116 W 12th St Imperial, CA 92251
Estimated payment $2,134/month
Highlights
- Laundry closet
- Central Heating and Cooling System
- 5-minute walk to Eagar Park
- Tile Flooring
- 1-Story Property
About This Home
This exceptional multifamily opportunity features three separate living units on a single spacious lot, offering immediate cash flow with significant future growth potential. The property includes a duplex with two comfortable 1-bedroom, 1-bath units and a separate detached 2-bedroom, 1-bath house. Each unit has its own entrance and private feel, making it easy to manage and attractive to tenants. Current rents are $800, $700, and $800 per month, with strong upside to projected market rents of $1,000, $1,000, and $1,500.Perfect for investors seeking turnkey income or savvy buyers looking for a value-add play. The generous lot size provides excellent space for a potential additional Accessory Dwelling Unit (ADU) buyer to verify with local zoning which could create even more rental income or multigenerational living options in this high-demand rental market. Whether you're an investor building a portfolio, an owner-occupant who wants to live in one unit while renting the others, or someone planning for future expansion, this property delivers flexibility and long-term value. The configuration supports easy tenant turnover and strong cash-on-cash returns once stabilized. Don't miss this rare chance to own a true compound-style multifamily asset with built-in expansion possibilities. Full rent roll, income/expense history, and pro forma available upon request. Call your realtor today to schedule a private showing and see the income potential for yourself.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1973
Lot Details
- 6,593 Sq Ft Lot
Home Design
- Asphalt Roof
Interior Spaces
- 1-Story Property
- Tile Flooring
- Laundry closet
Bedrooms and Bathrooms
- 4 Bedrooms
- 3 Bathrooms
Parking
- 2 Parking Spaces
- Driveway
Utilities
- Central Heating and Cooling System
- Gas Water Heater
Listing and Financial Details
- Assessor Parcel Number 063-222-007-000
Community Details
Overview
- 3 Units
- Imperial Proper Subdivision
Building Details
- 3 Leased Units
- Operating Expense $175,557
Map
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $1,723 | $157,724 | $43,320 | $114,404 |
| 2023 | $1,723 | $151,601 | $41,639 | $109,962 |
| 2022 | $1,687 | $148,629 | $40,823 | $107,806 |
| 2021 | $1,661 | $145,716 | $40,023 | $105,693 |
| 2020 | $1,644 | $144,223 | $39,613 | $104,610 |
| 2019 | $1,622 | $141,396 | $38,837 | $102,559 |
| 2018 | $1,601 | $138,625 | $38,076 | $100,549 |
| 2017 | $1,507 | $135,908 | $37,330 | $98,578 |
| 2016 | $1,453 | $133,245 | $36,599 | $96,646 |
| 2015 | $1,469 | $131,245 | $36,050 | $95,195 |
| 2014 | $1,372 | $128,675 | $35,344 | $93,331 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/23/2026 04/23/26 | For Sale | $375,000 | -- | -- |
Source: Imperial County Association of REALTORS®
MLS Number: 26786777IC
APN: 063-222-007-000
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Ask me questions while you tour the home.