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3010 Vaho Sta

Calexico, CA 92231
  • $2,228,200
  • STATUS: Active
  • ON SITE: 62 Days
  • MLS #: 22200359IC
UPDATED: 8 min ago
$2,228,200
  • 3
    BEDS
  • 0.27
    ACRES
  • 2
    BATHS
  • 0
    1/2 BATHS
  • 1,279
    SQFT
  • $1,742
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
2013
County:
Area:

School Ratings & Info

Description

Investors! This investment opportunity is a portfolio of homes situated in Imperial County, CA also known as Lithium Valley. In this portfolio are single family residences that are owned and operated as rental properties. A majority of these homes are 3, 4, and 5 bedroom homes with 2 and 2.5 baths and attached garages. These homes tend to be leased by families, offering long term tenancy to the Buyer. Given the age of the homes, there is minimal repair and capital expenditure outlays for the next buyer and resident turnover tends to be limited here. Single family homes are standalone properties with their own lot (as opposed to duplexes or apartments with multiple units on one lot). The total Portfolio of 22 homes is available to purchase in increments, or the whole portfolio, as noted in the attached document: Portfolio of 22 Homes for Sale. An entry level investor might prefer a smaller 2-home portfolio purchase while the more experienced investor would be interested in 4, 6 or 8-pack portfolios. Some of the homes have assumable loans available. In recent years, occupancy rates have been near 97% for homes and apartments with most units renting in less than 1 week of market entry. Many units carry a waiting list. The commercial and industrial markets reflect similar stats as the housing market with minimum inventory. This particular investment is a Portfolio of 6 Homes that includes 3010 Vaho Station, Calexico; 1055 Playa Del Norte, Calexico; 185 Meridian, Heber; 181 Meridian, Heber, 248 Rosarito, Imperial; 250 Rosarito, Imperial, which you will find these homes listed in the attached Portfolio of 22 Homes for Sale. The annual income for the 6 homes is $96,000 with expenses at approximately $26,800. See attached document: Portfolio of 22 Homes Investment Overview.

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© 2022 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: 2022-11-30T18:40:48.557.
www.dmahouses.com/homes/133468551
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3010 Vaho Sta Calexico, CA 92231

  • Price: $2,228,200
  • Status: Active
  • On Site: 62 Days
  • Updated: 8 min ago
  • MLS #: 22200359IC
3
Beds
2
Baths
0
½ Baths
0.27
Acres
1,279
SQFT
$1,742
$/SQFT
2013
Built
Neighborhood:
Calexico
County:
Imperial
Area:
Calexico
Property Description
Investors! This investment opportunity is a portfolio of homes situated in Imperial County, CA also known as Lithium Valley. In this portfolio are single family residences that are owned and operated as rental properties. A majority of these homes are 3, 4, and 5 bedroom homes with 2 and 2.5 baths and attached garages. These homes tend to be leased by families, offering long term tenancy to the Buyer. Given the age of the homes, there is minimal repair and capital expenditure outlays for the next buyer and resident turnover tends to be limited here. Single family homes are standalone properties with their own lot (as opposed to duplexes or apartments with multiple units on one lot). The total Portfolio of 22 homes is available to purchase in increments, or the whole portfolio, as noted in the attached document: Portfolio of 22 Homes for Sale. An entry level investor might prefer a smaller 2-home portfolio purchase while the more experienced investor would be interested in 4, 6 or 8-pack portfolios. Some of the homes have assumable loans available. In recent years, occupancy rates have been near 97% for homes and apartments with most units renting in less than 1 week of market entry. Many units carry a waiting list. The commercial and industrial markets reflect similar stats as the housing market with minimum inventory. This particular investment is a Portfolio of 6 Homes that includes 3010 Vaho Station, Calexico; 1055 Playa Del Norte, Calexico; 185 Meridian, Heber; 181 Meridian, Heber, 248 Rosarito, Imperial; 250 Rosarito, Imperial, which you will find these homes listed in the attached Portfolio of 22 Homes for Sale. The annual income for the 6 homes is $96,000 with expenses at approximately $26,800. See attached document: Portfolio of 22 Homes Investment Overview.
Exterior Features

Carport Spaces Total 0 Covered Parking 2 Garage Structures Total 1 Parking Garage DrivewayGarage - 2 Car Roof Tile Style Traditional Total Parking 4

Interior Features

Cooling Cfac Equipment Garbage DisposalHood FanDishwasherOven/Range-Gas Flooring CarpetCeramic Tile Heating Cfag Laundry Laundry Area Rooms Living/DiningKitchen Unit Baths1 2.00 Unit Beds1 3 Water Heaters YN Yes

Property Features

ADACompliance YN Yes Adjusted Gross Income 96000 Disclosures As Is Gross Operating Income 0 Lease Per Month Year See Remarks Net Operating Income 0.00 Number Leased 6 Owner Pays Other Property Sub Type 5 To 10 Units Sale Type Standard Sewer City Total Annual Expense 0 Unit Rent1 1250.00 Water City Water Heater Features Other Zoning R1

Listing courtesy of Pat Seay Real Estate: 760-353-0849.


© 2022 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: 2022-11-30T18:40:48.557.
 
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DMA Real Estate
502 W. Aten Rd. #101
Imperial CA, 92251