$415,000
SOLD APR 17, 2024

470 W Olive Ave El Centro, CA 92243

10 Beds
5 Baths
2,400 Sq Ft
8,461 Sq Ft Lot

Recently Sold

$173 Per Sq Ft

9% Below List Price

190 Days on Market

Highlights

  • Central Air
  • Vinyl Flooring
  • 1-Story Property
  • Ceiling Fan

About This Home

As of April 2024

This home is located at 470 W Olive Ave, El Centro, CA 92243 and is currently priced at $415,000, approximately $172 per square foot. This property was built in 1963. 470 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

Dalila Flores-Ruiz

CLI Realty Innovations License #01883392 Listed on: 10/05/2023

Last Buyer's Agent

Subscriber Non

Non-Participant Office

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,765

Year Built

  • Built in 1963

Lot Details

  • 8,461 Sq Ft Lot
  • Chain Link Fence

Parking

  • On-Street Parking

Home Design

  • Asphalt Roof

Interior Spaces

  • 2,400 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Vinyl Flooring
  • Gas Oven or Range

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 5 Bathrooms

Home Security

  • Carbon Monoxide Detectors
  • Fire and Smoke Detector

Utilities

  • Central Air
  • Cooling System Mounted To A Wall/Window
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for electricity, gas
  • The owner pays for gardener, water
  • Assessor Parcel Number 053-193-017-000

Community Details

Overview

  • 5 Units

Building Details

  • 4 Leased Units
  • Operating Expense $12,480

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,765

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Disclosures: As Is
  • Lot Acreage: 0.1940
  • Price/ Sq Ft: 189.58
  • Assessor Parcel Number: 053-193-017-000
  • Street Address: 470 W Olive Ave
  • Street Name Display: True
  • Street Number Display: True
  • Year Built: 1963
  • State Abbrv: CA
  • Annual C F D Y N: False
  • Like Units1: 1
  • Like Units2: 1
  • Like Units3: 1
  • Like Units4: 1
  • Like Units5: 1
  • Number Of Photos: 4
  • Sale Agent Board: OUT OF AREA BOARD
  • Sale Agent Broker I D: IC119628
  • Sale Agent First Name: Subscriber
  • Sale Agent I D: IC99999
  • Sale Agent Last Name: Non
  • Sale Agent Office I D: IC99999
  • Sale Office Address1: 1850 West Main St.
  • Sale Office Broker I D: IC119628
  • Sale Office City: El Centro
  • Sale Office I D: IC99999
  • Sale Office Name: Non-Participant Office
  • Sale Office State: CA
  • Sale Office Zip: 92243
  • Scheduled Actual: Scheduled
  • Unit Actual Rent1: 980.00
  • Unit Actual Rent2: 935.00
  • Unit Actual Rent3: 935.00
  • Unit Actual Rent4: 935.00
  • Unit Actual Rent5: 935.00
  • Unit Baths1: 1.00
  • Unit Baths2: 1.00
  • Unit Baths3: 1.00
  • Unit Baths4: 1.00
  • Unit Baths5: 1.00
  • Unit Beds1: 2
  • Unit Beds2: 2
  • Unit Beds3: 2
  • Unit Beds4: 2
  • Unit Beds5: 2
  • Unit Furnished1: No
  • Unit Furnished2: No
  • Unit Furnished3: No
  • Unit Furnished4: No
  • Unit Furnished5: No
  • Unit Projected Rent1: 1000
  • Unit Projected Rent2: 950
  • Unit Projected Rent3: 950
  • Unit Projected Rent4: 950
  • Unit Projected Rent5: 950
  • Unit Rent1: 980.00
  • Unit Rent2: 935.00
  • Unit Rent3: 935.00
  • Unit Rent4: 935.00
  • Unit Rent5: 935.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Vinyl Tile
  • Laundry: None
  • Equipment: Ceiling Fan, Oven/Range-Gas
  • Living Area: 2400
  • Total Bathrooms: 5.00
  • Bedrooms: 10

