Property summary
This exceptional investment opportunity presents a well-maintained four-unit apartment building situated in downtown Sanger, California. The property, identified by APN 320-141-10, consists of two one-story duplex buildings totaling 3,960 square feet on a substantial 15,000 square foot lot. Each of the four units offers two bedrooms and one bathroom, complete with a single-car garage and convenient in-unit laundry facilities. Garage access is provided via an alley. A central courtyard separates the two buildings, enhancing the property's aesthetic appeal. Currently boasting 100% occupancy, the property generates a substantial net operating income (NOI) of $30,475, representing a 3.69% cap rate. The asking price is $824,950, translating to $206,237.50 per unit and $208.32 per square foot. Built in 1981, the property is zoned RM3 and shows clear evidence of pride of ownership. This is a rare opportunity to acquire a stable, high-performing multifamily asset in a desirable location. The property's size and layout offer potential for future value appreciation and strong cash flow.
Property profile
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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