$2,700,000
PENDING

133 W I St Los Banos, CA 93635

Total Views 9,772
32 Beds
1 Bath
13,200 Sq Ft
$205 Price per Sq Ft

Highlights

  • 0.58 Acre Lot
  • Double Pane Windows
  • Coin Laundry
  • No HOA
  • Landscaped
  • Carpet

About This Home

First Commercial is excited to present the Las Palmas at 133, a well-established 16-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 four buildings, situated on approximately half an acre of land. 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 and fresh paint for all structures.

Listing Agent

Colton Toste

RCB Real Estate License #01993261 Listed on: 01/28/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963 | Remodeled

Lot Details

  • 25,279 Sq Ft Lot
  • Landscaped

Home Design

  • Flat Roof Shape
  • Stucco

Interior Spaces

  • 13,200 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Leased Washer and Dryer

Kitchen

  • Free-Standing Electric Oven
  • Electric Cooktop

Flooring

  • Carpet
  • Vinyl

Parking

  • 5 Open Parking Spaces
  • 21 Parking Spaces
  • 16 Covered Spaces
  • Covered Parking

Utilities

  • Cooling System Mounted In Outer Wall Opening
  • Wall Furnace
  • Separate Meters
  • 220 Volts

Listing and Financial Details

  • Assessor Parcel Number 027-072-005

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 16 Units

Additional Features

  • Coin Laundry
  • 16 Leased Units

Property Details

Home Type

Multi-Family

Year Built

Built in 1963 | Remodeled

Lot Details

0.58 Acres

Listing Details

  • Property Type: Residential Income
  • Subtype Description: Apartments
  • Property Subtype 1: 5 or More Units
  • Stories: 2
  • Year Built: 1963
  • Stories: 2
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Free Standing Refrigerator, Electric Cook Top, Varies By Unit, Free Standing Electric Oven
  • Flooring: Carpet, Vinyl, Varies by Unit, Other
  • Price Per Square Foot: 204.55
  • Square Footage: 13200.00
  • Window Features: Dual Pane Full

Exterior Features

  • Construction Materials: Stucco, Wood
  • Foundation: Other
  • Home Warranty: No
  • Horse Property: No
  • Listing Price: 2700000.00
  • Lot Features: Curb(s), Landscape Front
  • New Construction: No
  • Pool: No
  • Property Condition: Updated/Remodeled
  • Roof: Flat
  • Spa: No

Garage/Parking

  • Open Parking Spaces: 5.00
  • Covered Parking Spaces: 16.00
  • Parking Features: Covered
  • Total Parking Spaces: 21.00

Utilities

  • Security: Other
  • Sewer: Public Sewer
  • Utilities: City, Electric
  • Cooling: Wall Unit(s)
  • Electric: 220 Volts
  • Heating: Wall Furnace
  • Laundry Features: Coin Operated, Washer/Dryer Leased, In Common Area
  • Water Source: Public
  • Separate Meters: Electricity

Condo/Co-op/Association

  • Association: No
  • Senior Community: No

Fee Information

  • Land Lease: No

Schools

  • Senior High School District: Los Banos Unified

Lot Info

  • Zoning: R-2
  • Irrigation: Public District
  • Lot Size Acres: 0.5803
  • Lot Size Sq Ft: 25279.00

Rental Info

  • Tenant Pays: Rent Only, Sewer, Trash Collection, Water

Multi Family

  • Income Includes: ["Rent Only","Laundry"]
  • Number of Leased Units: 16
  • Number of Units: 16

