NOT LISTED FOR SALE

609 N Imperial Ave El Centro, CA 92243

Estimated Value: $198,075

0.31 Acre
$638,952 Price per Acre
13,504 Sq Ft Lot

Last Sold January 10, 2025

Last sale price $200,000 $46 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $1,137/month

74 Days on Market

About This Lot

As of January 2025

Prime Commercial Vacant Land. Unlock the potential of this highly visible, 13,503 sq/ft corner lot strategically located in one of El Centro's busiest areas. Whether you're planning to develop office space, retail stores, or hospitality ventures, this property offers unmatched advantages for savvy investors looking to maximize returns. Key Investment Features: *Prime Location: Situated on Imperial Ave., a major thoroughfare with heavy traffic, ensuring maximum exposure for any future business.*Corner Lot: Offers easy access and increased development flexibility, ideal for attracting foot and vehicle traffic.*Mixed-Use Development: Zoned for diverse uses, including commercial, retail, office, and hospitality, providing investors with multiple revenue streams.*Proven Surrounding Area: The lot is surrounded by established businesses, enhancing your property's appeal and ensuring demand for future tenants or customers. Do not wait! Call for an appointment!

Last Agent to Sell the Property

Alfonso DeSoto

Imperial Matiss Realty License #01124566 Listed on: 10/21/2024

Last Buyer's Agent

Alfonso DeSoto

Imperial Matiss Realty License #01124566 Listed on: 10/21/2024

Property Details

Property Type

  • Land

Lot Details

  • 0.31 Acre Lot

Community Details

  • No Home Owners Association

Listing and Financial Details

  • Assessor Parcel Number 044-391-062-000

Property Details

Property Type

Land

Lot Details

0

Listing Details

  • Prop. Type: Land
  • Disclosures: None
  • Lot Acreage: 0.3100
  • Advertising Remarks: This highly visible corner lot, located on Imperial Ave., offers 13,503 sq/ft of prime development potential. With mixed-use zoning, it's perfect for retail, office, or hospitality. The property enjoys high traffic flow, ensuring maximum visibility and accessibility for any business. Its corner location provides excellent exposure, ideal for attracting customers and tenants. Surrounded by well-established businesses, this lot offers strong development opportunities with endless possibilities in El Centro's thriving economic environment.
  • Assessor Parcel Number: 044-391-062-000
  • Land Lease Type: Fee
  • Street Address: 609 N Imperial Ave
  • Street Name Display: True
  • Street Number Display: True
  • State Abbrv: CA
  • Annual C F D Y N: False
  • H O D Y N: False
  • Sale Agent Board: OUT OF AREA BOARD
  • Sale Agent Broker I D: IC2604
  • Sale Agent Cell: 760-460-6383
  • Sale Agent Email: Alfonso@imperialmatissrealty.com
  • Sale Agent Fax: 844-652-4980
  • Sale Agent First Name: Alfonso
  • Sale Agent I D: IC2604
  • Sale Agent Last Name: DeSoto
  • Sale Agent License Number: 01124566
  • Sale Agent Office I D: IC3629
  • Sale Agent Office Phone: 760-693-5133
  • Sale Agent Phone: 760-460-6383
  • Sale Agent Website: Alfonso@imperialmatissrealty.com
  • Sale Broker License Number: 01124566
  • Sale Office Address1: 786 W. Olive St.
  • Sale Office Broker I D: IC2604
  • Sale Office City: El Centro
  • Sale Office I D: IC3629
  • Sale Office Name: Imperial Matiss Realty
  • Sale Office Phone: 760-693-5133
  • Sale Office State: CA
  • Sale Office Zip: 92243
  • Sale Or Lease: Sale
  • Special Features: None
  • Property Sub Type: LotsLands

Exterior Features

  • Street Lights: True

Lot Info

  • Present Use: Vacant land
  • Lot Size Area: 13504
  • Price Per Acre: 803225.81

