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$2,700,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 1 day ago
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First Commercial is excited to present the Las Palmas at 133, a well-established 16-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 four buildings, situated on approximately half an acre of land. 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 and fresh paint for all structures.

Full Property Details for 133 W I St

General

  • Price: $2,700,000
  • Status: Active
  • Type: Multi-Family
  • Source: METROLIST_Cali
  • MLS ID: 226010194
  • Updated: 1/28/2026
  • Added to Site: 2 day(s) ago

Rental Information

  • Lease/Rent Term: Varies By Unit

Interior

  • Appliances: Free Standing Refrigerator, Electric Cook Top, Varies By Unit, Free Standing Electric Oven
  • Flooring: Carpet, Vinyl, Varies by Unit, Other

Rooms

Other Rooms

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

Parking

  • Total Spaces: 21
  • Parking: Covered

Location

  • Area: 20411
  • County: Merced
  • Cross Streets: Nevada Ave
  • Driving Directions: From HWY 152 turn onto West I Street. Property is on the right.

School Information

  • School District: Merced
  • Elem School District: Los Banos Unified
  • Midd School District: Los Banos Unified
  • High School District: Los Banos Unified

Heating & Cooling

  • Cooling Type: Wall Unit(s)
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • Utility Description: City, Electric

Structural Information

  • Construction Status: Updated/Remodeled
  • Construction: Stucco, Wood
  • Foundation: Other
  • Roof: Flat
  • Windows: Dual Pane Full
  • Stories/Levels: 2
  • Square Feet: 13,200
  • Sq. Ft. Source: Not Verified
  • Year Built: 1963

Unit Information

Unit 1

  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 0.5803
  • Lot Size (Sq. Ft.): 25,279
  • Irrigation System: Public District
  • Zoning: R-2
  • Lot Description: Curb(s), Landscape Front

Financial Considerations

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

Disclosures and Reports

  • Special Conditions: None
  • APN: 027-072-005

Listed by RCB Real Estate

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Listing agent

— 133 W I St —

  • RCB Real Estate

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 133 W I St

School District:Los Banos Unified School District
NameGradesDistance
Henry Miller Elementary School
545 L Street, Los Banos, CA 93635
K-60.4 mi
Creekside Junior High
1401 Prairie Springs Drive, Los Banos, CA 93635
7-81.4 mi
Los Banos High School
1966 South 11th Street, Los Banos, CA 93635
9-121.1 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 133 W I St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/28/2026
Listed
$2,700,000
-20.59%
MLS
4/05/2019
Sold
$3,400,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 133 W I St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$20,435
-1%
$1,878,454
2%
2024
$20,698
6%
$1,841,814
2%
2023
$19,545
1%
$1,805,576
2%
2022
$19,272
1%
$1,770,205
2%
2021
$19,092
1%
$1,735,528
1%
2020
$18,897
168%
$1,717,750
169%
2019
$7,051
3%
$637,644
2%
2018
$6,848
1%
$625,142
2%
2017
$6,768
-1%
$612,885
2%
2016
$6,847
2%
$600,869
2%
2015
$6,704
3%
$591,844
2%
2014
$6,522
1%
$580,251
—
2013
$6,448
—
$579,230
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by RCB Real Estate

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133 W I Street, Los Banos, CA 93635 (MLS# 226010194) is a Multi-Family property with 16 units containing 0 bedrooms and 0 full bathrooms. 133 W I Street is currently listed for $2,700,000 and was received on January 28, 2026. Want to learn more about 133 W I Street? Do you have questions about finding other Multi-Family real estate for sale in Los Banos? You can browse all Los Banos real estate or contact a Coldwell Banker agent to request more information.

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