1412 El Centro Ave - Multi-Family FOR SALE


El Centro, CA 92243
$999,000 USD
760-768-8808
1412 El Centro Ave, El Centro, CA for Sale
$999,000 USD
Multi-Family - FOR SALE
1/20
null | 7.63% Cap Rate

1412 El Centro Ave
El Centro, CA 92243


OVERVIEW

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 $, 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. Expenses estimate Electricity, Water and Insurance.

FOR SALE DETAILS

PRICE

$999,000 USD

PRICE/SF

$248 USD /SF

# OF UNITS

6

PRICE/UNIT

$166,500

CAP RATE

7.63%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Walter Building

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1979

PARKING SPACES

-

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

044-391-049-000

ASK ABOUT THIS PROPERTY

Manny HernandezAmerican Group RealtorsMore Info
760-768-8808

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Manny HernandezAmerican Group RealtorsMore Info
760-768-8808

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.