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    Los Banos, CA Apartment Buildings for Sale

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    R-2 Apartment Building
    Updated: Jul 17
    R-2 Apartment Building

    133 W I Street, Los Banos, CA 93635

    $2,700,000
    825 sqft
    R‑2 zoning supports the property’s apartment‑building classification
    Built in 1963
    Wall units and wall furnace
    Free‑standing refrigerator, electric cooktop, and free‑standing electric oven
    Covered exterior feature
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    Renovated 16-Unit Apartment Complex
    Updated: Dec 2, 2025
    Renovated 16-Unit Apartment Complex

    233 W I St, Los Banos, CA 93635

    $2,700,000
    13,200 sqft 0.50 AC lot
    16‑unit apartment complex with a mix of two‑bedroom units
    Four buildings totaling 13,200 square feet on approximately half an acre
    Extensive dry rot repairs, stucco work, and a new roof
    Deck and roof‑overhang upgrades completed following engineer recommendations
    Monitoring cameras, exterior LED lighting, and code‑compliant wrought‑iron railings
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    10-Unit Apartment Building
    10-Unit Apartment Building

    Los Banos, CA 93635

    $715,000

    Fully occupied multifamily property with a mix of one- and two-bedroom apartments.

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    See what stands out in Merced County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 3 Active listings in Los Banos, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    7-Unit Apartment Building
    7-Unit Apartment Building

    1873 Grove Ave, Atwater, CA 95301

    $995,000
    4,642 sqft 0.33 AC lot

    The unit mix comprises three two-bedroom/one-bath apartments and four one-bedroom/one-bath apartments.

    View details
    19-Unit Apartment Building
    19-Unit Apartment Building

    2691 Olive Ave, Atwater, CA 95301

    $2,200,000

    Single-story residences offer enclosed patios, attached garages, and in-unit washer and dryer hookups.

    View details
    Apartment Building with Secured Parking
    Apartment Building with Secured Parking

    149 w 11th st,, ca, Merced, CA 95341

    Contact for pricing

    Updated multifamily property with on-site laundry, controlled entry, perimeter fencing, and secured tenant parking.

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    Well-Maintained 5-Unit Apartment Complex
    Well-Maintained 5-Unit Apartment Complex

    1250 I Street, Merced, CA 95341

    $800,000

    Fully occupied apartment complex with recent upgrades, ideal for investors.

    View details

    Los Banos, CA Apartment Buildings Market Trends and Statistics

    Explore 3 apartment buildings for sale in Los Banos, CA, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 14,025 square feet of properties for sale, with an estimated market value of $6,115,000.

    Sale prices for two-family homes in Los Banos, CA start at $715,000, averaging $2,038,333, and reaching up to $2,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Demographics Overview

    Population 49K
    Population Growth (5Y) +20.8%
    Median Household Income $70,666
    College Educated 17.1%

    High-Yield Neighborhoods for Investment

    Identify Los Banos submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    93635 $2M

    Taxes & Financing

    Tax Rate (average for all types) 1.11%
    Property Tax per SF $21.81 per SF
    Tax Rate vs County Average 0.10 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Merced County

    New Delisted

    Total CRE Inventory on Market (SF)

    Average Property Price per SF

    For-sale pricing trends across core commercial property types in Merced County

    Retail

    Property Size Breakdown

    The majority of commercial real estate listings in Los Banos fall within the 10,000 to 25,000 square foot range.

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