1062 Madison, Los Banos, California 93635, Los Banos, 93635 - 4 bed, 2 bath
1062 Madison
Los Banos, California 93635
Property Price
SUMMARY
Analysis of 1062 Madison, Los Banos, California 93635 reveals a Fairly Priced Property with a current list price of $470,000 aligned with the estimated $468,817 Fair Market Value. This represents a stable investment opportunity at market rate. The property maintains a Excellent Condition Rating (95/100), indicating excellent structural integrity and modern finishes throughout. This turnkey property requires minimal updates and is ready for immediate occupancy. Located in a high-demand neighborhood within the Los Banos Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Estimated Market Value
Comparable Sales Map
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1062 Madison Subject | $470,000* List Price | 4 | 2 | 1,676 | $280 | - |
A 744 Bluff Sold | $515,000 | 3 | 2 | 1,760 | $293 | 0.4 mi |
B 1740 Columbia Drive Sold | $500,000 | 4 | 3 | 1,862 | $269 | 0.5 mi |
C 1519 S 11th Street Sold | $410,000 | 3 | 2 | 1,424 | $288 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
The property has undergone extensive recent renovations, including a brand-new roof, new furnace, and new central AC system. The bathrooms are newly remodeled with contemporary fixtures, and the interior features modern flooring, updated kitchen appliances, and fresh paint throughout, meeting the criteria for a fully move-in-ready home with no deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- High Available Lot Utilization
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7350, living area = 1676.
- Major System Upgrades
The property features a brand-new roof, new furnace, and new central AC system, providing significant value and reducing immediate capital expenditure for the buyer.
- Modernized Interior
With newly remodeled bathrooms and a spacious four-bedroom layout including separate living and family rooms, the home offers a contemporary, move-in-ready living experience.
CONSRISKS & DEFICIENCIES
- Vintage Construction
Built in 1963, the property may have original infrastructure elements behind the walls that lack the efficiency and standards of modern building codes.
- Market Stagnation
A recent price reduction and extended time on the market suggest that the property may be facing challenges in meeting current buyer valuation expectations.
About 1062 Madison
Welcome to this charming 4-bedroom, 2-bath home located in one of Los Banos' most sought-after southside neighborhoods! This spacious residence has a separate family room an living room . Enjoy peace of mind with a brand-new roof, new furnace, and new central AC systemperfect for year-round comfort. The newly remodeled bathrooms feature contemporary fixtures and fresh design touches that add a touch of luxury. The open, inviting floor plan offers plenty of natural light and space for entertaining or relaxing. Outside, you'll find a nicely sized yard with potential for gardening, play, or outdoor gatherings. Conveniently located near top-rated schools, parks, shopping, and easy commuter access, this home combines modern updates with a great location. Don't miss your chance to own this move-in-ready gem on the south side of Los Banos!
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1963
- Lot Size
- 7,350 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 45% |
| Square foot | 1,676 | 1,816 | 34% |
| Lot Size | 7,350 | 6,350 | 81% |
| Price | $470.0K | $481.8K | 45% |
| Price per sq ft | $280 | $261 | 66% |
| Built year | 1963 | 2005 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 134 | 214 | 21% |
Pricing History
Listed for Sale
Feb 28, 2026
$470,000
Initial Listing
Price Change
Oct 24, 2025
$480,000
Initial Listing
Sold
Aug 24, 2021
$370,000
Public Record
Sold
Nov 18, 2015
$230,000
Public Record
Sold
Jul 23, 2014
$220,000
Public Record
Sold
Jul 9, 2004
$340,000
Public Record
Sold
May 15, 1998
$130,000
Public Record