Good investment property with five stand alone cottages. Four units had been recently remodeled, with positive cash flow potential. The fifth unit is in the process of being remodeled. Please call ahead, four units are occupied and require at least 24 hours notice to enter.
Sold for $415,000
$415,000
470-8 Olive Ave, El Centro, CA 92243
10beds
5baths
2,400sqft
5 to 10 Units
Built in 1963
-- sqft lot
$534,300 Zestimate®
$173/sqft
$1,471 Estimated rent
Home value
$534,300
$497,000 - $582,000
$1,471/mo
Zestimate® history
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Zillow last checked:
Listed by:
Dalila Flores-Ruiz,
CLI Realty Innovations
Bought with:
Subscriber Non
Non-Participant Office
Source: ICAOR,MLS#: 23326927IC
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
- Bathrooms: 5
Rooms
- Room types: Kitchen
Heating
- None
Cooling
- Central Air, Wall/Window Unit(s), Air Conditioning
Appliances
- Included: Oven/Range-Gas, Gas Water Heater
- Laundry: None
Features
- Ceiling Fan(s)
- Flooring: Vinyl Tile
Interior area
- Total structure area: 2,400
- Total interior livable area: 2,400 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Features
- Stories: 1
Lot
- Size: 8,461 Square Feet
Details
- Zoning: CS
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: 5 to 10 Units
Materials
- Roof: Asphalt
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1963
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Community
- Security: Carbon Monoxide Detector(s), Smoke Detector(s)
Location
- Region: El Centro
Financial & listing details
- Price per square foot: $173/sqft
- Tax assessed value: $236,512
- Date on market: 4/20/2024
- Listing agreement: ER
- Total actual rent: 4720
- Tenant pays: Electricity, Gas
Price history
| Date | Event | Price |
|---|---|---|
| 4/19/2024 | Pending sale | $455,000+9.6%$190/sqft |
Source:  ICAOR #23326927IC Report a problem | ||
| 4/17/2024 | Sold | $415,000-8.8%$173/sqft |
Source: ICAOR #23326927IC Report a problem | ||
| 10/31/2023 | Listed for sale | $455,000+102.2%$190/sqft |
Source: ICAOR #23326927IC Report a problem | ||
| 9/13/2019 | Sold | $225,000$94/sqft |
Source: ICAOR #18346274IC Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: 92243
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Nearby schools
GreatSchools rating
- 8/10Lincoln Elementary SchoolGrades: K-6Distance: 0.8 mi
- 6/10Kennedy Middle SchoolGrades: 7-8Distance: 0.7 mi
- 6/10Central Union High SchoolGrades: 9-12Distance: 0.8 mi
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- California
- Imperial County
- El Centro
- 92243
- 470-8 Olive Ave
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