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Las Palmas Portfolio
Los Banos, CA

$5,300,000 USD

Multifamily For Sale  •  26,400 SF

2 Properties View all

Property Details

• Property Type Multifamily

30 Transit Score

50 Walk Score

Highlights

Prime Investment Opportunity: Major Price Reduction! Now $2.7M individually (16 units), or $5.3M for portfolio of 32 units performing at 7.74% CAP

Spacious Two-Bedroom Units: All units are designed for comfort, featuring generous layouts that cater to a diverse range of tenants.

Extensive Renovations: Recent upgrades include major dry rot repairs, new roof, new asphalt at both entries, and comprehensive cosmetic enhancements

Structural Integrity Improvements: Engineered upgrades to decks and roof overhangs, along with new wrought railings

Enhanced Security Features: Equipped with monitoring security cameras and high-efficiency exterior LED lighting for added tenant safety.

Ample Parking and Accessibility: Recently sealed and striped parking areas, along with extensive roof repairs on carports.

Property Flyers

Las Palmas at 233 OM V3

Las Palmas at 133 OM V3