Eco Friendly
1548 Canal Farm Ln Los Banos, CA
$ 9,950,000
Property Attributes
  • MLS#221000053
  • TypeIncome
  • CountyMERCED
  • CityLos Banos
  • Area20411
  • Zip93635
  • Style
  • Price$ 9,950,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Lot Size2.6 Acres
Listing Provided Courtesy Of:
Colton Toste CalBRE# - 01993261 with KPD Real Estate & Advisory Services, Inc.
Data Source:
California Metrolist Inc
Property Description

Canal Garden Flats is an exceptional investment opportunity. Cash flowing day 1. Poised to capitalize on the fleeing of urban areas. Desirable bedroom community increasingly popular for employers and residents connected to the Silicon Valley. The property showcases functional two-bedroom floor plans with efficient layouts. The lush, and spacious garden landscape, swimming pool, and courtyard add to the community's appeal. The property has undergone extensive renovations recently. The units now showcase granite countertops, energy efficient appliances, vinyl plank flooring, updated LED lighting package, and private patios. Each unit also has an assigned covered parking space included. Last two years, all fourteen buildings have had a re-stucco, fresh paint, full roof replacement, as well as brand new HVAC systems installed. Perimeter fencing has been completely replaced and a brand-new gated entry put in. Contact Listing Agent for Offering Memorandum.

Price History
2/1/2021 Listed $11,900,000
3/9/2021 17% - $9,950,000

General Features

Appliances Built-In Gas Oven, Built-In Gas Range, Microwave
Association Y/N No
Carport Spaces 56
Construction Materials Stucco
Cooling Central
Electric 220 Volts
Elementary School District Los Banos Unified
Exterior Features Swimming Pool
Flooring Vinyl
Heating Central
High School District Los Banos Unified
Lease Term 12 Months
MLS Area 20411
Open Parking Spaces 18
Parking Features Covered, Uncovered
Patio/Porch Features Balcony/Deck, Enclosed Patio
Property SubType 5 or More Units
Property Type Residential Income
PropertyCondition Updated/Remodeled
Roof Composition
School District (county) Merced
Sewer Public Sewer
Status Active
Subtype Description Flats, Garden Apartments
Total Units 56
Zoning Description R-3

Interior Features

Floors 2
Furnished Units None
Laundry Features In Common Area, Other
Total Stories 2
Unit 1 Approx Sqft 700
Unit 1 Bedrooms 2
Unit 1 Full Baths 1
Unit 1 Rent 1500
Unit 1 Sqft Source Owner
Unit 1 Type Apartment
Unit 2 Bedroom Units Total 56

Exterior Features

Covered Spaces 56
Foundation Details Slab
Lot Features Garden
Lot Size Acres 2.6000
Lot Size Source Not Verified
Lot Size Square Feet 113256
Number of Buildings 14
Total Parking 74
Water Source Public


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

Property vs Zip Code Average in 93635

AVG $4.98M
AVG 73
Year Built
AVG 1960
AVG 58
Data Provided by Walkscore ® not using MLS data

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