Exterior Features

  • Fence: Chain Link
  • Roof: Asphalt
  • Stories: 1

Garage/Parking

  • Garage: On street

Utilities

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

Condo/Co-op/Association

  • No. of Units: 5

Lot Info

  • Lot Size Area: 8461
  • Total Assessed Value: 236512

Rental Info

  • Number Leased: 4
  • Owner Pays: Gardener, Water

Multi Family

  • TenantPays: Electricity, Gas
  • Total Annual Expense: 12480

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 5, 2023
Closed on
Mar 28, 2024
Sold by
Garcia Pomposa
Bought by
Cantwell Claye and Cantwell Alyssa S
Seller's Agent
Dalila Flores-Ruiz
CLI Realty Innovations
Buyer's Agent
Subscriber Non
Non-Participant Office
List Price
$455,000
Sold Price
$415,000
Premium/Discount to List
-$40,000
-8.79%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
26.63%

Purchase Details

Listed on
May 21, 2018
Closed on
Sep 13, 2019
Sold by
Cockrum John L
Bought by
Garcia Pomposa
Seller's Agent
Allison Childers
Childers Real Estate
Buyer's Agent
Dalila Flores-Ruiz
CLI Realty Innovations
List Price
$260,000
Sold Price
$225,000
Premium/Discount to List
-$35,000
-13.46%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
14.23%
Original Mortgage
$150,000
Interest Rate
3.7%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 10, 2017
Sold by
Cockrum John L
Bought by
Cockrum John L
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $410,000 Stewart Title
Grant Deed $225,000 Orange Coast Title Company
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $299,000 New Conventional
Previous Owner $150,000 Commercial
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/16/2025 06/16/25 Price Changed $599,000 -0.2% $250 / Sq Ft
06/12/2025 06/12/25 Price Changed $600,000 -4.0% $250 / Sq Ft
03/05/2025 03/05/25 For Sale $625,000 0.0% $260 / Sq Ft
03/05/2025 03/05/25 Pending -- -- --
02/22/2025 02/22/25 For Sale $625,000 +50.6% $260 / Sq Ft
04/17/2024 04/17/24 Sold $415,000 -8.8% $173 / Sq Ft
04/12/2024 04/12/24 Pending -- -- --
10/05/2023 10/05/23 For Sale $455,000 +102.2% $190 / Sq Ft
09/13/2019 09/13/19 Sold $225,000 -13.5% $94 / Sq Ft
05/20/2019 05/20/19 Pending -- -- --
05/21/2018 05/21/18 For Sale $260,000 -- $108 / Sq Ft
Source: Imperial County Association of REALTORS®

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
2023 $2,765 $236,512 $68,325 $168,187
2022 $2,641 $231,876 $66,986 $164,890
2021 $2,574 $227,330 $65,673 $161,657
2020 $2,623 $225,000 $65,000 $160,000
2019 $1,770 $151,704 $57,109 $94,595
2018 $1,760 $148,731 $55,990 $92,741
2017 $1,743 $145,816 $54,893 $90,923
2016 $1,708 $142,958 $53,817 $89,141
2015 $1,684 $140,812 $53,009 $87,803
2014 $1,647 $138,055 $51,971 $86,084
Source: Public Records

Agents Affiliated with this Home

  • Preston Soto

    Seller's Agent in 2025

    Preston Soto

    Grounded Real Estate Inc.

    (760) 457-9281

    203 Total Sales

    Section Image
  • Dalila Flores-Ruiz

    Seller's Agent in 2024

    Dalila Flores-Ruiz

    CLI Realty Innovations

    (760) 886-0172

    50 Total Sales

    Section Image

  • S

    Buyer's Agent in 2024

    Subscriber Non

    Non-Participant Office

  • A

    Seller's Agent in 2019

    Allison Childers

    Childers Real Estate

    Section Image
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Map

Source: Imperial County Association of REALTORS®

MLS Number: 23326927IC

Imperial County Association of REALTORS®

APN: 053-193-017-000

California Imperial County El Centro 92243

470 W Olive Ave, El Centro, CA

This home is located at 470 W Olive Ave, El Centro, CA 92243 and is currently priced at $415,000, approximately $172 per square foot. This property was built in 1963. 470 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.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

Imperial County Association of REALTORS® IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.

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