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 21, 2024
Closed on
Jan 3, 2025
Sold by
Sedano Norma Munoz and Arvizu Rene
Bought by
Soto Daniel Jesus
Seller's Agent
Alfonso DeSoto
Imperial Matiss Realty
Buyer's Agent
Alfonso DeSoto
Imperial Matiss Realty
List Price
$249,000
Sold Price
$200,000
Premium/Discount to List
-$49,000
-19.68%
Views
13
Current Estimated Value
$198,075

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$1,925
Avg. Annual Appreciation
-0.93%
Original Mortgage
$130,000
Outstanding Balance
$129,097
Interest Rate
6.81%
Mortgage Type
Seller Take Back
Estimated Equity
$68,978

Purchase Details

Closed on
Jun 22, 2016
Sold by
Arvizu Rene
Bought by
Sedano Norma Munoz

Purchase Details

Closed on
Apr 19, 2016
Sold by
Kaplan Roberta and The Kaplan Family Trust
Bought by
Sedano Norma Munoz

Purchase Details

Closed on
Oct 13, 2015
Sold by
Kovalsky Robert M and Weintraub Sharon L
Bought by
Sapient Providence Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,170
Interest Rate
3.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Oct 12, 2015
Sold by
Kovalsky Alvin and Kovalsky Marcia
Bought by
Sapient Providence Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$65,170
Interest Rate
3.86%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Jun 28, 2013
Sold by
Grillo Andrew
Bought by
Kaplan Roberta and Trust B

Purchase Details

Closed on
Dec 16, 2005
Sold by
Jay Shanker Inc
Bought by
Grillo Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.35%
Mortgage Type
Balloon

Purchase Details

Closed on
Dec 15, 2005
Sold by
Grillo Jacquelyn
Bought by
Grillo Andrew

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$300,000
Interest Rate
6.35%
Mortgage Type
Balloon

Purchase Details

Closed on
May 27, 2005
Sold by
Grillo Andrew
Bought by
Grillo Andrew and Grillo Sophie

Purchase Details

Closed on
Feb 18, 2005
Sold by
Lasker Sophie and Grillo Sophie Lasker
Bought by
Grillo Andrew
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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
Soto Daniel Jesus $200,000 Stewart Title
Sedano Norma Munoz -- Chicago Title Company
Sedano Norma Munoz -- Chicago Title Company
Sedano Norma Munoz $100,000 Chicago Title Company
Sapient Providence Llc $42,500 Stewart Title Of California
Sapient Providence Llc $42,500 Stewart Title Of California
Kaplan Roberta $80,000 None Available
Grillo Andrew $420,000 Chicago Title Co
Grillo Andrew -- Chicago Title Co
Grillo Andrew -- --
Grillo Andrew -- Chicago Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Soto Daniel Jesus $130,000
Previous Owner Sapient Providence Llc $65,170
Previous Owner Grillo Andrew $300,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/10/2025 01/10/25 Sold $200,000 -16.3% $46 / Sq Ft
01/03/2025 01/03/25 Pending -- -- --
10/23/2024 10/23/24 Price Changed $239,000 -4.0% $55 / Sq Ft
10/21/2024 10/21/24 For Sale $249,000 -- $57 / 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 $1,312 $118,377 $118,377 --
2023 $1,312 $113,781 $113,781 $0
2022 $1,252 $111,550 $111,550 $0
2021 $1,221 $109,363 $109,363 $0
2020 $1,244 $108,242 $108,242 $0
2019 $1,206 $106,120 $106,120 $0
2018 $1,199 $104,040 $104,040 $0
2017 $1,187 $102,000 $102,000 $0
2016 $1,676 $142,979 $142,979 $0
2015 -- $150,957 $150,957 $0
2014 -- $148,000 $148,000 $0
Source: Public Records

Agents Affiliated with this Home

  • Section Image
See All Agents

Map

Source: Imperial County Association of REALTORS®

MLS Number: 24456109IC

Imperial County Association of REALTORS®

APN: 044-391-062-000