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About the Listing PB16384 - PLEWIBRE
Extensively upgraded and remodeled 12-unit apartment building offering investors a rare opportunity to acquire a high cash-flow potential asset with minimal deferred maintenance. The property has undergone significant improvements including a new roof, new windows, upgraded plumbing and electrical systems, and refreshed exterior, creating an attractive and low-maintenance investment. Each unit features two mini-split HVAC systems for efficient heating and cooling, new flooring throughout, all new kitchen cabinets with new appliances, new bathroom vanities, and newly tiled bathrooms. The property also includes new safety handrails on the balconies, further enhancing safety and curb appeal. The building consists of 10 one-bedroom units and 2 studio units. Projected rents are approximately $1,250 per month for the one-bedroom units and $950 per month for the studios, offering investors strong income potential once leased. With extensive capital improvements completed, this property presents an opportunity to acquire a modernized, income-producing asset positioned for strong cash flow in the El Centro rental market.
Listing Highlights
Status
Active
Days on Site
26
Property Type
Multi-Family
MLS ®
PW26048569
Year Built
1963
Total Square Footage
7,149
Lot/Acreage
0.4
County
Imperial
Area
ELCN - El Centro
Interior Details
- Bedrooms: 1
- Bathrooms: 2 Full
- Appliances:
- Air Cond: Ductless
- Heating:
- Fireplaces:
- Floor:
- Above Ground Sq Ft:
- Below Ground Sq Ft: n/a
- Basement:
- Other:
- Water: Public
Exterior Details
- Lot Description: 0-1 Unit/Acre,No Land Lease
- Garage Capacity: N/A
- Parking Spaces: 0
- Roof:
- Others: 2+ Total Units
- Sewer: Public Sewer
Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 053181014000
- Tax Year: N/A
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
730 W Olive El Centro, CA 92243
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