NOT LISTED FOR SALE

454 W Olive Ave El Centro, CA 92243

Estimated Value: $523,000 - $1,184,726

7 Beds
4 Baths
2,604 Sq Ft
$279/Sq Ft Est. Value

Last Sold December 22, 2022

Last sale price $500,000 $192 Per Sq Ft

Est. 45% increase in value since last sale

Current estimated payment $4,250/month

37 Days on Market

Highlights

  • Gated Parking
  • Fenced Yard
  • Combination Kitchen and Dining Room
  • A-Frame Home
  • Central Heating and Cooling System
  • Ceiling Fan

About This Home

As of December 2022

This home is located at 454 W Olive Ave, El Centro, CA 92243 since 28 September 2022 and is currently estimated at $725,432, approximately $278 per square foot. This property was built in 1988. 454 W Olive Ave is a home located in Imperial County with nearby schools including Lincoln Elementary School, Kennedy Middle School, and Central Union High School.

Last Agent to Sell the Property

Robert Irving

Robert Irving, Broker License #00615544 Listed on: 09/28/2022

Last Buyer's Agent

Aime Peralta

ERA The Real Estate Store License #01713840

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1988

Lot Details

  • 8,396 Sq Ft Lot
  • Lot Dimensions are 60 x 141
  • Fenced Yard
  • Front Yard

Home Design

  • A-Frame Home
  • Slab Foundation
  • Stucco

Interior Spaces

  • 2,604 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Combination Kitchen and Dining Room
  • Gas Oven or Range
  • Laundry Located Outside

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 7 Bedrooms
  • 4 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Parking

  • 12 Parking Spaces
  • Gated Parking

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for gas, electricity, move in fee, move out fee
  • The owner pays for gas, water
  • Assessor Parcel Number 053-193-015-000
  • $378 per year additional tax assessments
  • Special Tax Authority

Community Details

Overview

  • 4 Units
  • Townsite Of El Centro Subdivision
  • Property managed by CBRE Property Management

Building Details

  • 4 Leased Units
  • Electric Expense $75
  • Fuel Expense $25
  • Operating Expense $4,737

Property Details

Home Type

Multi-Family

Year Built

Built in 1988

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Accessibility: None
  • Disclosures: None
  • Lot Description: Front Yard, Fenced Yard, Fenced, Curbs
  • Lot Location: City
  • Style: A-Frame
  • Lot Acreage: 0.1930
  • Lot Size: 60 x 141
  • Price/ Sq Ft: 207.37
  • Additional Assessor Parcel Numbers: False
  • Assessor Parcel Number: 053-193-015-000
  • Probate: False
  • Street Address: 454 W Olive Ave
  • Street Name Display: True
  • Street Number Display: True
  • Year Built: 1988
  • Builders Tract Name: Townsite of El Centro
  • State Abbrv: CA
  • ADA Compliant: False
  • Alley: True
  • Annual C F D Amount: 378.20
  • Annual C F D Y N: True
  • Building Permit: True
  • Like Units2: 2
  • Like Units3: 3
  • Like Units4: 4
  • Sale Agent Board: OUT OF AREA BOARD
  • Sale Agent Broker I D: IC2777
  • Sale Agent Cell: 760-310-1441
  • Sale Agent Email: aimeperaltarealtor@gmail.com
  • Sale Agent First Name: Aime
  • Sale Agent I D: IC2049
  • Sale Agent Last Name: Peralta
  • Sale Agent License Number: 01713840
  • Sale Agent Office I D: IC3099
  • Sale Agent Office Phone: 760-352-0923
  • Sale Agent Phone: 760-310-1441
  • Sale Agent Website: www.aimeperaltarealtor.com
  • Sale Broker License Number: 01949246
  • Sale Office Address1: 447 W. Aten Rd.
  • Sale Office Address2: Suite 1
  • Sale Office Broker I D: IC2777
  • Sale Office City: Imperial
  • Sale Office Fax: 760-352-0341
  • Sale Office I D: IC3099
  • Sale Office Name: ERA The Real Estate Store
  • Sale Office Phone: 760-352-0923
  • Sale Office State: CA
  • Sale Office Website: www.ivhomeinfo.com
  • Sale Office Zip: 92251
  • Scheduled Actual: Actual
  • Unit Actual Rent1: 750.00
  • Unit Actual Rent2: 850.00
  • Unit Actual Rent3: 850.00
  • Unit Actual Rent4: 850.00
  • Unit Baths1: 1.00
  • Unit Baths2: 1.00
  • Unit Baths3: 1.00
  • Unit Baths4: 1.00
  • Unit Beds1: 1
  • Unit Beds2: 2
  • Unit Beds3: 2
  • Unit Beds4: 2
  • Unit Furnished1: No
  • Unit Furnished2: No
  • Unit Furnished3: No
  • Unit Furnished4: No
  • Unit Projected Rent1: 800
  • Unit Projected Rent2: 900
  • Unit Projected Rent3: 900
  • Unit Projected Rent4: 900
  • Unit Rent1: 750.00
  • Unit Rent2: 850.00
  • Unit Rent3: 850.00
  • Unit Rent4: 850.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate
  • Laundry: Laundry Area, Outside
  • Equipment: Ceiling Fan, Oven/Range-Gas
  • Laundry Equipment: Own
  • Living Area: 2604
  • Total Bathrooms: 4.00
  • Bedrooms: 7

