Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    69 W Beverly Dr, Unit 101 Clovis, CA 93612

    Sponsored
    For Sale
    $1,225,000

    MULTI_FAMILY - Clovis, CA

    Property size:
    4,160 SF
    Lot size:
    0.31 Acres
    Days on Market:
    41
    Last Refresh:
    Jan 26 at 4:06 am

    Property Features for 69 W Beverly Dr

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Bedroom 11, Bedroom 5, Bedroom 1, Bathroom 3, Bedroom 3, Bathroom 4, Bathroom 1, Bedroom 8, Bedroom 4, Bathroom 2, Bathroom 6, Bedroom 10, Bathroom 5, Bedroom 9, Bedroom 6, Bedroom 7, Bedroom 2
    Bedrooms
    11
    Bathrooms
    6
    APN
    49716009
    Parking features
    Carport
    Exterior features
    Stucco, Wood
    Size
    4,160 SF
    Lot size
    0.31 Acres

    Building Details

    Year built
    1980
    Floors in Building
    2
    Number of units
    5
    Roof type
    Composition

    We can help!

    Listing Contact
    Jared Martin
    Jared Martin

    Keller Williams Fresno

    Listing agent Jennifer Martin

    Listing date Dec 17, 2025

    MLS# 634422 Listing URL

    Copyright © 2026 Fresno Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Clovis Multifamily Investment Opportunity

    This 5-unit multifamily residential complex is located in Clovis, California. The property features one 3-bedroom, 2-bathroom unit and four 2-bedroom, 1-bathroom units. Recent renovations include new cabinets, countertops, flooring, doors, bath and shower enclosures, and energy-efficient windows. The property is located in the Clovis High School attendance area, near the Walmart Supercenter, Freeway 168, Rotary Park, Old Town Clovis, the Farmers Market, and Sierra Vista Elementary School. The lot size is 0.3099 acres and the property size is 4160 square feet. This property is intended for use as a multi-family residential complex and is an investment opportunity.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Realty agency Restaurant Dental Office Spa & Massage Hair Salon Clothing Store Nail Salon Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Clovis
    County
    Fresno
    State
    California
    Longitude
    -119.710462
    Latitude
    36.813261

    Nearby Similar for Sale

    • $1,790,900
      11,580 SF

      Clovis Commercial Property for Sale

      Commercial property in Clovis, CA, available for purchase.
      1629 Pollasky Ave, Clovis, CA 93612
      View Details
    • $6,000,000
      Pending

      Clovis Land with Income Potential

      1638.1 acres of grazing land with cell tower leases.
      Auberry Rd, Clovis, CA 93619
      View Details
    • $1,950,000
      39,204 SF

      Retail Property in Clovis, CA

      Retail property available for sale in Clovis, California.
      1886 N Leonard Ave, Clovis, CA 93619
      View Details
    • $40,000
      1,000 SF

      Retail Space in Clovis, CA

      Retail property for sale in Clovis, California.
      Clovis, CA 93612
      View Details
    • $625,000
      2,158 SF

      Clovis Duplex Near Amenities

      Updated duplex in central Clovis near schools and shopping.
      593 W Alamos Ave, Clovis, CA 93612
      View Details
    • $1,280,000
      4,580 SF

      Modern Industrial/Flex Space in Clovis

      Built in 2021, ideal for industrial or flex space.
      587 Park Creek Dr, Clovis, CA 93611
      View Details
    • $310,000
      1,371 SF

      Clovis Condominium with Upgrades

      Rare 3-bedroom Clovis condo with remodeled kitchen and community amenities.
      1454 Mayflower Way, Clovis, CA 93612
      View Details
    • $910,000

      Clovis Multifamily Investment Opportunity

      Well-maintained 5-unit apartment building in high-demand Clovis location.
      541 W Ashlan Ave, Clovis, CA 93612
      View Details
    • $469,000
      1,979 SF

      Gated Community Home in Clovis

      Well-maintained home in gated community, Clovis Unified School District.
      640 W Casanova Ln, Clovis, CA 93619
      View Details
    • $4,310,000
      12,250 SF

      Retail Building in Clovis, CA

      12,250 SF retail building with nine tenants for sale.
      240 W Shaw Ave, Clovis, CA 93612
      View Details
    • $4,000,000
      9,630 SF

      Leased Office Building For Sale

      Turnkey, fully leased office building in Clovis, California.
      2525 Alluvial Ave, Clovis, CA 93611
      View Details
    • $425,000
      2,178 SF

      Restaurant and Bar Opportunity

      Restaurant and bar building with ample parking for sale.
      23117 Tollhouse Rd, Clovis, CA 93619
      View Details

    FAQs

    What type of property is this?
    Apartment building - Turnkey 5-unit multifamily property in Clovis, CA with recent renovations.
    Where is this apartment building located?
    The property is located at 69 W Beverly Dr, Unit 101 Clovis, CA.
    What is the asking price?
    The asking price for this property is $1,225,000.
    What are key features of this property?
    This property features: - Turnkey 5-unit multi-family income property featuring one 3-bedroom/2-bathroom unit and four 2-bedroom/1-bathroom units.; - Located in the highly desirable Clovis High School attendance area.; - Recent high-quality renovations throughout, including new cabinets, countertops, flooring, doors, bath/shower enclosures, and energy-efficient windows.
    (559) 320-0611
    Request Owner's contact information
    69 W Beverly Dr, Unit 101 Clovis, CA 93612
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    69 W Beverly Dr, Unit 101
    Clovis, CA 93612
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    69 W Beverly Dr, Unit 101 Clovis, CA 93612
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jared Martin
    Jared Martin
    Real Estate License ID: 01319553
    (559) 320-0611
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.