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635 W Olive Ave

El Centro, CA 92243
  • $490,000
  • STATUS: Closed
  • ON SITE: 218 Days
  • MLS #: 23329967IC
Sold - 02/13/2024
$490,000
SOLD - 02/13/2024
  • 8
    BEDS
  • 0.18
    ACRES
  • 4
    BATHS
  • 0
    1/2 BATHS
  • 2,688
    SQFT
  • $0
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1983
County:
Area:

School Ratings & Info

Description

Welcome to an exceptional investment opportunity in El Centro, California! This four-unit complex, featuring spacious 2-bedroom, 1-bathroom units, is the perfect choice for investors and first-time homebuyers alike. This property offers potential for income generation by renting out three units while you reside in one, all while being part of a unique investment opportunity as the owner will also be selling the adjacent four-unit complex as well for a total of 8 units! Don't miss your chance to secure your financial future with this gem of a property. Contact us today to seize this incredible opportunity!

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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: 2024-06-14T09:40:36.527.
www.dmahouses.com/homes/145084683
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635 W Olive Ave El Centro, CA 92243

  • Price: $499,000
  • Status: Closed
  • On Site: 218 Days
  • Updated: 140 min ago
  • MLS #: 23329967IC
8
Beds
4
Baths
0
½ Baths
0.18
Acres
2,688
SQFT
$0
$/SQFT
1983
Built
Neighborhood:
El Centro
County:
Imperial
Area:
El Centro
Property Description
Welcome to an exceptional investment opportunity in El Centro, California! This four-unit complex, featuring spacious 2-bedroom, 1-bathroom units, is the perfect choice for investors and first-time homebuyers alike. This property offers potential for income generation by renting out three units while you reside in one, all while being part of a unique investment opportunity as the owner will also be selling the adjacent four-unit complex as well for a total of 8 units! Don't miss your chance to secure your financial future with this gem of a property. Contact us today to seize this incredible opportunity!
Exterior Features

Carport Spaces Total 0 Covered Parking 0 Garage Structures Total 0 Parking Garage Driveway - ConcreteParking SpaceOn street Roof Composition Shingle Total Parking 8

Interior Features

Cooling Air ConditioningCentral Equipment Gas Dryer Hookup Flooring CarpetLaminate Heating Central Laundry Outside Rooms EntryPatio OpenKitchen/DiningLiving Unit Baths1 1.00 Unit Baths2 1.00 Unit Baths3 1.00 Unit Baths4 1.00 Unit Beds1 2 Unit Beds2 2 Unit Beds3 2 Unit Beds4 2 Water Heaters YN Yes

Property Features

Adjusted Gross Income 36000 Disclosures As Is Gross Operating Income 36000 Net Operating Income 262919.00 Number Leased 4 Owner Pays WaterOther Property Sub Type 1 to 4 Units Sale Type Standard Sewer City Tenant Pays ElectricCable TVGas Total Annual Expense 9081 Unit Rent1 750.00 Unit Rent2 750.00 Unit Rent3 700.00 Unit Rent4 750.00 Water City Water Heater Features Gas Zoning R-3

Listing courtesy of One Way Realty: 760-222-7717.


© 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: 2024-06-14T09:40:36.527.
 
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DMA Real Estate
502 W. Aten Rd. #101
Imperial CA, 92251