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For sale
  • Listed by: EXP Realty of California, INC
    Price cut: $10K (6/18)
    $515,000

    3888 Solstice Ave, Merced, CA 95348

    8beds
    3,286sqft
    : 
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    Single Family Residence
    Built in 2005
    9,833 Square Feet Lot
    $-- Zestimate®
    $157/sqft
    $-- HOA

    What's special

    Large two-story homeShared common areasOpen dining spaceMultiple updated bathrooms throughoutPrivacy fencingSpacious corner lotIndoor laundry
    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.
    41 days
    |
    539
    |
    24
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Kellie Leach DRE #02091652 209-628-1553,

    EXP Realty of California, INC

    Source: CRMLS,MLS#: MC26105349MLS LogoOriginating MLS: California Regional MLS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 8
      • Bathrooms: 4
      • Full bathrooms: 4
      • Main level bathrooms: 1
      • Main level bedrooms: 4
      Rooms
      • Room types: Kitchen, Laundry, Living Room
      Heating
      • Central
      Cooling
      • Central Air
      Appliances
      • Included: Gas Range, Microwave, Refrigerator
      • Laundry: Inside
      Features
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: No Common Walls
      Interior area
      • Total interior livable area: 3,286 sqft

      Property

      Parking
      • Total spaces: 3
      • Parking features: Garage - Attached
      • Attached garage spaces: 3
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: front door
      • Pool features: None
      • Has view: Yes
      • View description: Neighborhood
      Lot
      • Size: 9,833 Square Feet
      • Features: Back Yard, Front Yard
      Details
      • Parcel number: 206136002000
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Single Family Residence
      Condition
      • New construction: No
      • Year built: 2005

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Sidewalks
      Location
      • Region: Merced

      Financial & listing details

      • Price per square foot: $157/sqft
      • Tax assessed value: $418,200
      • Annual tax amount: $5,796
      • Date on market: 5/14/2026
      • Cumulative days on market: 42 days
      • Listing terms: Contract,Submit

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,930/mo

        Price history

        DateEventPrice
        6/18/2026Price change$515,000-1.9%$157/sqft
        Source: MetroList Services of CA #226061605 Report a problem
        5/14/2026Listed for sale$525,000+19.3%$160/sqft
        Source: eXp Realty #MC26105349 Report a problem
        4/12/2024Listing removed--
        Source: Zillow Rentals Report a problem
        11/11/2023Listed for rent$1,200-52.7%
        Source: Zillow Rentals Report a problem
        9/11/2023Listing removed$2,535$1/sqft
        Source: Zillow Rentals Report a problem
        8/28/2023Listed for rent$2,535$1/sqft
        Source: Zillow Rentals Report a problem
        8/17/2023Listing removed--
        Source: PMZ Real Estate Report a problem
        8/17/2023Pending sale$440,000+7.3%$134/sqft
        Source: PMZ Real Estate #223053852 Report a problem
        8/15/2023Sold$410,000-6.8%$125/sqft
        Source: MetroList Services of CA #223053852 Report a problem
        8/3/2023Listed for sale$440,000$134/sqft
        Source: PMZ Real Estate #223053852 Report a problem
        8/3/2023Pending sale$440,000$134/sqft
        Source: MetroList Services of CA #223053852 Report a problem
        7/7/2023Listed for sale$440,000$134/sqft
        Source: MetroList Services of CA #223053852 Report a problem
        6/25/2023Pending sale$440,000$134/sqft
        Source: MetroList Services of CA #223053852 Report a problem
        6/13/2023Listed for sale$440,000+27.2%$134/sqft
        Source: MetroList Services of CA #223053852 Report a problem
        6/29/2005Sold$346,000$105/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$5,796 +5.1%$418,200 +2%
        2024$5,513 -9.3%$410,000 -11.6%
        2023$6,080 +2%$463,551 +2%
        2022$5,960 +12.2%$454,463 +15.3%
        2021$5,310 +6.5%$394,000 +9.6%
        2020$4,985 -3.1%$359,500 -3.9%
        2019$5,147 +10.1%$374,000 +4.2%
        2018$4,675 +0.3%$359,000 +5.6%
        2017$4,659 +1.4%$340,000 +1.5%
        2016$4,592 +15.7%$335,000 +5.7%
        2015$3,969 $317,000 +12.4%
        2014$3,969 +18%$282,000 +20.5%
        2013$3,362 $234,000 +10.9%
        2012-- $211,000 +6.6%
        2011-- $198,000 +36.6%
        2010-- $145,000 -31%
        2009-- $210,000 -35.4%
        2008-- $325,000 -9.7%
        2007-- $359,978 +2%
        2006-- $352,920

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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          Climate risks

          Neighborhood: 95348

          Getting around

          6 / 100
          Car-Dependent
          50 / 100
          Bikeable

          Nearby schools

          GreatSchools rating

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