Las Palmas Apartments

Nestled in the heart of Los Banos, the area surrounding Las Palmas Apartments offers a vibrant community with a blend of small-town charm and modern amenities. Investors will appreciate the proximity to local parks, shopping centers, and diverse dining options that cater to all tastes. The nearby Los Banos Creek Park is perfect for outdoor enthusiasts, featuring walking trails and picnic areas. Additionally, the community is well-connected to major highways, providing easy access to larger cities. With a growing population and a strong demand for multifamily housing, this location presents a promising opportunity for investment in a flourishing market.First Commercial is excited to present the Las Palmas Apartments, a well-established 32-unit complex nestled in the burgeoning agricultural community of Los Banos, California. This property boasts a desirable mix of spacious two-bedroom units spread across eight buildings, situated on over an acre of land across two parcels. Recently, the property has undergone extensive renovations, enhancing both its structural integrity and aesthetic appeal. Significant improvements include comprehensive dry rot repairs, new roof, and stucco enhancements across all buildings. Structural upgrades to decks and roof overhangs have been completed, adhering to engineers’ recommendations. Modern wrought railings have been installed to meet current safety codes, alongside upgraded security measures, including monitoring cameras and high-efficiency exterior LED lighting. Additional updates encompass extensive roof repairs on all carports, fresh paint for all structures, and the conversion of a storage unit into a fully functional, conditioned office with a bathroom, ensuring a welcoming environment for residents and management alike.