476 H St - Multi-Family FOR SALE


Brawley, CA 92227
$1,699,000 USD
476 H St, Brawley, CA for Sale
$1,699,000 USD
Multi-Family - FOR SALE
1/16
null | 5.15% Cap Rate

476 H St
Brawley, CA 92227


HIGHLIGHTS

  • Records Show 16 Units. Currently 1 is a Laundry Room & 1 a storage.
  • Great Location Close to Schools.
  • Complex is Fully Fenced & Has a Security Gate.
  • Corner Lot

OVERVIEW

The property consists of 9 buildings in total : 8 cottage-style units and one larger rear building containing the remaining 6 units. The unit mix includes 12 1 bed/1bath units, 1 2 bed/1bath unit, and 1 studio unit. The building records show that there were 16 units in the past. The previous owner converted one unit into a laundry area and the other unit into a storage. Its a great opportunity to convert the units back to rental units and increase your profit. Currently, there are two vacant units the studio 490.5 and unit 490. Both are rent-ready. Seller wanted to keep them vacant for buyer visibility and flexibility in tenant selection. Previously, the studio rented for $562/month and the one-bedroom unit for $725/month. Rent increases were implemented in October and November 2025. Nearly all units approximately 12 or 13 have been recently renovated within the past years. Renovations include new ceiling fans, light fixtures, flooring, baseboards, interior and exterior paint, and plumbing upgrades including sinks, toilets, garbage disposals, faucets, angle stops, and supply lines. The property is being sold as-is.

FOR SALE DETAILS

PRICE

$1,699,000 USD

PRICE/SF

$112 USD /SF

# OF UNITS

14

PRICE/UNIT

$121,357

CAP RATE

5.15%

% LEASED

2%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

476-498 H St Brawley CA/ De Anza Apts

PROPERTY TYPE

Multi-Family

ADD'L SUBTYPES

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1966

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,113 SF

ZONING

R-3

APN/PARCEL ID

049-081-007-000

ASK ABOUT THIS PROPERTY

Victor ConnerVictor D. Conner, BrokerMore Info

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Victor ConnerVictor D. Conner, BrokerMore Info

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