$375,000

116 W 12th St Imperial, CA 92251

Estimated payment $2,134/month

Total Views 51
4 Beds
3 Baths
-- Sq Ft
-- Price per Sq Ft

Highlights

  • Hot Property
  • Tile Flooring
  • 1-Story Property
  • Laundry closet
  • Central Heating and Cooling System
  • 5-minute walk to Eagar Park

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.

Listing Agent

Harley Robbins

eXp Realty of California Inc License #01990185 Listed on: 04/23/2026

eXp Realty of California Inc

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

Property Details

Home Type

Multi-Family

Year Built

Built in 1973

Lot Details

6,593 Sq Ft Lot

Listing Details

  • Prop. Type: Residential Income
  • Disclosures: As Is
  • Lot Acreage: 0.1510
  • Assessor Parcel Number: 063-222-007-000
  • Probate: False
  • Street Address: 116 W 12th St
  • Street Name Display: False
  • Street Number Display: False
  • Year Built: 1973
  • Builders Tract Name: Imperial Proper
  • State Abbrv: CA
  • Annual C F D Y N: False
  • Like Units2: 1
  • Scheduled Actual: Scheduled
  • Unit Actual Rent1: 1600.00
  • Unit Actual Rent2: 700.00
  • Unit Baths1: 1.00
  • Unit Baths2: 1.00
  • Unit Beds1: 1
  • Unit Beds2: 2
  • Unit Furnished1: No
  • Unit Furnished2: No
  • Unit Projected Rent1: 2000
  • Unit Projected Rent2: 1500
  • Unit Rent1: 800.00
  • Unit Rent2: 700.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Tile
  • Laundry: Laundry Area
  • Equipment: None
  • Total Bathrooms: 3.00
  • Bedrooms: 4

Exterior Features

  • Roof: Asphalt
  • Stories: 1

Garage/Parking

  • Other Spaces: 2
  • Garage: Driveway
  • Total Parking: 2

Utilities

  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Cooling: Central
  • Heating: Central
  • Water Heaters: True

Condo/Co-op/Association

  • No. of Units: 3

Lot Info

  • Lot Size Area: 6593
  • Total Assessed Value: 157724

Rental Info

  • Number Leased: 3
  • Owner Pays: Water
  • Lease Per Month Year: Month

Multi Family

  • Total Annual Expense: 175557

Map

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

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Average Value
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List Price
Sold Price
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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
Source: Public Records

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®

Source: Imperial County Association of REALTORS®

MLS Number: 26786777IC

Imperial County Association of REALTORS®

APN: 063-222-007-000

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