1222 Olive Avenue Sanger, CA 93657
Duplex with two 1-bedroom, 1-bath units and a covered parking area attached to one unit.
Property Features for 1222 Olive Avenue
General Information
- Standard status
- Active
- Size
- 1,200 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1965
Listing office Realty Concepts, Ltd. - Clovis (559) 392-3643
Listing date Jul 7, 2026
Source Exitrealty
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of Realty Concepts, Ltd. - Clovis
Investment Insights
Based on property information with market context.
The offering is for sale in Sanger, and the public remarks indicate long-term tenants are already in place. Buyers are instructed not to walk the property or disturb tenants.
Both units share the same basic layout and utility profile, making this a straightforward residential income configuration within a larger lot setting.
Key Highlights
- Duplex built in 1965 in the heart of Sanger
- Two units: each is a 1‑bedroom, 1‑bath
- Each unit offers approximately 600 sq ft of living space
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 | $24.2k | $20.16 |
| − Vacancy | −$1.5k | −$1.25 |
| EGI | $22.7k | $18.91 |
| − OpEx | −$6.8k | −$5.67 |
| NOI | $15.9k | $13.24 |
