1491 Alluvial, Clovis, CA 93611
Local realty services provided by:Better Homes and Gardens Real Estate Champions
Listed by: jared martin
Office: strong holdings inc559-320-0600
MLS#:FR26207126
Source:CRMLS
Price summary
- Price:$5,950,000
- Price per sq. ft.:$421.33
About this home
An extraordinary investment opportunity in Clovis, CA with a pristine, 2024-built 12-unit multifamily complex. Situated in the highly sought-after Buchanan High School attendance area, a community synonymous with quality education and enduring value, this property represents a rare chance to acquire new, premium construction. What sets it apart even further is the inclusion of owned solar panels, a forward-thinking feature that significantly reduces energy expenses and enhances long-term profitability.
The property presents a blend of unit types. You'll find two generously sized 3-bedroom, 2-bathroom residences, each paired with a convenient 1-car detached garage. Alongside these are ten stylish 2-bedroom, 2-bathroom units, each also boasting its own dedicated 1-car detached garage. Every apartment is equipped with in-unit laundry hookups, a must-have amenity for modern tenants.
The strategic location is a story in itself, offering residents a lifestyle of ease and connectivity. The walkability to Century Elementary School. Moreover, the close proximity to the California Health Sciences University (CHSU) College of Osteopathic Medicine, Clovis Community Hospital, Dry Creek Park, Clovis Botanical Garden, and major transportation routes like Highway 168 ensures that work, healthcare, and travel are all within easy reach. Daily conveniences are just a short trip away, with Save Mart and Vons serving the neighborhood's needs.
Financially, this turnkey 2024 development is positioned for success. Based on owner-provided figures, the estimated gross annual rental income reaches $358,080, with an anticipated net operating income (NOI) of $239,914. The owned solar system isn't just an amenity; it's a strategic asset that contributes directly to the property's financial performance and appeal. This is your moment to acquire a high-quality, strategically located multifamily asset in a dynamic and high-demand Central Valley market....
Contact an agent
Home facts
- Year built:2024
- Listing ID #:FR26207126
- Added:1 day(s) ago
- Updated:October 23, 2026 at 11:44 AM
Rooms and interior
- Living area:14,122 sq. ft.
Heating and cooling
- Cooling:Central Air
- Heating:Central
- Central air:Yes
Structure and exterior
- Roof:Spanish Tile
- Year built:2024
- Building area:14,122 sq. ft.
- Lot area:1.04 Acres
- Levels:2 Story
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$5,950,000
- Price per sq. ft.:$421.33
Features and amenities
- Laundry features:Inside
Parking
- Total parking spaces:27
- Parking description:Asphalt, Door-Single, Garage
- Garage:Yes
- Garage spaces:12
New listings near 1491 Alluvial
- New
$3,700Active5 beds -- baths3,288 sq. ft.3278 Magnolia Avenue, Clovis, CA 93611
MLS# 657132Listed by: ZSTATE REALTY INC. - Open Sun, 1 to 4pmNew
$700,000Active4 beds -- baths2,700 sq. ft.3965 Buckingham Avenue, Clovis, CA 93619
MLS# 657133Listed by: REAL BROKER - Open Sat, 11am to 2pmNew
$615,000Active4 beds -- baths2,064 sq. ft.3135 Holly Avenue, Clovis, CA 93611
MLS# 657109Listed by: ROA CALIFORNIA INC. - New
$585,000Active3 beds -- baths2,148 sq. ft.3242 Simental Avenue, Clovis, CA 93619
MLS# 657121Listed by: REAL BROKER - Open Sat, 2 to 4pmNew
$425,000Active3 beds 3 baths1,955 sq. ft.927 Palo Alto, Clovis, CA 93612
MLS# FR26228227Listed by: CENTRAL CALIFORNIA REAL ESTATE PROS - Open Sat, 2 to 4pmNew
$505,000Active4 beds -- baths2,240 sq. ft.3360 La Mirada Avenue, Clovis, CA 93619
MLS# 656983Listed by: 3D REALTY - New
$399,900Active3 beds -- baths1,248 sq. ft.1498 Escalon Avenue, Clovis, CA 93611
MLS# 657114Listed by: SAVVY ENTERPRISES - New
$5,950,000Active8 beds 8 baths1491 Alluvial, Clovis, CA 93611
MLS# FR26207126Listed by: STRONG HOLDINGS INC - Open Sat, 11am to 1pmNew
$1,025,000Active6 beds -- baths4,549 sq. ft.2433 Trenton Avenue, Clovis, CA 93619
MLS# 656955Listed by: LINEAGE PROPERTIES