$850,000
SOLD AUG 5, 2025

730 W Olive Ave El Centro, CA 92243

10 Beds
12 Baths
7,149 Sq Ft
0.41 Acres

Recently Sold

$119 Per Sq Ft

13% Above List Price

7 Days on Market

About This Home

As of August 2025

Prime Investment Opportunity in El Centro! Unlock the potential of these 12 income-generating units located in the heart of El Centro. This property features a mix of 10 one-bedroom, one-bath units and 2 studio apartments, all with excellent rental income potential. While the units require some work, they offer an exciting opportunity to increase their value and attract long-term tenants. With a desirable location and proximity to local amenities, this property is perfect for investors looking to make their mark in a vibrant community. Don't miss out on this opportunity to enhance your real estate portfolio.

Last Agent to Sell the Property

Christa Mostrong

Duflock & Associates Real Estate License #01225213 Listed on: 06/08/2025

Last Buyer's Agent

Non Member

NON MEMBER

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1963

Lot Details

  • 0.41 Acre Lot

Home Design

  • Rolled or Hot Mop Roof

Interior Spaces

  • 7,149 Sq Ft Home
  • 2-Story Property

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 10 Bedrooms
  • 12 Bathrooms

Parking

  • 12 Parking Spaces
  • Private Parking

Utilities

  • Window Unit Cooling System
  • Electric Water Heater

Community Details

  • 12 Units
  • 7 Leased Units

Listing and Financial Details

  • The owner pays for electricity, water, gardener
  • Assessor Parcel Number 053-181-014-000

Property Details

Home Type

Multi-Family

Year Built

Built in 1963

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Disclosures: As Is
  • Lot Acreage: 0.4050
  • Price/ Sq Ft: 104.90
  • Assessor Parcel Number: 053-181-014-000
  • Street Address: 730 W Olive Ave
  • Street Name Display: True
  • Street Number Display: True
  • Year Built: 1963
  • State Abbrv: CA
  • Alley: True
  • Annual C F D Y N: False
  • Like Units2: 2
  • 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 Baths1: 1.00
  • Unit Baths2: 1.00
  • Unit Beds1: 1
  • Unit Furnished1: No
  • Unit Furnished2: No
  • Unit Projected Rent1: 1000
  • Unit Projected Rent2: 850
  • Unit Rent1: 600.00
  • Unit Rent2: 400.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Carpet, Vinyl Sheet, Vinyl Tile
  • Laundry: None
  • Equipment: None
  • Living Area: 7149
  • Total Bathrooms: 12.00
  • Bedrooms: 10

Exterior Features

  • Construction: Block
  • Roof: Rolled/Hot Mop
  • Spa: None
  • Stories: 2

Garage/Parking

  • Other Spaces: 12
  • Garage: Private
  • Total Parking: 12

Utilities

  • Sewer: City
  • Water: City
  • Water Heater: Electric
  • Cooling: Window Unit(s)
  • Heating: None
  • Water Heaters: True

Condo/Co-op/Association

  • No. of Units: 12

Lot Info

  • Lot Size Area: 17631
  • Total Assessed Value: 459974

Rental Info

  • Number Leased: 7
  • Owner Pays: Electricity, Water, Gardener
  • RentControlYN: False

Building Info

  • Spa Yn: False

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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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

Property History

Date Event Price List to Sale Price per Sq Ft
08/05/2025 08/05/25 Sold $850,000 +13.3% $119 / Sq Ft
06/15/2025 06/15/25 Pending -- -- --
06/08/2025 06/08/25 For Sale $749,900 -- $105 / Sq Ft
Source: Imperial County Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Imperial County Association of REALTORS®

MLS Number: 25552159IC

Imperial County Association of REALTORS®