Property Details
About this Property
FANTASTIC INVESTMENT OPPORTUNITY IN EL CENTRO! THIS WELL-MAINTAINED PROPERTY FEATURES FIVE STANDALONE COTTAGES, EACH CONSISTING OF TWO BEDROOMS AND ONE BATHROOM. ALL UNITS HAVE BEEN RECENTLY REMODELED AND INCLUDE MODERN UPGRADES SUCH AS VINYL FLOORING, DUAL PANE WINDOWS, AND NEWER MINI SPLIT SYSTEMS FOR EFFICIENT TEMPERATURE CONTROL. THIS COMPLEX IS CURRENTLY PRODUCING AN IMPRESSIVE 11% GROSS CAP RATE WITH ADDITIONAL UPSIDE POTENTIAL, MAKING IT AN EXCELLENT OPTION FOR BOTH 1031 EXCHANGES AND LONG-TERM INVESTORS SEEKING STRONG RETURNS. THERE IS ROOM TO ADD A POSSIBLE SIXTH UNIT OR CREATE A COMMUNITY SPACE. THE PROPERTY IS IDEALLY LOCATED WITH EASY FREEWAY ACCESS, AMPLE STREET PARKING, OFFERING CONVENIENCE FOR TENANTS AND VISITORS ALIKE. THIS IS A TURNKEY, INCOME-PRODUCING ASSET IN A GROWING MARKET—A RARE CHANCE TO ACQUIRE A SOLID INVESTMENT WITH IMMEDIATE CASH FLOW.
MLS Listing Information
MLS #
SD250038191
MLS Source
San Diego MLS
Days on Site
1
Interior Features
Flooring
Vinyl, Wood
Cooling
Window/Wall Unit
Heating
Wall Furnace
Exterior Features
Roof
Composition
Parking, School, and Other Information
Garage/Parking
Other, Garage: Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 5 | 5 | 5 |
| Type | Sq Ft | Beds | Baths | Min Rent | Max Rent | Units Like This |
|---|---|---|---|---|---|---|
| 1 | – | – | 0/0 | – | $1,100 | – |
| 2 | – | – | 0/0 | – | $1,100 | – |
| 3 | – | – | 0/0 | – | $1,100 | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
470 W Olive Ave is a Residential Income in El Centro, CA 92243. This – square foot property sits on a – Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $599,900 and was built in –. This address can also be written as 470 W Olive Ave, El Centro, CA 92243.
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This listing information is up-to-date as of September 06, 2025. For the most current information, please contact Charles Couri, (619) 251-7476
