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Sold for $2,850,000
  • $2,850,000

    1980 Cottonwood Cir, El Centro, CA 92243

    44beds
    28baths
    18,444sqft
    MultiFamily
    Built in 1977
    -- sqft lot
    $2,717,300 Zestimate®
    $155/sqft
    $1,443 Estimated rent

    Home value

    $2,717,300

    $2.23M - $3.29M

    $1,443/mo

    Zestimate® history
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    $1,443/mo

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    $18,029/mo

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    What's special

    A rare investment opportunity in El Centro! This is your opportunity to own a long time family owned 28-unit apartment complex with 7 buildings. The units range from 1 bedroom, 1 bath to 2 bedroom, 1 bath. The complex features charming courtyards and some covered carports. It is conveniently located near the Interstate 8 freeway onramp and Imperial Avenue, close to El Centro Regional Hospital and local schools. The property has long-term tenants with low turnover. Here's your chance to add to your portfolio or create generational wealth.

    Zillow last checked:

    Listed by:

    Sherry Cowie 760-337-4027,

    Prince & Associates Realtors 760-604-3166

    Bought with:

    Joseph McCormack, 01127866

    Real Estate One of IV

    Source: ICAOR,MLS#: 24404603ICMLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 44
    • Bathrooms: 28
    Rooms
    • Room types: Living Room, Kitchen
    Heating
    • CFAE
    Cooling
    • CFAC
    Appliances
    • Included: Exhaust Fan, Oven/Range-Electric, Electric Water Heater
    • Laundry: Laundry Room, Community
    Features
    • Flooring: Mixed
    Interior area
    • Total structure area: 18,444
    • Total interior livable area: 18,444 sqft

    Property

    Parking
    • Total spaces: 34
    • Parking features: Carport, Parking Space
    • Carport spaces: 14
    • Uncovered spaces: 20
    Features
    • Stories: 2
    Lot
    • Size: 0.48 Acres
    Details
    • Zoning: R3
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    Materials
    • Stucco
    • Foundation: Slab
    • Roof: Shingle
    Condition
    • Year built: 1977

    Utilities & green energy

    • Sewer: City
    • Water: City

    Community & HOA

    Community
    • Subdivision: Mar Village
    Location
    • Region: El Centro

    Financial & listing details

    • Price per square foot: $155/sqft
    • Tax assessed value: $516,418
    • Date on market: 6/16/2024
    • Listing agreement: Exclusive Agency
    • Total actual rent: 21172
    • Tenant pays: Electricity

    Price history

    DateEventPrice
    8/20/2024Sold$2,850,000-18.6%$155/sqft
    Source: ICAOR #24404603IC Report a problem
    7/9/2024Pending sale$3,499,990$190/sqft
    Source: ICAOR #24404603IC Report a problem
    6/16/2024Listed for sale$3,499,990$190/sqft
    Source: ICAOR #24404603IC Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 92243

    Nearby schools

    GreatSchools rating
    Sell for more on Zillow
    Get a Zillow Showcase℠ listing at no additional cost and you could sell for .
    $2,717,300
    2% more
    +$54,346
    With Zillow Showcase(estimated)
    $2,771,646