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Eric Boyenga

e@boyenga.com +1(408) 506-3942

Listed by Kellie Leach, DRE #02091652 • EXP Realty of California, INC

$ 525,000

Est. payment | -/mo

8 Beds

4 Baths

3,286 SqFt

Save

$ 525,000

Est. payment | -/mo

Save

8 Beds

4 Baths

3,286 SqFt

Key Details

Property Type Single Family Home

Sub Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 3,286 sqft

Price per Sqft $159

MLS Listing ID CRMC26105349

Bedrooms 8

Full Baths 4

Year Built 2005

Lot Size 9,833 Sqft

Property Sub-Type Single Family Home

Source California Regional MLS

Property 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. Th

Location

State CA

County Merced

Rooms

Kitchen Microwave, Oven Range - Gas, Refrigerator

Interior

Heating Central Forced Air

Cooling Central AC

Fireplaces Type None

Laundry Other

Exterior

Garage Spaces 3.0

Pool None

View Local/Neighborhood

Building

Water District - Public

Others

Tax ID 206136002000

Special Listing Condition Not Applicable

NEARBY SCHOOL & BUSINESS

+1(408) 506-3942

e@boyenga.com

167 S. San Antonio Road, Altos, CA

3888 Solstice Merced, CA 95348