B
Seller's Agent in 2025
Brendan Kane
Brendan Kane Real Estate
581 W Lincoln Ave Clovis, CA 93612
50
Beds
46
Baths
23,164
Sq Ft
40,075
Sq Ft
Highlights
- 0.92 Acre Lot
- Central Air
- Wood Siding
- Clark Intermediate School Rated A
About This Home
As of January 2025The Clovis Portfolio consists of two properties, The Lincoln built in 1987 and Alder built in1964. This offers a savvy long-term investor the opportunity to purchase an asset in thecity of Clovis, one of California's most sought-after community. Below Market Rents: The market rents at both properties are below area comps. Our RentSurvey reveals at least another 35 cents per square foot is available with no additionalupgrades. Value-Add Opportunity: With upgrades, the future owner can achieve rent premiums asmuch as $50.00 to $100.00 per month. Access to Major Employment and Education Centers: The Clovis Portfolio is just eastof California State University- Fresno. To the south is freeway 168.
Last Agent to Sell the Property
Brendan Kane
Brendan Kane Real Estate License #01976828 Listed on: 08/20/2024
Last Buyer's Agent
Brendan Kane
Brendan Kane Real Estate License #01976828 Listed on: 08/20/2024
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1987
Lot Details
- 0.92
Home Design
- Brick Exterior Construction
- Composition Roof
- Wood Siding
Interior Spaces
- 23,164 Sq Ft Home
- Multi-Level Property
Bedrooms and Bathrooms
- 50 Bedrooms
- 46 Bathrooms
Parking
- Carport
- Uncovered Parking
Additional Features
- 0.92 Acre Lot
- Central Air
Listing and Financial Details
- Tenant pays for all utilities
Community Details
Overview
- 4 Buildings
- 27 Units
Building Details
- Gross Income $500,800
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/24/2025 01/24/25 | Sold | $3,250,000 | -33.0% | $140 / Sq Ft |
| 10/18/2024 10/18/24 | Pending | -- | -- | -- |
| 08/20/2024 08/20/24 | For Sale | $4,850,000 | -- | $209 / 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 | $38,325 | $3,235,800 | $220,000 | $3,015,800 |
| 2023 | $25,520 | $2,104,345 | $132,841 | $1,971,504 |
| 2022 | $24,762 | $2,067,036 | $130,237 | $1,936,799 |
| 2021 | $24,007 | $2,020,933 | $127,684 | $1,893,249 |
| 2020 | $23,953 | $2,003,370 | $126,375 | $1,876,995 |
| 2019 | $23,522 | $1,966,762 | $123,898 | $1,842,864 |
| 2018 | $23,021 | $1,928,920 | $121,469 | $1,807,451 |
| 2017 | $22,667 | $1,894,131 | $119,088 | $1,775,043 |
| 2016 | $21,914 | $1,857,778 | $116,753 | $1,741,025 |
| 2015 | $21,481 | $1,377,474 | $104,510 | $1,272,964 |
| 2014 | $16,079 | $1,355,515 | $102,463 | $1,253,052 |
Source: Public Records
Agents Affiliated with this Home
Map
Source: Fresno MLS
MLS Number: 618527
APN: 420-141-14
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