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Two-Unit Duplex Property
For Sale
$300,000
Pending

125 Glenwood St, Delano, CA 93215

Two residential units occupy one lot and are offered in as-is condition.

Property Size1,092 SF
Days on Market85

Property Features for 125 Glenwood St

General Information

Standard status Pending
Size 1,092 SF
Property subtype Residential Income

Building Details

Tenancy Multi
Listing Agency: Avalar Real Estate Alliance
Listed By: Lydia Ann Guillen
Source: Exprealty
Added: May 11 Changed: Aug 2 Last Checked: Aug 2 at 1:56AM

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 Avalar Real Estate Alliance

Investment Insights

Based on property information with market context.

This duplex property at 125 Glenwood St in Delano, California, contains two residential units totaling 1,092 square feet. The offering is being presented in its current as-is condition, with long-term tenants in place.

The property sits on a large lot, and the available information identifies possible future unit development as a consideration. The sale requires cash or hard money financing. It is offered together with 121 Glenwood Street.

Key Highlights

  • Two residential units on one lot
  • 1,092 square feet across the duplex
  • Long‑term tenants in place

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 $20.0k $18.36
− Vacancy −$577 −$0.53
EGI $19.5k $17.83
− OpEx −$5.8k −$5.35
NOI $13.6k $12.48
1,092 SF · lease $18.36/SF/yr · vacancy 2.88% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$194.7K
$170.4K – $227.2K (±1% cap)
NOI $13,630 @ 7.0% cap · market cap 4.54%
Second Best
Apartment 5plus
$179.7K
$157.3K – $209.7K (±1% cap)
NOI $12,580 @ 7.0% cap · market cap 4.19%
Theoretical Best
Warehouse
$233.3K
$204.1K – $272.2K (±1% cap)
NOI $16,330 @ 7.0% cap · market cap 5.44%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Carpet & Flooring Store Accounting Firm Kitchen & Bath Showroom Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

360
Businesses Nearby

Demographics for 93215, CA

53,626
Population
13,207
Households
4.1
Avg Household Size
32
Median Age
8%
College-Educated
62%
High-School Grad
145.5 sq mi
ZIP Area
369
Density / Sq Mi
$61,329
Median Household Income
$26,998
Median Earnings
$1,085
Median Rent
$271,700
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two residential units occupy one lot and are offered in as-is condition.
Where is this duplex located?
The property is located at 125 Glenwood St Delano, CA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Two residential units on one lot; 1,092 square feet across the duplex; Long‑term tenants in place
More about this property
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