NOT LISTED FOR SALE

1412 El Centro Ave El Centro, CA 92243

El Centro Area
12 Beds
6 Baths
-- Sq Ft
-- Built

Sale Details

Date Sold: July 31, 2025

Last sale price $959,000

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

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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
  • MLS Status: SOLD
  • Standard Status: Closed
  • FeedTypes: IDX
  • RFModificationTimestamp: 2025-08-14T22:30:26Z
  • FullAddress: 1412 El Centro Ave
  • ShortSale: No
  • SDMLS_NumofADUUnits: 1.0
  • Special Features: VirtualTour

Interior Features

  • Total Bedrooms: 12

Multi Family

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

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$959,000 Chicago Title Company
Olivas Daniel -- None Available
Olivas Adrian $391,000 Chicago Title Co
Olivas Adrian -- Chicago Title Co
Douglas Clifford -- Chicago Title Co
Baker Bruce B $140,000 Chicago Title
Baker Bruce B -- Chicago Title
Clifford Douglas Profit Sharing Plan $100,000 Commonwealth Land Title Ins
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Previous Owner $280,000
Previous Owner Olivas Daniel $210,000
Previous Owner Olivas Daniel $190,000
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $3,874 $959,000 $70,000 $889,000
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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