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488 E Childs Ave, Merced, CA, 95341

2beds
1baths
894sqft
$479,000
$536price/sqft
$3,395/moest. monthly cost
$135,800/yrincome needed

About This Home

Come and see this R2 property with almost one acre lot with super low price $479k. this is an excellent oportunity to find.Why pay rent when you can buy.In the future you can build a second home and make more cash flow.Super excellent for retirement.A big lot rare to find at this low price.Close to shopping stores and eazy to commute.You can even ask the county if possible a third property available to build.Bring all the tools and start building a second property.With a bonus studio or ADU.Even the city say it has 2 and one bathroom but property has 3 bedrooms and 2 full bathrooms. Everything has been remodeled.This property even it only has one unit.It could have tow units.This is a duplex zone.One Property rented for $1800 per month and the other property is vacant.

Getting Around

32
WalkingCar-Dependent
0
TransitVery Limited Transit
37
BikeSomewhat Bikeable

Schools

3/10
5/10
4/10
Golden Valley High SchoolGrades 9-121.2 mi

Construction

Condition

  • Year built: 1930

Materials

  • Foundation: Permanent
  • Roof: Composition

Type & Style

  • Home type: SingleFamily
  • Property subType: Single Family Residence,Residential

Interior

Bedrooms & Bathrooms

  • Bedrooms: 2
  • Bathrooms: 1
  • Full bathrooms: 1

Dining Room

  • Features: BreakfastNook

Family Room

  • Features: KitchenFamilyRoomCombo

Heating & Cooling

  • Heating features: Propane Stove
  • Cooling features: Central Air

Interior Area

  • Total structure area: 894
  • Total interior livable area: 894 sqft

Property

Details

  • Parcel number: 259050007000
  • Attached to another structure: Yes
  • Zoning: R-2
  • Special condition: Standard

Features

  • Stories: 1

Lot

  • Lot size: 0.94 Acres

Parking

  • Parking features: Drive Through,No Garage,Parking Area

Climate Risk is Financial Risk

Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.

Biggest Threats for This Home

  • Drought
    DroughtModerate
  • Earthquake
    EarthquakeModerate
  • Heat Wave
    Heat WaveModerate
  • Inland Flooding
    Inland FloodingModerate

How This Home’s Risks Compare

Drought
Earthquake
Heat Wave
Inland Flooding

FEMA Declared Disasters in Merced County and California

Earthquake
Flood
Mud Landslide
Severe Ice Storm
Severe Storm
Snowstorm
Straight Line Winds
Tropical Storm
Winter Storm

Understanding the Costs

Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.

Estimated Costs Today

MonthlyAnnual
Mortgage $2,422$29,064
Home Insurance *$119$1,428
Property Taxes $456$5,472
Electricity $398$4,786
Total$3,395$40,740
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$116,400/yr
40% on housing$101,850/yr
45% on housing$90,533/yr

California FAIR Plan Programs

California FAIR Plan Association

Covered
WildfireWildfire
Visit Website →
Current Policies
Residential: 417,310Commercial: 13,990
Total Premiums$1.42B
Total Exposure$429.84B

How Costs Could Change Over Time

Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.

Insurance Growth Rate5-year average: 6.9%
6.9%
0%30.0%
Electricity Growth Rate10-year average: 4.3%
4.3%
0%15.0%
Property Taxes Growth Rate2-year average: 2.7%
2.7%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$536This listing

vs Other Active Listings

Avg $/sqft

ZIP 95341$199
Merced County$326

vs Homes Sold Last Month

Median $/sqft

ZIP 95341$256
Merced County$264

Current Market Trends

Median Price Per Square Foot

The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.

Historicals for This Listing

Zestimate History ($/sqft)

Price History

DateEventPrice
2026-08-06Price change$478,000
2026-07-15Listed for sale$479,000
2025-03-11Sold$280,000

For Sale by Agent

AgentAngel Villegas
BrokerageElite Realty Services

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