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Additional details
$ 1,089,000
New
1412 El centro Ave El Centro, CA 92231
12 Beds
6 Baths
4,032 SqFt
UPDATED:
Key Details
Property Type Condo
Sub Type Apartment
Listing Status Active
Purchase Type For Rent
Square Footage 4,032 sqft
MLS Listing ID 250030024
Bedrooms 12
Full Baths 6
Year Built 1979
Property Sub-Type Apartment
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
Community Out Of Area
Area Imp Cty-Calexico (92231)
Zoning Aprtments
Interior
Heating Natural Gas
Cooling Central Forced Air
Equipment Disposal
Furnishings No
Exterior
Parking Features None Known
Garage Spaces 6.0
Total Parking Spaces 12
Building
Story 2
Level or Stories 2 Story
Others
Pets Allowed Allowed w/Restrictions
Listed by Manny Hernandez • American Group
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