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543 W Olive Ave , #547

El Centro, CA 92243
  • $375,000
  • STATUS: Active
  • ON SITE: 18 Days
  • MLS #: 24407829IC
$375,000
  • 3
    BEDS
  • 0.18
    ACRES
  • 3
    BATHS
  • 0
    1/2 BATHS
  • 2,092
    SQFT
  • $179
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1938
County:
Area:

School Ratings & Info

Description

Wonderful opportunity to build your rental portfolio. This property is affordable with tons of potential to build on. The units are older but have good bones, lots of potential for remodeling and potential for great rental income. There is also potential to build additional unit or possibly more. Each unit has its own water, electric and gas meter, so owner expenses will be low. Each unit also has a laundry hook ups. This property has been owned by the same family for decades.

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© 2024 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: 2024-07-16T23:40:58.723.
www.dmahouses.com/homes/152152670
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543 W Olive Ave , #547 El Centro, CA 92243

  • Price: $375,000
  • Status: Active
  • On Site: 18 Days
  • MLS #: 24407829IC
3
Beds
3
Baths
0
½ Baths
0.18
Acres
2,092
SQFT
$179
$/SQFT
1938
Built
Neighborhood:
El Centro
County:
Imperial
Area:
El Centro
Property Description
Wonderful opportunity to build your rental portfolio. This property is affordable with tons of potential to build on. The units are older but have good bones, lots of potential for remodeling and potential for great rental income. There is also potential to build additional unit or possibly more. Each unit has its own water, electric and gas meter, so owner expenses will be low. Each unit also has a laundry hook ups. This property has been owned by the same family for decades.
Exterior Features

Carport Spaces Total 0 Covered Parking 0 Garage Structures Total 0 Parking Garage On street Roof AsphaltOther Total Parking 3

Interior Features

Cooling Window Unit(s) Equipment Oven/Range-GasGas Or Electric Dryer Hookup Flooring CarpetLaminateLinoleum Heating None Laundry Room Rooms KitchenLiving RoomLiving/Dining Unit Baths1 1.00 Unit Baths2 1.00 Unit Baths3 1.00 Unit Beds1 1 Unit Beds2 1 Unit Beds3 0 Water Heaters YN Yes

Property Features

Actual Annual Gross Rent 11100.00 Actual Gross Annual Income 11100.00 Disclosures None Gross Operating Income 8700 Net Operating Income 8700.00 Number Leased 0 Owner Pays Other Sale Type Standard Sewer City Tenant Pays GasElectricityWater Total Annual Expense 126.42 Trash Expense 39.00 Unit Rent1 900.00 Unit Rent2 900.00 Unit Rent3 900.00 Water City Water Heater Features GasElectric Zoning R2

Listing courtesy of Coldwell Banker The Wilkinson Team: 760-352-7700.


© 2024 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: 2024-07-16T23:40:58.723.
 
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502 W. Aten Rd. #101
Imperial CA, 92251