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922 L Street

Sanger, CA 93657

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$950,000

12 bd
  |  
6 ba
  |  
4,140 sq ft
  |  
0.43 acre

922 L Street

Sanger, CA 93657

Listed On: 07/22/2026
Status: Active
Listing Number: 652444 (Fresno MLS)

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Contact Info


Presented By:

London Properties, Ltd.
London Properties, Ltd. 559.436.4071 Email Agent
Property Description
Courtesy of Blake Blackburn, Visintainer Group - [email protected]

Offered at a 7.37% cap rate, the property pairs limited expense risk with minimal near-term capital needs and a layout that supports premium rents. Tenants pay 100% of their utilities sewer, water, and trash included an uncommon arrangement that shields ownership from expense creep and keeps the operating expense load exceptionally low. Ownership has recently completed extensive updates, including brand-new AC mini-splits, updated interiors with new fixtures and finishes, new electrical panels, and new appliances, significantly reducing a buyer's exposure to near-term capital expenditures. Each unit is also its own standalone building with space between neighboring units, offering tenants more privacy and less noise with no shared walls a desirable layout that helps sustain above-market rents.
Property Type
Multi Family
Property Subtype 1
5 to 15 Units
Year Built
1959
Region
Urban
Stories
One
Total Buildings
6
Total Units
6
Price Per Square Foot
$229
Price Per Acre
$2,207,249
Days On London
0
Cumulative Days On London
0
County
Fresno
Documents Available
Profit & Loss, Cash Flow Analysis
Special Features
Laundry in Each Unit
REO / Bank Owned
No
Cross Street Address
10th St and L St
Directions
Go South on Acadamey, and then go left onto 9th St. Then, take the first right onto L St. The property will be located on left side of road approx. 150 feet down L St.
Heat / Cool
Central Heat/Cool
Roofing
Composition
Foundation
Concrete Perimeter
Fireplace
None
Exterior
Stucco
Gas & Electric
Public Utilities
Sewer / Water
Public Water, Public Sewer
Are there garage spaces?
No
Additional Parking
Uncovered
APN
320 172 07 [PARCEL MAP]
School District
Sanger
School Type 1
High School
School Name 1
Sanger
School Type 2
Junior High School
School Name 2
Washington Academic
School Type 3
Grade School
School Name 3
Wilson
Tenant Pays
All Utilities
Income Includes
Unit Rent
Annual Income
96900.00
Annual Expense
26882.00
Expenses Include
Gardener, Maintenance/Repair, Insurance, Accounting/Legal, Taxes, Vacancy Factor
Sources of Inc / Exp
Owner, Projected
Net Income
70018.00


Last modified 2 hours ago

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

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