Tax Info

  • Assessor Parcel Number: 027-072-005
  • Bonds/Assessments/Taxes: Unknown

MLS Schools

  • School District (County): Merced

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $20,698 $1,878,454 $278,876 $1,599,578
2024 $20,698 $1,841,814 $273,408 $1,568,406
2023 $19,545 $1,805,576 $268,048 $1,537,528
2022 $19,272 $1,770,205 $262,793 $1,507,412
2021 $19,092 $1,735,528 $257,641 $1,477,887
2020 $18,897 $1,717,750 $255,000 $1,462,750
2019 $7,051 $639,244 $45,937 $593,307
2018 $6,848 $626,742 $45,037 $581,705
2017 $6,768 $614,485 $44,154 $570,331
2016 $6,847 $602,469 $43,289 $559,180
2015 $6,704 $593,444 $42,639 $550,805
2014 $6,522 $581,851 $41,804 $540,047
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
03/16/2026 03/16/26 Pending -- -- --
01/28/2026 01/28/26 For Sale $2,700,000 0.0% $205 / Sq Ft
10/04/2025 10/04/25 Off Market $1,495 -- --
09/29/2025 09/29/25 Price Changed $1,495 0.0% $2 / Sq Ft
09/29/2025 09/29/25 For Rent $1,495 -3.5% --
09/10/2025 09/10/25 Off Market $1,550 -- --
08/29/2025 08/29/25 Price Changed $1,550 -2.8% $2 / Sq Ft
08/28/2025 08/28/25 Price Changed $1,595 +4.6% $2 / Sq Ft
08/18/2025 08/18/25 Price Changed $1,525 -4.4% $2 / Sq Ft
07/28/2025 07/28/25 Price Changed $1,595 +2.9% $2 / Sq Ft
07/21/2025 07/21/25 Price Changed $1,550 -2.8% $2 / Sq Ft
06/28/2025 06/28/25 Price Changed $1,595 +6.7% $2 / Sq Ft
06/07/2025 06/07/25 Price Changed $1,495 -3.5% $2 / Sq Ft
06/04/2025 06/04/25 Price Changed $1,550 -2.8% $2 / Sq Ft
05/30/2025 05/30/25 Price Changed $1,595 +2.9% $2 / Sq Ft
05/28/2025 05/28/25 Price Changed $1,550 +1.6% $2 / Sq Ft
05/13/2025 05/13/25 Price Changed $1,525 -4.4% $2 / Sq Ft
05/07/2025 05/07/25 Price Changed $1,595 0.0% $2 / Sq Ft
05/07/2025 05/07/25 For Rent $1,595 +2.9% --
03/31/2025 03/31/25 Off Market $1,550 -- --
03/21/2025 03/21/25 Price Changed $1,550 0.0% $2 / Sq Ft
03/21/2025 03/21/25 For Rent $1,550 -2.8% --
11/04/2024 11/04/24 Off Market $1,595 -- --
09/18/2024 09/18/24 For Rent $1,595 0.0% --
04/03/2024 04/03/24 Price Changed $1,595 +6.7% $2 / Sq Ft
12/09/2023 12/09/23 Price Changed $1,495 +7.2% $2 / Sq Ft
09/01/2023 09/01/23 Price Changed $1,395 -6.7% $2 / Sq Ft
08/08/2023 08/08/23 Price Changed $1,495 +7.2% $2 / Sq Ft
08/03/2023 08/03/23 Price Changed $1,395 -6.7% $2 / Sq Ft
07/26/2023 07/26/23 Price Changed $1,495 +7.2% $2 / Sq Ft
07/20/2023 07/20/23 Price Changed $1,395 -6.7% $2 / Sq Ft
06/21/2023 06/21/23 For Rent $1,495 0.0% --
06/15/2023 06/15/23 For Rent $1,495 0.0% --
05/20/2023 05/20/23 Price Changed $1,495 0.0% $2 / Sq Ft
02/02/2023 02/02/23 For Rent $1,495 0.0% --
04/11/2019 04/11/19 Sold $3,400,000 -4.8% $1,030 / Sq Ft View Prior Sale
02/04/2019 02/04/19 Pending -- -- --
01/22/2019 01/22/19 For Sale $3,570,000 -- $1,082 / Sq Ft
Source: MetroList

Source: MetroList

MLS Number: 226010194

MetroList

APN: 027-072-005

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