Multifamily

Los Banos, CA Multifamily Properties 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: Nov 3, 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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Two Homes on One Lot
Two Homes on One Lot

1022 4th, Los Banos, CA 93635

$510,000
2,015 sqft

Two homes on a single lot with income potential.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
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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Remodeled Duplex With Separate ADU
Remodeled Duplex With Separate ADU

Los Banos, CA 93635

$360,000

R-2 property with an updated primary residence and a detached accessory dwelling unit on a spacious lot.

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Based on your search, we've compiled 15 Potential Opportunities for your consideration. Besides 5 Active listings in Los Banos, CA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 6 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

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

Three-Home Multifamily Property
Three-Home Multifamily Property

6176 Fleming Road, Atwater, CA 95301

$750,000
1,628 sqft 0.77 AC lot

Three separate residences offer flexible multifamily use with private driveways and extensive enclosed grounds.

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Updated Senior Mobile Home
Updated Senior Mobile Home

1400 Meredith Avenue, 81, Gustine, CA 95322

$64,999
840 sqft

Updated residence with covered parking in a 55-and-older community featuring a pool and clubhouse.

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Two-Bedroom Mobile Home in Senior Community
Two-Bedroom Mobile Home in Senior Community

30-1400 Meredith Ave, Gustine, CA 95322

$54,500
1,000 sqft

Two-bedroom, two-bath mobile home with newer central heat and air, plus washer and dryer and community clubhouse and pool.

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Fenced Equestrian Property with Two Homes
Fenced Equestrian Property with Two Homes

3555 Steinberg Road, Atwater, CA 95301

$722,000

Fenced equestrian property with two residences, horse stalls, a round pen, cattle chutes, and private wells.

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Off-Market Properties in Los Banos, CA

Consider similar Off-Market properties in Los Banos, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

564 C St
MOBILE HOME PARK, TRAILER PARK

564 C St, Los Banos, CA 93635-3637

Estimated value:
$1,570,000
2.20 AC lot
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Los Banos, CA 93635
MOBILE HOME PARK, TRAILER PARK

Los Banos, CA 93635

Estimated value:
$385,000
13.30 AC lot
View details
1529 Tanner Rd
MOBILE HOME PARK, TRAILER PARK

1529 Tanner Rd, Los Banos, CA 93635-4933

Estimated value:
$305,000
1.70 AC lot
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1439 Tanner Rd
MOBILE HOME PARK, TRAILER PARK

1439 Tanner Rd, Los Banos, CA 93635-4914

Estimated value:
$280,000
1,344 sqft 1.30 AC lot
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436 Mercey Spgs Rd
MOBILE HOME PARK, TRAILER PARK

436 Mercey Spgs Rd, Los Banos, CA 93635-3053

Estimated value:
$515,000
15.78 AC lot
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Los Banos, CA 93635
MOBILE HOME PARK, TRAILER PARK

Los Banos, CA 93635

Estimated value:
$305,000
View details

Los Banos, CA Multifamily Properties Market Trends and Statistics

Explore 11 multifamily properties for sale in Los Banos, CA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 16,040 square feet of properties for sale, with an estimated market value of $6,985,000.

Sale prices for multifamily properties in Los Banos, CA start at $360,000, averaging $1,397,000, 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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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Apartment buildings 4
Duplexes 2

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 $1.4M

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)

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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