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Marissa Buss & Danny Lampert

marissabussre@gmail.com +1(818) 515-7131

Listed by Marcus Rodriguez • Keller Williams Property Team

$ 389,000

Est. payment | -/mo

3 Beds

2 Baths

924 SqFt

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$ 389,000

Est. payment | -/mo

Save Virtual Tour

3 Beds

2 Baths

924 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Active

Purchase Type For Sale

Square Footage 924 sqft

Price per Sqft $420

MLS Listing ID MC-26117201

Bedrooms 3

Full Baths 2

Year Built 1925

Lot Size 7,500 Sqft

Property Sub-Type Single Family Residence

Source California Regional Multiple Listing Service (CRMLS)

Property Description

Turnkey investment opportunity in an established Merced neighborhood featuring a fully remodeled 2-bedroom, 1-bath main home and a separate 1-bedroom, 1-bathroom ADU on a generous 7,500-square-foot lot. Currently generating $2,750 per month in rental income, with the main home leased at $1,550 per month and the ADU leased at $1,200 per month. Both units have been extensively updated, including new electrical and plumbing, providing peace of mind for years to come. Each unit is separately metered, and tenants currently pay all utilities and property maintenance, helping keep ownership expenses low. Current leases expire in early August, offering flexibility for investors seeking rental income, the opportunity to adjust rents, or potential owner-occupancy options. With strong in-place cash flow, major system upgrades already completed, and a desirable location within an established neighborhood, this property presents an excellent opportunity for both seasoned and first-time investor.

Location

State CA

County Merced

Zoning R-1-6

Interior

Interior Features Ceiling Fan(s)

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplaces Type None

Laundry Inside

Exterior

Parking Features Driveway

Garage Spaces 1.0

Pool None

Community Features Sidewalks, Street Lights, Suburban

View Y/N Yes

Building

Lot Description Front Yard, Lawn, Back Yard

Sewer Public Sewer

Others

Virtual Tour https://www.youtube.com/watch?v=mU6VVxhFWK8

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Marissa Buss & Danny Lampert

Lic# 01770909 | 01834114

marissabussre@gmail.com

+1(818) 515-7131

2475 Townsgate Rd Ste. 160, Westlake Village, CA, 91361

24 West 26th Street Merced, CA 95340

Marissa Buss & Danny Lampert

Key Details

Location

Interior

Exterior

Building

Others

Nearby Locations

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24 West 26th Street