Seller's Agent in 2025
Berenice Martinez
Nava Commercial Capital & Real Estate Inc
(760) 455-3621
43 Total Sales
340 N Imperial Ave Unit 342 Brawley, CA 92227
Estimated Value: $215,000 - $276,000
2
Beds
2
Baths
1,132
Sq Ft
$220/Sq Ft
Est. Value
Highlights
- Carpet
- 1-Story Property
- 3-minute walk to Plaza Park
About This Home
As of April 2025Introducing a fantastic investment opportunity in Brawley, CA! A duplex featuring two 1-bedroom, 1-bathroom units. One unit boasts a long-term tenant of over a year, providing immediate and stable rental income, with the new owner assuming the remainder of the lease. The second unit is currently vacant, offering the potential for additional revenue. Estimated potential rental income for the vacant unit may be up to $1,100/month, making this an ideal property for both seasoned investors and those just starting out. Don't miss the chance to own a cash-flowing asset in a strong rental market!
Last Agent to Sell the Property
Nava Commercial Capital & Real Estate Inc License #01980806 Listed on: 03/27/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1955
Lot Details
- 6,425 Sq Ft Lot
Home Design
- Permanent Foundation
- Shingle Roof
- Stucco
Interior Spaces
- 1,132 Sq Ft Home
- 1-Story Property
- Gas Oven or Range
- Laundry Located Outside
Flooring
- Carpet
- Laminate
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Parking
- 4 Parking Spaces
- Uncovered Parking
Utilities
- Cooling System Mounted In Outer Wall Opening
- Heating System Mounted To A Wall or Window
- Gas Water Heater
Listing and Financial Details
- The owner pays for water
- Assessor Parcel Number 047-262-017-000
Community Details
Overview
- 2 Units
Building Details
- 340 Leased Units
- Operating Expense $220
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 27, 2025
Closed on
Apr 2, 2025
Sold by
Weir Erika
Bought by
Weir Karl Alejandro
Seller's Agent
Berenice Martinez
Nava Commercial Capital & Real Estate Inc
Buyer's Agent
George Nava
Nava Commercial Capital & Real Estate Inc
List Price
$275,000
Sold Price
$242,000
Premium/Discount to List
-$33,000
-12%
Views
2
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$7,391
Avg. Annual Appreciation
2.93%
Purchase Details
Listed on
Mar 27, 2025
Closed on
Mar 31, 2025
Sold by
Shank Linda
Bought by
Weir Karl Alejandro
Seller's Agent
Berenice Martinez
Nava Commercial Capital & Real Estate Inc
Buyer's Agent
George Nava
Nava Commercial Capital & Real Estate Inc
List Price
$275,000
Sold Price
$242,000
Premium/Discount to List
-$33,000
-12%
Views
2
Purchase Details
Closed on
Oct 30, 2007
Sold by
Shank Linda
Bought by
Shank Linda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$155,000
Interest Rate
6.29%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 12, 2007
Sold by
Shank Joel F
Bought by
Shank Linda
Purchase Details
Closed on
Jun 12, 2003
Sold by
Rem Properties Llc
Bought by
Shank Joel F and Shank Linda
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,400
Interest Rate
5.22%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 11, 2003
Sold by
Keiser Denise D
Bought by
Rem Properties Llc
Purchase Details
Closed on
May 15, 2002
Sold by
Watts William Chester and Watts Larry Arthur
Bought by
Keiser Denise D
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$45,000
Interest Rate
6.83%
Mortgage Type
Commercial
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Purchase History
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| Weir Karl Alejandro | -- | Chicago Title | |
| Weir Karl Alejandro | $242,000 | Chicago Title | |
| Shank Linda | -- | Chicago Title Company | |
| Shank Linda | -- | None Available | |
| Shank Joel F | $120,000 | Chicago Title Co | |
| Rem Properties Llc | -- | Chicago Title Co | |
| Keiser Denise D | $65,000 | Commonwealth Land Title Co |
Source: Public Records
Mortgage History
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Previous Owner | Shank Linda | $155,000 | |
| Previous Owner | Shank Joel F | $104,400 | |
| Previous Owner | Keiser Denise D | $45,000 |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 04/09/2025 04/09/25 | Sold | $242,000 | -12.0% | $214 / Sq Ft |
| 03/28/2025 03/28/25 | Pending | -- | -- | -- |
| 03/28/2025 03/28/25 | For Sale | $275,000 | +13.6% | $243 / Sq Ft |
| 03/28/2025 03/28/25 | Off Market | $242,000 | -- | -- |
| 03/27/2025 03/27/25 | For Sale | $275,000 | -- | $243 / Sq Ft |
Source: Imperial County Association of REALTORS®
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 | $1,844 | $170,594 | $49,752 | $120,842 |
| 2023 | $1,844 | $163,971 | $47,821 | $116,150 |
| 2022 | $1,846 | $160,757 | $46,884 | $113,873 |
| 2021 | $1,835 | $157,606 | $45,965 | $111,641 |
| 2020 | $1,834 | $155,991 | $45,494 | $110,497 |
| 2019 | $1,793 | $152,933 | $44,602 | $108,331 |
| 2018 | $1,752 | $149,935 | $43,728 | $106,207 |
| 2017 | $1,751 | $146,996 | $42,871 | $104,125 |
| 2016 | $1,687 | $144,115 | $42,031 | $102,084 |
| 2015 | $1,618 | $141,951 | $41,400 | $100,551 |
| 2014 | $1,593 | $139,172 | $40,590 | $98,582 |
Source: Public Records
Agents Affiliated with this Home
-
Berenice Martinez
-
George Nava
Seller Co-Listing Agent in 2025
George Nava
Nava Commercial Capital & Real Estate Inc
(760) 455-6373
19 Total Sales
Map
Source: Imperial County Association of REALTORS®
MLS Number: 25517221IC
APN: 047-262-017-000
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