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.
For sale
Listed by: EXP Realty of California, INC • Kellie Leach • Contact: 209-628-1553
$515,000
3888 Solstice Ave, Merced, CA 95348
8beds
3,286sqft
Single Family Residence
Built in 2005
9,833 Square Feet Lot
$508,900 Zestimate®
$157/sqft
$-- HOA
What's special
- 103 days
- 299
- 11
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#: MC26105349
Originating MLS: California Regional MLS
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: $426,564
- Date on market: 5/14/2026
- Cumulative days on market: 103 days
- Listing terms: Contract,Submit
Estimated market value
$508,900
$483,000 - $534,000
$3,017/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/5/2026 | Listed for sale | $515,000$157/sqft |
Source: | ||
| 8/7/2026 | Listing removed | $515,000$157/sqft |
Source: eXp Realty #226061605 Report a problem | ||
| 6/18/2026 | Price change | $515,000-1.9%$157/sqft |
Source: MetroList Services of CA #226061605 Report a problem | ||
| 5/14/2026 | Listed for sale | $525,000+19.3%$160/sqft |
Source: eXp Realty #MC26105349 Report a problem | ||
| 4/12/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 11/11/2023 | Listed for rent | $1,200-52.7% |
Source: Zillow Rentals Report a problem | ||
| 9/11/2023 | Listing removed | $2,535$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/28/2023 | Listed for rent | $2,535$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/17/2023 | Listing removed | -- |
Source: | ||
| 8/17/2023 | Pending sale | $440,000+7.3%$134/sqft |
Source: | ||
| 8/15/2023 | Sold | $410,000-6.8%$125/sqft |
Source: MetroList Services of CA #223053852 Report a problem | ||
| 8/3/2023 | Listed for sale | $440,000$134/sqft |
Source: | ||
| 8/3/2023 | Pending sale | $440,000$134/sqft |
Source: MetroList Services of CA #223053852 Report a problem | ||
| 7/7/2023 | Listed for sale | $440,000$134/sqft |
Source: MetroList Services of CA #223053852 Report a problem | ||
| 6/25/2023 | Pending sale | $440,000$134/sqft |
Source: MetroList Services of CA #223053852 Report a problem | ||
| 6/13/2023 | Listed for sale | $440,000+27.2%$134/sqft |
Source: MetroList Services of CA #223053852 Report a problem | ||
| 6/29/2005 | Sold | $346,000$105/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | -- | $426,564 +2% |
| 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




