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$5,795,000
4 Days On Site

233 W I Street
Los Banos, CA 93635

For Sale|Multi Family|Active
2
Beds
1
Total Bath
1
Full Bath
825
SqFt
$7,024
/SqFt
1963
Built
County:
Merced
Call Now: 916-476-5696
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916-476-5696
233 W I Street233 W I Street233 W I Street233 W I Street
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Mortgage Calculator

Monthly Payment (Est.)

$26,439
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THIS PROPERTY IS BEING SOLD TOGETHER WITH 133 W I Street, Los Banos (APN# 027-072-005). First Commercial is excited to present Las Palmas Apartments, a well-established 32-unit complex nestled in the burgeoning agricultural community of Los Banos, California. This property boasts a desirable mix of spacious two-bedroom units spread across eight buildings, situated on over an acre of land across two parcels. Recently, the property has undergone extensive renovations, enhancing both its structural integrity and aesthetic appeal. Significant improvements include comprehensive dry rot repairs, new roof, and stucco enhancements across all buildings. Structural upgrades to decks and roof overhangs have been completed, adhering to engineers' recommendations. Modern wrought railings have been installed to meet current safety codes, alongside upgraded security measures, including monitoring cameras and high-efficiency exterior LED lighting. Additional updates encompass extensive roof repairs on all carports, fresh paint for all structures, and the conversion of a storage unit into a fully functional, conditioned office with a bathroom, ensuring a welcoming environment for residents and management alike.

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Listing Snapshot
Price 
$5,795,000
Days On Site 
4 Days
Bedrooms 
2
Inside Area (SqFt) 
825 sqft
Total Baths 
1
Full Baths 
1
Partial Baths 
N/A
Lot Size 
1.3 Acres
Year Built 
1963
MLS® Number 
225071403
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days agoListing updated with changes from the MLS®
5 days agoListing first seen on site
General Features
Acres 
1.3
Cross Street 
Nevada Ave
Foundation 
Other
Number Of Stories 
2
Parking 
Covered
Parking Spaces 
42
Property Sub Type 
Multi Family
Sewer 
Public Sewer
Water Source 
Public
Zoning 
R-2
Interior Features
Appliances 
Free-Standing RefrigeratorElectric CooktopFree-Standing Electric Oven
Cooling 
Wall Unit(s)
Electric 
220 Volts
Flooring 
CarpetVinylOther
Heating 
Wall Furnace
Laundry Features 
Common Area
Window Features 
Double Pane Windows
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Exterior Features
Construction Details 
Wood SidingStucco
Roof 
Flat
Windows/Doors 
Double Pane Windows
Community Features
Financing Terms Available 
Conventional
MLS Area 
20411
School District 
Merced
Schools
School District
Merced
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of RCB Real Estate



All measurements and all calculations of the area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify the accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Data maintained by MetroList® may not reflect all real estate activity in the market. All real estate content on this site is subject to the Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination. Terms of Use
Last checked 2025-06-07 06:24 AM PDT

Neighborhood & Commute
Source: Walkscore
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