$675,000
PENDING

Estimated payment $3,876/month

Total Views 2,268
10 Beds
5 Baths
4,320 Sq Ft
$156 Price per Sq Ft

About This Home

A well-kept turnkey investment opportunity. 551 E 11th St is a 5-unit multifamily property located in Hanford, CA of Kings County. Each unit consists of 2 bedrooms and 1 bathroom. Priced at $135k per door and $156.25 per square foot, 551 E 11th St presents an interesting opportunity for an investor to acquire a well-kept, income producing asset. SB 721 inspections have been completed and reports are available for review. All work related to SB 721 have been permitted and completed in accordance with the law. A due diligence folder with financials, capital improvements, and interior photos available for agents and qualified investors.

Listing Agent

Jeffrey Kim

The JKRE Investment Group License #01456017 Listed on: 05/21/2026

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Parking

  • Uncovered Parking

Home Design

  • Wood Roof
  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 4,320 Sq Ft Home
  • 2-Story Property
  • Leased Washer and Dryer

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Additional Features

  • 11,250 Sq Ft Lot
  • Central Air

Community Details

  • 5 Units
  • Gross Income $61,200

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0.26 Acres

Listing Details

  • Type: Multi Family
  • Property Sub Type: 5 to 15 Units
  • Price Per Square Foot: 156.25
  • Year Built Exception: 0
  • Stories: Two
  • Leased Equipment: Washer/Dryer (s)
  • Special Features: UnderContract
  • Year Built: 1977

Interior Features

  • Fireplace: None
  • Bathrooms: 5.00
  • Bedrooms: 10
  • Square Footage: 4320.00

Exterior Features

  • Roofing: Wood, Composition
  • Exterior: Stucco
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Uncovered

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water
  • Heat/Cool: Central Heat/Cool

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.2583
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 11250.00
  • Price Per Acre: 2613240.42

Building Info

  • Year Built: 1977

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 61200.00
  • IncomeIncludes: Unit Rent
  • Total Units: 5

MLS Schools

  • School District 2: Hanford Schools

Map

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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 $2,763 $251,139 $48,748 $202,391
2023 $2,665 $241,389 $46,856 $194,533
2022 $2,610 $236,657 $45,938 $190,719
2021 $2,554 $232,018 $45,038 $186,980
2020 $2,581 $229,639 $44,576 $185,063
2019 $2,538 $225,136 $43,702 $181,434
2018 $2,465 $220,721 $42,845 $177,876
2017 $2,427 $216,393 $42,005 $174,388
2016 $2,396 $212,150 $41,181 $170,969
2015 $2,381 $208,963 $40,562 $168,401
2014 $2,334 $204,869 $39,767 $165,102
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
06/08/2026 06/08/26 Pending -- -- --
05/21/2026 05/21/26 For Sale $675,000 -- $156 / Sq Ft
Source: Fresno MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Closed $125,000 Credit Line Revolving
Source: Public Records

Source: Fresno MLS

MLS Number: 649202

Fresno MLS
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