NOT LISTED FOR SALE

760 Broadway El Centro, CA 92243

Estimated Value: $972,542

6 Beds
6 Baths
6,500 Sq Ft
$150/Sq Ft Est. Value

Last Sold October 07, 2024

Last sale price $980,000 $151 Per Sq Ft

Est. 1% decrease in value since last sale

Current estimated payment $5,761/month

43 Days on Market

Highlights

  • Balcony
  • Gated Home
  • 4-minute walk to Swarthout Field
  • Forced Air Heating and Cooling System
  • Carpet

About This Home

As of October 2024

Incredible Investment Opportunity in the Heart of El Centro! Discover this unique and versatile property that boasts both residential and commercial potential. Located at 760 Broadway Ave, this rare find features a 4-plex residential building alongside an adjacent commercial storefront with a fully air-conditioned warehouse, ideal for entrepreneurial individuals looking to grow their business while generating rental income. The residential building comprises four charming 1 bed/1 bath units which feature private, fenced-in courtyards for tenant privacy and outdoor enjoyment. Each unit also has covered parking, ensuring convenience and security. The commercial building includes a spacious storefront of 900 sq ft, perfect for a retail shop, office space, or creative studio. This building also features a warehouse that is 4,400 sq ft of fully air-conditioned and insulated space, ideal for storage, manufacturing, or various commercial uses. The property is located in a prime location with high visibility and easy access, and is close to key amenities, shopping centers, and main transportation routes, enhancing the property's appeal. Whether you're a savvy investor, a business owner ready to expand, or a combination of both, 760 Broadway Ave offers unparalleled flexibility and potential. Don't miss this exceptional opportunity to live, work, and earn in one dynamic property!

Last Agent to Sell the Property

Victor Conner

Victor D. Conner, Broker License #02034884 Listed on: 06/25/2024

Last Buyer's Agent

Victor Conner

Victor D. Conner, Broker License #02034884 Listed on: 06/25/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 0.59 Acre Lot
  • Gated Home
  • Chain Link Fence

Home Design

  • Slab Foundation
  • Metal Roof
  • Clay Roof
  • Stucco

Interior Spaces

  • 6,500 Sq Ft Home
  • 2-Story Property
  • Fire Sprinkler System
  • Laundry in Kitchen

Flooring

  • Carpet
  • Laminate

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Parking

  • 10 Parking Spaces
  • 6 Carport Spaces
  • On-Street Parking

Outdoor Features

  • Balcony

Utilities

  • Forced Air Heating and Cooling System
  • Electric Water Heater

Listing and Financial Details

  • Tenant pays for electricity, air cond/heat maint
  • The owner pays for water
  • Assessor Parcel Number 053-033-031-000

Community Details

Overview

  • 5 Units

Building Details

  • 4 Leased Units
  • Gardener Expense $840
  • Operating Expense $14,674

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

0

Listing Details

  • Prop. Type: Residential Income
  • Disclosures: As Is
  • Lot Acreage: 0.5900
  • Price/ Sq Ft: 169.23
  • Assessor Parcel Number: 053-033-031-000
  • Street Address: 760 Broadway St
  • Street Name Display: True
  • Street Number Display: True
  • Year Built: 1965
  • State Abbrv: CA
  • Annual C F D Y N: False
  • Like Units2: 1
  • Like Units3: 1
  • Like Units4: 1
  • Like Units5: 1
  • Number Electric Meters: 4
  • Sale Agent Board: OUT OF AREA BOARD
  • Sale Agent Broker I D: IC126650
  • Sale Agent Cell: 760-235-9006
  • Sale Agent Email: victorconnerrealtor@gmail.com
  • Sale Agent First Name: Victor D.
  • Sale Agent I D: IC126650
  • Sale Agent Last Name: Conner
  • Sale Agent License Number: 02034884
  • Sale Agent Office I D: IC3969
  • Sale Agent Office Phone: 760-235-9006
  • Sale Agent Phone: 760-235-9006
  • Sale Broker License Number: 02034884
  • Sale Office Address1: 1615 W. Main
  • Sale Office Broker I D: IC126650
  • Sale Office City: El Centro
  • Sale Office I D: IC3969
  • Sale Office Name: Victor D. Conner, Broker
  • Sale Office Phone: 760-235-9006
  • Sale Office State: CA
  • Sale Office Zip: 92243
  • Scheduled Actual: Actual
  • Unit Actual Rent1: 1000.00
  • Unit Actual Rent2: 1000.00
  • Unit Actual Rent3: 1000.00
  • Unit Actual Rent4: 900.00
  • Unit Baths1: 1.00
  • Unit Baths2: 1.00
  • Unit Baths3: 1.00
  • Unit Baths4: 1.00
  • Unit Baths5: 3.00
  • Unit Beds1: 1
  • Unit Beds2: 1
  • Unit Beds3: 1
  • Unit Beds4: 1
  • Unit Furnished1: No
  • Unit Furnished2: No
  • Unit Furnished3: No
  • Unit Furnished4: No
  • Unit Furnished5: No
  • Unit Projected Rent1: 1200
  • Unit Projected Rent2: 1200
  • Unit Projected Rent3: 1200
  • Unit Projected Rent4: 1200
  • Unit Projected Rent5: 4500
  • Unit Rent1: 1000.00
  • Unit Rent2: 1000.00
  • Unit Rent3: 1000.00
  • Unit Rent4: 900.00
  • Unit Rent5: 4500.00
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring: Mixed, Carpet, Laminate
  • Laundry: In Kitchen
  • Number Carpet: 4
  • Number Range: 4
  • Equipment: None
  • Living Area: 6500
  • Total Bathrooms: 6.00
  • Bedrooms: 6

