This well-maintained 16-unit property located in the highly desirable city of Clovis presents a fantastic investment opportunity. Current monthly gross rents total $16,572, with significant potential to increase rents to match current market rates. The property is in turnkey condition, requiring minimal maintenance and providing a seamless transition for a new owner. With its prime location and steady income stream, there is significant upside potential for investors to capitalize on the growing demand in the area. The property is comprised of 16 2-bed, 1-bath units, each approximately 750 square feet. Additionally, there is an on-site laundry facility, adding convenience for residents and a potential revenue stream for the property owner. This is an excellent opportunity to acquire a prime asset in a sought-after market, offering both immediate cash flow and future growth potential.
For sale
$3,100,000
1228 Jefferson Ave, Clovis, CA 93612
32beds
16baths
12,000sqft
Est.:
Multi Family
Built in 1965
-- sqft lot
$2,801,600 Zestimate®
$258/sqft
$-- HOA
What's special
- 72 days
- on Zillow |
- 748 |
- 29 |
Zillow last checked: 7 hours ago
Listing updated: March 25, 2025 at 02:23am
Listed by:
Jin Kim DRE #01456017 760-987-5332,
The JKRE Investment Group
Source: Fresno MLS,MLS#: 627413Originating MLS: Fresno MLS
Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 32
- Bathrooms: 16
Heating
- Has Heating (Unspecified Type)
Cooling
- Central Air
Features
- Has fireplace: No
- Fireplace features: None
Interior area
- Total structure area: 12,000
- Total interior livable area: 12,000 sqft
Property
Parking
- Parking features: Carport
- Has carport: Yes
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.62 Acres
- Features: Urban
Details
- Parcel number: 49811016
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Materials
- Stucco
- Foundation: Concrete Perimeter
- Roof: Rolled/Hot Mop,Metal
Condition
- Year built: 1965
Utilities & green energy
- Water: Public
- Utilities for property: Public Utilities
Community & HOA
Community
- Features: Utility Room
Location
- Region: Clovis
Financial & listing details
- Price per square foot: $258/sqft
- Date on market: 3/24/2025
- Listing agreement: Exclusive Right To Sell
- Tenant pays: Electricity, Gas
- Income includes: Unit Rent
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