3888 Solstice Ave Merced, CA 95348
Estimated payment $3,259/month
Highlights
- Solar Power System
- No HOA
- 3 Car Attached Garage
- Corner Lot
- Breakfast Area or Nook
- Bathtub with Shower
About This Home
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.
Home Details
Home Type
- Single Family
Year Built
- Built in 2005
Lot Details
- 9,831 Sq Ft Lot
- Corner Lot
- Property is zoned P-D
Parking
- 3 Car Attached Garage
Home Design
- Slab Foundation
- Stucco
Interior Spaces
- 3,286 Sq Ft Home
- 2-Story Property
- Living Room
- Breakfast Area or Nook
- Laundry in unit
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 8 Bedrooms
- Bathtub with Shower
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Additional Features
- Solar Power System
- Central Heating and Cooling System
Community Details
- No Home Owners Association
Listing and Financial Details
- Assessor Parcel Number 206-136-002-000
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $5,513 | $418,200 | $107,100 | $311,100 |
| 2024 | $5,513 | $410,000 | $105,000 | $305,000 |
| 2023 | $6,080 | $463,551 | $147,369 | $316,182 |
| 2022 | $5,960 | $454,463 | $144,480 | $309,983 |
| 2021 | $5,310 | $394,000 | $85,000 | $309,000 |
| 2020 | $4,985 | $359,500 | $80,000 | $279,500 |
| 2019 | $5,147 | $374,000 | $65,000 | $309,000 |
| 2018 | $4,675 | $359,000 | $55,000 | $304,000 |
| 2017 | $4,659 | $340,000 | $45,000 | $295,000 |
| 2016 | $4,592 | $335,000 | $45,000 | $290,000 |
| 2015 | $4,373 | $317,000 | $45,000 | $272,000 |
| 2014 | $3,969 | $282,000 | $30,000 | $252,000 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/14/2026 05/14/26 | For Sale | $525,000 | +28.0% | $160 / Sq Ft | |
| 08/15/2023 08/15/23 | Sold | $410,000 | -6.8% | $125 / Sq Ft | View Prior Sale |
| 08/02/2023 08/02/23 | Pending | -- | -- | -- | |
| 07/07/2023 07/07/23 | For Sale | $440,000 | 0.0% | $134 / Sq Ft | |
| 06/25/2023 06/25/23 | Pending | -- | -- | -- | |
| 06/13/2023 06/13/23 | For Sale | $440,000 | -- | $134 / Sq Ft |
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $410,000 | Chicago Title Company | |
| Deed | -- | Chicago Title Company | |
| Grant Deed | $346,000 | Transcounty Title Company |
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $287,000 | New Conventional |
Source: MetroList
MLS Number: 226061605
APN: 206-136-002
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