NOT LISTED FOR SALE

1124 Helm Ave Clovis, CA 93612

32 Beds
16 Baths
13,272 Sq Ft
0.46 Acres Lot

Sale Details

Date 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

  • 19,836 Sq Ft 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

0.46 Acres

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
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