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Key Details
Sold Price $959,000
Property Type Multi-Family
Sub Type Com-Res Income
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 250030034
Sold Date 07/31/25
Bedrooms 12
Property Sub-Type Com-Res Income
Property Type Com-Res Income
Property Description
Fantastic Investment Opportunity 6-Unit Property in Prime El Centro Location! Own a centrally located six-unit multifamily property in the heart of El Centro. With a potential gross rental income of $86,400 per year and low annual expenses of just $9,462, this asset offers a strong cap rate and solid long-term cash flow. Each unit is well-maintained and tenant-ready at full occupancy, providing immediate rental potential. The property is situated in a high-demand area, just minutes from shopping centers, medical offices, restaurants, and public transportation, making it attractive to a wide range of tenants. Whether you're looking to expand your real estate portfolio or secure a stable income-producing asset, this six plex checks all the boxes. El Centro continues to show steady rental demand and growth, making this a smart and strategic investment. Highlights:6 income-generating units Projected $86,400 gross income/year and Low operating costs: $9,462/year Excellent cap rate.
Location
State CA
County Imperial
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 2
Others
Tax ID 044-391-049-000
Special Listing Condition Call Agent
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Bought with Outside Agent Multi-Regional MLS
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Glen Henderson
Broker Associate | CA BRE #01384181
Broker Associate CA BRE #01384181
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