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470 W OLIVE AVE
El Centro CA 92243 US

$599,900

Pending Listing ID 250038191
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10 bed
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5.00 Bath (5 Full)
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Lot: 0.19 Acres
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Other

$599,900

Pending Listing ID 250038191
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470 W OLIVE AVE FANTASTIC INVESTMENT OPPORTUNITY IN EL CENTRO! THIS WEL MAINTAINED PROPERTY FEATURES FIVE STANDALONE COTTAGES, EACH CONSISTING OF 2-BEDROOMS AND 1-BATHROOM. ALL UNITS HAVE BEEN RECENTLY REMODELED AND INCLUDE MODERN UPGRADES SUCH AS VINYL FLOORING, DUAL PANE WINDOWS, AND NEWER MINI SPLIT SYSTEMS FOR EFFICIENT TEMPERATURE CONTROL. THIS COMPLEX IS CURRENTLY PRODUCING AN IMPRESSIVE 11%+ GROSS CAP RATE WITH ADDITIONAL UPSIDE POTENTIAL, MAKING IT AN EXCELLENT OPTION FOR BOTH 1031 EXCHANGES AND LONG TERM INVESTORS SEEKING STRONG RETURNS. THERE IS ROOM TO ADD A POSSIBLE SIXTH UNIT OR CREATE A COMMUNITY SPACE. THE PROPERTY IS IDEALLY LOCATED WITH EASY FREEWAY ACCESS, AMPLE STREET PARKING, OFFERING CONVENIENCE FOR TENANTS AND VISITORS ALIKE. THIS IS A TURNKEY, INCOME-PRODUCING ASSET IN A GROWING MARKET-A RARE CHANCE TO ACQUIRE A SOLID INVESTMENT WITH IMMEDIATE CASH FLOW.

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Property Features

  • Facts
  • Lot Size: 0.19 Acres
  • Property Type: Residential Multi Family
  • Property Sub-type: Other
  • Features
  • Full Bathrooms: 5
  • Cooling System: Wall/Window Unit(s)
  • Floor Covering: Wood
  • Roof Type: Composition

Property

  • propertytype: Residential Multi Family
  • propertysubtype: Other
  • listprice: 599900
  • unparsedaddress: 470 W OLIVE AVE
  • postalcity: El Centro
  • stateorprovince: CA
  • country: US
  • postalcode: 92243
  • bathroomsfull: 5
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeacres: 0.19
  • lotsizeunits: Acres
  • lotsizearea: 0.19
  • livingarea: 2400
  • livingareaunits: Square Feet
  • latitude: 32.791026
  • longitude: -115.554069
  • listagentfullname: Charles G Couri
  • listagentemail: charlescouri@kw.com
  • listagentkey: 3yd-SANDICOR-686068
  • listagentmlsid: 686068
  • listagentpreferredphone: 6192517476
  • listagentofficephone: 6194690700
  • listofficekey: 3yd-SANDICOR-14297
  • listagentstatelicense: 01825982
  • listofficemlsid: 66719
  • disclaimer: Copyright © 2025 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: SANDICOR
  • listingcontractdate: 2025-09-05
  • listagentfax: 6194690234
  • listagenturl: http://www.kwrealtylamesa.com
  • countyorparish: Imperial
  • parcelnumber: 053-193-017-000
  • cooling: Wall/Window Unit(s)
  • flooring: Wood
  • numberofunitstotal: 5
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 1
  • parkingtotal: 0
  • parkingfeatures: Other
  • roof: Composition
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • rooms: Bathroom 5, Bathroom 4, Bedroom 8, Bathroom 3, Bedroom 4, Bedroom 10, Bedroom 5, Bedroom 2, Bedroom 7, Bedroom 1, Bedroom 9, Bathroom 2, Bedroom 6, Bathroom 1, Bedroom 3
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -115.55407, 32.791027
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Realty", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "CustomSourceId":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"charlescouri@kw.com", "ListBrokerageCity":"La Mesa", "ListBrokerageCountry":"US", "ListBrokerageEmail":"danhill@kw.com", "ListBrokerageLogoUrl":"http://brokerlogos.listhub.net/SANDICOR/c5ababc320afcddc0120afd61e4f0002/20150724212043256.png", "ListBrokerageName":"Keller Williams Realty", "ListBrokeragePhone":"(619) 667-8049", "ListBrokeragePostalCode":"91942", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":"Suite 180", "ListBrokerageUnparsedAddress":"7777 Alvarado Rd Suite 700", "ListBrokerageWebsiteUrl":"http://www.kwrealtylamesa.com", "ListOfficeAddress1":"7777 Alvarado Rd. Ste. 700 ", "ListOfficeAddress2":"Suite 180", "ListOfficeBrokerMlsId":"14297", "ListOfficeCity":"La Mesa", "ListOfficeCountry":"USA", "ListOfficeEmail":"danhill@kw.com", "ListOfficePostalCode":"91942", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"MULTI_FAMILY - El Centro, CA", "ListingURL":"https://www.realtor.com/realestateandhomes-detail/470-W-Olive-Ave_El-Centro_CA_92243_M25644-57746?f=listhub&s=SANDICOR&m=250038191&c=rexren", "MLSModificationTimestamp":"2025-10-05 20:52:45", "Neighborhoods":[{"Description":null, "Name":"IMP CTY-EL CENTR (92243)"}], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 10/5/2025 9:02:20 PM GMT
Source Updated Date: 12/5/2025 6:42:08 PM GMT

Courtesy of: Charles G Couri, Keller Williams Realty, charlescouri@kw.com

Copyright © 2025 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.