2011-2015 N Parker Place, Hanford, CA 93230
MULTI_FAMILY - Hanford, CA
- Added:
- May 27, 2026
- Days on Market:
- 15
- Last Refresh:
- Jun 10 at 12:06 am
Property Features for 2011-2015 N Parker Place
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 6
- Bathrooms
- 3
- Rooms
- Bedroom 2, Bedroom 4, Bedroom 5, Bedroom 6, Bathroom 2, Bedroom 3, Bathroom 3, Bedroom 1, Bathroom 1
- Patio and Porch features
- Patio
- Appliances
- ENERGY STAR Qualified Appliances, Gas Water Heater, Microwave
- Standard status
- Active
- APN
- 014342016
- Size
- 2,077 SF
- Lot size
- 0.17 Acres
Utilities
- Sewer type
- Public Sewer
- Heating system
- Wall Furnace, Natural Gas
- Cooling system
- Evaporative Cooling
- Water source
- Public
Building Details
- Year built
- 1966
- Floors in Building
- 1
- Number of units
- 3
- Flooring type
- Tile - Ceramic, Carpet
- Building materials
- Frame, Stucco
- Roof type
- Composition
Listing agent Ed Evans (559) 302-2900
Listing office RE/MAX Success 4840 W Mineral King RE/MAX Success, Visalia, CA (559) 734-1400
Listing date May 27, 2026
Copyright © 2026 Tulare County MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Built in 1966 with frame and stucco construction
- Public water and public sewer service
- Natural gas heating with wall furnace and evaporative cooling
- Composition roof
- Two of the units have been recently renovated
- Appliances include ENERGY STAR‑qualified appliances and a gas water heater; patio on‑site
Overview
Located at 2011-2015 N Parker Place in Hanford, California, the building is offered for sale as a multi-family rental opportunity in Kings County. The property’s configuration supports the commonly sought “live in one, rent the other two” lifestyle, with the renovations potentially reducing near-term turnover needs for those specific units.
For buyers looking to get started in rental ownership, this setup can be workable for an owner-occupant who wants on-site presence while collecting rent from the other units. The listing also references potential financing benefits for first-time buyers, and it states that a property manager believes $1,200 is market rent; however, actual rents should be verified during underwriting. Two-unit renovation recency may be an important practical consideration for prospective tenants and managing operators evaluating unit condition and leasing readiness.
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 | $38.1k | $18.36 |
| − Vacancy | −$1.7k | −$0.84 |
| EGI | $36.4k | $17.52 |
| − OpEx | −$10.9k | −$5.26 |
| NOI | $25.5k | $12.27 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hanford
- County
- Kings
- State
- California
- Longitude
- -119.636021
- Latitude
- 36.347951
