730 W Olive, El Centro, California 92243
- $1,499,000
Overview
- Apartment, Residential Income
- 7149 Sqft
- 1963
Description
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 approximately $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.
Address
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Address: 730 W Olive
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State/county: CA
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Zip/Postal Code: 92243
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Country: US
Details
Updated on June 4, 2026 at 1:03 pm-
Property ID PW26048569
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Price $1,499,000
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Property Size 7149 Sqft
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Land Area 0.4048 Acres
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Year Built 1963
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Property Type Apartment, Residential Income
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Property Status Closed
Additional details
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Listing Terms Cash, Conventional, 1031 Exchange
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Sewer Public Sewer
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Cooling Ductless
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County Imperial
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Property Type Residential Income
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Pool None
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Community Features Suburban
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