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661-663 I St 8,000 SF Retail Building Los Banos, CA 93635 $690,000 ($86.25/SF)
INVESTMENT HIGHLIGHTS
- Prime downtown location on one of the busiest corner of the city
- 2nd story can be used for multifamily housing or retail
- Huge public parking lot directly behind building
EXECUTIVE SUMMARY
2nd story 3000 sqft unfinished. Can be used for multi-family housing or retail.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$36,000
|
$4.50
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$36,000
|
$4.50
|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$10,000
|
$1.25
|
| Net Operating Income |
$26,000
|
$3.25
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income | |
|---|---|
| Annual | $36,000 |
| Annual Per SF | $4.50 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $36,000 |
| Annual Per SF | $4.50 |
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $10,000 |
| Annual Per SF | $1.25 |
| Net Operating Income | |
|---|---|
| Annual | $26,000 |
| Annual Per SF | $3.25 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
8,000 SF
Building Class
C
Year Built
1930
Price
$690,000
Price Per SF
$86.25
Tenancy
Single
Building Height
2 Stories
Building FAR
1.08
Lot Size
0.17 AC
Opportunity Zone
Yes
Zoning
C-1, Los Banos - Commercial/Mixed use
Frontage
97’ on 7th
AMENITIES
- Fenced Lot
- Tenant Controlled HVAC
- Wheelchair Accessible
- Storage Space
- Air Conditioning
- Smoke Detector
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE END
- Fernandez Thrift Store
- Retailer
- 4,000 SF
- -
- -
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE END | ||
| Fernandez Thrift Store | Retailer | 4,000 SF | - | - |
Walk Score®
Very Walkable (86)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 025-231-009 | Improvements Assessment | $191,447 (2025) |
| Land Assessment | $334,529 (2025) | Total Assessment | $525,976 (2025) |
PROPERTY TAXES
Parcel Number
025-231-009
Land Assessment
$334,529 (2025)
Improvements Assessment
$191,447 (2025)
Total Assessment
$525,976 (2025)
1 of 4
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
Presented by
Freedom West Real Estate Group Inc.
661-663 I St
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