1222 Olive Avenue, Sanger, CA 93657
MULTI_FAMILY - Sanger, CA
- Added:
- Jul 2, 2026
- Days on Market:
- 6
- Last Refresh:
- Jul 7 at 11:06 am
Property Features for 1222 Olive Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 2
- Bathrooms
- 2
- Rooms
- Bedroom 2, Bathroom 1, Bathroom 2, Bedroom 1
- Parking features
- Carport
- Exterior features
- Stucco
- Standard status
- Active
- APN
- 32206216
- Size
- 1,200 SF
- Lot size
- 0.34 Acres
Building Details
- Year built
- 1965
- Floors in Building
- 1
- Number of units
- 2
- Roof type
- Composition
Listing agent Damon Barnett (559) 490-1500
Listing office Realty Concepts, Ltd. - Clovis 565 Pollasky Ave #301, Fresno, CA (559) 322-1194
Listing date Jul 2, 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.
HighLights
- Duplex in Sanger with long‑term tenants in place
- Huge 15,000 sq ft lot
- Both units are 1 bed / 1 bath with approximately 600 sq ft of living space each
- Large covered parking area attached to one unit
- Stucco exterior and composition roof
- Built in 1965
Overview
The property is located at 1222 Olive Avenue in Sanger, California, on a lot size of roughly 0.34 acres (15,000 square feet). The listing notes long-term tenants are currently in place.
For investors or owner-users seeking a small residential income property, this layout provides two independently leased units with matching one-bedroom, one-bath configurations. The presence of covered parking tied to one unit may appeal to tenants looking for practical everyday convenience. The listing also advises not to walk the property or disturb tenants.
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Sanger
- County
- Fresno
- State
- California
- Longitude
- -119.555001
- Latitude
- 36.698408
