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Seller's Agent in 2026
Jaime Martinez
Hoekstra & Associates Inc
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
| 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 |
| 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 |
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Seller's Agent in 2026
Jaime Martinez
Hoekstra & Associates Inc
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Buyer's Agent in 2026
Sunny Malhi
Realty One Group Action
(559) 308-2796
5 in this area
89 Total Sales
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Seller's Agent in 2023
Larry Martella
Martella Real Estate
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Seller Co-Listing Agent in 2023
Robin Jerome-Boyer
Kings County Real Estate
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Buyer's Agent in 2023
Area Out Of
Out Of Area
Source: Kings County Board of REALTORS®
MLS Number: 233929
Ask me questions while you tour the home.