is noted as having no views, which may limit its appeal to buyers seeking a more aesthetic or picturesque setting.
PRIME LOCATION + PAID SOLAR Don't miss out on this fantastic 3 bed 2 bath home located just minutes from Merced College, popular shopping, and local bike trails.
No exterior & parking available.
Grades K-6 • 0.2 mi
Grades K-6 • 1.5 mi
Grades K-6 • 2.4 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 43% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,901 | 1,697.5 | 70% |
| Lot Size | 7,410 | 6,043 | 79% |
| Price | $399.0K | $419.9K | 34% |
| Price per sq ft | $210 | $247 | 19% |
| Built year | 1988 | 2009 | 21% |
| HOA | $0 | $0 | 50% |
| Days on market | 7 | 169 | 2% |
May 30, 2026
$399,000
Initial Listing
Aug 24, 2012
$155,000
Public Record
Jan 22, 2007
$335,000
Public Record