NOT LISTED FOR SALE

635 W Olive Ave El Centro, CA 92243

Estimated Value: $532,864 - $610,000

8 Beds
4 Baths
2,688 Sq Ft
$209/Sq Ft Est. Value

Last Sold February 13, 2024

Last sale price $490,000 $182 Per Sq Ft

Est. 15% increase in value since last sale

Current estimated payment $3,146/month

49 Days on Market

Highlights

  • Living Room
  • Central Heating and Cooling System
  • Carpet
  • Open Patio
  • Combination Kitchen and Dining Room
  • 1-Story Property

About This Home

As of February 2024

Water and trash are paid for by owner.
Absolutely NO smoking indoors.
no pets

Last Agent to Sell the Property

Marco Carlos

One Way Realty License #01863766 Listed on: 11/07/2023

Last Buyer's Agent

Matthew Cowie

Prince & Associates Realtors License #01737581

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1983

Lot Details

  • 7,985

Home Design

  • Shingle Roof
  • Composition Roof

Interior Spaces

  • 2,688 Sq Ft Home
  • 1-Story Property
  • Living Room
  • Combination Kitchen and Dining Room

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 8 Bedrooms
  • 4 Bathrooms

Laundry

  • Laundry Located Outside
  • Gas Dryer Hookup

Parking

  • 8 Parking Spaces
  • Driveway
  • On-Street Parking

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater

Additional Features

  • Open Patio
  • 7,985 Sq Ft Lot

Listing and Financial Details

  • Tenant pays for electricity, cable TV, gas
  • The owner pays for water
  • Assessor Parcel Number 053-184-007-000

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • Operating Expense $9,081

Property Details

Home Type

Multi-Family

Year Built

Built in 1983

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Disclosures: As Is
  • Lot Acreage: 0.1830
  • Price/ Sq Ft: 185.64
  • Assessor Parcel Number: 053-184-007-000
  • Street Address: 635 W Olive Ave
  • Street Name Display: True
  • Street Number Display: True
  • Year Built: 1983
  • State Abbrv: CA
  • Annual C F D Y N: False
  • Like Units2: 1
  • Like Units3: 1
  • Like Units4: 1
  • R V Access Y N: False
  • Sale Agent Board: OUT OF AREA BOARD
  • Sale Agent Broker I D: IC3117
  • Sale Agent Cell: 760-604-3166
  • Sale Agent Email: matt@princerealtors.com
  • Sale Agent Fax: 760-482-1257
  • Sale Agent First Name: Matthew
  • Sale Agent I D: IC3117
  • Sale Agent Last Name: Cowie
  • Sale Agent License Number: 01737581
  • Sale Agent Office I D: IC3432
  • Sale Agent Office Phone: 760-337-4022
  • Sale Agent Phone: 760-337-4020
  • Sale Agent Website: https://www.princerealtors.com
  • Sale Broker License Number: 01737581
  • Sale Office Address1: 343 S. 8th St.
  • Sale Office Address2: Suite B
  • Sale Office Broker I D: IC3117
  • Sale Office City: El Centro
  • Sale Office Fax: 760-482-1255
  • Sale Office I D: IC3432
  • Sale Office Name: Prince & Associates Realtors
  • Sale Office Phone: 760-337-4022
  • Sale Office State: CA
  • Sale Office Website: http://PrinceRealtors.com
  • Sale Office Zip: 92243
  • Scheduled Actual: Actual
  • Unit Actual Rent1: 750.00
  • Unit Actual Rent2: 750.00
  • Unit Actual Rent3: 700.00
  • Unit Actual Rent4: 750.00
  • Unit Baths1: 1.00
  • Unit Baths2: 1.00
  • Unit Baths3: 1.00
  • Unit Baths4: 1.00
  • 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: 1000
  • Unit Projected Rent2: 1000
  • Unit Projected Rent3: 1000
  • Unit Projected Rent4: 1000
  • Unit Rent1: 750.00
  • Unit Rent2: 750.00
  • Unit Rent3: 700.00
  • Unit Rent4: 750.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Laminate
  • Laundry: Outside
  • Equipment: Gas Dryer Hookup
  • Living Area: 2688
  • Total Bathrooms: 4.00
  • Bedrooms: 8

