Skip To Content

1201 W Us Highway 98

Calexico, CA 92231
  • $815,000
  • STATUS: Active
  • ON SITE: 43 Days
  • MLS #: 22226299IC
UPDATED: 80 min ago
$815,000
  • 5
    BEDS
  • 4
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 4,253
    SQFT
  • $192
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1961
County:
Area:

School Ratings & Info

Description

Great investor's opportunity. The Old Mt Signal Cafe restaurant building, two houses and a manufacture home renovated on 2 acres of land for a total of 4 , leaving 2 acres vacant with plenty of possibilities for more business as building storage units,etc. The contiguity with US HIGHWAY 98 makes it very visible and accessible to the constant traffic of the highway. The restaurant building is just infront of the Highway and the two houses and manufacture home are in the back. The restaurant building is 1,753 sqft with 2 bath and the proyected rent is $2,500. The first house is about 1,500sqft, 3 bed, 1bath and rents for $1,500, second house is about 1,000 sq ft, 2bed, 1bath and rents for $900. The manufacture home is about 1,000 sqft, 3 bed,1bath and the proyected rent is $900.

Monthly Payment Calculator



© 2023 Imperial County Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or DMA Real Estate. Data last updated: 2023-02-02T21:40:47.723.
www.dmahouses.com/homes/135510215
Print Image

1201 W Us Highway 98 Calexico, CA 92231

  • Price: $815,000
  • Status: Active
  • On Site: 43 Days
  • Updated: 80 min ago
  • MLS #: 22226299IC
5
Beds
4
Baths
0
½ Baths
4
Acres
4,253
SQFT
$192
$/SQFT
1961
Built
Neighborhood:
Calexico
County:
Imperial
Area:
Calexico
Property Description
Great investor's opportunity. The Old Mt Signal Cafe restaurant building, two houses and a manufacture home renovated on 2 acres of land for a total of 4 , leaving 2 acres vacant with plenty of possibilities for more business as building storage units,etc. The contiguity with US HIGHWAY 98 makes it very visible and accessible to the constant traffic of the highway. The restaurant building is just infront of the Highway and the two houses and manufacture home are in the back. The restaurant building is 1,753 sqft with 2 bath and the proyected rent is $2,500. The first house is about 1,500sqft, 3 bed, 1bath and rents for $1,500, second house is about 1,000 sq ft, 2bed, 1bath and rents for $900. The manufacture home is about 1,000 sqft, 3 bed,1bath and the proyected rent is $900.
Exterior Features

Carport Spaces Total 2 Covered Parking 2 Garage Structures Total 0 Parking Garage AssignedCarport AttachedGarage - NonePrivate Roof Concrete TileAsphalt ShingleConcrete Total Parking 14

Interior Features

Cooling Central Equipment Gas Or Electric Dryer HookupCeiling FanOven/Range-Electric Flooring LaminateTile Heating Central Laundry Outside Number Electric Meters 4 Rooms DiningLiving/Dining Unit Baths1 2.00 Unit Baths2 1.00 Unit Baths3 1.00 Unit Baths4 1.00 Unit Beds1 0 Unit Beds2 3 Unit Beds3 2 Unit Beds4 3 Water Heaters YN Yes

Property Features

Actual Annual Gross Rent 69600.00 Actual Gross Annual Income 69600.00 Adjusted Gross Income 5800 Disclosures As Is Gross Operating Income 66240 Net Operating Income 57623.00 Number Leased 1 Owner Pays WaterOther Property Condition Repairs MajorUpdated/RemodeledRepair Cosmetic Property Sub Type 1 To 4 Units Sale Type Standard Sewer Septic Tenant Pays Electric Total Annual Expense 11977 Unit Rent1 0.00 Unit Rent2 0.00 Unit Rent3 900.00 Unit Rent4 0.00 Water Iid Water Heater Features Electric Zoning C -1

Listing courtesy of Cli Realty Innovations: 760-455-1988.


© 2023 Imperial County Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' 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 is not guaranteed accurate by the MLS or DMA Real Estate. Data last updated: 2023-02-02T21:40:47.723.
 
https://bt-photos.global.ssl.fastly.net/imperial/orig_boomver_1_22226299IC-2.jpg https://bt-photos.global.ssl.fastly.net/imperial/orig_boomver_1_22226299IC-2.jpg https://bt-photos.global.ssl.fastly.net/imperial/orig_boomver_1_22226299IC-2.jpg
Logo
DMA Real Estate
502 W. Aten Rd. #101
Imperial CA, 92251