Prime Investment Opportunity! Spacious 4-bedroom, 2-bathroom home on a massive 13,506 sq ft corner lot nearly double the average size! With a housing shortage driving high demand for both rentals and primary residences, this property is a smart investment.The single-story layout offers 1,248 sq ft of living space, and the oversized lot provides endless potential add an ADU, expand the home, or create a stunning outdoor space. Located in a quiet neighborhood, this property is well-positioned for strong rental income, fix-and-flip potential, or long-term value appreciation.Opportunities like this are rare. Move fast this won't last! Great opportunity for homeowners or investors looking for a spacious property with strong potential.
Sold for $240,000
$240,000
402 N Lake Ave, Calipatria, CA 92233
4beds
1,235sqft
Single Family Residence
Built in 1978
0.31 Acres Lot
$252,700 Zestimate®
$194/sqft
$1,989 Estimated rent
Home value
$252,700
$230,000 - $275,000
$1,989/mo
Zestimate® history
Owner options
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$1,989/mo
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$1,989/mo
Rent Zestimate®
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$1,587/mo
Est. payment
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$1,587/mo
Est. payment
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List your homeWhat's special
Oversized lotSingle-story layoutCorner lot
Zillow last checked:
Listed by:
Priscilla Coronado,
DMA Real Estate
Bought with:
Alcy Garcia, 01890606
Gold Key Real Estate
Brianda Cardenas Huizar, 02246049
Gold Key Real Estate
Source: ICAOR,MLS#: 25504413IC
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
Rooms
- Room types: Other
Heating
- Other
Cooling
- CFAC
Appliances
- Included: Gas Water Heater
- Laundry: In Garage
Features
- Ceiling Fan(s)
- Flooring: Tile
- Has fireplace: No
Interior area
- Total structure area: 1,235
- Total interior livable area: 1,235 sqft
Property
Parking
- Total spaces: 9
- Parking features: RV Access/Parking
- Garage spaces: 1
- Uncovered spaces: 8
Features
- Stories: 1
- Patio & porch: Covered
- Pool features: None
- Spa features: None
- Fencing: None
Lot
- Size: 0.31 Acres
Details
- Parcel number: 023161017000
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Property subtype: Single Family Residence
Materials
- Stucco
- Foundation: Slab
- Roof: Composition
Condition
- Fixer
- New construction: No
- Year built: 1978
Utilities & green energy
- Gas: Yes
- Sewer: City
- Water: City
Community & HOA
Community
- Subdivision: Townsite Of Calipatria
Location
- Region: Calipatria
Financial & listing details
- Price per square foot: $194/sqft
- Tax assessed value: $73,181
- Annual tax amount: $886
- Date on market: 3/10/2025
- Listing agreement: Exclusive Right To Sell
Price history
| Date | Event | Price |
|---|---|---|
| 6/11/2025 | Sold | $240,000+2.1%$194/sqft |
Source:  ICAOR #25504413IC Report a problem | ||
| 4/2/2025 | Pending sale | $235,000$190/sqft |
Source: ICAOR #25504413IC Report a problem | ||
| 3/10/2025 | Listed for sale | $235,000$190/sqft |
Source: ICAOR #25504413IC Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $886 -5.9% | $73,181 +2% |
| 2024 | $941 +8% | $71,747 +2% |
| 2023 | $872 | $70,341 +2% |
| 2022 | -- | $68,963 +3.1% |
| 2021 | $871 +2.1% | $66,919 |
| 2020 | $853 -20% | $66,919 +2% |
| 2019 | $1,066 | $65,608 +2% |
| 2018 | $1,066 | $64,323 +2% |
| 2017 | -- | $63,063 +2% |
| 2016 | -- | $61,827 +1.5% |
| 2015 | -- | $60,899 +2% |
| 2014 | -- | $59,707 +0.5% |
| 2013 | -- | $59,438 +2% |
| 2012 | -- | $58,274 +2% |
| 2011 | -- | $57,132 +0.8% |
| 2010 | -- | $56,706 -0.2% |
| 2009 | -- | $56,842 +2% |
| 2008 | -- | $55,729 +4% |
| 2006 | -- | $53,566 +2% |
| 2005 | -- | $52,517 |
Find assessor info on the county website
Neighborhood: 92233
Nearby homes
- $274,200-- bd-- ba1.5k sqft322 W California St, Calipatria, CA 92233Off Market
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- $220,400-- bd-- ba1k sqft230 W California St, Calipatria, CA 92233Off Market
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- $294,8003 bd1 ba1.1k sqft102-110 N Lake Ave, Calipatria, CA 92233Off Market
- $193,900-- bd-- ba1.6k sqft220 W California St, Calipatria, CA 92233Off Market
Nearby schools
GreatSchools rating
- 3/10Fremont Primary SchoolGrades: K-4Distance: 0.3 mi
- 6/10Bill E. Young Jr. Middle SchoolGrades: 5-8Distance: 0.4 mi
- 4/10Calipatria High SchoolGrades: 9-12Distance: 0.4 mi
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$252,700
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+$5,054
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$257,754
- California
- Imperial County
- Calipatria
- 92233
- 402 N Lake Ave
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