3888 Solstice Avenue, Merced, CA 95348 | MLS #226061605 | PMZ Real Estate
 
  • 46 days on site
  • 5 views

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.

Source: MetroList MLS, MLS#: 226061605

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  • Property Type
    Residential
  • Lot
    0.23 acres

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Kimm Kennedy

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  • Median Age
    29
  • Population Density
    721
  • College Educated
    26%
  • Estimated Median Income
    $51,340
  • Estimated Total Home Owners
    4,452
  • Estimated Total Renters
    6,437
  • Owner / Renter Divide
    41% / 59%
  • Estimated Average Household Size
    3
  • Total Population
    34,302
  • Community data courtesy of LiveBy, Inc.

Owning this Home

$
$ %
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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life at 3888 Solstice Avenue


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
6/18/2026Source: CRMLS Price Reduction
$515,000 -1.9%
6/18/2026Source: MetroList MLS Price Reduction
$515,000 -1.9%
5/14/2026Source: MetroList MLS Added to Database
May 14, 2026
5/14/2026Source: CRMLS Added to Database
May 14, 2026
Listing provided courtesy of eXp Realty of California Inc.- MLS# 226061605MLS Provider