NOT LISTED FOR SALE

1240 Pierce Dr Clovis, CA 93612

8 Beds
6 Baths
4,858 Sq Ft
0.33 Acres

Last Sold July 16, 2015

Last sale price $540,000 $111 Per Sq Ft

16 Days on Market

Highlights

  • Fenced Yard
  • 1-Story Property
  • Garage
  • Clark Intermediate School Rated A
  • Central Air

About This Home

As of July 2015

Fantastic Investment in Clovis. This 5-plex is in great condition and is nestled in a Residential neighborhood which is very desirable. There are a total of three single story structures, so they feel more like Condo's then apartments. Each unit has its own attached 2 car garage, inside utility and fireplace. One of the building has two bedroom and 2 baths that is separate from others, which is perfect for an Owner Occupied who wants to live there and have the 4 other rental units pay for the expenses and more. Unit size varies and there are two units that have two bedrooms and one baths. There is also two units that have one bedroom and one bath. Complex is always full and will rent within a week if a unit becomes vacant. Very desirable location, neighborhood and investment. This is a winner and a unique investment property which will greatly appeal to a prudent investor. Existing tenants are not to be disturbed.

Last Agent to Sell the Property

Anthony Gamber

Realty Concepts, Ltd. - Fresno License #00706490 Listed on: 05/20/2015

Realty Concepts, Ltd. - Fresno

Last Buyer's Agent

Joann Loforti

Realty Concepts II/ REFERRAL License #01945569

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1977

Lot Details

  • 0.33 Acre Lot
  • Fenced Yard
  • Sprinkler System

Parking

  • Garage

Home Design

  • Composition Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 4,858 Sq Ft Home
  • 1-Story Property

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 6 Bathrooms

Utilities

  • Central Air

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV

Community Details

Overview

  • 3 Buildings
  • 5 Units

Building Details

  • Gross Income $50,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1977

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: 5 to 15 Units
  • Price Per Square Foot: 111.16
  • Year Built Exception: 0
  • Stories: One
  • Unique Conditions: 1031 Exchange
  • Special Features: None
  • Year Built: 1977

Interior Features

  • Dishwasher: All Units
  • Disposal: All units
  • Fireplace: All Units
  • Refrigerator: All Units
  • Stove: All units
  • Bathrooms: 6.00
  • Bedrooms: 8
  • Square Footage: 4858.00

Exterior Features

  • Yard: Sprinkler - Auto, Fenced, Mature Landcsape
  • Roofing: Composition
  • Exterior: Stucco
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Garage, More than One Space

Utilities

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

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.3271
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 14250.00
  • Price Per Acre: 1650871.29

Building Info

  • Year Built: 1977

Rental Info

  • TenantPays: Electricity, Gas, Cable TV

Multi Family

  • Annual Income: 50100.00
  • IncomeIncludes: Unit Rent, Month to Month, Lease
  • Total Units: 5

MLS Schools

  • School District 2: Clovis Unified

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Average Value
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List Price
Sold Price
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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
07/16/2015 07/16/15 Sold $540,000 0.0% $111 / Sq Ft
06/05/2015 06/05/15 Pending -- -- --
05/20/2015 05/20/15 For Sale $540,000 -- $111 / Sq Ft
Source: Fresno MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Anthony Gamber

    Seller's Agent in 2015

    Anthony Gamber

    Realty Concepts, Ltd. - Fresno

    (559) 307-4646

    5 in this area

    62 Total Sales

    Anthony Gamber
    Section Image

  • J

    Buyer's Agent in 2015

    Joann Loforti

    Realty Concepts II/ REFERRAL

See All Agents

Map

Source: Fresno MLS

MLS Number: 444751

Fresno MLS
California Fresno County Clovis 93612

1240 Pierce Dr, Clovis, CA

Not Listed for Sale

MultiFamily

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