Exterior Features

  • Roof: Composition, Shingle
  • Stories: 1

Garage/Parking

  • Other Spaces: 8
  • Garage: Driveway - Concrete, Parking Space, On street
  • Total Parking: 8

Utilities

  • Sewer: City
  • Water: City
  • Water Heater: Gas
  • Cooling: Air Conditioning, Central
  • Heating: Central
  • Water Heaters: True

Condo/Co-op/Association

  • No. of Units: 4

Lot Info

  • Lot Size Area: 7985
  • Total Assessed Value: 215767

Rental Info

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

Multi Family

  • TenantPays: Electricity, Cable TV, Gas
  • Total Annual Expense: 9081

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Nov 7, 2023
Closed on
Jan 4, 2024
Sold by
Carlos Jose Maria
Bought by
Beltran Melanie and Beltran Ruben Michael
Seller's Agent
Marco Carlos
One Way Realty
Buyer's Agent
Matthew Cowie
Prince & Associates Realtors
List Price
$499,000
Sold Price
$490,000
Premium/Discount to List
-$9,000
-1.8%
Current Estimated Value
$561,216

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$71,216
Avg. Annual Appreciation
7.28%
Original Mortgage
$441,000
Outstanding Balance
$432,773
Interest Rate
6.61%
Mortgage Type
New Conventional
Estimated Equity
$128,443

Purchase Details

Closed on
Jun 18, 2008
Sold by
Carlos Jose Maria
Bought by
Carlos Jose Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$125,000
Interest Rate
6.04%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 30, 2002
Sold by
Carlos Jose Maria
Bought by
Carlos Jose Maria

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$110,500
Interest Rate
5.95%
Mortgage Type
Commercial

Purchase Details

Closed on
Aug 15, 2000
Sold by
Carlos Jose M
Bought by
Carlos Jose Maria

Purchase Details

Closed on
Jul 20, 2000
Sold by
Sylvester Mary E
Bought by
Baez Rodolfo and Baez Norma

Purchase Details

Closed on
Oct 27, 1997
Sold by
Carlos Mary R
Bought by
Carlos Jose M

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$100,000
Interest Rate
7.33%
Mortgage Type
Commercial
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
Beltran Melanie $490,000 Stewart Title
Carlos Jose Maria -- Stewart Title Of California
Carlos Jose Maria -- Chicago Title Co
Carlos Jose Maria -- --
Baez Rodolfo -- --
Carlos Jose M -- Commonwealth Land Title Co
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Beltran Melanie $441,000
Previous Owner Carlos Jose Maria $125,000
Previous Owner Carlos Jose Maria $110,500
Previous Owner Carlos Jose M $100,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
09/04/2024 09/04/24 For Rent $1,400 0.0% --
02/13/2024 02/13/24 Sold $490,000 -1.8% $182 / Sq Ft
12/26/2023 12/26/23 Pending -- -- --
11/07/2023 11/07/23 For Sale $499,000 -- $186 / 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 $2,547 $499,800 $71,400 $428,400
2023 $2,547 $215,767 $60,031 $155,736
2022 $2,434 $211,537 $58,854 $152,683
2021 $2,373 $207,390 $57,700 $149,690
2020 $2,417 $205,265 $57,109 $148,156
2019 $2,346 $201,241 $55,990 $145,251
2018 $2,333 $197,296 $54,893 $142,403
2017 $2,310 $193,428 $53,817 $139,611
2016 $2,264 $189,636 $52,762 $136,874
2015 $2,232 $186,789 $51,970 $134,819
2014 $2,183 $183,131 $50,952 $132,179
Source: Public Records

Agents Affiliated with this Home

  • M

    Seller's Agent in 2024

    Marco Carlos

    One Way Realty

  • Matthew Cowie

    Buyer's Agent in 2024

    Matthew Cowie

    Prince & Associates Realtors

    (760) 604-3166

    261 Total Sales

    Matthew Cowie
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Map

Source: Imperial County Association of REALTORS®

MLS Number: 23329967IC

Imperial County Association of REALTORS®

APN: 053-184-007-000

California Imperial County El Centro 92243

635 W Olive Ave, El Centro, 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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