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1020 W 20th St, Merced, CA 95340

List Price: $350,000On Market FlagOn market
Feb 12, 20251,484 sqft1 beds1 baths
Listed by: Robert Moore
License #: 01951575
Phone #: 209-538-2180
Redwood Real Estate
Source:
CRMLS Logo
MLS #: MC25031031

Property Description

Turnkey Duplex Investment Opportunity in Merced, CA! Discover a fantastic investment opportunity at 1020 W 20th St, Merced, CA 95340. This well-maintained duplex, built in 1960, offers two one bedroom one bath units totaling 1,484 sq. ft., situated on a 7,377 sq. ft. lot. Both units are currently occupied by good long-term tenants, providing immediate rental income and stability for investors. The units both feature 1 bedrooms and 1 full bathroom, with central heat and air and a covered patio for added tenant comfort. Don't miss this excellent investment with reliable rental income from day one! Contact us today for more details. Unit 1020 rent has been increased to $652 effective 4/1/2025. Unit 1022 rent is $1095.
Assignment
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Kevin Kretzmer
Kevin Kretzmer

Role: TurboHome Head Agent

Experience: 10 years

No. of Transactions: 227

“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

TurboHome Savings

$5,280

TurboHome Estimated Value

$351,000

$237 sqft

High Valuation
$368,550
$248/sqft
Normal Valuation
$351,000
$237/sqft
Low Valuation
$333,450
$225/sqft

3rd Party Estimates

Source$/sqftValuation
HouseCanary$237/sqft$351,000

Neighborhood

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Comparative Value

$220K

$296K

$320K

$350K

$350K

450 E 26th St, Merced, CA 95340

Sale Price: $220,000

Selected Comparable

1905 D St, Merced, CA 95340

Sale Price: $296,000

Selected Comparable

290 E 21st St, Merced, CA 95340

Sale Price: $320,000

Selected Comparable

1305 Paseo Redondo Dr, Merced, CA 95348

Sale Price: $325,000

Selected Comparable

1020 W 20th St, Merced, CA 95340

List Price: $350,000

Subject Property

255 W 22nd St, Merced, CA 95340

Sale Price: $350,000

Selected Comparable

Neighborhood Comps

Subject Property

SUBJECT
1020 W 20th St, Merced, CA 95340

1020 W 20th St, Merced, CA 95340

List: $350,000

Listed: 2/12/2025

Area:1,484 sqft
Price/sqft:$236
Beds:1
Baths:1
Year Built:
Lot Size:7,377

Comparable Properties

COMPARABLE
Choose comps
290 E 21st St, Merced, CA 95340

290 E 21st St, Merced, CA 95340

Sale: $320,000

7/2/20251.29 mi

Area:1,172 sqft
Price/sqft:$273
Beds:2
Baths:1
Year Built:
Weight:21.1%
450 E 26th St, Merced, CA 95340

450 E 26th St, Merced, CA 95340

Sale: $220,000

2/20/20251.23 mi

Area:1,210 sqft
Price/sqft:$182
Beds:2
Baths:1
Year Built:
Weight:20.2%
1905 D St, Merced, CA 95340

1905 D St, Merced, CA 95340

Sale: $296,000

11/1/20241.22 mi

Area:1,254 sqft
Price/sqft:$236
Beds:2
Baths:1
Year Built:
Weight:19.8%
1305 Paseo Redondo Dr, Merced, CA 95348

1305 Paseo Redondo Dr, Merced, CA 95348

Sale: $325,000

6/20/20251.32 mi

Area:1,307 sqft
Price/sqft:$249
Beds:2
Baths:2
Year Built:
Weight:19.5%
255 W 22nd St, Merced, CA 95340

255 W 22nd St, Merced, CA 95340

Sale: $350,000

3/27/20250.71 mi

Area:1,326 sqft
Price/sqft:$264
Beds:2
Baths:2
Year Built:
Weight:19.4%

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