Wonderful opportunity to build your rental portfolio. This property is affordable with tons of potential to build on. The units are older but have good bones, lots of potential for remodeling and potential for great rental income. There is also potential to build additional unit or possibly more. Each unit has its own water, electric and gas meter, so owner expenses will be low. Each unit also has a laundry hook ups. This property has been owned by the same family for decades.
Sold for $325,000
$325,000
543 W Olive Ave #547, El Centro, CA 92243
3beds
3baths
2,092sqft
MultiFamily
Built in 1938
-- sqft lot
$399,100 Zestimate®
$155/sqft
$1,673 Estimated rent
Home value
$399,100
$371,000 - $431,000
$1,673/mo
Zestimate® history
Owner options
List your home for rent
$1,673/mo
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$1,673/mo
Rent Zestimate®
Refinance and save
$2,080/mo
Est. payment
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$2,080/mo
Est. payment
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List your homeWhat's special
Zillow last checked:
Listed by:
Rachelle Wilkinson 760-352-7700,
Coldwell Banker The Wilkinson Team 760-352-7700
Bought with:
Estela Gonzalez, 02050561
Coldwell Banker The Wilkinson Team
Source: ICAOR,MLS#: 24407829IC
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
Rooms
- Room types: Kitchen, Living Room, Living/Dining
Heating
- None
Cooling
- Window Unit(s)
Appliances
- Included: Oven/Range-Gas, Gas Water Heater, Electric Water Heater
- Laundry: Laundry Room, Gas Or Electric Dryer Hookup
Features
- Flooring: Laminate, Linoleum, Wood
Interior area
- Total structure area: 2,092
- Total interior livable area: 2,092 sqft
Property
Parking
- Total spaces: 3
- Parking features: On Street
- Uncovered spaces: 3
Features
- Stories: 1
Lot
- Size: 8,067 Square Feet
Details
- Zoning: R2
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
Materials
- Roof: Asphalt,Other
Condition
- Year built: 1938
Utilities & green energy
- Sewer: City
- Water: City
Community & HOA
Location
- Region: El Centro
Financial & listing details
- Price per square foot: $155/sqft
- Date on market: 8/12/2024
- Listing agreement: Exclusive Right To Sell
- Total actual rent: 925
- Tenant pays: Gas, Electricity, Water
Price history
| Date | Event | Price |
|---|---|---|
| 11/5/2024 | Sold | $325,000-13.3%$155/sqft |
Source:  ICAOR #24407829IC Report a problem | ||
| 10/2/2024 | Contingent | $375,000$179/sqft |
Source: ICAOR #24407829IC Report a problem | ||
| 8/12/2024 | Listed for sale | $375,000$179/sqft |
Source: ICAOR #24407829IC Report a problem | ||
| 7/19/2024 | Contingent | $375,000$179/sqft |
Source: ICAOR #24407829IC Report a problem | ||
| 6/28/2024 | Listed for sale | $375,000$179/sqft |
Source: ICAOR #24407829IC 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: 0.7 mi
- 6/10Kennedy Middle SchoolGrades: 7-8Distance: 0.7 mi
- 6/10Central Union High SchoolGrades: 9-12Distance: 0.7 mi
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$399,100
2% more
+$7,982
With Zillow Showcase(estimated)
$407,082
- California
- Imperial County
- El Centro
- 92243
- 543 W Olive Ave Unit 547
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