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760 Broadway St

El Centro, CA 92243
  • $1,100,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 24408125IC
$1,100,000
  • 6
    BEDS
  • 0.59
    ACRES
  • 6
    BATHS
  • 0
    1/2 BATHS
  • 6,500
    SQFT
  • $169
    $/SQFT
Neighborhood:
Type:
Multi-Family
Built:
1965
County:
Area:

School Ratings & Info

Description

Incredible Investment Opportunity in the Heart of El Centro! Discover this unique and versatile property that boasts both residential and commercial potential. Located at 760 Broadway Ave, this rare find features a 4-plex residential building alongside an adjacent commercial storefront with a fully air-conditioned warehouse, ideal for entrepreneurial individuals looking to grow their business while generating rental income. The residential building comprises four charming 1 bed/1 bath units which feature private, fenced-in courtyards for tenant privacy and outdoor enjoyment. Each unit also has covered parking, ensuring convenience and security. The commercial building includes a spacious storefront of 900 sq ft, perfect for a retail shop, office space, or creative studio. This building also features a warehouse that is 4,400 sq ft of fully air-conditioned and insulated space, ideal for storage, manufacturing, or various commercial uses. The property is located in a prime location with high visibility and easy access, and is close to key amenities, shopping centers, and main transportation routes, enhancing the property's appeal. Whether you're a savvy investor, a business owner ready to expand, or a combination of both, 760 Broadway Ave offers unparalleled flexibility and potential. Don't miss this exceptional opportunity to live, work, and earn in one dynamic property!

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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/152013849
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760 Broadway St El Centro, CA 92243

  • Price: $1,100,000
  • Status: Active
  • On Site: 21 Days
  • MLS #: 24408125IC
6
Beds
6
Baths
0
½ Baths
0.59
Acres
6,500
SQFT
$169
$/SQFT
1965
Built
Neighborhood:
El Centro
County:
Imperial
Area:
El Centro
Property Description
Incredible Investment Opportunity in the Heart of El Centro! Discover this unique and versatile property that boasts both residential and commercial potential. Located at 760 Broadway Ave, this rare find features a 4-plex residential building alongside an adjacent commercial storefront with a fully air-conditioned warehouse, ideal for entrepreneurial individuals looking to grow their business while generating rental income. The residential building comprises four charming 1 bed/1 bath units which feature private, fenced-in courtyards for tenant privacy and outdoor enjoyment. Each unit also has covered parking, ensuring convenience and security. The commercial building includes a spacious storefront of 900 sq ft, perfect for a retail shop, office space, or creative studio. This building also features a warehouse that is 4,400 sq ft of fully air-conditioned and insulated space, ideal for storage, manufacturing, or various commercial uses. The property is located in a prime location with high visibility and easy access, and is close to key amenities, shopping centers, and main transportation routes, enhancing the property's appeal. Whether you're a savvy investor, a business owner ready to expand, or a combination of both, 760 Broadway Ave offers unparalleled flexibility and potential. Don't miss this exceptional opportunity to live, work, and earn in one dynamic property!
Exterior Features

Carport Spaces Total 6 Covered Parking 6 Exterior Construction Steel SidingStucco Garage Structures Total 1 Parking Garage CarportPublicOn streetDriveway - Gravel Patio Features Balcony Roof ClayMetal Spa None Total Parking 10

Interior Features

Cooling Central Equipment None Flooring MixedCarpetLaminate Foundation Details Slab Heating CFAE Laundry In Kitchen Number Carpet 4 Number Electric Meters 4 Number Range 4 Rooms None Unit Baths1 1.00 Unit Baths2 1.00 Unit Baths3 1.00 Unit Baths4 1.00 Unit Baths5 3.00 Unit Beds1 1 Unit Beds2 1 Unit Beds3 1 Unit Beds4 1 Unit Beds5 0 Water Heaters YN Yes

Property Features

Actual Annual Gross Rent 46800.00 Actual Gross Annual Income 46800.00 Disclosures As Is Fence Chain Link Gardener Expense 840.00 Gross Operating Income 86121 Insurance Expense 2400.00 Listing Terms ConventionalCash Net Operating Income 43500.00 Number Leased 4 Owner Pays WaterOther Property Condition Updated/Remodeled Sale Type Standard Security Features Fire SprinklersGated Sewer City Spa YN No Tenant Pays ElectricityAir Cond/Heat Maint Total Annual Expense 14674 Trash Expense 2316.00 Unit Rent1 1000.00 Unit Rent2 1000.00 Unit Rent3 1000.00 Unit Rent4 900.00 Unit Rent5 4500.00 Water City Water Heater Features Electric Zoning CD

Listing courtesy of Victor D. Conner, Broker: 760-235-9006.


© 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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DMA Real Estate
502 W. Aten Rd. #101
Imperial CA, 92251