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$515,000
8 Beds 4 Baths MC26105349 MLS Active Status
CASH-FLOWING INVESTMENT OPPORTUNITY WITH BUILT-IN INCOME! This unique income-producing property offers a rare opportunity for investors seeking immediate monthly cash flow with tenants and rental agreements already in place. Originally designed as a 3-bedroom, 2-bathroom home, the property has been professionally converted into an 8-bedroom, 4 full bathroom shared housing setup, maximizing rental income potential in today’s high-demand housing market. Positioned on a spacious corner lot next to open space and walking paths, this large two-story home features multiple private rooms, shared common areas, a functional kitchen with ample cabinetry, open dining space, indoor laundry, and a flexible floorplan designed for multi-tenant occupancy. The property currently generates approximately $4,000 NET income per month at full occupancy, making it an ideal turnkey investment for buyers seeking passive income, house-hacking opportunities, assisted living potential, student housing, workforce housing, or portfolio expansion. The home includes a desirable 3-car garage, oversized driveway for additional parking, and multiple updated bathrooms throughout. Several areas of the home have been adapted to support separate occupants while maintaining comfortable shared living spaces. The backyard offers additional outdoor enjoyment with covered patio space and privacy fencing. Located near parks, commuter routes, shopping, schools, and local amenities, this property combines strong rental performance with long-term upside potential. Opportunities like this are difficult to find, especially with existing tenants already in place and producing income from day one. Whether you're a seasoned real estate investor, first-time income property buyer, or someone looking to expand into co-living rental opportunities, this property delivers immediate revenue and future growth potential.

3888 Solstice, Merced

$489,000
5 Beds 3 Baths DW26079389 MLS Active Status
Description Welcome to this beautifully maintained Lennar home, built in 2021, offering the perfect blend of modern design, everyday comfort, and an exceptional location in one of North Merced's most desirable neighborhoods. Situated directly across from a neighborhood children's playground and just a short walk to Richard Bernasconi Park, this move-in-ready home also provides convenient access to UC Merced, Merced College, Lake Yosemite, shopping, dining, and major commuter routes. Prime Location Directly across from a neighborhood children's playground Short walk to Richard Bernasconi Park Approximately 7 minutes to UC Merced and Lake Yosemite Approximately 10 minutes to Merced College Convenient bike lane access to UC Merced Walking distance to the UC Merced CatTracks bus stop Highly desirable first-floor bedroom with a nearby half bath—ideal for guests, multigenerational living, or a home office Spacious upstairs loft offering flexible living space Convenient upstairs laundry room Open-concept kitchen featuring granite countertops, a large center island, abundant cabinetry, and generous workspace for cooking and entertaining Quality Finishes Elegant wood-look porcelain tile flooring throughout the main living areas, kitchen, downstairs half bath, upstairs laundry room, and both full bathrooms Comfortable carpeting in the downstairs bedroom, upstairs bedrooms, loft, and staircase Unlike many newer homes, this property is truly move-in ready with numerous upgrades already completed, saving the next owner both time and expense. Refrigerator included Washer and dryer included Google Nest security cameras and video doorbell Professionally installed ADT security system with sensors EV Level 2 charging outlet installed in the garage Keyless entry system Beautifully Finished Backyard Natural grass landscaping Automatic sprinkler system Spacious concrete patio Beautiful gazebo included Outdoor patio furniture included Portable fire pit included Energy-Efficient Features Built by Lennar in 2021 Energy-efficient construction Solar system with an affordable lease of only $37/month, helping reduce electricity costs HOA: $106/month With the refrigerator, washer, dryer, gazebo, outdoor patio furniture, portable fire pit, Google Nest security system, professionally installed ADT security system, and EV Level 2 charging outlet all included, this home offers exceptional move-in-ready value.

2482 Valdes Dr, Merced

$299,999
3 Beds 1 Baths MC26073213 MLS Active Status
Is there a move-in ready 3-bed home in Merced under $300K with a large lot and future income potential? This property at 789 Yosemite Pkwy checks the boxes with fresh updates, a detached garage, and space to expand, offering both immediate comfort and long-term upside for buyers. Welcome to 789 Yosemite Pkwy, Merced, CA 95340. This well-maintained 3-bedroom, 1-bath home offers 1,032 square feet of functional living space on a generous 7,500 square foot lot. Recent updates include new interior paint and brand new carpet, creating a clean and inviting environment ready for its next owner. The layout is practical and efficient, making it ideal for first-time buyers, downsizers, or investors seeking a solid rental opportunity. Natural light fills the living areas, while the refreshed interior provides a move-in ready experience without the need for immediate renovations. One of the standout features of this property is the detached two-car garage, which presents potential for an ADU conversion (buyer to verify). This adds a valuable opportunity for additional living space or future rental income, increasing the property's versatility and long-term value. The spacious lot offers ample room for outdoor use, expansion, or customization to fit your needs. Whether you envision a garden, entertaining space, or future development, the lot size provides flexibility that is increasingly hard to find at this price point. Positioned in Merced, this home offers convenient access to local amenities, schools, and commuter routes, making daily living simple and accessible. If you have been searching for a 3-bed home in Merced under $300K, this property delivers a rare combination of affordability, updates, and potential. Contact us today to schedule your private tour and explore the possibilities this home has to offer.

789 Yosemite, Merced

$335,000
3 Beds 2 Baths MC26047202 MLS Pending Status
Is there a 3-bed home in North Merced under $350K close to parks and everyday conveniences? Located near Burbank Park, this centrally positioned Merced home offers 3 bedrooms, 2 bathrooms, 1,327 square feet of living space, two living rooms, and a two car garage on a 6,255 sq ft lot. Welcome to 3125 El Capitan Ave in Merced, California, a single family home offering comfortable living space in a convenient North Merced location close to shopping, local amenities, and neighborhood parks. Built in 1960, the home offers 1,327 square feet of interior space with a layout designed for flexibility. One of the standout features is the presence of two separate living rooms, allowing for multiple uses such as a family room, media space, home office, or entertainment area. This added living space provides options that many homes in this price range may not offer. The home includes three bedrooms and two bathrooms, with an updated bathroom vanity adding a refreshed touch. The exterior features stone accents on the front of the home, giving the property additional character and curb appeal. Parking and storage needs are met with a two car garage, while the 6,255 square foot lot provides outdoor space with room for landscaping, outdoor seating, or future personalization. The location places you near Burbank Park and centrally within Merced, offering convenient access to nearby shopping, services, and everyday necessities. For buyers searching for a 3-bed home in North Merced, this property presents an opportunity to own a centrally located home with flexible living space and practical features. Schedule a showing to explore the potential of this North Merced property.

3125 El Capitan, Merced

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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