NOT LISTED FOR SALE

1504 Pierce Dr Clovis, CA 93612

12 Beds
12 Baths
7,500 Sq Ft
0.37 Acres

Last Sold May 22, 2023

Last sale price $1,450,000 $193 Per Sq Ft

62 Days on Market

Highlights

  • 0.37 Acre Lot
  • Multiple Fireplaces
  • Central Air
  • Clark Intermediate School Rated A
  • Second Dishwasher
  • Wood Siding

About This Home

As of May 2023

6-unit complex in Clovis, California offers a fantastic investment opportunity for those looking for a turnkey property. The complex is fully occupied and in great condition, featuring units with 2/2 and 2/1.5, private patios, and attached garages. The inviting living room in each unit boasts a cozy fireplace, perfect for creating a warm and welcoming atmosphere. The 2-front units are 2/2, spacious, single-level units, while the 4-rear units are 2/1.5 and offer a townhouse-style layout for added variety.This prime location complex is situated in the highly-regarded Clovis Unified School District and is within walking distance to an array of restaurants and entertainment options. This complex is perfect for tenants looking for a convenient and comfortable place to call home.The property displays a clear pride of ownership, and with its numerous tenant amenities, it is sure to add value to any real estate portfolio. This is a chance to own a valuable income-generating property in a sought-after area, don't miss out on this opportunity!Please do not walk the grounds or disturb the tenants. AGENTS please read agent remarks.

Last Agent to Sell the Property

Roy Cordova

Fresno Income Properties License #01944933 Listed on: 01/28/2023

Co-Listed By

Paul Gestic

Fresno Income Properties License #01376488

Last Buyer's Agent

Rama Ambati

Ambati Properties License #00919580

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1979

Lot Details

  • 0.37

Parking

  • Uncovered Parking

Home Design

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

Interior Spaces

  • 7,500 Sq Ft Home
  • 2-Story Property
  • Multiple Fireplaces

Kitchen

  • Second Stove
  • Second Dishwasher

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 12 Bathrooms

Additional Features

  • 0.37 Acre Lot
  • Central Air

Listing and Financial Details

  • Tenant pays for electricity, gas, cable TV

Community Details

Overview

  • 2 Buildings
  • 6 Units

Building Details

  • Gross Income $118,920

Property Details

Home Type

Multi-Family

Year Built

Built in 1979

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: 5 to 15 Units
  • Price Per Square Foot: 193.33
  • Year Built Exception: 0
  • Stories: Two
  • Special Features: None
  • Year Built: 1979

Interior Features

  • Dishwasher: More than One unit
  • Disposal: More than One Unit
  • Fireplace: More than One Unit
  • Refrigerator: More than One Unit
  • Stove: More than One unit
  • Bathrooms: 12.00
  • Bedrooms: 12
  • Square Footage: 7500.00

Exterior Features

  • Roofing: Composition
  • Exterior: Stucco, Wood
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Uncovered

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: 0.3677
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 16019.00
  • Price Per Acre: 3943432.15

Building Info

  • Year Built: 1979

Rental Info

  • TenantPays: Electricity, Gas, Cable TV

Multi Family

  • Annual Income: 118920.00
  • IncomeIncludes: Unit Rent, Month to Month, Lease, Both
  • Total Units: 6

MLS Schools

  • School District 2: Clovis Unified

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

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 Prior Sale
05/22/2023 05/22/23 Sold $1,450,000 -6.5% $193 / Sq Ft
03/31/2023 03/31/23 Pending -- -- --
01/28/2023 01/28/23 For Sale $1,550,000 +150.0% $207 / Sq Ft
07/11/2017 07/11/17 Sold $620,000 0.0% $83 / Sq Ft View Prior Sale
07/05/2017 07/05/17 Pending -- -- --
03/02/2017 03/02/17 For Sale $620,000 -- $83 / Sq Ft
Source: Fresno MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Roy Cordova

    Seller's Agent in 2023

    Roy Cordova

    Fresno Income Properties

    (559) 317-4380

    5 in this area

    68 Total Sales

    Roy Cordova
    Section Image
  • Paul Gestic

    Seller Co-Listing Agent in 2023

    Paul Gestic

    Fresno Income Properties

    (559) 438-9425

    11 in this area

    137 Total Sales

    Paul Gestic
    Section Image
  • Rama Ambati

    Buyer's Agent in 2023

    Rama Ambati

    Ambati Properties

    (559) 360-6036

    20 in this area

    95 Total Sales

    Rama Ambati
    Section Image

  • J

    Seller's Agent in 2017

    John Kang

    Intero Real Estate Services

    Section Image
See All Agents

Map

Source: Fresno MLS

MLS Number: 589925

Fresno MLS
California Fresno County Clovis 93612

1504 Pierce Dr, Clovis, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Fresno MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes