427 Somerset Ave Los Banos, CA 93635

3 beds · 2 baths · 1,213 sq ft · Lot Size: 5,892 sq ft · Single Family Home
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427 Somerset Ave is in the 93635 neighborhood of Los Banos, CA. It is located in Merced County and ZIP code 93635. This Single Family Home was built in 2002 and is approximately 23 years old. The single family home spans 1213 sq ft with 3 bedrooms and 2 bathrooms and sits on a 5892 sq ft lot. According to public records, it was last sold in 2010 for $115,000. Analyze and compare real estate investment strategies for properties like this home at 427 Somerset Ave Los Banos, CA 93635 with Property Intel by Whitepages.

Investment Potential for 427 Somerset Ave

The property has a current estimated value of $370,003, which is 8% below the zip median, based on public records. It last sold on November 17, 2010 for $115K. Projected long-term
is $43,800 annually ($3,650 per month) with a 94% occupancy rate.

Long-Term

Gross Rental
$43,800 per year($3,650 per month)
Net Operating Income
Cap Rate
Occupancy Rate
94%in 93635 zip code
 
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Owners & Occupancy for 427 Somerset Ave

This property is owned by Rebecca P Robledo. Owner contact information includes 8 phone numbers and 1 email address.

Property Owners

Cell Phone(209) ***-****
Residence*************
Landline(209) 826-2272+ 3 more
Distance from Property**********
Email Address*************@yahoo.com
Cell Phone(831) ***-****
Residence*************
Landline(209) 826-2272+ 3 more
Distance from Property**********
Email Address************@comcast.net

Property Ownership Information

Purchase DateNovember 17, 2010
Property Tax Amount$2,400 in 2024
Purchase Price$115,000

Occupancy

Current Occupancy*****View Occupancy
Resident 1***************** age 80
Resident 2***************** age 60
Resident 3***************** age 35
Resident 4*************** age 62

Property Details for 427 Somerset Ave

Property Details

Property Sq Ft

Living Area

1,213 sq ft

Compare to 93635

Lot Size

5,892 sq ft

Compare to 93635

Price Per Sq Ft

Living Area

$305 / sq ft

Compare to 93635

Lot Size Area

$63 / sq ft

Compare to 93635
Property condition, age, exterior, etc. for 427 Somers…
Longitude: -120.831601 Latitude: 37.074668 Parcel Number (APN): 424-132-009-000…
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Market Benchmarks

Compare data for 427 Somerset Ave in Merced County to the median in the zip code area and surrounding markets, where available.
View zip code benchmarks
Property
State
Difference
$370,003
$643,512
-$273,509 (-43%)
$806,439
-$392,556 (-49%)
YoY Price Change
1.38%
2%
Year Built
2002
1971
31 years
Living Space
1,213 sq ft
1,518 sq ft
-305 (-20%)
$ Per Living Sq Ft
$305
$429
-$124 (-29%)
Lot Size
5,892 sq ft
7,020 sq ft
-1128 (-16%)
$ Per Lot Sq Ft
$63
$93
-$30 (-32%)

Net Operating Income
$29,327
$3,503 (12%)
Annual Revenue
$43,800
$45,600
-$1,800 (-4%)
$13,826
-$2,856 (-21%)
Net Operating Income
$29,327
$3,503 (12%)
Cap Rate
4.12%
Home Value Comparison: Property vs. Local and Regional 3-Bed Single Family Home Medians