902 Mercey Springs Road, Los Banos, California 93635, Los Banos, 93635 - 3 bed, 2 bath
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Los Banos, California 93635
Analysis of 902 Mercey Springs Road, Los Banos, California 93635 is currently available with a list price of $995,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
Built in 1955, this property is in poor condition and is being marketed primarily for its land value and development potential. The interior features a severely outdated kitchen with original cabinetry, green laminate countertops, and obsolete appliances. Photos show significant deferred maintenance, including worn carpeting, plywood floor patches, and aging wood paneling. The exterior grounds are overgrown with weeds and cracked pavement, further indicating that the structure requires substantial rehabilitation or demolition to meet modern living standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 48787, living area = 2800.
The expansive 1.12-acre lot offers a rare opportunity for high-density development, such as multi-family units or townhomes, in a growing area.
Situated near E. Pacheco Blvd and local courts, the property benefits from high visibility and convenient access to major thoroughfares and city amenities.
Proposed multi-family or alternative uses require city approval and verification, which may involve a lengthy and uncertain rezoning process.
With the original structure built in 1955, the property likely requires significant modernization or demolition to achieve its highest and best use.
Excellent development opportunity for this 1.12 ac property, value potential use! Possibly Multi-family, townhomes or? Check with the Community & Economic Development City of Los Banos 520 J Street | Los Banos, CA 93635. Excellent location near E. Pacheco Blvd, Courts and much more. Ideal for many different uses or make it into a private oasis in town. Gated entry for privacy. Opportunity is knocking for those who can see the value!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 2,800 | 1,750 | 94% |
| Lot Size | 48,787 | 6,487 | 96% |
| Price | $995.0K | $449.5K | 96% |
| Price per sq ft | $355 | $260 | 94% |
| Built year | 1955 | 2003 | 8% |
| HOA | $0 | $0 | 50% |
| Days on market | 14 | 175 | 2% |
Apr 8, 2026
$995,000
Initial Listing