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470 W Olive Ave, El Centro, CA

$599,900

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10

Beds

5

Baths

2,400

Square feet

0.19

Acres

About 470 W Olive Ave

FANTASTIC INVESTMENT OPPORTUNITY IN EL CENTRO! THIS WEL MAINTAINED PROPERTY FEATURES FIVE STANDALONE COTTAGES, EACH CONSISTING OF 2-BEDROOMS AND 1-BATHROOM. ALL UNITS HAVE BEEN RECENTLY REMODELED AND INCLUDE MODERN UPGRADES SUCH AS VINYL FLOORING, DUAL PANE WINDOWS, AND NEWER MINI SPLIT SYSTEMS FOR EFFICIENT TEMPERATURE CONTROL. THIS COMPLEX IS CURRENTLY PRODUCING AN IMPRESSIVE 11%+ GROSS CAP RATE WITH ADDITIONAL UPSIDE POTENTIAL, MAKING IT AN EXCELLENT OPTION FOR BOTH 1031 EXCHANGES AND LONG TERM INVESTORS SEEKING STRONG RETURNS. THERE IS ROOM TO ADD A POSSIBLE SIXTH UNIT OR CREATE A COMMUNITY SPACE. THE PROPERTY IS IDEALLY LOCATED WITH EASY FREEWAY ACCESS, AMPLE STREET PARKING, OFFERING CONVENIENCE FOR TENANTS AND VISITORS ALIKE. THIS IS A TURNKEY, INCOME-PRODUCING ASSET IN A GROWING MARKET—A RARE CHANCE TO ACQUIRE A SOLID INVESTMENT WITH IMMEDIATE CASH FLOW.

Features of 470 W Olive Ave

MLS® # 250038191
Price $599,900
Bedrooms 10
Bathrooms 5.00
Square Footage 2,400
Acres 0.19
Type Residential Income
Sub-Type Com-Res Income
Status Pending

Community Information

Address 470 W Olive Ave
Area IMP CTY-EL CENTR (92243)
City El Centro
County Imperial
State CA
Zip Code 92243

Amenities

Parking Other/Remarks
Is Waterfront No
Has Pool Yes

Interior

Heating Wall
Cooling Wall/Window
Fireplace Yes
# of Stories 1
Stories 1 Story

Exterior

Roof Composition
Construction Metal Fence

Additional Information

Date Listed September 5th, 2025
Days on Market 20
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

OfficeKeller Williams Realty
Contact InfoOffice: 619-469-0700

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