730 W Olive , El Centro, CA 92243

  • $1,499,000
730 W Olive , El Centro, CA 92243
Active
730 W Olive , El Centro, CA 92243
730 W Olive , El Centro, CA 92243
  • $1,499,000

Description

Extensively 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.

  • Address 730 W Olive
  • State/county CA
  • Zip/Postal Code 92243
  • Country US

Details

Updated on March 7, 2026 at 2:06 am
  • Property ID: PW26048569
  • Price: $1,499,000
  • Property Size: 7149 Sqft
  • Land Area: 0.4048 Acres
  • Garage Size: x x
  • Year Built: 1963
  • Property Type: Residential Income, Apartment
  • Property Status: Active

Additional details

  • Listing Terms: Cash,Conventional,1031 Exchange
  • Sewer: Public Sewer
  • Cooling: Ductless
  • County: Imperial
  • Property Type: Residential Income
  • Pool: None
  • Community Features: Suburban

Contact Information

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  • Hoyt Hochman