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Property profile & analytics
FOR SALE
Apartment buildings
571 W Ashlan Ave Clovis, CA 93612
Trust Owned
3-yr Hold
Free & Clear
Property ID
US10-3119497
For Sale
1 / 8
$889,950
571 W Ashlan Ave, Clovis, CA 93612
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1978
Construction
WOOD
Total area
4,783 SF
Lot
0.19 ac (8,160 SF)
Zoning code
R3
APN
430-632-28
UPID
US10-3119497
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
The Maresh Revocable Living Trust · 3 yrs held
The Maresh Revocable Living Trust
since 2023
Last sale
$345,000
7 recorded transactions
Zoning & alternative use
R3 · Clovis, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,089
Tax year 2023
Assessed value
$406,491
Assessed 2023
Previous assessed
$406,491
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$43,592
Assessed improvement
$362,899
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
For Sale
Year built
1978
Construction
WOOD
Heating
NONE
Cooling
REFRIGERATOR
Stories
2
Units
5
Bathrooms
6
Total area
4,783 SF
Lot
0.19 ac (8,160 SF)
Zoning code
R3
APN
430-632-28
UPID
US10-3119497
Jurisdiction
FRESNO
Zoning & alternative use
R3 · Clovis, CA
Zoning R3 · permitted uses
R3 · Clovis, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Clovis. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1978
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
2
Units
5
Bathrooms
6
Lot
0.19 ac
Current owner
From public records · entity-resolved
The Maresh Revocable Living Trust
Trust
Free & Clear · 3 yrs held
Mailing address
5782 WOODBORO DR, HUNTINGTON BEACH, CA 92649-4950
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 24, 2023
—
The Maresh Revocable Living Trust
Dana Maresh
Intrafamily Transfer
related
—
Aug 16, 2013
$345,000
Dana Maresh
Jackson W L & J J Trust
Grant Deed
—
Sep 22, 2008
—
Jackson William & J J Trust
Jackson,jacqueline J
Quit Claim Deed
related
—
Mar 30, 2006
—
Jackie Jackson
Jackson,william
Quit Claim Deed
related
—
Mar 30, 2006
$530,000
Jacqueline J Jackson
Mcallister,edward L
Grant Deed
—
Apr 28, 2000
$30,000
Edward L Mcallister
Laule Trust
Grant Deed
related
—
Aug 16, 1994
$158,500
Laule Trust
Le Roux Trust
Grant Deed
$108,000 · American Savings Bank
Jul 17, 1990
$159,100
Leroux,trust
Yelton,ronald J
Grant Deed
—
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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