555 Wallis Ave, Gustine, CA
$ 990,000
Property Attributes
  • MLS#223006580
  • TypeSingle Family
  • CountyMERCED
  • CityGustine
  • Area20413
  • Zip95322
  • StyleA-Frame
  • Price$ 990,000
  • Bedrooms5
  • Full Bathrooms1
  • Half Bathrooms0
  • Sqr Footage1500
  • Lot Size0.9091 Acres
Data Source:
MetroList MLS
Property Description

5 HOMES PLUS OPEN LOT! RARE MULTI-UNIT OPPORTUNITY. Nearly 1 acre (.91) in Gustine on a great residential shady street. Located in the center of town this property features three 2 bedroom/1 bath homes w/small basements. Two are currently rented at $1000/mo. The third home needs work. The anchor of the property is a large 5 bedroom, 1 bath home with a full basement and loads of opportunities. Across the patio, there is a small studio home. At the opposite end of the property is an open lot along with a large undeveloped area behind the homes. Perfect for investors...immediate income while you plan how to maximize this property's full potential. So many possibilities to discuss! You can add additional rentals, start over and make a a planned unit development, or divide the homes into separate parcels and sell them individually, OR live in one and rent the others to cover the mortgage??? Property is sold as is.

Price History
1/27/2023 Listed $990,000

General Features

Architectural Style A-Frame
Association Y/N No
Basement Full
Carport Spaces 0.00
Census Tract 20.02
City Gustine
Close Price 0.00
Construction Materials Stucco, Wood
Cooling Central
County Merced
Directions Highway33, turn west on West Avenue, at first stop sign, turn left onto Wallis Avenue. Property is two blocks on left.
Electric 220 Volts in Laundry
Elementary School District Gustine Unified
Garage Spaces 4.00
Heating Central
High School District Gustine Unified
Lot Size Square Feet 39600.00
MLS Area 20413
Middle/Junior School District Gustine Unified
Open Parking Spaces 0.00
Pets Allowed Yes
Private Pool No
Property Disclaimer All measurements and calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of inf
Property SubType 3+ Houses on Lot
Property Type Residential
Purchase Type For Sale
Remodeled/Updated No
Roof Composition
School District (county) Merced
Senior Community Y/N No
Sewer Public Sewer
Standard Status Active
Status Active
Stories 1
Street Name Wallis
Subtype Description Custom
Utilities Public, Electric, Natural Gas Available
Year Built 1912
Year Built Source Assessor Auto-Fill
Zoning Description R-3

Interior Features

2nd Unit Approx Sqft 800
2nd Unit Bedrooms 2
2nd Unit Description 2 bed, 1 bath
2nd Unit Full Baths 1
2nd Unit Kitchen Yes
2nd Unit Type Detached
ADU/2nd Unit Yes
Dining Room Features Space in Kitchen
Flooring Carpet, Linoleum, Vinyl, Wood
Full Baths 1
Kitchen Features Butlers Pantry
Laundry Features Other
Living Room Features Other
Livingareasource Assessor Auto-Fill
Main Level Bedroom(s), Living Room, Dining Room, Full Bath(s), Garage, Kitchen, Street Entrance
Roombathsotherfeatures Tub, Window
Street Suffix Avenue
Total Baths 1
Total Bedrooms 5

Exterior Features

Living Area 1500.00
Fencing Chain Link, Wood
Foundation Details Raised
Horse Y/N No
Lot Features See Remarks, Other
Lot Size Acres 0.9091
Lot Size Source Assessor Auto-Fill
Parking Features Detached
Total Parking 0.00
Water Source Well, Public


  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Single Family Average in 95322

AVG $560K
AVG 187
Data Provided by Inside Real Estate®
Year Built
AVG 1951
AVG 61
Data Provided by Walkscore® not using MLS data
Listed By
Elizabeth A. Bair-Treshler CalBRE# - 01972289 with Stephens & Borrelli, Inc.

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