$959,000
SOLD JUL 31, 2025

1412 El Centro Ave El Centro, CA 92243

12 Beds
6 Baths
-- Sq Ft
-- Built

Recently Sold

12% Below List Price

34 Days on Market

About This Home

As of July 2025

Fantastic Investment Opportunity 6-Unit Property in Prime El Centro Location! Own a centrally located six-unit multifamily property in the heart of El Centro. With a potential gross rental income of $86,400 per year and low annual expenses of just $9,462, this asset offers a strong cap rate and solid long-term cash flow. Each unit is well-maintained and tenant-ready at full occupancy, providing immediate rental potential. The property is situated in a high-demand area, just minutes from shopping centers, medical offices, restaurants, and public transportation, making it attractive to a wide range of tenants. Whether you're looking to expand your real estate portfolio or secure a stable income-producing asset, this six plex checks all the boxes. El Centro continues to show steady rental demand and growth, making this a smart and strategic investment. Highlights:6 income-generating units Projected $86,400 gross income/year and Low operating costs: $9,462/year Excellent cap rate.

Last Agent to Sell the Property

Manny Hernandez

American Group License #01253348 Listed on: 06/09/2025

Last Buyer's Agent

Outside Agent

Multi-Regional MLS

Property Details

Home Type

  • Multi-Family

Home Design

Interior Spaces

  • 12 Bedrooms
  • 2-Story Property

Additional Homes

  • Number of ADU Units: 1

Community Details

  • 6 Units
  • Operating Expense $9,462

Property Details

Home Type

Multi-Family

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Type: Residential Income
  • Stories: 2
  • Property Sub Type: Com-Res Income
  • Co List Office Mls Id: 68580
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-08-14T22:30:26Z
  • FullAddress: 1412 El Centro Ave
  • ShortSale: No
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 12

Multi Family

  • Number Of Buildings: 1
  • Number Of Units Total: 6
  • Annual Operating Expense: 9462.0
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Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2025 07/31/25 Sold $959,000 -8.6% --
07/14/2025 07/14/25 Pending -- -- --
06/16/2025 06/16/25 Price Changed $1,049,000 -3.7% --
06/09/2025 06/09/25 For Sale $1,089,000 0.0% --
07/02/2012 07/02/12 Rented -- -- --
06/04/2012 06/04/12 Under Contract -- -- --
04/12/2012 04/12/12 For Rent -- -- --
Source: San Diego MLS

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 $3,765 $325,437 $104,040 $221,397
2023 $3,765 $325,437 $104,040 $221,397
2022 $3,737 $325,437 $104,040 $221,397
2021 $3,714 $325,437 $104,040 $221,397
2020 $3,803 $325,437 $104,040 $221,397
2019 $3,760 $325,437 $104,040 $221,397
2018 $3,813 $325,437 $104,040 $221,397
2017 $3,848 $325,437 $104,040 $221,397
2016 $3,845 $325,437 $104,040 $221,397
2015 $3,845 $325,437 $104,040 $221,397
2014 $3,834 $325,437 $104,040 $221,397
Source: Public Records

Agents Affiliated with this Home

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Map

Source: San Diego MLS

MLS Number: 250030034

San Diego MLS
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