$3,100,000

1228 Jefferson Ave Clovis, CA 93612

Estimated payment $19,616/month

Total Views 15,611
32 Beds
16 Baths
12,000 Sq Ft
$258 Price per Sq Ft

Highlights

  • 0.62 Acre Lot
  • Jefferson Elementary School Rated 9+
  • Central Air

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.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.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.

Listing Agent

Jin Kim

The JKRE Investment Group License #01456017 Listed on: 03/24/2025

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Parking

  • Carport

Home Design

  • Metal Roof
  • Concrete Perimeter Foundation
  • Stucco

Interior Spaces

  • 12,000 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 32 Bedrooms
  • 16 Bathrooms

Additional Features

  • 0.62 Acre Lot
  • Central Air

Community Details

  • 16 Units
  • Gross Income $198,864

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Type: Multi Family
  • Property Sub Type: 16 Units & More
  • Price Per Square Foot: 258.33
  • Year Built Exception: 0
  • Stories: Two
  • Special Features: None
  • Year Built: 1965

Interior Features

  • Fireplace: None
  • Bathrooms: 16.00
  • Bedrooms: 32
  • Facilities: Utility Room
  • Square Footage: 12000.00

Exterior Features

  • Roofing: Rolled Comp, Metal
  • Exterior: Stucco
  • Foundation: Concrete Perimeter

Garage/Parking

  • Additional Parking: Carport

Utilities

  • Gas And Electric: Public Utilities
  • Sewer/Water: Public Water
  • Heat/Cool: Central Heat/Cool

Condo/Co-op/Association

  • Association: Fresno MLS

Lot Info

  • Acres: 0.6245
  • Lot Measurement: Square Feet
  • Lot Size Sq Ft: 27202.00
  • Price Per Acre: 4963971.18

Building Info

  • Year Built: 1965

Rental Info

  • TenantPays: Electricity, Gas

Multi Family

  • Annual Income: 198864.00
  • IncomeIncludes: Unit Rent
  • Total Units: 16

MLS Schools

  • School District 2: Clovis Unified

Map

Range of Values:

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Average Value
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 For Sale $3,100,000 -- $258 / Sq Ft
Source: Fresno MLS

Source: Fresno MLS

MLS Number: 627413

Fresno MLS
California Fresno County Clovis 93612

1228 Jefferson Ave, Clovis, CA

This home is located at 1228 Jefferson Ave, Clovis, CA 93612 and is currently priced at $3,100,000, approximately $258 per square foot. This property was built in 1965. 1228 Jefferson Ave is a home located in Fresno County with nearby schools including Jefferson Elementary School, Clark Intermediate School, and Clovis High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Fresno MLS IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

Nearby Homes
Listing Agent
Jin Kim
Section Image
The JKRE Investment Group
(559) 468-3215