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Key Details
Sold Price $2,850,000
Property Type Multi-Family
Sub Type 15 + Units
Listing Status Sold
Purchase Type For Sale
Square Footage 18,444 sqft
Price per Sqft $154
MLS Listing ID 24404603IC
Sold Date 08/20/24
Bedrooms 44
Year Built 1977
Lot Size 20739.000 Acres
Property Description
A rare investment opportunity in El Centro! This is your opportunity to own a long time family owned 28-unit apartment complex with 7 buildings. The units range from 1 bedroom, 1 bath to 2 bedroom, 1 bath. The complex features charming courtyards and some covered carports. It is conveniently located near the Interstate 8 freeway onramp and Imperial Avenue, close to El Centro Regional Hospital and local schools. The property has long-term tenants with low turnover. Here's your chance to add to your portfolio or create generational wealth.
Location
State CA
County Imperial
Area 550
Zoning R3
Interior
Heating CFAE
Cooling CFAC
Flooring Mixed
Equipment Hood Fan, Oven/Range-Electric
Laundry Room, Community
Exterior
Exterior Feature Stucco
Garage Carport, Parking Space
Garage Spaces 34.0
Roof Type Shingle
Building
Story 2
Foundation Foundation - Concrete Slab
Sewer City
Structure Type Stucco
Others
Special Listing Condition Standard
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