1991 Parker Place Hanford, CA 93230
MULTI_FAMILY - Hanford, CA
- Added:
- Jun 26, 2026
- Days on Market:
- 17
- Last Refresh:
- Jul 12 at 8:06 pm
Property Features for 1991 Parker Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 4
- Bathrooms
- 2
- Rooms
- Bedroom 3, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 1, Bedroom 4
- Parking features
- Carport
- Exterior features
- Stucco, Wood
- Standard status
- Active
- APN
- 014342014000
- Size
- 1,560 SF
- Lot size
- 0.17 Acres
Building Details
- Year built
- 1967
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Composition
Listing agent Nivia Lourenco (855) 450-0442
Listing office Real Brokerage Technologies 1420 KETTNER BLVD #100, San Diego, CA (855) 450-0442
Listing date Jun 26, 2026
Copyright © 2026 Fresno Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in North East Hanford within an established neighborhood, the address offers convenient access to everyday needs, including schools and shopping. The layout and site configuration are geared toward straightforward duplex operation, with parking and outdoor areas assigned to each unit.
As a rental property, the building is designed to support occupancy in two distinct households while keeping common living functions separated, including laundry and yard space. For owner-occupants, the duplex format offers the option to live in one unit while renting the other, based on the two-unit, self-contained design. This is a for-sale property intended for buyers evaluating duplexes in a residential income setting.
Key Highlights
- Duplex in North East Hanford with two 2‑bedroom, 1‑bath units
- Each unit is approximately 780 sq. ft.; total living space about 1,560 sq. ft.
- Each unit includes its own laundry area, covered carport, and private fenced backyard
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $28.6k | $18.36 |
| − Vacancy | −$1.3k | −$0.84 |
| EGI | $27.3k | $17.52 |
| − OpEx | −$8.2k | −$5.26 |
| NOI | $19.1k | $12.27 |