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$1,395,000 -$55,000 (-3.79%) Price Reduced
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Property Description
The Pinza Group is pleased to present 631-633 I St in downtown Los Banos, a renovated multi-unit property with 11 units (7 1bd/1bth, 2 2bd/1bth, and 2 commercial). Updates include new kitchens, remodeled bathrooms, flooring, electrical systems, doors, and windows. The property also features HVAC repairs, security enhancements, and outdoor improvements like resurfaced asphalt and a secure backyard. Conveniently located near Highway 152, shops, and parks, it offers a comfortable living space with modern amenities in a quiet, small-town setting. Tenants currently cover their own gas and electric expenses, reducing operating costs for potential future owners. The only cost the owner needs to cover is water and trash removal. It has a vacant commercial unit that offers strong value-added opportunity and approved ADU plans for two additional units and room for rent to increase cash flow.
Full Property Details
Full Property Details for 631 I St
General
- Price: $1,395,000
- Status: Active
- Type: Commercial Residential Facility
- Source: MAX
- MLS ID: 41118956
- Updated: 4/8/2026
- Added to Site: 121 day(s) ago
Interior
- Flooring: Other
Additional Information
- Equipment: Other
Parking
- Parking Features: Other
Location
- Area: Listing
- County: Merced
- Subdivision: Other
- Driving Directions: Google Maps
Heating & Cooling
- Cooling Type: Other
- Heating Type: Other
Utilities
- Utility Description: Other Water/Sewer
Structural Information
- Exterior Const.: Other
- Roof: Other
- Year Built: 1939
Lot Features
- Lot Size (Acres): 0.17
- Lot Dimensions: 7500
- Lot Features: Other
Financial Considerations
- For Sale: Yes
- Price Per Sq. Ft.: $267
- Terms: Other
Listed by The Pinza Group, Inc, Jay Flores
Get Pre-Approved Today
Schools
Schools serving 631 I St
School District:Los Banos Unified School District
| Name | Grades | Distance |
|---|---|---|
Los Banos Elementary School 1260 7th Street, Los Banos, CA 93635 | K-6 | 0.2 mi |
Creekside Junior High 1401 Prairie Springs Drive, Los Banos, CA 93635 | 7-8 | 1.7 mi |
Los Banos High School 1966 South 11th Street, Los Banos, CA 93635 | 9-12 | 0.7 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 631 I St
Date
Details
Price
Change
Source
4/08/2026
Price Reduced
$1,395,000
-3.79%
MLS
12/09/2025
Listed
$1,450,000
31.82%
MLS
1/05/2022
Sold
$1,100,000
—
Public Record
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
Tax History for 631 I St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$15,168
-1%
$1,173,655
2%
2024
$15,271
7%
$1,151,556
3%
2023
$14,330
128%
$1,121,944
194%
2022
$6,288
1%
$381,278
2%
2021
$6,198
1%
$373,921
1%
2020
$6,111
52%
$370,749
4%
2019
$4,009
3%
$357,010
2%
2018
$3,893
1%
$350,011
2%
2017
$3,849
-1%
$343,149
2%
2016
$3,902
2%
$336,421
2%
2015
$3,815
3%
$331,368
2%
2014
$3,719
1%
$324,878
-2%
2013
$3,677
—
$330,010
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 631 I St
631 I St, Los Banos, CA 93635 (MLS# 41118956) is a Commercial Residential Facility property. 631 I St is currently listed for $1,395,000 and was received on December 09, 2025. Want to learn more about 631 I St? Do you have questions about finding other Commercial Residential Facility 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.

