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581 W Ashlan Ave

Clovis, CA 93612

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$929,900

10 bd
  |  
6 ba
  |  
4,783 sq ft
  |  
0.21 acre

581 W Ashlan Ave

Clovis, CA 93612

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Listed On: 11/04/2025
Status: Active
Listing Number: 639478 (Fresno MLS)

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Presented By:

London Properties Investment Group
London Properties Investment Group 559.436.4065 Email Agent
Property Description
This well-maintained 5-plex is ideally located in a prime Clovis neighborhood, offering convenient access to schools, shopping, dining, and public transportation. The property features a desirable mix of units and a proven rental history, making it a strong addition to any investment portfolio. Recent improvements include granite countertops in all kitchens, tile flooring in kitchens and most bathrooms, and updated appliances including refrigerators, stoves, and dishwashers. The front unit offers a spacious 2-bedroom, 2-bath layout with a cozy fireplace and in-unit laundry. The remaining four units are 2-bedroom, 1-bath layouts (two are townhome-style units and two are located above the carports.) With current gross rents totaling approximately $6,100 per month, estimated to be about 20% below market, this property offers consistent income and clear potential for increased returns. Please do not walk the property or disturb tenants. All offers should be written subject to interior inspection.
Property Type
Multi Family
Property Subtype 1
5 to 15 Units
Year Built
1979
Region
Suburban
Stories
Two
Total Units
5
Price Per Square Foot
$194
Price Per Acre
$4,384,253
Days On Market
22
Cumulative Days On Market
22
County
Fresno
REO / Bank Owned
No
Cross Street Address
Ashlan/Peach
Directions
From 168, take Ashlan east, pass Willow and 581 W Ashlan is on lefthand side.
Heat / Cool
Central Heat/Cool
Roofing
Composition
Foundation
Concrete Perimeter
Fireplace
One Unit
Exterior
Stucco
Gas & Electric
Public Utilities
Sewer / Water
Public Water
APN
430 632 27 [PARCEL MAP]
School District
Fresno Unified
School Type 1
High School
School Name 1
Hoover
School Type 2
Junior High School
School Name 2
Ahwahnee
School Type 3
Grade School
School Name 3
Viking
Tenant Pays
Electricity, Gas
Income Includes
Unit Rent
Annual Income
73416.00
Expenses Include
None
Sources of Inc / Exp
Owner

Courtesy of Jin Kim, The JKRE Investment Group - Jeff@JKREgroup.com
Last modified 3 weeks ago
Fresno MLS last checked for updates 1 minute ago

The data relating to real estate for sale on this web site comes in part from the Internet Data eXchange (IDX) of the Multiple Listing Service. Real estate listings are marked with the IDX logo and detailed information about them includes the name of the listing broker and the name of the listing agent. The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Information herein deemed reliable but not guaranteed, representations are approximate, individual verification recommended.

Copyright © 2025  London Properties, Ltd. All rights reserved.

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