10-Unit Apartment
For Sale
Contact for pricing
404 Central Ave, Hanford, CA 93230
Multifamily property with all one-bedroom units near downtown Hanford amenities.
Property SizeContact for details
Days on Market151
Property Features for 404 Central Ave
General Information
Standard status
Active
Class
C
Property subtype
Multifamily
Zoning
RM3
Investment Type
Value Add
Net Operating Income
$73,950
Units
Unit Mix
10 x 1BR/1BA
Multifamily Units
10
Additional Details
Cap Rate
6.72%
Building Details
Year Built
1960
Buildings
1
Stories
2
Units
10
Listing Agency:
Hoekstra & Associates Inc
Listed By:
Jaime Martinez · License #01971583
Source:
Crexi
Added: Apr 3
Changed: Aug 30
Last Checked: Aug 30 at 12:47AM
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 Hoekstra & Associates Inc
Investment Insights
Based on property information with market context.
This 10-unit multifamily property was built in 1960 and includes an identical unit configuration throughout: each apartment has one bedroom and one bathroom. The property is zoned RM3 and is positioned as a straightforward residential income asset.
Residents are responsible for their own electricity, while ownership covers water, sewer, and trash. The property is near central Hanford, with walkable access to downtown amenities. The offering reflects a 6.72% cap rate.
Residents are responsible for their own electricity, while ownership covers water, sewer, and trash. The property is near central Hanford, with walkable access to downtown amenities. The offering reflects a 6.72% cap rate.
Key Highlights
- 10‑unit multifamily property at 404 Central Ave
- All units feature one bedroom and one bathroom
- Built in 1960
Property Analytics
Property Profile
Current Use
Lease Details
10
Residential units
Location Intelligence
Trade Area within ½ mile
1,962
Businesses Nearby
Explore this area
Business Placement
Demographics for 93230, CA
68,412
Population
23,149
Households
3
Avg Household Size
34
Median Age
17%
College-Educated
81%
High-School Grad
258.1 sq mi
ZIP Area
265
Density / Sq Mi
$73,558
Median Household Income
$44,074
Median Earnings
$1,208
Median Rent
$321,900
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Multifamily property with all one-bedroom units near downtown Hanford amenities.
Where is this apartment building located?
The property is located at 404 Central Ave Hanford, CA.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 10‑unit multifamily property at 404 Central Ave; All units feature one bedroom and one bathroom; Built in 1960
