$2,875,000
$3,499,990
17.9%For more information regarding the value of a property, please contact us for a free consultation.
1990 Cottonwood CIR #1996 El Centro, CA 92243
0.48 Acres Lot
Key Details
Sold Price $2,875,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 219113460DA
Sold Date 08/21/24
HOA Y/N No
Year Built 1977
Lot Size 0.476 Acres
Acres 0.4761
Property Description
A rare investment opportunity in El Centro! This is your opportunity to own a long time family owned 28-unit apartment complex with 7 buildings. The units range from 1 bedroom, 1 bath to 2 bedroom, 1 bath. The complex features charming courtyards and some covered carports. It is conveniently located near the Interstate 8 freeway onramp and Imperial Avenue, close to El Centro Regional Hospital and local schools. The property has long-term tenants with low turnover. Here's your chance to add to your portfolio or create generational wealth.
Location
State CA
County Imperial
Area Elcn - El Centro
Zoning 1OGB82Z9KWNJ
Rooms
Ensuite Laundry Common Area
Interior
Laundry Location Common Area
Heating Electric
Fireplace No
Laundry Common Area
Exterior
Carport Spaces 14
Utilities Available Electricity Connected
Roof Type Shingle
Total Parking Spaces 34
Building
Water Public
Others
Tax ID 052334002000
Financing Cash
Special Listing Condition Standard
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Bought with OUT OF AREA • OUT OF AREA