NOT LISTED FOR SALE

1124 Helm Ave Clovis, CA 93612

32 Beds
16 Baths
13,272 Sq Ft
0.46 Acres

Last Sold October 15, 2018

Last sale price $1,350,000 $102 Per Sq Ft

590 Days on Market

Highlights

  • 0.46 Acre Lot
  • Corner Lot
  • Central Air
  • Clark Intermediate School Rated A
  • Fenced Yard
  • Wood Siding

About This Home

As of October 2018

The Helm Apartments is in a prime location of Clovis/Fresno area. Only blocks away from Cal State University Fresno, Whole Foods, Super Wal-Mart, Target & Fashion Fair Mall. This investment is for sale with the adjacent 8-plexes for a total of 32 units, four 8-plexes each with its' own APN# (see 1 Helm Avenue). Excellent configuration with 2BD/1BA units. All units are approximately 810+ sqft with private patio/yard space. The rental demands for the Helm Apartments are high due to excellent location, schools, and good condition. Make this trophy property a part of your investment portfolio. Approximately 11.4 GRM and around 7.7% Cap Rate. Laundry facility for each building is operational. Matured landscaping that is low maintenance. The building has a locked security fence and 1:1 parking ratio plus additional street parking. This garden style apartment is considered to be in the top neighborhood of Fresno/Clovis area with easy access to Highway 168, 41, and 99

Last Agent to Sell the Property

Robert Balina

Synergize Realty License #01263881 Listed on: 01/04/2017

Last Buyer's Agent

Ubaldo 'Max' Garza

Anderson Walker Real Estate License #01756832

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1971

Lot Details

  • 0.46 Acre Lot
  • Fenced Yard
  • Corner Lot

Parking

  • Carport

Home Design

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

Interior Spaces

  • 13,272 Sq Ft Home
  • 2-Story Property
  • Leased Washer and Dryer

Bedrooms and Bathrooms

  • 32 Bedrooms
  • 16 Bathrooms

Utilities

  • Central Air

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV

Community Details

Overview

  • 2 Buildings
  • 16 Units

Building Details

  • Gross Income $156,388

Property Details

Home Type

Multi-Family

Year Built

Built in 1971

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: 16 Units & More
  • Price Per Square Foot: 101.72
  • Year Built Exception: 0
  • Stories: Two
  • Leased Equipment: Washer/Dryer (s)
  • Special Features: None
  • Year Built: 1971

Interior Features

  • Dishwasher: All Units
  • Disposal: All units
  • Fireplace: None
  • Refrigerator: All Units
  • Stove: All units
  • Bathrooms: 16.00
  • Bedrooms: 32
  • Facilities: Play Yard, Utility Room
  • Square Footage: 13272.00

Exterior Features

  • Yard: Fenced, Mature Landcsape
  • Roofing: Composition
  • Exterior: Stucco, Wood
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Carport

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Association/Amenities

  • Site Amenities: Corner

Lot Info

  • Acres: 0.4554
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 19836.00
  • Price Per Acre: 2964426.88

Building Info

  • Year Built: 1971

Rental Info

  • TenantPays: Electricity, Gas, Cable TV

Multi Family

  • Annual Income: 156387.50
  • IncomeIncludes: Unit Rent, Laundry
  • Total Units: 16

MLS Schools

  • School District 2: Clovis Unified
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/15/2018 10/15/18 Sold $1,350,000 0.0% $102 / Sq Ft
08/17/2018 08/17/18 Pending -- -- --
01/04/2017 01/04/17 For Sale $1,350,000 -- $102 / Sq Ft
Source: Fresno MLS

Tax History

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 $12,110 $1,020,880 $53,060 $967,820
2023 $11,879 $981,240 $51,000 $930,240
2022 $8,102 $675,000 $55,000 $620,000
2021 $7,621 $640,000 $54,000 $586,000
2020 $7,493 $625,000 $48,000 $577,000
2019 $8,037 $671,000 $48,000 $623,000
2018 $6,003 $542,357 $53,080 $489,277
2017 $6,392 $531,724 $52,040 $479,684
2016 $5,523 $465,000 $42,000 $423,000
2015 $5,521 $465,000 $42,000 $423,000
2014 $5,236 $440,000 $40,000 $400,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Fresno MLS

MLS Number: 475277

Fresno MLS