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.
MLS #
CRPW26048569
MLS Source
California Regional MLS
Days on Site
1
Laundry
Community Facility
Garage/Parking
Garage: 0 Car(s)
HOA Fee
$0
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
730 W Olive is a Residential Income in El Centro, CA 92243. This – square foot property sits on a 17,631 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $1,499,000 and was built in 1963. This address can also be written as 730 W Olive, El Centro, CA 92243.
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This listing information is up-to-date as of March 07, 2026. For the most current information, please contact Bret Lewis