1991 Parker Place, Hanford, CA 93230
MULTI_FAMILY - Hanford, CA
- Added:
- Jun 26, 2026
- Days on Market:
- 11
- Last Refresh:
- Jul 6 at 6:06 pm
Property Features for 1991 Parker Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- Carport
- Standard status
- Active
- APN
- 014342014
- Size
- 1,560 SF
- Lot size
- 0.17 Acres
Building Details
- Floors in Building
- 1
Listing agent Nivia M Lourenco (559) 333-1555
Listing office Real Brokerage CA
Listing date Jun 26, 2026
Copyright © 2026 Kings County Board 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 with two 2‑bedroom, 1‑bath units in North East Hanford
- Each unit is approximately 780 sq. ft. for a total of about 1,560 sq. ft.
- Each unit includes its own laundry area
- Each unit has a covered carport and a private fenced backyard
- Located on a 7,339 sq. ft. lot in an established neighborhood
Overview
The home is located in North East Hanford and is described as offering convenient access to schools, shopping, and everyday amenities. The overall setting is a residential area, with the duplex configuration designed for two independently usable households on one parcel.
For tenants, this layout can support privacy and practicality with in-unit laundry areas, dedicated carport parking, and enclosed outdoor space per unit. For buyers, the property’s two-unit design offers a straightforward duplex structure on a single lot. Owner-occupants may also find the separation helpful for living in one unit while renting the other, depending on their plans and local leasing needs.
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hanford
- County
- Kings
- State
- California
- Longitude
- -119.63607
- Latitude
- 36.347598
