NOT LISTED FOR SALE

554 W Brighton Ave El Centro, CA 92243

Estimated Value: $310,000 - $354,000

9 Beds
4 Baths
2,534 Sq Ft
$131/Sq Ft Est. Value

Last Sold January 31, 2020

Last sale price $160,000 $63 Per Sq Ft

Est. 107% increase in value since last sale

Current estimated payment $1,979/month

14 Days on Market

Highlights

  • Forced Air Heating and Cooling System
  • Laundry closet
  • Wood Siding
  • Bathtub with Shower
  • Wood Fence
  • Carpet

About This Home

As of January 2020

Older home on large lot with duplex (2 - 1 bedroom 1 bath apts) and 4 plex with 4 sleeping units that share a bathroom. 4plex is currently not rented. Potential to convert 4 plex to 2 -1 bedroom 1 bath units will need lots of upgrades to acquire permits for that*value is in the lot and utilities are all on site Buyer to do all investigations as to suitability for intended use.

Last Agent to Sell the Property

Libby Gibson

ERA The Real Estate Store License #01949246 Listed on: 12/04/2019

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1949

Lot Details

  • 8,400 Sq Ft Lot
  • Lot Dimensions are 60x140
  • Wood Fence
  • Chain Link Fence

Home Design

  • Raised Foundation
  • Rolled or Hot Mop Roof
  • Wood Siding

Interior Spaces

  • 2,534 Sq Ft Home
  • 1-Story Property
  • Laundry closet

Kitchen

  • Gas Oven or Range
  • Formica Countertops

Flooring

  • Carpet
  • Linoleum

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 4 Bathrooms
  • Bathtub with Shower
  • Shower Only

Parking

  • 5 Parking Spaces
  • Uncovered Parking

Schools

  • Central Union High School

Utilities

  • Forced Air Heating and Cooling System
  • Gas Water Heater

Listing and Financial Details

  • Tenant pays for cable TV, electricity
  • The owner pays for gardener, gas, water
  • Assessor Parcel Number 053192017000

Community Details

Overview

  • 7 Units

Building Details

  • 3 Leased Units
  • Electric Expense $10
  • Fuel Expense $10
  • Gardener Expense $100
  • Maintenance Expense $200
  • Operating Expense $453

Property Details

Home Type

Multi-Family

Year Built

Built in 1949

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Disclosures: As Is, Owner Is Listing Agent, Seller/Owner/Principal RE Licensed
  • Lot Description: Fenced
  • Lot Location: City
  • Style: Bungalow
  • Lot Acreage: 0.1930
  • Lot Size: 60x140
  • Price/ Sq Ft: 69.06
  • Advertising Remarks: Older home on large lot with duplex (2 - 1 bedroom 1 bath apts) and 4 plex with 4 sleeping units that share a bathroom. 4plex is currently not rented. Potential to convert 4 plex to 2 -1 bedroom 1 bath units will need lots of upgrades to acquire permits for that*value is in the lot and utilities are all on site Buyer to do all investigations as to suitability for intended use.
  • Assessor Parcel Number: 053192017000
  • Street Address: 554 W BRIGHTON AVE
  • Street Name Display: False
  • Street Number Display: False
  • Year Built: 1949
  • State Abbrv: CA
  • ADA Compliant: False
  • Alley: True
  • Annual C F D Y N: False
  • Like Units2: 2
  • Like Units3: 4
  • Number Electric Meters: 4
  • Sale Agent Board: OUT OF AREA BOARD
  • Sale Agent Broker I D: IC2001
  • Sale Agent First Name: Non
  • Sale Agent I D: IC2607
  • Sale Agent Last Name: Member
  • Sale Agent Office I D: IC3024
  • Sale Office Broker I D: IC2001
  • Sale Office City: EL CENTRO
  • Sale Office I D: IC3024
  • Sale Office Name: NON MEMBER
  • Sale Office State: CA
  • Sale Office Zip: 92243
  • Scheduled Actual: Actual
  • Unit Actual Rent1: 580.00
  • Unit Actual Rent2: 850.00
  • Unit Baths1: 1.00
  • Unit Baths2: 1.00
  • Unit Baths3: 0.25
  • Unit Beds1: 3
  • Unit Beds2: 1
  • Unit Beds3: 1
  • Unit Projected Rent1: 675
  • Unit Projected Rent2: 850
  • Unit Projected Rent3: 300
  • Unit Rent1: 580.00
  • Unit Rent2: 425.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Bathroom Features: Shower Over Tub, Shower Stall
  • Flooring: Carpet, Linoleum
  • Kitchen Features: Formica Counters, Galley Kitchen
  • Laundry: Laundry Area
  • Number Carpet: 1
  • Number Range: 3
  • Number Refrigerator: 3
  • Equipment: Hood Fan, Oven/Range-Gas, Refrigerator
  • Living Area: 2534
  • Total Bathrooms: 4.00
  • Bedrooms: 9

