Welcome to 1513 S Nevada Street, Los Banos a charming property that offers exceptional flexibility with a beautifully updated detached studio ADU. Assumable financing also available! The main home features 935+/- square feet of comfortable living space with 2 bedrooms and 1 bathroom, offering a functional layout that's perfect for first-time buyers, downsizers, or investors. Situated on an approximately 5,000 square foot lot, the property provides a spacious backyard while maximizing its versatility. A standout feature is the recently renovated detached studio ADU located at the rear of the property. Complete with off-street parking, it offers an ideal space for extended family, guests, a private home office, or the potential for rental income. The ADU currently has a month to month tenant paying $1000/mo. Current loan balance of ~$246,400 at a 2.625% interest rate gives you a PITI payment of $1510. Owner willing to cooperate with a VA Assumption, FHA or VA Financing. This property presents a unique opportunity to own a home with additional living space in Los Banos. Whether you're looking for multi-generational living, an investment opportunity, or simply extra room to fit your lifestyle, 1513 S Nevada Street delivers outstanding value and endless possibilities.