$762,000
SOLD APR 30, 2025

216 Beach Ave Calexico, CA 92231

12 Beds
2 Baths
4,000 Sq Ft
6,485 Sq Ft Lot

Recently Sold

$190 Per Sq Ft

6% Below List Price

196 Days on Market

About This Home

As of April 2025

Welcome to Your Next Great Investment Opportunityg . Picture a property that's not only a fantastic opportunity for seasoned investors but also a perfect starting point . Welcome to our Residential Income Property a meticulously remodeled 4-unit residential gem designed to elevate your investment portfolio.A Remodel That ShinesStep into luxury with our recently remodeled units, featuring elegant luxury vinyl plank flooring that adds both style and durability to each living space. Each of the four units boasts 3 bedrooms and 1 bathroom, delivering comfortable and spacious living .Modern ComfortsEvery unit is equipped with brand-new appliances and sleek granite countertops, ensuring a modern and functional living environment. These upgrades not only make the units more appealing

Last Agent to Sell the Property

Martin Conde

Martin Conde, Broker Brokerage Phone: 951-764-2484 License #01470570 Listed on: 10/16/2024

Last Buyer's Agent

Olechka Ermolin

MLSListings, Inc. License #81233259

MLSListings, Inc.

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1991

Lot Details

  • 6,485 Sq Ft Lot
  • No Common Walls
  • Density is up to 1 Unit/Acre

Parking

  • 4 Car Garage

Home Design

  • Quadruplex
  • Entry on the 1st floor

Interior Spaces

  • 4,000 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 2 Bathrooms

Location

  • Urban Location

Listing and Financial Details

  • Tenant pays for all utilities, cable TV
  • Legal Lot and Block 7 / 1A
  • Tax Tract Number 125
  • Assessor Parcel Number 058553017000
  • $486 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $1
  • Fuel Expense $1
  • Insurance Expense $1
  • Trash Expense $1
  • Water Sewer Expense $1
  • Operating Expense $10,507
  • Gross Income $68,693
  • Net Operating Income $68,693

Property Details

Home Type

Multi-Family

Year Built

Built in 1991

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1.00
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 058553017000
  • Year Built: 1991
  • AgentOnly_SellerConsiderConcessionYN: No
  • Special Features: None

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 190.50

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Sq Ft: 6485.00
  • Lot Size Acres: 0.1489

Rental Info

  • Tenant Pays: All Utilities, Cable TV

Multi Family

  • Electric Expense: 1.00
  • Fuel Expense: 1.00
  • Gross Income: 68693.00
  • Gross Operating Income: 68693.00
  • Gross Scheduled Income: 79200.00
  • Insurance Expense: 1.00
  • Lot Size Area: 6485.0000 Square Feet
  • Net Operating Income: 68693.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 1.00
  • Rent Control: No
  • Total Actual Rent: 6600.00
  • Total Expenses: 10507.00

Tax Info

  • Tax Block: 1A
  • Tax Census Tract: 120.01
  • Tax Lot: 7
  • Tax Tract Number: 125
  • TaxOtherAnnualAssessmentAmount: 486.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jan 8, 2025
Sold by
Schreiber Charles R
Bought by
Vega Raul Sarmiento and Sarmiento Leonor
Current Estimated Value
$733,197

Purchase Details

Closed on
Mar 10, 2015
Sold by
Schreiber Priscilla J
Bought by
Schreiber Charles R

Purchase Details

Closed on
Jun 13, 2012
Sold by
Selby Jacqueline Kim
Bought by
Schreiber Charles R

Purchase Details

Closed on
Feb 3, 2006
Sold by
Selby Jacqueline Kim and Selby Jacqueline K
Bought by
Selby Jacquline Kim

Purchase Details

Closed on
Dec 4, 2003
Sold by
Quintero Jose Cleofas
Bought by
Selby Jacqueline K

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$169,000
Interest Rate
4.35%
Mortgage Type
Commercial
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
Not Available
List Price
Sold Price
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Purchase History

Date Type Sale Price Title Company
Grant Deed $755,000 Stewart Title
Interfamily Deed Transfer -- Chicago Title Company
Grant Deed $172,500 Chicago Title Company
Interfamily Deed Transfer -- Fidelity National Title Co
Grant Deed $270,000 Stewart Title Of Ca
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $169,000 Commercial
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/30/2025 04/30/25 Sold $762,000 -5.7% $191 / Sq Ft
10/16/2024 10/16/24 For Sale $808,000 -- $202 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $2,581 $212,407 $49,250 $163,157
2023 $2,581 $204,161 $47,339 $156,822
2022 $2,500 $200,159 $46,411 $153,748
2021 $2,426 $196,235 $45,501 $150,734
2020 $2,336 $194,224 $45,035 $149,189
2019 $2,269 $190,416 $44,152 $146,264
2018 $2,248 $186,684 $43,287 $143,397
2017 $2,086 $183,025 $42,439 $140,586
2016 $1,990 $179,437 $41,607 $137,830
2015 $1,955 $176,743 $40,983 $135,760
2014 $1,909 $173,282 $40,181 $133,101
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW24215074

California Regional Multiple Listing Service (CRMLS)

APN: 058-553-017-000