Exterior Features

  • Construction: Wood Siding
  • Fence: Chain Link, Wood
  • Foundation: Raised
  • Patio: None
  • Pool: None
  • Roof: Rolled/Hot Mop
  • Spa: None
  • Stories: 1
  • Paved: False

Garage/Parking

  • Other Spaces: 5
  • Garage: Uncovered
  • Total Parking: 5

Utilities

  • Sewer: City
  • Sprinklers: None
  • Water: City
  • Water Heater: Gas
  • Cooling: CFAC
  • Heating: CFAG
  • Number Gas Meters: 1
  • Water Heaters: True

Condo/Co-op/Association

  • No. of Units: 7

Lot Info

  • Lot Size Area: 8400

Rental Info

  • Number Leased: 3
  • Owner Pays: Gardener, Gas, Water
  • Lease Per Month Year: See Remarks
  • RentControlYN: False

Building Info

  • Spa Yn: False

Multi Family

  • Gas Expense: 10.00
  • TenantPays: Cable TV, Electricity
  • ElectricExpense: 10.00
  • Number Wall A C: 2
  • Total Annual Expense: 453.00

MLS Schools

  • HighSchool: Central Union High

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jun 14, 2022
Sold by
Juan Doyer
Bought by
Las Tierras Llc
Current Estimated Value
$331,419

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$165,120
Interest Rate
5%
Mortgage Type
Seller Take Back
Estimated Equity
$166,299

Purchase Details

Closed on
May 27, 2022
Sold by
Stephanie Chavez
Bought by
Doyer Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$165,120
Interest Rate
5%
Mortgage Type
Seller Take Back
Estimated Equity
$166,299

Purchase Details

Closed on
May 16, 2022
Sold by
Braun and Yannwen
Bought by
Doyer Juan

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$175,000
Outstanding Balance
$165,120
Interest Rate
5%
Mortgage Type
Seller Take Back
Estimated Equity
$166,299

Purchase Details

Listed on
Dec 4, 2019
Closed on
Jan 28, 2020
Sold by
Gibson Ronald and Gibson Libby
Bought by
Braun Michael and Braun Yannwen
Seller's Agent
Libby Gibson
ERA The Real Estate Store
Buyer's Agent
Non Member
NON MEMBER
List Price
$175,000
Sold Price
$160,000
Premium/Discount to List
-$15,000
-8.57%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
13.02%
Original Mortgage
$80,000
Interest Rate
3.7%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 21, 1998
Sold by
Henry Cochran Phillip and Henry Jo Beverly
Bought by
Gibson Ronald and Gibson Libby

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
6.63%
Mortgage Type
Seller Take Back
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
Las Tierras Llc -- Ticor Title
Doyer Juan -- Ticor Title
Doyer Juan $250,000 Ticor Title
Braun Michael $160,000 Orange Coast Title
Gibson Ronald $50,000 Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Doyer Juan $175,000
Previous Owner Braun Michael $80,000
Previous Owner Gibson Ronald $45,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/31/2020 01/31/20 Sold $160,000 -8.6% $63 / Sq Ft
12/18/2019 12/18/19 Pending -- -- --
12/04/2019 12/04/19 For Sale $175,000 -- $69 / 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
2025 $2,957 $265,301 $74,284 $191,017
2023 $2,957 $255,000 $71,400 $183,600
2022 $1,877 $164,889 $51,528 $113,361
2021 $1,830 $161,657 $50,518 $111,139
2020 $860 $71,652 $42,276 $29,376
2019 $816 $70,248 $41,448 $28,800
2018 $812 $68,872 $40,636 $28,236
2017 $804 $67,523 $39,840 $27,683
2016 $788 $66,200 $39,059 $27,141
2015 $777 $65,207 $38,473 $26,734
2014 $760 $63,931 $37,720 $26,211
Source: Public Records

Agents Affiliated with this Home

  • Libby Gibson

    Seller's Agent in 2020

    Libby Gibson

    ERA The Real Estate Store

    (760) 427-3536

    55 Total Sales

    Libby Gibson
    Section Image

  • N

    Buyer's Agent in 2020

    Non Member

    NON MEMBER

See All Agents

Map

Source: Imperial County Association of REALTORS®

MLS Number: 19534752IC

Imperial County Association of REALTORS®

APN: 053-192-017-000

California Imperial County El Centro 92243

554 W Brighton Ave, El Centro, CA

Not Listed for Sale

MultiFamily

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