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Four-Unit Apartment Building

400 W Cameron Street Hanford, CA 93230

New
400 W Cameron Street, Hanford, CA, 93230
$615,000
For Sale
Claim this Listing
$615,000

MULTI_FAMILY - Hanford, CA

Property Size1,900 SF
Lot Size0.25 Acres
Price / SF$323.68
AddedJul 14
Days on Market2
Last RefreshJul 15 at 1:06 am

Property Features for 400 W Cameron Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Zoning
RL5
Parking features
Open
Standard status
Active
APN
010093012000
Size
1,900 SF
Lot size
0.25 Acres

Building Details

Floors in Building
1

Listing agent Laura Goldsmith

Listing office Keller Williams Realty Antelope Valley CA

Listing date Jul 14, 2026

MLS# 234621 Listing URL

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.


Investment Insights

Based on property information with market context.

This four-unit apartment building offers a consistent floorplan across all units, with each residence featuring 2 bedrooms and 1 bathroom. The property is positioned as a residential income asset and is well-suited to buyers looking for manageable unit turnover through repeatable unit layouts.

Located at 400 W Cameron Street in Hanford, the property is described as being minutes from Hwy 198, downtown Hanford, local schools, and Adventist Health Hanford. Zoning is listed as RL5.

With four independently rented units under the same bedroom and bathroom configuration, the building provides straightforward operations for an owner managing the property on-site or through a third-party approach.

Key Highlights

  • Four‑unit investment property in downtown Hanford
  • All 4 units feature 2 bedrooms and 1 bath layout
  • Open parking provided

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 $34.9k $18.36
− Vacancy −$1.6k −$0.84
EGI $33.3k $17.52
− OpEx −$10.0k −$5.26
NOI $23.3k $12.27
1,900 SF · lease $18.36/SF/yr · vacancy 4.56% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$332.9K
$291.3K – $388.4K (±1% cap)
NOI $23,305 @ 7.0% cap · market cap 3.79%
Second Best
Apartment 5plus
$296.7K
$259.7K – $346.2K (±1% cap)
NOI $20,772 @ 7.0% cap · market cap 3.38%
Theoretical Best
Healthcare Medical
$600.3K
$525.3K – $700.3K (±1% cap)
NOI $42,020 @ 7.0% cap · market cap 6.83%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Parking Lot & Garage HVAC Service Electrical Service Storage Facility Veterinary Clinic Travel Agency Garden Center (Bike/Boat/Book/etc) Store Locksmith (Bike/Boat/Book/etc) Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Quadplex - Four units each offer 2 bedrooms and 1 bathroom in a residential income property zoned RL5.
Where is this quadplex located?
The property is located at 400 W Cameron Street Hanford, CA.
What is the asking price?
The asking price for this property is $615,000.
What are key features of this property?
This property features: Four‑unit investment property in downtown Hanford; All 4 units feature 2 bedrooms and 1 bath layout; Open parking provided
Contact an agent
More about this property
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