1228 Jefferson Avenue, Clovis, CA 93612
Local realty services provided by:ERA Valley Pro Realty
1228 Jefferson Avenue,Clovis, CA 93612
$2,995,000
- 32 Beds
- - Baths
- 12,000 sq. ft.
- Multi-family
- Active
Listed by: jin kim
Office: the jkre investment group
MLS#:642577
Source:CA_FMLS
Price summary
- Price:$2,995,000
- Price per sq. ft.:$249.58
About this home
This well-maintained 16-unit multifamily property, located in the highly sought-after city of Clovis, presents an exceptional investment opportunity with both strong in-place income and future upside. The property is currently generating approximately $16,572 per month in gross rents, with clear potential to increase income by aligning rents with current market rates.<br><br>Comprised of sixteen spacious 2-bedroom, 1-bathroom unitseach approximately 750 square feetthe property is in turnkey condition, offering minimal maintenance needs and a smooth transition for new ownership. An on-site laundry facility provides added convenience for tenants and an additional income stream for the owner.<br><br>Set in a prime location with high rental demand, this asset offers investors immediate cash flow along with the opportunity for long-term appreciation and value growth. Don't miss the chance to acquire a consistent, high-performing asset in one of the Central Valley's most desirable rental markets....
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Home facts
- Year built:1965
- Listing ID #:642577
- Added:64 day(s) ago
- Updated:March 15, 2026 at 02:51 PM
Rooms and interior
- Bedrooms:32
- Living area:12,000 sq. ft.
Heating and cooling
- Cooling:Central Heat/Cool
Structure and exterior
- Roof:Metal, Rolled/Hot Mop
- Year built:1965
- Building area:12,000 sq. ft.
- Lot area:0.62 Acres
- Construction Materials:Stucco
- Foundation Description:Concrete Perimeter
- Levels:2 Story
Utilities
- Water:Public
Finances and disclosures
- Price:$2,995,000
- Price per sq. ft.:$249.58
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