| Summary | National Percentile | Rank vs Metro |
|---|---|---|
| Housing | 58th | Fair |
| Demographics | 31st | Fair |
| Amenities | 74th | Best |
Multifamily Valuation
| Property Details | |
|---|---|
| Address | 2127 Peach Ave, Clovis, CA, 93612, US |
| Region / Metro | Clovis |
| Year of Construction | 1973 |
| Units | 60 |
| Transaction Date | --- |
| Transaction Price | --- |
| Buyer | --- |
| Seller | --- |
2127 Peach Ave, Clovis CA Multifamily Investment
Neighborhood occupancy in this inner-suburb cluster trends in the mid-90s, supporting stable leasing dynamics according to WDSuite’s CRE market data. The area’s renter concentration and daily-needs amenities point to durable demand for a 60-unit asset.
The property sits within an Inner Suburb cluster of the Fresno metro with an A- neighborhood rating and a rank of 50 out of 246 neighborhoods, placing it in the top quartile among Fresno submarkets by overall score. Local livability is driven by strong daily-needs coverage: grocery and pharmacy access rank competitively in the metro and both trend in the upper national percentiles, which supports resident retention and day-to-day convenience.
Rents in the neighborhood track above the national median for similar areas, and neighborhood occupancy is strong (measured for the neighborhood, not the property). A renter-occupied share around the high-50% range indicates a meaningful base of renter households, which typically supports multifamily absorption and renewals.
Within a 3-mile radius, demographics show recent population growth with additional household gains expected over the next five years, suggesting a larger tenant base over time. Forecasts also indicate rising household incomes in the radius, which can help sustain rent levels while supporting lease stability.
Schools in this cluster trend below national averages, and home values are moderate by national context. More accessible ownership options can create some competition with rentals, but the area’s amenity access and solid neighborhood occupancy help underpin demand. Vintage stock in this neighborhood averages mid-1970s; at 1973, the subject’s vintage is slightly older than average, which points to potential value-add or capital planning opportunities to remain competitive against nearby 1970s product.
Safety signals are mixed. Nationally, the neighborhood sits in the top quartile for safety compared with neighborhoods across the country, according to WDSuite. At the metro level, the neighborhood’s crime rank is 8 out of 246 Fresno neighborhoods (a lower rank indicates higher crime), so local results warrant ongoing monitoring and property-level security best practices.
Trend-wise, recent WDSuite indicators show year-over-year declines in both violent and property offenses for the neighborhood, which is constructive for tenant retention and leasing stability. Investors should underwrite to these dynamics with appropriate operating protocols and insurance assumptions while recognizing the improving trend line.
Regional employment access is diversified across food processing and related corporate offices, which can support renter demand through broader hiring pools and commute options. Notable employer nearby includes:
- Con Agra Foods — food processing corporate offices (28.2 miles)
2127 Peach Ave offers a 60-unit, 1973-vintage footprint in an Inner Suburb neighborhood that ranks in the top quartile within the Fresno metro. Neighborhood occupancy trends in the mid-90s and renter households make up a majority share locally, supporting depth of demand and ongoing leasing, based on CRE market data from WDSuite. The asset’s slightly older vintage suggests scope for targeted renovations or systems upgrades to enhance competitiveness versus nearby mid-1970s stock.
Within a 3-mile radius, recent population growth and projected increases in households point to a gradually expanding renter pool. Daily-needs amenities are strong for groceries and pharmacies, helping resident satisfaction and lease retention. Key risks to underwrite include below-average school ratings and mixed safety signals at the metro-comparison level, balanced by improving crime trends and solid neighborhood occupancy.
- Top-quartile neighborhood rank in Fresno with stable, high neighborhood occupancy
- Majority renter-occupied neighborhood supports tenant base depth and renewals
- 1973 vintage offers value-add and capital planning potential to strengthen positioning
- Strong grocery and pharmacy access supports livability and retention
- Risks: below-average school ratings and locally higher crime rank vs. metro peers; monitor and manage with security and leasing strategies