Exterior Features

  • Construction: Steel Siding, Stucco
  • Fence: Chain Link
  • Foundation: Slab
  • Patio: Balcony
  • Roof: Clay, Metal
  • Spa: None
  • Stories: 2

Garage/Parking

  • Carport Spaces: 6
  • Covered Parking: 6
  • Other Spaces: 4
  • Garage: Carport, Public, On street, Driveway - Gravel
  • Total Parking: 10
  • Garage Structures: 1

Utilities

  • Security: Fire Sprinklers, Gated
  • Sewer: City
  • Water: City
  • Water Heater: Electric
  • Cooling: Central
  • Heating: CFAE
  • Water Heaters: True

Condo/Co-op/Association

  • No. of Units: 5

Lot Info

  • Lot Size Area: 25700
  • Total Assessed Value: 696660

Rental Info

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

Building Info

  • Spa Yn: False

Tax Info

  • Tax Expense: 8158.00
  • Tax Total: 8158.00

Multi Family

  • TenantPays: Electricity, Air Cond/Heat Maint
  • Water Expense: 960.00
  • Total Annual Expense: 14674
  • Type Of Units: 4Px|CM|WH

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jun 25, 2024
Closed on
Oct 4, 2024
Sold by
Tovar Gerardo
Bought by
Celaya Jose Luis and Lopez Sendy Maria
Seller's Agent
Victor Conner
Victor D. Conner, Broker
Buyer's Agent
Victor Conner
Victor D. Conner, Broker
List Price
$1,100,000
Sold Price
$980,000
Premium/Discount to List
-$120,000
-10.91%
Views
40
Current Estimated Value
$972,542

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
-$7,458
Avg. Annual Appreciation
-0.62%
Original Mortgage
$735,000
Outstanding Balance
$727,433
Interest Rate
6.46%
Mortgage Type
New Conventional
Estimated Equity
$245,109

Purchase Details

Closed on
Oct 6, 2021
Sold by
Smap Realty Of Ca Llc
Bought by
Tovar Gerardo

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$478,000
Interest Rate
2.8%
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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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Celaya Jose Luis $980,000 Chicago Title
Celaya Jose Luis $980,000 Chicago Title
Tovar Gerardo $683,000 Orange Coast Title
Tovar Gerardo -- Orange Coast Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Celaya Jose Luis $735,000
Closed Celaya Jose Luis $735,000
Previous Owner Tovar Gerardo $478,000
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
10/07/2024 10/07/24 Sold $980,000 -10.9% $151 / Sq Ft
08/07/2024 08/07/24 Pending -- -- --
08/07/2024 08/07/24 For Sale $1,100,000 0.0% $169 / Sq Ft
06/25/2024 06/25/24 For Sale $1,100,000 -- $169 / 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 $7,987 $980,000 $205,600 $774,400
2023 $7,987 $696,660 $157,284 $539,376
2022 $7,620 $683,000 $154,200 $528,800
2021 $6,069 $546,820 $218,727 $328,093
2020 $6,185 $541,214 $216,485 $324,729
2019 $5,996 $530,603 $212,241 $318,362
2018 $5,963 $520,200 $208,080 $312,120
2017 $5,901 $510,000 $204,000 $306,000
2016 $5,781 $500,000 $200,000 $300,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Imperial County Association of REALTORS®

MLS Number: 24408125IC

Imperial County Association of REALTORS®

APN: 053-033-031-000