$1,000,000
SOLD APR 20, 2026

404 Central Ave Hanford, CA 93230

-- Bed
-- Bath
4,160 Sq Ft
6,400 Sq Ft Lot Lot

Sale Details

Date Sold: April 20, 2026

$240 Per Sq Ft

9% Below List Price

5 on Market

About This Home

As of April 2026

404 Central Ave is a 10-unit multifamily property. The building consists entirely of one bedroom, one-bathroom units. The owner is responsible for water, sewer, and trash, while residents pay for their own electricity. Situated near the center of Hanford, the location provides residents with convenient walkability to downtown amenities. The property is being offered at a 6.72% cap rate, providing a strong income foundation from day one. With current rents positioned below market value, this asset offers a straightforward low-maintenance operation with clear upside potential.

Last Agent to Sell the Property

Jaime Martinez

Hoekstra & Associates Inc License #01971583 Listed on: 04/02/2026

Last Buyer's Agent

Sunny Malhi

Realty One Group Action License #02006420

Property Details

Home Type

  • Apartment

Lot Details

  • 6,400 Sq Ft Lot

Home Design

  • Stucco Exterior

Interior Spaces

  • 4,160 Sq Ft Home
  • 2-Story Property

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Tenant pays for electricity
  • Assessor Parcel Number 010243017000

Property Details

Home Type

Apartment

Lot Details

6,400 Sq Ft Lot

Listing Details

  • Property Sub Type: Apartment
  • Prop. Type: MultiFamily
  • Horses: No
  • Lot Size Acres: 0.1469
  • Directions: Located on the north side of central street
  • Building Stories: 2
  • Days On Market: No
  • Formal Living Room: No
  • Special Features: None
  • Stories: 2

Interior Features

  • Private Spa: No
  • Living Area: 4160.00
  • Broker Approved: Yes
  • Reciprocal Listing: No
  • Interior Layout: One Building
  • Master Bedroom: No

Exterior Features

  • Pool Private: No
  • Roof: Asphalt
  • Exterior: Stucco
  • Price Per Acre: 6807351.94
  • Price Per Square Foot: 240.38

Garage/Parking

  • Parking Features: 1 Space Per Unit

Condo/Co-op/Association

  • Association: No

Lot Info

  • Lot Size Sq Ft: 6400.00
  • Parcel #: 010243017000
  • Zoning: RM3

Green Features

  • Solar: No

Rental Info

  • Tenant Pays: Electricity
  • Sub Lease: No
  • Sub Lease Expire: 1800-01-01T00:00:00-08:00

Multi Family

  • Existing Lease Type: Net
  • Income Includes: ["Rent Monthly"]
  • Annual Gross Scheduled Income: Yes
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/20/2026 04/20/26 Sold $1,000,000 -9.1% $240 / Sq Ft
04/07/2026 04/07/26 Pending -- -- --
04/02/2026 04/02/26 For Sale $1,100,000 +25.7% $264 / Sq Ft
11/30/2023 11/30/23 Sold $875,000 -10.3% $210 / Sq Ft View Prior Sale
11/28/2023 11/28/23 Pending -- -- --
02/25/2022 02/25/22 For Sale $975,000 -- $234 / Sq Ft
Source: Kings County Board of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $9,472 $892,782 $76,500 $816,282
2023 $9,472 $409,331 $58,159 $351,172
2022 $4,424 $401,123 $57,019 $344,104
2021 $4,330 $393,422 $55,901 $337,521
2020 $4,376 $389,397 $55,328 $334,069
2019 $4,303 $381,778 $54,243 $327,535
2018 $4,179 $374,173 $53,179 $320,279
2017 $4,115 $366,795 $52,136 $314,659
2016 $4,060 $359,556 $51,114 $308,442
2015 $4,037 $354,314 $50,346 $303,968
2014 $3,958 $347,388 $49,360 $298,028
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Kings County Board of REALTORS®

MLS Number: 233929

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