218 W K ST #220 Active 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 6,600 sqft
Price per Sqft $242
MLS Listing ID 224103439
Bedrooms 2222
HOA Y/N No
Lot Size 0.296 Acres
Property Description
Great investment opportunity! Rent values are on the rise in Los Banos! Right in the heart of Los Banos is an excellent investment opportunity!! 2 buildings with 4-units in each, totaling 6,600 sq.ft.. Updates vary by unit with 825 ft. each - 2 BR/1 BA. 3 units recently remodeled!! Upgrades include dual pane windows, new carpet, recently painted, updated cabinets, granite countertops, updated vanity cabinet/sinks and tile floors. All eight units feature central heat/air systems. Units are on separate electric meters. Shared coin laundry. All units are currently rented on a month-to-month basis. **Additional BIG OPPORTUNITY** - Seller has obtained permitting for a 2 unit 1bd/1bth 1040 sqft ADU. The permits, designs and all licensing has been paid by the owner --a $20,000 savings in cost to buyer. RFP have been sent out for construction proposals and there are interested builders ready to start.
Location
State CA
County Merced
Area 20411
Zoning R2
Interior
Heating Electric,Central
Cooling Central
Flooring Varies by Unit,Tile,Carpet
Exterior
Garage Street,Carport
Garage Spaces 3.0
Utilities Available Internet Available,Electric,DSL Available,Cable Available
Roof Type Flat
Building
Foundation Slab
Sewer Public Sewer
Water Public
Architectural Style Contemporary
Schools
School District Los Banos Unified,Los Banos Unified,Los Banos Unified
Others
Special Listing Condition Offer As Is