470 W Olive Ave

El Centro CA 92243

2400 sq. ft.

0.19 ac.

Other

Last sold for $600,000

Charles G Couri, last sold this property on 15 December 2025 after 737 days on market.

Overview

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.

Features

10 bedrooms

5 bathrooms

2400 sq. ft. floor area

0.19 ac. lot size

Other

Estimated Value

We need at least 3 similar 10 bedroom other properties sold in El Centro over the last 12 months.

Property history for 470 W Olive Ave

2025

Sold

$600,000

15 Dec 2025 by Charles G Couri, of Keller Williams Realty

2019

Sold

Undisclosed

12 Sep 2019 by Allison Childers, of Childers Real Estate

Happy sellers in El Centro

We have insufficient information to provide an overview of customer satisfaction for El Centro. Viewing the agent profiles, reviews and sales for El Centro can provide insights for this location.

Local market activity for 10 bedroom other properties in El Centro

Sold

For Sale

Interested in selling?

People are reaching out to these agents in El Centro for a market analysis.

Eduardo Chavez Aguilar

at Century 21 Masters

(37 reviews)

Get a market analysis

YOLANDA ANDRADE

at RE/MAX Vision

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Carry Brentner

at Realty Executives Homes

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Charles G Couri

Get a market analysis

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in El Centro

Eduardo Chavez Aguilar

Sellers who recommend Eduardo Chavez Aguilar have praised them for being local expert, clear communication, supportive, reliable, dedicated, empathetic, and attentive