
Los Banos, California 93635
This Vintage Residential Asset represents a strategic High-Potential Investment Opportunity listed at $390,000, positioned within a stable range of its $360,396 Fair Market Value. Carrying a Condition Rating of 4, the 1929-built home offers a functional layout with a proven rental history in a high-demand market. The primary value driver is the expansive 6,565 Sq Ft Corner Lot, which provides significant utility for an ADU addition or future development. Located in the Los Banos Unified School District, this acquisition is ideal for Buy-and-Hold Investors or first-time buyers seeking a value-add entry point.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1102 California Avenue Subject | $390,000* List Price | 2 | 1 | 1,180 | $305 | - |
A 956 J Sold | $415,000 | 2 | 1 | 1,116 | $372 | 0.7 mi |
B 941 Granada Sold | $405,000 | 3 | 2 | 1,382 | $293 | 0.6 mi |
C 127 Willmott Avenue Sold | $399,900 | 3 | 2 | 1,141 | $350 | 0.6 mi |
D 129 Kiwi Street Sold | $370,000 | 3 | 2 | 1,104 | $335 | 0.7 mi |
E 410 Orange Avenue Sold | $389,900 | 3 | 2 | 1,220 | $320 | 0.8 mi |
F 517 Pinion Street Active | $430,000 List Price | 3 | 2 | 1,336 | $322 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1929, this property is described as well-maintained with a consistent rental history, suggesting it is functional and livable. However, the lack of interior images and the marketing emphasis on development potential and 'vintage construction' indicate that while the home has been kept up, it likely features outdated systems, kitchen, and bathroom finishes consistent with an older, non-renovated rental property.
The expansive 6,565 sqft corner lot provides significant room for future expansion or the addition of an Accessory Dwelling Unit (ADU), maximizing the property's long-term value.
Boasting a strong rental history in a high-demand market, this property offers immediate income potential for investors or a stable entry point for first-time buyers.
Situated just minutes from local schools, shopping centers, and essential amenities, the home offers a highly convenient lifestyle in a desirable Los Banos neighborhood.
Built in 1929, the home may require updates to its aging infrastructure or major systems to meet modern efficiency standards and building codes.
Featuring only two bedrooms and a single bathroom, the interior footprint may be restrictive for larger families or those requiring dedicated home office space.
Excellent opportunity to own a charming 2-bedroom, 1-bath home on a large corner lot in one of Los Banos most desirable rental markets. This well-maintained property has a strong rental history and is always rented, offering immediate income potential for savvy investors. It can also be delivered to a first-time home buyer vacant. Set on an expansive lot with great privacy, the home offers plenty of room for future development, ADU addition, or expansion. You will love the convenient location just minutes from schools, shopping, and major amenities.Whether you're looking for your perfect first time home or your first rental property for passive income, this one checks all the boxes. Properties in this area rarely hit the market dont miss out!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 10% |
| Baths | 1.0 | 2.0 | 6% |
| Square foot | 1,180 | 1,744 | 16% |
| Lot Size | 6,565 | 6,487 | 55% |
| Price | $390.0K | $441.0K | 22% |
| Price per sq ft | $331 | $260 | 82% |
| Built year | 1929 | 2003 | 2% |
| HOA | $0 | $0 | 50% |
| Days on market | 209 | 183 | 57% |
Feb 28, 2026
$390,000
Initial Listing
Sep 26, 2025
$395,000
Initial Listing
Nov 5, 2020
$237,500
Public Record