NOT LISTED FOR SALE

218 W K St Los Banos, CA 93635

8 Beds
4 Baths
3,300 Sq Ft
0.29 Acres

Last Sold October 26, 2021

Last sale price $1,050,100 $318 Per Sq Ft

28 Days on Market

About This Home

As of October 2021

Excellent investment opportunity! Here is your chance to own (2) 4-Unit Multi-Family buildings in the heart of Los Banos. All 8 units are very spacious with 825SF each. All units are 2BR/!BA with updated dual-pane windows. Living rooms, hallways and bedrooms have nice carpet (varies by unit). Kitchens have nice updated cabinets, granite countertops, sinks, and appliances (updates vary by unit). Bathrooms feature tub/shower combos with updated vanity cabinets/sinks, and tile floors (varies by unit). 2 separate buildings with 4 units each. All 8 units feature newer central heat/air systems. All electric units with 8 separate electric meters. 1 open parking area and 7 car covered carport with adjacent community laundry room. Front 4-plex is 3,300 SF with (4) 2BR/1BA units; 825 SF each. Rear 4-plex is 3,300 SF with (4) 2BR/1BA units; 825 SF each -- 6,600 SF, 16BR/8BA total.

Last Agent to Sell the Property

Chris MacDonald

Keller Williams Property Team Turlock License #01945870 Listed on: 03/26/2021

Keller Williams Property Team Turlock

Last Buyer's Agent

Mahyar Nooraei

Luxe Realty Group License #01943121

Property Details

Home Type

  • Apartment

Lot Details

  • 0.29

Utilities

  • Separate Meters

Property Details

Home Type

Apartment

Lot Details

0

Listing Details

  • Property Type: ResidentialIncome
  • Subtype Description: Apartments
  • Property Sub Type: Quadruplex
  • Number of Two Bedroom Units: 8
  • Architectural Style: Contemporary
  • CapRate: 6.61
  • Directions: From E. Pacheco Blvd. (Hwy. 152) >>> North on Nevada Ave. >>> West on K St. >>> Property will be on your right side.
  • Efficiency: Windows
  • Professional Management Expense: 4200
  • Building Stories: 2
  • Subdivision Name: Miller & Lux
  • Year Built Details: Unknown
  • Special Features: None
  • Stories: 2

Interior Features

  • Appliances: Electric Water Heater, Free Standing Electric Range
  • Flooring: Carpet, Tile, Varies by Unit
  • Number Of Buildings: 2
  • Other Equipment: Low-Flow Toilet(s), Low-Flow Shower(s)
  • Stories: 2
  • Window Features: Dual Pane Full, Solar Screens

Exterior Features

  • Roof: Flat
  • Foundation Details: Slab
  • Property Condition: Updated/Remodeled, Varies by Unit
  • Construction Type: Stucco, Frame, Wood, Wood Siding
  • Disclosures: CC&Rs, Manager Occupies 1 Unit
  • Waterfront Elevation: 118
  • Lot Features: Curbs/Gutters, Sidewalk
  • Patio And Porch Features: Varies by Unit

Garage/Parking

  • Parking Features: Off Street, Carport, Covered
  • Carport Spaces: 7
  • Covered Parking Spaces: 7
  • Open Parking Spaces: 1
  • Total Parking Spaces: 8

Utilities

  • Cooling: Central, Individual
  • Heating: Central, Electric
  • Utilities Expenses: 10116
  • Separate Meters: Electricity
  • Electric: 220 Volts
  • Laundry Features: Coin Operated, In Common Area
  • Security: Carbon Mon Detector, Smoke Detector
  • Sewer: Public Sewer
  • Utilities: All Electric, Cable Available, DSL Available, Internet Available
  • Water Source: Public

Condo/Co-op/Association

  • Association: No

Schools

  • Junior High Dist: Los Banos Unified

Lot Info

  • Lot Size Sq Ft: 12898
  • Zoning Description: R-2

Rental Info

  • Owner Occupied Units: 8
  • Total # Leasable: 8
  • Tenant Pays: Cable TV, Electricity

Tax Info

  • Bonds/Assessments/Taxes: Unknown
  • Tax Annual Amount: 1738

Multi Family

  • Two Bedrooms Occupied: 8
  • Annual Gross Income: 79200
  • Income Includes: Rent Only
  • Insurance Expense: 2549
  • Maintenance Expense: 1000
  • Number of Month to Month Units: 8
  • Number Of Units Total: 8
  • Number Of Units Furnished: None

MLS Schools

  • School District (County): Merced

Range of Values:

Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/26/2021 10/26/21 Sold $1,050,100 0.0% $318 / Sq Ft
10/23/2021 10/23/21 Off Market $1,050,100 -- --
09/27/2021 09/27/21 Off Market $1,050,100 -- --
04/23/2021 04/23/21 Pending -- -- --
03/26/2021 03/26/21 For Sale $970,000 -- $294 / Sq Ft
Source: MetroList

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Chris MacDonald

    Seller's Agent in 2021

    Chris MacDonald

    Keller Williams Property Team Turlock

    (209) 410-9650

    7 in this area

    59 Total Sales

    Chris MacDonald
    Section Image
  • Mahyar Nooraei

    Buyer's Agent in 2021

    Mahyar Nooraei

    Luxe Realty Group

    (925) 864-5432

    1 in this area

    78 Total Sales

    Mahyar Nooraei
    Section Image
See All Agents

Map

Source: MetroList

MLS Number: 221025606

MetroList

APN: 027-081-037

California Merced County Los Banos 93635

218 W K St, Los Banos, CA

This home is located at 218 W K St, Los Banos, CA 93635 since 26 March 2021. 218 W K St is a home located in Merced County with nearby schools including Henry Miller Elementary School, Creekside Junior High School, and Los Banos High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

MetroList IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes