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Listed by Marcus Rodriguez, DRE #02005100 • Keller Williams Property Team
$ 389,000
Est. payment /mo
New
24 W 26th ST Merced, CA 95340
3 Beds
2 Baths
924 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Single Family Home
Listing Status Active
Purchase Type For Sale
Square Footage 924 sqft
Price per Sqft $420
MLS Listing ID CRMC26117201
Bedrooms 3
Full Baths 2
Year Built 1925
Lot Size 7,500 Sqft
Property Sub-Type Single Family Home
Source California Regional MLS
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
Rooms
Kitchen Microwave
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Fireplaces Type None
Laundry Other
Exterior
Parking Features Garage, Other
Garage Spaces 1.0
Pool None
View Local/Neighborhood
Building
Story One Story
Water District - Public
Others
Tax ID 030122006000
Special Listing Condition Not Applicable
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