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Property profile & analytics
OFF-MARKET
Estimated value
$2,030,000
Apartment buildings
1055 Helm Ave Clovis, CA 93612-1527
Individually Owned
3-yr Hold
~
Est. High Equity
Property ID
US10-2514250
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1973
Construction
WOOD
Total area
17,000 SF
Lot
1.15 ac (50,094 SF)
Zoning code
R4
APN
420-142-13
UPID
US10-2514250
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.21M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.68M
Blend (final)
Blend
$2.03M
Owner & transaction history
David H Hussain · 3 yrs held
David H Hussain
since 2022
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
R4 · Clovis, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$3.3M
+48.6%
Retail stores
$3.3M
+47.9%
Auto repair, garage
$2.5M
+11.9%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Clovis submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Clovis submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,070,000
ML approach
$2,205,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$2,230,000
Current use
MEDICAL BUILDING
$3,315,000
Change: +49% · Conversion: Moderate
RETAIL STORES
$3,300,000
Change: +48% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,495,000
Change: +12% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,810,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$2.03M
Range $1.83M – $2.23M · ±10% · vs last sale $1.93M (Oct 7 2022)
Last sale anchor
$1.93M
Oct 7 2022
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$119 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2023Property tax & assessments
Tax year 2023
Tax billed
$24,900
Tax year 2023
Assessed value
$2,086,123
Assessed 2023
Previous assessed
$2,086,123
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$259,918
Assessed improvement
$1,826,205
Applied tax rate
1.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1973
Construction
WOOD
Heating
NONE
Cooling
REFRIGERATOR
Stories
1
Units
26
Bathrooms
26
Total area
17,000 SF
Lot
1.15 ac (50,094 SF)
Zoning code
R4
APN
420-142-13
UPID
US10-2514250
Jurisdiction
FRESNO
Zoning & alternative use
R4 · Clovis, CAZoning R4 · permitted uses
R4 · Clovis, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$2.2M
MEDICAL BUILDING
Est. value
$3.3M
RETAIL STORES
Est. value
$3.3M
AUTO REPAIR, GARAGE
Est. value
$2.5M
INDUSTRIAL (GENERAL)
Est. value
$1.8M
APARTMENT HOUSE (5+ UNITS) Current
MEDICAL BUILDING
RETAIL STORES
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1973
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Units
26
Bathrooms
26
Lot
1.15 ac
Current owner
From public records · entity-resolved
David H Hussain
Individual
Mailing address
11263 N GLASGOW DR, FRESNO, CA 93730-7032
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
23 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 7, 2022
—
David H Hussain
David H Hussain
Intrafamily Transfer
related
$2,300,000 · Mechanics Bank
Oct 26, 2020
—
David H Hussain
Kholoud K Dablan
Deed
related
$1,730,600 · Banner Bank
Feb 9, 2018
$1,925,000
David H Hussaiao
Alder River LLC
Grant Deed
$1,350,000 · Banner Bank
Jun 27, 2016
—
Alder River LLC
—
Deed
related
$800,000 · Wells Fargo Bank NA
Sep 27, 2013
—
Alder River LLC
Tfs Invs LLC
Grant Deed
—
Aug 15, 2013
—
Tfs Invs LLC
—
Trustees Deed
related
$825,000 · Iron Bridge Mortgage Fund LLC
May 30, 2013
—
Tfs Invs LLC
California Reconveyance Co
Trustees Deed
related
—
Mar 8, 2010
—
Nancy Peinado
Peinado,manuel D
Affidavit Of Death
related
—
Oct 1, 2009
—
Owner Name Unavailable
Owner Name Unavailable
Quit Claim Deed
related
—
Jun 6, 2008
$1,800,000
Manuel J Peinado
James Rando
Grant Deed
$1,137,500 · Washington Mutual Bank
Jun 30, 2006
$1,610,000
James Rando
Corey Farr
Grant Deed
—
Jun 30, 2006
—
Larry A Scaglione
Obrien,jean
Grant Deed
related
—
Oct 28, 2005
$590,000
Corey Farr
Wickersham,joe
Grant Deed
—
Oct 28, 2005
—
Corey Farr
Farr,heidi C
Quit Claim Deed
related
—
Sep 7, 2005
$420,000
Joe Wickersham
Portale,mario & Linda
Grant Deed
—
Jun 14, 2005
—
Mario Portale
Portale,mario & Linda
Quit Claim Deed
related
—
May 2, 2002
—
Mario Portale
Wickersham,joe
Grant Deed
$455,000 · Washington Mutual Fsb
May 1, 2001
$610,000
Mario Portole
Lucindo,samuel A & Linda A
Grant Deed
$500,000 · Samuel A & Linda A
Dec 24, 1992
$710,000
Helm Inv Assoc
Chen,stanley
Grant Deed
$461,500 · Home Savings Of America
Jun 19, 1992
$40,000
Chen Y Wang
Tan,larry K
Grant Deed
—
Mar 13, 1990
$205,000
Larary K Tan
Lucido,samuel A
Grant Deed
related
$104,515
—
—
Tfs Investments LLC
—
Deed Of Trust
related
$1,000,000 · Fresno First Bank
—
—
Peinado Family Trust
—
Deed Of Trust
related
$205,000 · Jim Mcmahon
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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