Very Good Investment opportunity! THREE HOUSES on OVER TWO ACRES, and an additional 4th house that can be fixed up as well.
This is a great chance to have 4 rental properties on two plus acres OR create your dream home in a location with lots of potential.
Located just outside the city limits of Merced, this property is in a great location for future expansion.
As Merced expands, the new owner of this property will be in an an an excellent position to benefit from Merced City's growth and upcoming developments in the area.
The addresses of the houses on the property are:
1116 W. Cardella - 2 bedrooms/1 bath.
1106 W. Cardella - 1 bedroom/1 bath.
1126 W. Cardella - 1 bedroom/1 bath.
4020 Branum Rd. house is a fixer in need of repairs.
Newer Well was put in on November 2020.
Sold for $575,000 on 10/24/24
Listing Provided by:
Matthew Ostdiek DRE #01074109 559-470-7785,
Ostdiek Realty
Bought with: London Properties Ltd - Merced
$575,000
1116 W Cardella Rd, Merced, CA 95348
2beds
704sqft
Single Family Residence
Built in 1950
2.21 Acres Lot
$568,700 Zestimate®
$817/sqft
$1,540 Estimated rent
Home value
$568,700
$495,000 - $654,000
$1,540/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: December 04, 2024 at 07:43pm
Listing Provided by:
Matthew Ostdiek DRE #01074109 559-470-7785,
Ostdiek Realty
Bought with:
Scott Messing, DRE #01883959
London Properties Ltd - Merced
Source: CRMLS,MLS#: MC24183187
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 1
- Full bathrooms: 1
- Main level bathrooms: 3
- Main level bedrooms: 4
Cooling
- None
Appliances
- Laundry: See Remarks
Features
- All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 704 sqft
Property
Features
- Levels: One
- Stories: 1
- Entry location: front
- Patio & porch: None
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 2.21 Acres
- Features: Lot Over 40000 Sqft
Details
- Parcel number: 057040051000
- Zoning: A-1
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Roof: Composition
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Sewer: Shared Septic
- Water: Well
- Utilities for property: Electricity Connected
Community & neighborhood
Community
- Community features: Rural
Location
- Region: Merced
Other
Other facts
- Listing terms: Cash,Conventional
Price history
| Date | Event | Price |
|---|---|---|
| 10/24/2024 | Sold | $575,000-11.5%$817/sqft |
Source:  CRMLS #MC24183187 | ||
| 9/16/2024 | Pending sale | $650,000$923/sqft |
Source: CRMLS #MC24183187 | ||
| 9/9/2024 | Listed for sale | $650,000$923/sqft |
Source: CRMLS #MC24183187 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $6,397 +607.6% | $576,200 +593.5% |
| 2024 | $904 +1.4% | $83,087 +2% |
| 2023 | $892 +1.4% | $81,465 +2% |
Find assessor info on the county website
Neighborhood: 95348
Nearby schools
GreatSchools rating
- 5/10Joe Stefani Elementary SchoolGrades: 3-6Distance: 2 mi
- 4/10Herbert H. Cruickshank Middle SchoolGrades: 7-8Distance: 2.4 mi
- 6/10El Capitan HighGrades: 9-12Distance: 2.5 mi
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