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    421 Washington St

    Calexico, CA 92231
    • $205,000
    • STATUS: Active
    • ON SITE: 15 days
    • MLS #: 20641466IC
    $205,000
    • 4
      BEDS
    • 0.24
      ACRES
    • 3
      BATHS
    • 0
      1/2 BATHS
    • 1,966
      SQFT
    • $104
      $/SQFT
    Neighborhood:
    530
    Type:
    Multi-Family
    Built:
    1946
    County:
    Area:
    530

    School Ratings & Info

    Description

    INVESTORS - This site is within the State of CA OPPORTUNITY ZONE. Near 6+ schools, SDSU Ex Campus, CPD, CFD, Downtown Shopping, medical and many other services. Property is zoned R-1, however, similar lots in Calexico have been developed into multiple units, especially this lot that has easy alley access. The rear structure was originally as main home, was converted into 2 rental units. The proyected rental income stated herein requires substantial repairs . Higher rental income may be achived by 20%+ if property is fully renovated /upgrated throughout the interior and exterior areas. Prospective buyers contact City of Calexico pertaining the possibility to build additional units. Property will be sold on its "as is, where is" condition. ALL SHOWINGS prerequisite buyer's proof of funds (CASH) verification as property condition may not qualify for conventional financing. All showings must meet PEAD Covid-19 restrictions.

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    © 2020 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: 2020-10-20T23:40:15.673.
    www.dmahouses.com/homes/110687421
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    421 Washington St Calexico, CA 92231

    • Price: $205,000
    • Status: Active
    • MLS #: 20641466IC
    4
    Beds
    3
    Baths
    0
    ½ Baths
    0.24
    Acres
    1,966
    SQFT
    $104
    $/SQFT
    1946
    Built
    Neighborhood:
    530
    County:
    Imperial
    Area:
    530
    Property Description
    INVESTORS - This site is within the State of CA OPPORTUNITY ZONE. Near 6+ schools, SDSU Ex Campus, CPD, CFD, Downtown Shopping, medical and many other services. Property is zoned R-1, however, similar lots in Calexico have been developed into multiple units, especially this lot that has easy alley access. The rear structure was originally as main home, was converted into 2 rental units. The proyected rental income stated herein requires substantial repairs . Higher rental income may be achived by 20%+ if property is fully renovated /upgrated throughout the interior and exterior areas. Prospective buyers contact City of Calexico pertaining the possibility to build additional units. Property will be sold on its "as is, where is" condition. ALL SHOWINGS prerequisite buyer's proof of funds (CASH) verification as property condition may not qualify for conventional financing. All showings must meet PEAD Covid-19 restrictions.
    Exterior Features

    Carport Spaces Total 1 Covered Parking 1 Exterior Construction CombinationFrameConcrete Garage Structures Total 1 Lot Description Street PavedSingle LotSidewalksValue In LandBack YardFront YardLot-Level/FlatNo LandscapingStreet AsphaltUtilities - OverheadUtilities Other Lot Location Alley AccessCityPark Nearby Parking Garage Carport DetachedAbove Street LevelRv PossibleOffsiteOversizedUncovered Pool Description None Roof Composition Spa None Style Other Total Parking 7

    Interior Features

    Bathroom Features Shower And Tub Cooling Window Unit(S)Other Equipment Oven/Range-GasRefrigerator Flooring OtherMixedLinoleumCarpetVinylTile Foundation Details Foundation - None Heating Other Interior Features Common WallsBlock WallsOtherUnfinished Walls Laundry None Rooms OtherConverted GarageWorkshop Unit Baths1 1.00 Unit Baths2 1.00 Unit Baths3 1.00 Unit Beds1 2 Unit Beds2 1 Unit Beds3 1

    Property Features

    Actual Annual Gross Rent 24200.00 Actual Gross Annual Income 24200.00 Adjusted Gross Income 24200 Disability Access None Disclosures As IsEasementsOtherProperty Assessments UnknownOwner Has R.E. License Gross Operating Income 24200 Listing Terms CashTake Property As Is Net Operating Income 15500.00 Number Leased 3 Owner Pays Water Pool YN No Property Condition FixerAdditions/AlterRepair CosmeticRepairs MajorValue Mainly In Land Property Sub Type 1 To 4 Units Rent Control YN False Sale Type Standard Sewer CityOn SitePaid Tenant Pays Cable TvAir Cond/Heat MaintElectric Total Annual Expense 8700 Unit Rent1 650.00 Unit Rent2 550.00 Unit Rent3 500.00 Water City Water Heater Features Other Zoning R-1

    Listing courtesy of Linda Real Estate Inc..


    © 2020 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: 2020-10-20T23:40:15.673.
     
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    DMA Real Estate
    502 W. Aten Rd. #101
    Imperial CA, 92251