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Listed by CLI Realty Innovations
$ 300,000
Est. payment | /mo
5 Beds
2 Baths
1,536 SqFt
$ 300,000
Est. payment | /mo
5 Beds
2 Baths
1,536 SqFt
Key Details
Property Type Multi-Family
Sub Type 1 to 4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 1,536 sqft
Price per Sqft $195
MLS Listing ID 26844377IC
Bedrooms 5
Year Built 1930
Lot Size 8268.000 Acres
Property Sub-Type 1 to 4 Units
Property Description
Excellent income-producing opportunity in El Centro. Located at 471 & 473 W Holt Ave, this duplex offers versatility for both investors and owner-occupants. The property features two separate units: one 2-bedroom, 1-bath unit and one 3-bedroom, 1-bath unit. Unit 1 includes exterior laundry hookups, while Unit 2 offers interior laundry hookups. The spacious backyard provides alley access and includes an existing distressed wooden storage structure, offering potential for future improvement or expansion (buyer to verify). Ideal for generating rental income or offsetting a primary residence mortgage occupy one unit and lease the other, or rent both units for maximum return. Centrally located with convenient access to schools, shopping, and local amenities. Unit 471 is currently vacant and was previously rented for $1,200 per month. Unit 473 is tenant-occupied on a month-to-month lease at $1,000 per month. Gas and electricity are separately metered; water is on a shared meter. Seller currently pays water and electricity for Unit 473. Photos provided are of Unit 471.Buyer and buyer's agent to verify all information, including but not limited to square footage, zoning, rental income, and any other due diligence deemed necessary.
Location
State CA
County Imperial
Area 550
Zoning R-3
Interior
Heating None
Cooling Wall/Window, Other
Flooring Tile
Equipment Ceiling Fan, Oven/Range-Gas
Laundry Outside, Inside
Exterior
Parking Features Uncovered
Garage Spaces 2.0
Roof Type Clay Tile
Building
Story 1
Sewer City
Others
Special Listing Condition Standard
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