3888 Solstice Avenue, Merced, CA 95348
Merced County
Key Facts
Description
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.
Property Information
Property Type
Residential
Sub-Type
Single Family Residence
Year Built
2005
Living Area
3,286 sq ft
Lot Size
0.23 acres
Garage Spaces
3
MLS® Listing#
226061605
Property Features
Cooling
Heating
Flooring
Parking
Lot Features
Construction
Foundation
Roof
Sewer
Water Source
Schools
- District:
- Merced
Financial Details
HOA
None
Parcel Number
206-136-002-000
Directions
From CA-99, take the Yosemite Parkway exit and head east. Continue on Yosemite Ave, turn left on G Street, then right on El Portal Drive. Turn left onto Solstice Avenue and continue to 3888 Solstice Avenue, which will be on your right.
Affordability Calculator
$103,000
Estimated monthly payment
$2,741/mo
Principal $412,000 · Est. interest $574,777 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Merced, CA
- $467,476
- Median Listing Price
- 49
- Median Days on Market
- 1,788
- Median Sq Ft
- $255
- Median Price / Sq Ft
- 365
- Active Listings
- This home’s price is 10% above the area median.
- Its price per sq ft is 39% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Merced, CA.
Location
Points of Interest in Merced, CA
Showing the Merced area map.
Nearby Schools
Rudolph Rivera Middle
Elementary · 0.8 mi away
Rivera Elementary PTC
Elementary · 0.8 mi away
St Lukes Anglican School
School · 0.9 mi away
Herbert H. Cruickshank Middle
Secondary · 1.3 mi away
Gateway Edu Care Infant Center
School · 1.3 mi away
Merced High School
Secondary · 1.5 mi away
Merced Christian School
Elementary · 1.5 mi away
Peterson Elementary School
Elementary · 1.6 mi away
Alexander Street Montessori
Elementary · 2.0 mi away
Luther Burbank Elementary School
Elementary · 2.0 mi away
John Fremont Elementary
Elementary · 2.1 mi away
Muir Elementary School
Elementary · 2.2 mi away
El Capitan High School
Secondary · 2.2 mi away
Donn B Chenoweth Elementary
Elementary · 2.4 mi away
Merced Montessori School
Elementary · 2.4 mi away
Stone Ridge Christian Elementary
Elementary · 2.4 mi away
Herbert Hoover Middle
Secondary · 2.7 mi away
Stone Ridge Christian
Secondary · 2.8 mi away
Independence High School
Secondary · 2.8 mi away
Joe Stefani Elementary School
Elementary · 2.8 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 3888 Solstice, Merced, CA | $515,000 | 8 | 4 | 3,286 |
Moving Cost Estimate
EXIT Agents in Merced
Listing Courtesy: eXp Realty of California Inc. - 8888327179
Presented by: Kellie Leach
CA DRE# 01520140. Kris Klair Broker
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