NOT LISTED FOR SALE

505 Giles Ave Calexico, CA 92231

Estimated Value: $610,000 - $650,000

8 Beds
8 Baths
3,344 Sq Ft
$189/Sq Ft Est. Value

Last Sold February 04, 2025

Last sale price $582,000 $174 Per Sq Ft

Est. 8% increase in value since last sale

Current estimated payment $3,457/month

8 Days on Market

Highlights

  • Laundry closet
  • Central Air
  • 5-minute walk to Rockwood Plaza Park
  • Ceramic Tile Flooring

About This Home

As of February 2025

4 Townhomes for sale in one building, they are well designed. Kitchen, living room and full bathroom downstairs, bedrooms and additional bathrooms are upstairs. 8 parking spaces for your tenants. Great location. Solid investment, good income and cash flow.

Last Agent to Sell the Property

Manny Hernandez

American Group Realtors License #01527088 Listed on: 12/30/2024

Last Buyer's Agent

Manny Hernandez

American Group Realtors License #01527088 Listed on: 12/30/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1995

Lot Details

  • 7,589 Sq Ft Lot

Home Design

  • Composition Roof

Interior Spaces

  • 3,344 Sq Ft Home
  • 2-Story Property
  • Ceramic Tile Flooring
  • Dishwasher
  • Laundry closet

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 8 Bathrooms

Parking

  • 8 Parking Spaces
  • Driveway
  • Assigned Parking

Utilities

  • Central Air
  • Heat Pump System
  • Water Heater

Listing and Financial Details

  • The owner pays for gardener, water
  • Assessor Parcel Number 058-452-012-000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • Operating Expense $7,600

Property Details

Home Type

Multi-Family

Year Built

Built in 1995

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Disclosures: As Is
  • Lot Acreage: 0.1740
  • Price/ Sq Ft: 173.44
  • Assessor Parcel Number: 058-452-012-000
  • Street Address: 505 Giles Ave
  • Street Name Display: True
  • Street Number Display: True
  • Year Built: 1995
  • State Abbrv: CA
  • Annual C F D Y N: False
  • Like Units2: 2
  • Like Units3: 3
  • Like Units4: 4
  • Sale Agent Board: OUT OF AREA BOARD
  • Sale Agent Broker I D: IC2743
  • Sale Agent Cell: 760-427-3610
  • Sale Agent Email: manny@americangrouponline.com
  • Sale Agent Fax: 760-768-8811
  • Sale Agent First Name: Manuel
  • Sale Agent I D: IC2743
  • Sale Agent Last Name: Hernandez
  • Sale Agent License Number: 01527088
  • Sale Agent Office I D: IC3305
  • Sale Agent Office Phone: 760-768-8808
  • Sale Agent Office Phone Ext: 104
  • Sale Agent Phone: 760-427-3610
  • Sale Agent Website: www.AmericanGroupOnline.com
  • Sale Broker License Number: 01527088
  • Sale Office Address1: 1074 E. Cole Blvd. Ste 14
  • Sale Office Broker I D: IC2743
  • Sale Office City: Calexico
  • Sale Office Fax: 760-768-8811
  • Sale Office I D: IC3305
  • Sale Office Name: American Group Realtors
  • Sale Office Phone: 760-768-8808
  • Sale Office State: CA
  • Sale Office Zip: 92231
  • Scheduled Actual: Actual
  • Unit Actual Rent1: 1150.00
  • Unit Actual Rent2: 1150.00
  • Unit Actual Rent3: 1150.00
  • Unit Actual Rent4: 1150.00
  • Unit Baths1: 2.00
  • Unit Baths2: 2.00
  • Unit Baths3: 2.00
  • Unit Baths4: 2.00
  • Unit Beds1: 2
  • Unit Beds2: 2
  • Unit Beds3: 2
  • Unit Beds4: 2
  • Unit Furnished1: No
  • Unit Furnished2: No
  • Unit Furnished3: No
  • Unit Furnished4: No
  • Unit Projected Rent1: 1200
  • Unit Projected Rent2: 1200
  • Unit Projected Rent3: 1200
  • Unit Projected Rent4: 1200
  • Unit Rent1: 1150.00
  • Unit Rent2: 1150.00
  • Unit Rent3: 1150.00
  • Unit Rent4: 1150.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Ceramic Tile
  • Laundry: Laundry Area
  • Equipment: Dishwasher
  • Living Area: 3344
  • Total Bathrooms: 8.00
  • Bedrooms: 8