Exterior Features

  • Construction: Stucco
  • Fence: Wood, Wrought Iron
  • Foundation: Slab
  • Patio: None
  • Roof: Common Roof
  • Spa: None
  • Tennis Court: None
  • Stories: 1

Garage/Parking

  • Other Spaces: 12
  • Garage: Gated
  • Total Parking: 12

Utilities

  • Security: Smoke Detector, Carbon Monoxide Detector(s), Gated
  • Sewer: City
  • Sprinklers: None
  • Water: City
  • Water Heater: Gas
  • Cooling: Central, Air Conditioning
  • Heating: Central
  • Water Heaters: True

Condo/Co-op/Association

  • Management Company: CBRE Property Management
  • Mgmt Co Phone: 7603570387|Rosa
  • No. of Units: 4

Lot Info

  • Lot Size Area: 8396
  • Total Assessed Value: 289072

Rental Info

  • Number Leased: 4
  • Owner Pays: Gas, Water
  • RentControlYN: False

Building Info

  • Spa Yn: False

Multi Family

  • Gas Expense: 25.00
  • TenantPays: Gas, Electricity, Move In Fee, Move Out Fee
  • Water Expense: 125.00
  • ElectricExpense: 75.00
  • Price Per Unit: 135000.00
  • Total Annual Expense: 4737

Tax Info

  • Tax Expense: 3212.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Sep 28, 2022
Closed on
Jan 27, 2023
Sold by
Vdc Arellano 3 Llc
Bought by
Vdc Arellano 2 Llc
Seller's Agent
Robert Irving
Robert Irving, Broker
Buyer's Agent
Aime Peralta
ERA The Real Estate Store
List Price
$540,000
Sold Price
$500,000
Premium/Discount to List
-$40,000
-7.41%
Current Estimated Value
$725,432

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$225,432
Avg. Annual Appreciation
12.54%

Purchase Details

Listed on
Sep 28, 2022
Closed on
Dec 20, 2022
Sold by
Lee Rosa X and Yao Jing
Bought by
Vdc Arellano 3 Llc
Seller's Agent
Robert Irving
Robert Irving, Broker
Buyer's Agent
Aime Peralta
ERA The Real Estate Store
List Price
$540,000
Sold Price
$500,000
Premium/Discount to List
-$40,000
-7.41%

Purchase Details

Listed on
Sep 28, 2022
Closed on
Dec 15, 2022
Sold by
Zhu And Lee Family Trust
Bought by
Lee Rosa X and Zhu Jing Yao
Seller's Agent
Robert Irving
Robert Irving, Broker
Buyer's Agent
Aime Peralta
ERA The Real Estate Store
List Price
$540,000
Sold Price
$500,000
Premium/Discount to List
-$40,000
-7.41%

Purchase Details

Closed on
Sep 30, 2022
Sold by
Zhu Jing Yao and Rosa Xin
Bought by
Zhu And Lee Family Trust

Purchase Details

Closed on
Dec 12, 2018
Sold by
Quan William
Bought by
Lee Rosa X and Zhu Jing Yao
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Vdc Arellano 2 Llc -- --
Vdc Arellano 3 Llc $1,000,000 Lawyers Title
Lee Rosa X -- Lawyers Title
Zhu And Lee Family Trust -- --
Lee Rosa X $275,000 Stewart Title Of California
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
12/22/2022 12/22/22 Sold $500,000 -7.4% $192 / Sq Ft
11/04/2022 11/04/22 Pending -- -- --
09/28/2022 09/28/22 For Sale $540,000 +96.4% $207 / Sq Ft
02/25/2019 02/25/19 Sold $275,000 0.0% $106 / Sq Ft View Prior Sale
11/28/2018 11/28/18 Off Market $275,000 -- --
10/30/2018 10/30/18 For Sale $290,000 -- $111 / 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 $5,793 $520,200 $78,030 $442,170
2023 $5,793 $500,000 $75,000 $425,000
2022 $3,295 $289,072 $68,325 $220,747
2021 $3,212 $283,405 $66,986 $216,419
2020 $3,273 $280,500 $66,300 $214,200
2019 $2,260 $193,678 $41,215 $152,463
2018 $2,249 $189,881 $40,407 $149,474
2017 $2,226 $186,159 $39,615 $146,544
2016 $2,182 $182,510 $38,839 $143,671
2015 $2,151 $179,769 $38,256 $141,513
2014 $2,104 $176,248 $37,507 $138,741
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Imperial County Association of REALTORS®

MLS Number: 22203994IC

Imperial County Association of REALTORS®

APN: 053-193-015-000

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