710 J StSanger, CA 93657

Property Details for 710 J St

Year built

1981

Property size (Sq ft)

3,960 SF

Property type

Apartment buildings

Description

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.

Location Insight

City

Sanger

County

Fresno

State

California

Latitude

36.7066

Longitude

-119.551

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