Exterior Features

  • Roof: Composition
  • Spa: None
  • Stories: 2

Garage/Parking

  • Other Spaces: 8
  • Garage: Assigned, Driveway
  • Total Parking: 8

Utilities

  • Sewer: City
  • Water: City
  • Water Heater: Central Water Heater
  • Cooling: Central
  • Heating: Heat Pump
  • Water Heaters: True

Condo/Co-op/Association

  • No. of Units: 4

Lot Info

  • Lot Size Area: 7589
  • Total Assessed Value: 172387

Rental Info

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

Building Info

  • Spa Yn: False

Multi Family

  • Total Annual Expense: 7600

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Dec 30, 2024
Closed on
Jan 28, 2025
Sold by
Olivas Daniel
Bought by
Ruiz Francisco and Ruiz Maria N
Seller's Agent
Manny Hernandez
American Group Realtors
Buyer's Agent
Manny Hernandez
American Group Realtors
List Price
$580,000
Sold Price
$582,000
Premium/Discount to List
$2,000
0.34%
Views
85
Current Estimated Value
$630,850

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$48,850
Avg. Annual Appreciation
8.39%
Original Mortgage
$465,600
Outstanding Balance
$462,730
Interest Rate
6.72%
Mortgage Type
New Conventional
Estimated Equity
$168,121

Purchase Details

Closed on
Dec 22, 2020
Sold by
Olivas Daniel
Bought by
Olivas Daniel

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$276,500
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 13, 2011
Sold by
Jpmorgan Chase Bank National Association
Bought by
Olivas Daniel

Purchase Details

Closed on
Jun 3, 2011
Sold by
Ortega Martha
Bought by
Jpmorgan Chase Bank National Association

Purchase Details

Closed on
Dec 3, 2008
Sold by
Ortega Martha and Ortega Jose L
Bought by
C & G Farms Inc

Purchase Details

Closed on
Jun 28, 2007
Sold by
Amerco Investments
Bought by
Ortega Martha

Purchase Details

Closed on
May 19, 2006
Sold by
Ortega Martha
Bought by
Amerco Investments

Purchase Details

Closed on
Aug 6, 1999
Sold by
Esquer Henry S and Esquer Diahna L
Bought by
Ortega Martha
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 Buyer Sale Price Title Company
Ruiz Francisco $582,000 Chicago Title Company
Olivas Daniel -- Unisource
Olivas Daniel -- Unisource Title Ins
Olivas Daniel $140,000 Ticor Title Company Of Calif
Jpmorgan Chase Bank National Association $136,636 Servicelink
C & G Farms Inc $490,800 None Available
Ortega Martha -- Accommodation
Amerco Investments -- None Available
Ortega Martha -- Commonwealth Land Title Ins
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Ruiz Francisco $465,600
Previous Owner Olivas Daniel $276,500
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
02/04/2025 02/04/25 Sold $582,000 +0.3% $174 / Sq Ft
01/07/2025 01/07/25 Pending -- -- --
12/30/2024 12/30/24 For Sale $580,000 -- $173 / 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 $2,138 $175,834 $50,235 $125,599
2023 $2,138 $169,008 $48,285 $120,723
2022 $2,071 $165,695 $47,339 $118,356
2021 $2,010 $162,447 $46,411 $116,036
2020 $1,936 $160,783 $45,936 $114,847
2019 $1,880 $157,632 $45,036 $112,596
2018 $1,863 $154,542 $44,153 $110,389
2017 $1,728 $151,513 $43,288 $108,225
2016 $1,648 $148,543 $42,440 $106,103
2015 $1,620 $146,313 $41,803 $104,510
2014 $1,582 $143,448 $40,985 $102,463
Source: Public Records

Agents Affiliated with this Home

  • Manny Hernandez

    Seller's Agent in 2025

    Manny Hernandez

    American Group Realtors

    (760) 427-3610

    91 Total Sales

    Manny Hernandez
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Map

Source: Imperial County Association of REALTORS®

MLS Number: 24474997IC

Imperial County Association of REALTORS®

APN: 058-452-012-000

California Imperial County Calexico 92231

505 Giles Ave, Calexico, CA

Not Listed for Sale

MultiFamily

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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