470 W Olive Ave, EL CENTRO, CA 92243 - Photo 1 of 17, El Centro, CA
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Sold$600,000on Dec 15, 2025

470 W Olive Ave, EL CENTRO, CA 92243

10Beds
5Baths
2,400Sq Ft
0
20Days Listed

About This Property

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.

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Property Location

Property Details

Property Type
Com-Res Income
Bedrooms
10
Bathrooms
5
Building Area
2,400 Sqft
Living Area
2,400 sqft
Year Built
0
Stories
1.0
Status
Sold
Days on Market
20
Cumulative Days on Market
20
Original Price
$599,900

Location & Neighborhood

Local schools, parks, transit, and amenity information is being gathered for this listing. Check back soon for detailed neighborhood insights.

El Centro Market Snapshot

9

Active Listings

$320K

Median Price

46

Avg Days on Market

Last updated: Dec 16, 2025

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Listed by

Charles G Couri, Keller Williams Realty · 619-251-7476

Based on information from California Regional Multiple Listing Service, Inc. as of the date of this data. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing.

$599,900