Property Description
Excellent income opportunity in an established neighborhood! Features two units, with Unit one being 3 bed 1 bath currently tenant-occupied at $2,000/month plus utilities. The second unit is vacant and ready for occupancy, with potential rent of $1,200/month. Add your own appliances and start generating immediate cash flow! Property offers a strong 8% cap rate and even more upside with room to add an ADU (buyer to verify). Whether you're an investor or owner-occupant, take advantage of available seller concessions and unlock the full potential of this value-add property. Don't miss this rare find with built-in income and expansion options! Located in the heart of the historical old town Merced, with tree-lined streets and close to downtown. Please call for an appointment; do not disturb tenants.
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
$7,467
TurboHome Estimated Value
$466,400
$221 sqft
High Valuation
$489,720
$233/sqft
Normal Valuation
$466,400
$221/sqft
Low Valuation
$443,080
$210/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $221/sqft | $466,400 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood
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Comparative Value
$435K
$489K
$630K
121 W 25th St, Merced, CA 95340
List Price: $435,000
Subject Property
3084 W Queens Cir, Merced, CA 95340
Sale Price: $489,000
Selected Comparable
13 W 18th St, Merced, CA 95340
Sale Price: $630,000
Selected Comparable
Neighborhood Comps
Subject Property
SUBJECT121 W 25th St, Merced, CA 95340
List: $435,000
Listed: 5/8/2025
Area:2,106 sqft
Price/sqft:$207
Beds:1
Baths:1
Year Built:—
Lot Size:7,500
Comparable Properties
COMPARABLEChoose comps
13 W 18th St, Merced, CA 95340
Sale: $630,000
5/21/2025 • 0.54 mi
Area:2,496 sqft
Price/sqft:$252
Beds:1
Baths:1
Year Built:—
Weight:53.2%
3084 W Queens Cir, Merced, CA 95340
Sale: $489,000
7/15/2025 • 1.22 mi
Area:2,272 sqft
Price/sqft:$215
Beds:2
Baths:1
Year Built:—
Weight:46.8%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
121 W 25th St, Merced, CA 95340 | $435,000 | 2,106 | $207 | 7,500 | — | 5/8/2025 | 1 | 1 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
13 W 18th St, Merced, CA 95340 | $630,000 | 2,496 | $252 | 7,500 | 0.54 mi | 5/21/2025 | 1 | 1 | — | 53.2% | |
3084 W Queens Cir, Merced, CA 95340 | $489,000 | 2,272 | $215 | 6,278 | 1.22 mi | 7/15/2025 | 2 | 1 | — | 46.8% |
Nearby Listings
4 similar properties within 5 miles

List Price: $350,000
1020 W 20th St, Merced, CA 95340
1 bd 1 ba 1,484 sqft
TurboHome Est. Value:
$351,000

List Price: $350,000
1127 W 23rd St, Merced, CA 95340
2 bd 1 ba 1,263 sqft
TurboHome Est. Value:
$332,600

List Price: $354,999
1625 Rose Ave, Merced, CA 95341
2 bd 1 ba 1,304 sqft
TurboHome Est. Value:
$248,700
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