B
Seller's Agent in 2026
Bret Lewis
Bret Lewis, Broker
(480) 225-6616
60 Total Sales
730 W Olive Ave El Centro, CA 92243
1
Bed
2
Baths
7,149
Sq Ft
0.4
Acres Lot
Highlights
- No HOA
- Ductless Heating Or Cooling System
- 3-minute walk to Swarthout Field
About This Home
As of May 2026Extensively upgraded and remodeled 12-unit apartment building offering investors a rare opportunity to acquire a high cash-flow potential asset with minimal deferred maintenance. The property has undergone significant improvements including a new roof, new windows, upgraded plumbing and electrical systems, and refreshed exterior, creating an attractive and low-maintenance investment. Each unit features two mini-split HVAC systems for efficient heating and cooling, new flooring throughout, all new kitchen cabinets with new appliances, new bathroom vanities, and newly tiled bathrooms. The property also includes new safety handrails on the balconies, further enhancing safety and curb appeal. The building consists of 10 one-bedroom units and 2 studio units. Projected rents are approximately $1,250 per month for the one-bedroom units and $950 per month for the studios, offering investors strong income potential once leased. With extensive capital improvements completed, this property presents an opportunity to acquire a modernized, income-producing asset positioned for strong cash flow in the El Centro rental market.
Last Agent to Sell the Property
Bret Lewis, Broker Brokerage Phone: 480-225-6616 License #01872524 Listed on: 03/06/2026
Last Buyer's Agent
Bret Lewis, Broker Brokerage Phone: 480-225-6616 License #01872524 Listed on: 03/06/2026
Property Details
Home Type
- Apartment
Year Built
- Built in 1963
Lot Details
- 17,631 Sq Ft Lot
- No Common Walls
- Density is up to 1 Unit/Acre
Home Design
- Entry on the 1st floor
Interior Spaces
- 7,149 Sq Ft Home
- 2-Story Property
- Laundry in unit
Bedrooms and Bathrooms
- 1 Bedroom
- 2 Bathrooms
Additional Features
- Suburban Location
- Ductless Heating Or Cooling System
Listing and Financial Details
- Legal Lot and Block 17 / 37
- Assessor Parcel Number 053181014000
- $820 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 12 Units
Amenities
- Laundry Facilities
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Gross Income $172,800
- Net Operating Income $172,800
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Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 05/22/2026 05/22/26 | Sold | $1,375,000 | -8.3% | $192 / Sq Ft | |
| 03/06/2026 03/06/26 | For Sale | $1,499,000 | +76.4% | $210 / Sq Ft | |
| 08/05/2025 08/05/25 | Sold | $850,000 | +13.3% | $119 / Sq Ft | View Prior Sale |
| 06/15/2025 06/15/25 | Pending | -- | -- | -- | |
| 06/08/2025 06/08/25 | For Sale | $749,900 | -- | $105 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $5,252 | $469,173 | $170,605 | $298,568 |
| 2023 | $5,252 | $450,956 | $163,981 | $286,975 |
| 2022 | $5,014 | $442,115 | $160,766 | $281,349 |
| 2021 | $4,888 | $433,447 | $157,614 | $275,833 |
| 2020 | $4,980 | $429,003 | $155,998 | $273,005 |
| 2019 | $4,830 | $420,592 | $152,940 | $267,652 |
| 2018 | $4,804 | $412,346 | $149,942 | $262,404 |
| 2017 | $4,755 | $404,261 | $147,002 | $257,259 |
| 2016 | $4,660 | $396,335 | $144,120 | $252,215 |
| 2015 | $4,592 | $390,383 | $141,956 | $248,427 |
| 2014 | $4,490 | $382,737 | $139,176 | $243,561 |
Source: Public Records
Agents Affiliated with this Home
-
Bret Lewis
-
Christa Mostrong
Seller's Agent in 2025
Christa Mostrong
Duflock & Associates Real Estate
(760) 455-0283
111 Total Sales
-
N
Buyer's Agent in 2025
Non Member
NON MEMBER
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26048569
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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