233 W I St Los Banos, CA
$ 6,500,000
Property Attributes
  • MLS#221018129
  • TypeIncome
  • CountyMERCED
  • CityLos Banos
  • Area20411
  • Zip93635
  • Style
  • Price$ 6,500,000
  • Bedrooms2
  • Full Bathrooms1
  • Half Bathrooms0
  • Lot Size1.3 Acres
Listing Provided Courtesy Of:
Colton Toste CalBRE# - 01993261 with KPD Real Estate & Advisory Services, Inc.
Data Source:
California Metrolist Inc
Property Description

Listing Includes APN# 027-072-005 First Commercial is pleased to present the Valley Oaks Apartments, a 32 unit apartment complex located in the growing agricultural community of Los Banos, California. The property enjoys a desirable unit mix consisting of all large two bedroom units across eight buildings. The property is situated on two separate parcels that total over an acre. The majority of the units have been renovated including new flooring, new countertops, paint, and dual pane windows. The property is located within walking distance to Sutter Memorial Los Banos Hospital, one of the largest and most high paying employers in the area. The property is also within short driving distance to all major retail and area schools. Los Banos has experienced substantial growth spilling over from the Bay Area and is ideally located to benefit from the accelerated suburban growth trend.

Price History
3/12/2021 Listed $6,500,000

General Features

Association Y/N No
Construction Materials Stucco, Wood
Cooling Wall Unit(s)
Electric 220 Volts
Elementary School District Los Banos Unified
Flooring Carpet, Vinyl, Other
Heating Wall Furnace
High School District Los Banos Unified
MLS Area 20411
Open Parking Spaces 10
Parking Features Off Street, Covered, Street
Property SubType 5 or More Units
Property Type Residential Income
PropertyCondition Updated/Remodeled
Roof Flat
School District (county) Merced
Sewer Public Sewer
Status Active
Subtype Description Apartments
Total Units 32
Zoning Description R2

Interior Features

Floors 2
Laundry Features Coin Operated
Total Stories 2
Unit 1 # Of Rooms 5
Unit 1 Approx Sqft 825
Unit 1 Bedrooms 2
Unit 1 Full Baths 1
Unit 1 Rent 1350
Unit 1 Sqft Source Owner
Unit 1 Type Apartment
Unit 2 Bedroom Units Total 32
Window Features Dual Pane Full

Exterior Features

Covered Spaces 32
Foundation Details Other
Lot Features Curb(s), Landscape Front
Lot Size Acres 1.3000
Lot Size Source Not Verified
Lot Size Square Feet 56628
Number of Buildings 8
Total Parking 42
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 76
Year Built
AVG 1960

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