730 W Olive El Centro, CA $ 1,499,000
730 W Olive
$ 1,499,000
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730 W Olive

El Centro, CA, 92243
$ 1,499,000
Baths1.0 Sq 7,149

Monthly Estimate*

$ 9,230

Listed by Bret Lewis, Broker
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Studio

Multi-Family Home for sale in El Centro, CA

for $1,499,000 with 1 full bath. This 7,149 square foot home was built in 1963 on a lot size of 0.4048.

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.

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Multi-Family Active

Price

$ 1,499,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.4048

Year Built

1963

Town/City

El Centro

County/Region

Imperial

MLS | Web ID

PW26048569

Days on Market

2

Features
General
Sewer Public Sewer
Cooling Ductless
HOA Fee 0
Garage Spaces 0
Pool Features None
Year Built 1963
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 172800
Community Features Suburban
County Imperial
Net Operating Income 172800
Operating Expense 0
Insurance Expense 0
New Construction false
Property Type Residential Income
HOA false
Garage Y/N false
Special Listing Conditions Standard
Status Active
Directions Olive Ave & S 8th St: West on Olive Ave
City El Centro
Entry Location 1
Senior Community Y/N false
Number Of Units Total 12
MLS Area ELCN - El Centro
Lot Size Units Square Feet
Lot Size Square Feet 17631
Listing Terms Cash Conventional 1031 Exchange
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 17
Property Sub Type Additional Apartment
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Interior
Total Stories 2
Common Walls No Common Walls
Air Conditioning Y/N true
Laundry Features Common Area
Entry Level 1
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Exterior
Lot Features 0-1 Unit/Acre
Water Source Public
Total Parking 0
Lot Size Area 17631
Number of Buildings 1
Building Area Total 7149
Lot Size Acres 0.4048
Private Pool false
Lot Size Source Public Records
Number of Separate Water Meters 1
Number of Separate Gas Meters 1
Number of Separate Electric Meters 1
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* Excluded Features
List By
Bret Lewis, Broker

Broker

BretRealty@gmail.com

Email

Affordability Calculator

$9,230
Per Month
100%
0%
0%
Monthly Principal & Interest
$9,230
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/7/2026$1,499,000 Listed Price

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730 W Olive, El Centro, CA, 92243 is a Multi-Family Home for sale at $1,499,000 with 7,149 sqft and a lot size of 0.4048. 730 W Olive is a studio with 1.0 baths and was built in 1963. The property's zip code is 92243 which is in El Centro, CA