618 Machado Street, Los Banos, California 93635, Los Banos, 93635 - 2 bed, 2 bath
618 Machado Street
Los Banos, California 93635
Property Price
SUMMARY
Analysis of 618 Machado Street, Los Banos, California 93635 reveals a Prime Investment Opportunity with a current list price of $319,000—significantly undercutting the $334,855 Fair Market Value by 4%. This valuation gap indicates a +$15,855 Instant Equity potential for buyers. 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 |
|---|---|---|---|---|---|---|
★ 618 Machado Street Subject | $319,000* List Price | 2 | 2 | 1,492 | $224 | - |
A 830 Auction Street Sold | $359,900 | 3 | 2 | 1,848 | $195 | 0.1 mi |
B 1402 S Nevada Avenue Sold | $368,000 | 3 | 2 | 1,514 | $243 | 0.9 mi |
C 737 Betten Pending | $318,000 List Price | 2 | 2 | 1,492 | $213 | 0.2 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
OVERALL CONDITION SCORE
Property is new construction or fully renovated.
Built in 2018, this property is well within the 10-year threshold for an excellent rating. The home features a modern, updated kitchen with contemporary appliances, high-quality flooring, and updated fixtures throughout. As a newer construction in a well-maintained 55+ gated community, all major systems including HVAC and electrical are virtually new with no evidence of deferred maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Resort-Style Amenities
The community offers an extensive suite of amenities including a heated pool, tennis courts, a gym, and rare free RV parking, promoting an active and social lifestyle.
- Modern Turn-Key Condition
Built in 2018 and featuring a thoughtfully updated kitchen, this home provides contemporary finishes and the peace of mind associated with newer construction.
- Secure Gated Environment
Situated within a beautifully maintained 55+ gated community, the property offers enhanced security and a peaceful, age-qualified atmosphere.
CONSRISKS & DEFICIENCIES
- MLS Listing Discrepancy
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =3714, other record lot size in square feet = 3442.
- Age-Restricted Market
As a 55+ community residence, the potential buyer pool is restricted by age, which can limit market liquidity and future resale opportunities.
- Monthly Association Fees
The $356 monthly association fee represents a significant recurring carrying cost that must be factored into the overall affordability for residents on fixed incomes.
About 618 Machado Street
Step into a breezy, easygoing lifestyle in this charming 2-bedroom, 2 bath home tucked inside a beautifully maintained 55+ gated community. Designed for comfort and effortless living, the home features a welcoming layout and a thoughtfully updated kitchen perfect for preparing meals before heading outside to soak up the sunshine. Life here unfolds in the open air. Start your mornings with a peaceful stroll through the community garden, spend afternoons lounging by the heated pool, or enjoy friendly matches on the tennis courts. Stay active in the fully equipped gym, unwind in the billiard room or library, or gather with friends in the spacious conference and community spaces. Theres even free RV parking for your next adventure. Whether youre savoring quiet moments outdoors or connecting with neighbors who feel like family, this community offers a refreshing blend of relaxation, recreation, and connection. Its the al fresco lifestyle youve been waiting for secure, beautiful, and ready to welcome you home.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 2018
- Lot Size
- 3,714 Sq. Ft.
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $356.0 / Month
Neighborhood Insights
Los Banos Unified Schools
Henry Miller Elementary School
Grades K-6 • 0.6 mi
Los Banos Junior High School
Grades 7-8 • 2.0 mi
Los Banos High School
Grades 9-12 • 1.9 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 2% |
| Baths | 2.0 | 3.0 | 45% |
| Square foot | 1,492 | 1,816 | 26% |
| Lot Size | 3,714 | 6,332 | 2% |
| Price | $319.0K | $481.8K | 2% |
| Price per sq ft | $214 | $260 | 13% |
| Built year | 2018 | 2008 | 57% |
| HOA | $356.0 | $0 | 96% |
| Days on market | 34 | 214 | 2% |
Pricing History
Listed for Sale
Feb 1, 2026
$319,000
Initial Listing
Sold
Nov 2, 2021
$340,000
Public Record
Sold
Apr 9, 2019
$258,500
Public Record