264 Osmun Avenue, Clovis, CA 93612
Local realty services provided by:Better Homes and Gardens Real Estate GoldLeaf
264 Osmun Avenue,Clovis, CA 93612
$825,000
- 6 Beds
- - Baths
- - sq. ft.
- Multi-family
- Sold
Listed by: jin kim
Office: the jkre investment group
MLS#:647513
Source:CA_FMLS
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Price summary
- Price:$825,000
About this home
Exceptional investment opportunity in the heart of Clovis. This large triplex offers an outstanding opportunity to acquire a well-located multifamily asset that rarely trades in the open market. Situated within the highly sought-after Clovis Unified School District, the property benefits from consistent tenant demand and strong long-term fundamentals. Each of the three units are 2 bed/1.5 bath townhome-style, offering 1,360 square feet of living space, well above the average for the submarket. Each unit also includes a detached single-car garage, a feature tenants value and differentiate this asset from competing rentals.Current rents are estimated to be 25-30% below market, providing a clear and immediate value-add opportunity through straightforward rent increases at turnover.Additionally, the property presents an opportunity to implement a RUBS (Ratio Utility Billing System) program to recapture utility costs currently absorbed by ownership, further improving net operating income.An April 2026 termite inspection report and due diligence folder are available upon request. Do not disturb tenants....
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Home facts
- Year built:1985
- Listing ID #:647513
- Added:44 day(s) ago
- Updated:June 05, 2026 at 06:39 AM
Rooms and interior
- Bedrooms:6
Heating and cooling
- Cooling:Central Heat/Cool
Structure and exterior
- Roof:Composition
- Year built:1985
- Construction Materials:Stucco
- Foundation Description:Concrete Perimeter
- Levels:2 Story
Utilities
- Water:Public
Finances and disclosures
- Price:$825,000
Features and amenities
- Laundry features:In Unit
Parking
- Parking description:Open
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