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233 W I Street $6,500,000

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    233 W I Street Los Banos, CA 93635

    • 0 Beds
    • 0 Baths
    • Multi-Family
    • MLS# 221018129
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    Views: 52

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    Property Details

    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.

    • General Features
      • Year Built 1963
      • Property Subtype 5 or More Units
      • Property Condition Updated/Remodeled
      • County Merced
      • Association Fee $0
      • Association No
    • Building Features
      • Carport Spaces 0
      • Construction Materials Stucco, Wood
      • Num Commercial Units 0
      • Number of Buildings 8
      • Independent Parking Spaces 0
      • Number of Floors 2
      • Heating Wall Furnace
      • Garage Spaces 0
      • Flooring Carpet, Other
      • Electric 220 Volts
      • Covered Spaces 32
      • Cooling Wall Unit(s)
      • Parking Features Street
      • Open Parking Spaces 10
      • Number of Studio Units 0
      • Number of Units Total 32
      • Roof Flat
      • Total Parking Spaces 42
      • Stories 2
      • Sewer Public Sewer
      • Number of Guest Spaces 0
      • Tandem Parking Spaces 0
      • Water Source Public
      • Window Features Dual Pane Full
    • Property Features
      • Lot Size Source Not Verified
      • Lot Size Square Feet 56628
      • Lot Size Acres 1.3
    • Schools
      • Senior High School District Los Banos Unified
      • School District County Merced
      • Middle or Junior School District Los Banos Unified
      • Elementary School District Los Banos Unified

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    Neighborhood

    93635 (Los Banos) Demographics

    30 Median Age
    154 Population Density (per sq. mile)
    16% College Educated
    $45,714 Estimated Median Income
    6,081 Estimated Total Home Owners
    5,500 Estimated Total Renters
    53% / 47% Estimated Owner / Renter Divide
    4 Estimated Average Household Size
    39,969 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $0 Median Sales Price
    0 Homes Sold
    59 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $6,500,000
        3/11/2021 9:02:00 PM New in Database Source New Value: $6,500,000

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        **Assumes 3.5% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information.
        Information is provided in part by the IDX program of METROLIST SERVICES, INC. All information provided is deemed reliable but is not guaranteed and should be independently verified. Listing information last updated 4/16/2021 1:02:29 AM. All measurements and all calculations of area are approximate. Information provided by Seller/Other sources, not verified by Broker. All interested persons should independently verify accuracy of information. Provided properties may or may not be listed by the office/agent presenting the information. Terms of Use

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.