133 W I ST new Save Request In-Person Tour Request Virtual Tour
Los Banos,CA 93635
Key Details
Property Type Multi-Family
Sub Type 5 or More Units
Listing Status Active
Purchase Type For Sale
Square Footage 26,400 sqft
Price per Sqft $219
MLS Listing ID 225071372
Year Built 1963
Lot Size 1.300 Acres
Property Sub-Type 5 or More Units
Property Description
THIS PROPERTY IS BEING SOLD TOGETHER WITH 233 W I Street, Los Banos (APN# 027-072-003). 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.
Location
State CA
County Merced
Area 20411
Interior
Heating Wall Furnace
Cooling Wall Unit(s)
Flooring Carpet,Vinyl,Varies by Unit,Other
Laundry Coin Operated,Washer/Dryer Leased,In Common Area
Exterior
Parking Features Covered
Utilities Available City,Electric
Roof Type Flat
Building
Lot Description Curb(s),Landscape Front
Story 2
Foundation Other
Sewer Public Sewer
Water Public
Schools
Elementary Schools Los Banos Unified
Middle Schools Los Banos Unified
High Schools Los Banos Unified
School District Merced
Others
Special Listing Condition None