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133 W I Street

Los Banos, CA 93635

– beds
– baths
26,400 sqft
~1 acre lot
$219 per sqft
1963 build
– on site

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.

Listing courtesy of METROLIST / RCB Real Estate

Last checked: Checking… • Last updated Jun 2, 2025 •

MLS# 225071372 —

The Building

Year Built:

1963
Year Built Source:

Owner
Construction Materials:

Stucco, Wood
Construction Materials:

#Collection(String)
Building Features:

#Collection(String)
Architectural Style:

#Collection(String)
Development Status:

#Collection(String)
Structure Type:

#Collection(String)
Subtype Description:

#Collection(String)
Roof:

Flat
Roof:

#Collection(String)
Foundation Details:

Other
Foundation Details:

#Collection(String)
Stories Total:

2
Stories:

2
Levels:

#Collection(String)
Upper Level:

#Collection(String)
Main Level:

#Collection(String)
Lower Level:

#Collection(String)
Basement:

#Collection(String)
Exterior Features:

#Collection(String)
Window Features:

Dual Pane Full
Window Features:

#Collection(String)
Patio And Porch Features:

#Collection(String)
Accessibility Features:

#Collection(String)

Interior

Interior Features:

#Collection(String)
Flooring:

Carpet, Vinyl, Varies by Unit, Other
Flooring:

#Collection(String)
Fireplace Features:

#Collection(String)
Laundry Features:

Coin Operated, Washer/Dryer Leased, In Common Area
Laundry Features:

#Collection(String)

Room Dimensions

Living Area:

26400.0
Living Area Source:

Not Verified

Financial & Terms

Lease Type:

Net
Lease Type:

#Collection(String)
Lease Info:

#Collection(String)
Lease Includes:

#Collection(String)
Rent Includes:

#Collection(String)
Tenant Pays:

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

#Collection(String)
Owner Pays:

#Collection(String)
Pets Allowed:

#Collection(String)

Location

Directions:

From HWY 152 turn onto West I Street. Property is on the right.

The Property

Property Type:

Residential Income
Property Subtype:

5 or More Units
Property Condition:

Updated/Remodeled
Property Condition:

#Collection(String)
Parcel Number:

027-072-005
Current Use:

#Collection(String)
Possible Use:

#Collection(String)
Zoning:

R-2
Lot Features:

Curb(s), Landscape Front
Lot Features:

#Collection(String)
Lot Size Acres:

1.3
Lot Size Square Feet:

56628.0
Lot Size Units:

SqFt
Lot Size Source:

Not Verified
Land Lease:

false
View:

#Collection(String)
Vegetation:

#Collection(String)
Irrigation Source:

#Collection(String)
Fencing:

#Collection(String)
Horse:

false
Horse Amenities:

#Collection(String)
Crops:

#Collection(String)
Soil:

#Collection(String)
Land Use:

#Collection(String)
Irrigation Source:

Public District
Frontage Type:

#Collection(String)
Road Surface Type:

#Collection(String)
Road Frontage Type:

#Collection(String)
Road Responsibility:

#Collection(String)
Driveway Sidewalks:

#Collection(String)

Listing Agent

Contact info:

The Listing

Home Warranty:

false

Heating & Cooling

Heating:

Wall Furnace
Heating:

#Collection(String)
Cooling:

Wall Unit(s)
Cooling:

#Collection(String)

Utilities

Utilities:

City, Electric
Utilities:

#Collection(String)
Electric:

220 Volts
Electric:

#Collection(String)
Sewer:

Public Sewer
Sewer:

#Collection(String)
Water Source:

Public
Water Source:

#Collection(String)
Green Energy Efficient:

#Collection(String)

Appliances

Appliances:

Free Standing Refrigerator, Electric Cook Top, Varies By Unit, Free Standing Electric Oven
Appliances:

#Collection(String)

Schools

Elementary School District:

Los Banos Unified
Middle Or Junior School District:

Los Banos Unified
High School District:

Los Banos Unified

The Community

Community Features:

#Collection(String)
Association:

false
Association Amenities:

#Collection(String)
Spa:

false
Spa Features:

#Collection(String)
Pool Private:

false
Pool Features:

#Collection(String)
Senior Community:

false

Parking

Covered Spaces:

32.0
Parking Total:

42.0
Parking Type:

#Collection(String)
Parking Access:

#Collection(String)
Parking Features:

Covered
Parking Features:

#Collection(String)
Open Parking Spaces:

10.0

Extra Units

Unit 1 Type:

#Collection(String)
Unit 1 Full Baths:

1
Unit 1 Bedrooms:

2
Unit 1 Approx SqFt:

825
Unit 2 Type:

#Collection(String)
Unit 3 Type:

#Collection(String)
Unit 4 Type:

#Collection(String)
Other Units:

#Collection(String)

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

Bike Score®

Provided by WalkScore® Inc.

Sale history

Date	Event	Source	Price	% Change
6/2/25 Jun 2, 2025	Listed / Active	METROLIST	$5,795,000

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This multifamily located in Los Banos, CA 93635 is currently for sale for $5,795,000. 133 W I Street is a 26,400 square foot multifamily with – beds and – baths that has been on Estately for 48 days. This multifamily is in the attendance area of Henry Miller Elementary School, Creekside Junior High School, and Los Banos High School.

Listing courtesy of RCB Real Estate

Terms of service, data current as of 6:44pm on Jul 20.

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Copyright 2025 MetroList Services, Inc. Information being provided by Metrolist Services, Inc. is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing

Kevin Boer is Estately's licensed broker in the state of California and Subscriber with Metrolist. Office #01842161; DRE License #01404898.

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