Active

730 W Olive

El Centro, CA 92243
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Bed 0

Bed

Bath 0

Bath

SqFt7,149

Sqft

SqFt17,631

Sqft(Lot)

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 approximat ely $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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $1,499,000

AD Id : 75935911

MLS Id : PW26048569

Lot Size : 17,631 Sqft

Living Area Size : 7,149

Year Built : 1963

County : Imperial

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Cooling Features

    Ductless Air Conditioning

  • Building Information

    Year Built: 1963 Building Area Total: 7,149
  • Pool Features

    None

    Laundry Features

    Common Area

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.4048
  • Lot Size Source: Public Records Lot Size Square Feet: 17631

  • Listing Price Information

    Original List Price: 1,499,000 Listing Contract Date: 2026-03-06
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 053181014000

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: ELCN - El Centro Directions: Olive Ave & S 8th St: West on Olive Ave Source Property Type: Residential Income Area: ELCN - El Centro Property SubType: Apartment
  • Building and Construction

    Property Age: 63 Common Walls: No Common Walls Structure Type: Apartment Year Built Source: Public Records Entry Level: 1 Entry Location: 1 Levels or Stories: Two Building Total Stories: 2
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At $209.68 per sq.ft.,this listing is priced below average compared to other homes from El Centro.

The average homes price in El Centro is $370202.62 with avg. price / sq.ft of $2102.04.

The average homes price in Imperial County is $373818.81 with avg. price / sq.ft of $2100.74.

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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
410 W Hamilton Avenue, El Centro, CA, 92243 $275,000 3 1 712 712 SqFt
Jackrabbit Drive, El Centro, CA, 92243 $470,000 4 3 2,036 2,036 SqFt
1115 S 6th Street, El Centro, CA, 92243 $320,000 3 2 1,263 1,263 SqFt
606 Smoketree Drive, El Centro, CA, 92243 $476,500 5 3 1,906 1,906 SqFt
1090 W Aurora Drive, El Centro, CA, 92243 $649,000 9 4 3,898 3,898 SqFt
1850 Lincoln Avenue #SP.., El Centro, CA, 92243 $189,999 3 2 858 858 SqFt
2110 Sandalwood Drive, El Centro, CA, 92243 $345,000 4 2 1,512 1,512 SqFt
250 S Santa Rosa Ave, El Centro, CA, 92243 $500,000 4 2 2,334 2,334 SqFt
1601 Drew Road #66, El Centro, CA, 92243 $189,500 3 2 1,054 1,054 SqFt

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ByOwner last updated this listing 04/06/2026 @ 22:01

MLS: PW26048569 LISTED BY: Bret Lewis, Bret Lewis, Broker 562-726-2515 SOURCE: CRMLS

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