This multi-family property in Hanford presents solid rental potential with its 23,380 sqft footprint. Based on comparable data, the 2-bed/1-bath units could command between $1,387-$1,895 per month, aligning with the suggested $1,245-$1,495 potential range. With Hanford's rental market showing moderate growth (2.4% increase last year) and average rents 15% below national averages, this property offers reliable income in a stable market with low vacancy rates (1.3%).

Consider strategic upgrades to maximize rental income, particularly focusing on modern appliances and in-unit laundry which are already mentioned as selling points in nearby listings. The property's size suggests multiple units, creating excellent diversification. The owner should emphasize the property's convenient location near schools (all within 0.6 miles) when marketing to family renters. With Hanford's home values appreciating at 3.8% annually, this investment offers both cash flow and appreciation potential.