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$ 349,000
Est. payment /mo
Price Dropped by $31K
11741 S 11th Avenue Hanford, CA 93230
4.78 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lot
Listing Status Active
Purchase Type For Sale
MLS Listing ID 232766
Lot Size 4.780 Acres
Property Sub-Type Lot
Source Kings County
Property Description
Rare multi-family development opportunity in Hanford! This 4.78-acre parcel at 11741 S. 11th Avenue, Hanford, CA 93230 offers an opportunity to resubmit for a multiple unit Tentative Tract Map for a thoughtfully planned community of 69 total units: six 8-plex buildings, five 4-plex buildings, and one single-family residence all designed with four-bedroom layouts to meet strong rental demand. The project integrates modern multi-family features including 140 total parking spaces (with 72 covered, ADA, and EV charging stalls), landscaped open space exceeding city requirements, children's play areas, a basketball court, and shaded pergola seating, creating a highly livable environment attractive to future tenants. With zoning in place (R-M Medium Density Residential) and approval through the City of Hanford Planning Department, developers can immediately move forward on a turnkey build, saving months, even years of approval time. Positioned minutes from schools, retail, and Highway 198 access, the site combines small-city convenience with strong long-term growth potential, making it an ideal acquisition for builders, experienced investors, or small funds seeking scalable housing inventory in California's Central Valley.
Location
State CA
County Kings
Area South West Hanford
Zoning RM3
Exterior
Fence None
Building
Lot Description Corner Lot
Water None
Listed by Larry Harper • Century 21 Jordan-Link & Company