Movoto Real Estate
Sold on 12/15/2025

470 W Olive Ave, El Centro, CA 92243

$600,000

Last sold 12/15/2025 after 269 Days

  • 10

    bed

  • 5

    bath

  • 2,400

    Sqft ($250/Sqft)

Multi-family not for sale

About 470 W Olive Ave

Property type Multi-family
Neighborhood
HOA fee $0/month
Lot size 8,276 Sqft
Movoto estimate
Property description
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.
Listed by
Listing Agent - Charles G Couri
Listing Agent Contact: 619-469-0700
Listing Office - Keller Williams Realty
Source: San Diego MLS mls logo
MLS#250038191 • last updated 8 months ago
Movoto checked San Diego MLS for data 5 minutes ago
Overview
Cooling/AC Wall/Window
Heating Wall
Levels/Style Other/Remarks, 1 Story, 1
Virtual Tour N/A
MLS # 250038191
Type Residential Income
Status SOLD
SubType Com-Res Income
Living Area 2400
Lot Size (Acres) 0.19
Interior
Total # of Bathrooms 5
Total # of Bedrooms 10
Flooring Wood
Exterior
Roof Composition
Parking Other/Remarks
Location
APN 053-193-017-000
Directions GOOGLE MAPS OR WAZE
Multifamily Details
Total # of Buildings 5
Total # of Units 5
Financial Data Source Owner
$594K
Range: $534K-$653K
Last 30 days 
  • Dec 2025
    mls logo MLS # 250038191
  • Dec 16, 2025 Sold
    $600,000
  • Oct 5, 2025 Pending
  • Sep 5, 2025 Listed
    $599,900 (+46.3%)
  • Dec 2025
    Public Records
  • Dec 15, 2025 Sold
    $600,000
  • Apr 2024
    Public Records
  • Apr 17, 2024 Sold
    $410,000 (+82.2%)
  • Sep 2019
    Public Records
  • Sep 13, 2019 Sold
    $225,000 (-10.0%)
  • May 2017
    mls logo MLS # RS17104764
  • May 11, 2017 Listed
    $250,000
  • Mar 2016
    mls logo MLS # RS16052288
  • Mar 13, 2016 Listed
    $250,000
  • Year Property taxes Tax assessment
  • 2025
    $4,887 +76.7%
    $418,200
  • 2024
    $2,765 -2.1%
    $418,200 +73.35%
  • 2023
    $2,824 +6.9%
    $241,241 +4.04%
  • 2022
    $2,641 +2.6%
    $231,876 +2.0%
  • 2021
    $2,574 -1.9%
    $227,330 +1.04%
  • 2020
    $2,623 +48.2%
    $225,000
  • 2019
    $1,770 +0.5%
    $225,000 +51.28%
  • 2018
    $1,760
    $148,731
  • 470 W Olive Ave
    $600K
  • Downtown El Centro
  • 92243
    $469K -6% y/y
  • El Centro
    $477K -4% y/y
No chart available
Statistics calculated by Movoto

Thinking of selling? Get a Cash Offer.

  • A smooth, fast sale
  • Skip staging and repairs
  • No strings attached
4/10
7/10
6/10
Source: GreatSchools.org © 2026. All rights reserved.

Around Downtown El Centro

Explore everything this neighborhood has to offer. Learn more about Downtown El Centro.
By entering my info and clicking Ask a Question below, I am providing my e-signature and express written consent to receive marketing emails, calls, and texts (including via automatic telephone dialing systems, AI generative, artificial or pre-recorded voice technology) relating to my inquiry from Movoto (and parties calling/messaging on their behalf) even if my number appears on the company, state, or national Do Not Call Registry. You also agree to ourTerms and Conditions and Privacy Policy. Consent not required to receive services (call 1-844-420-1270 to be connected without providing consent).

Nearby recently sold homes in El Centro, CA

Nearby homes for sale in El Centro, CA

Newest listings in 92243

  • Real Estate
  • CA
  • Imperial County
  • El Centro
  • 92243
  • Downtown El Centro
  • 470 W Olive Ave
Meet with a real estate agent today (844) 430-0869
The multiple listing information is provided by San Diego MLS, Inc.. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information updated every 15 minutes. Terms of use & Privacy Policy, California Privacy Info. Copyright © 2005 - 2026 Movoto, Inc. All rights reserved. Equal Housing Opportunity CalDRE CalDRE #01517281
Movoto Real Estate is committed to ensuring accessibility for individuals with disabilities. We are continuously working to improve the accessibility of our web experience for everyone. We welcome feedback and accommodation requests, please submit them here.
This information is deemed reliable but not guaranteed. You should rely on this information only to decide whether or not to further investigate a particular property. BEFORE MAKING ANY OTHER DECISION, YOU SHOULD PERSONALLY INVESTIGATE THE FACTS (e.g. square footage and lot size) with the assistance of an appropriate professional. You may use this information only to identify properties you may be interested in investigating further. All uses except for personal, non-commercial use in accordance with the foregoing purpose are prohibited. Redistribution or copying of this information, any photographs or video tours is strictly prohibited. This information is derived from the Internet Data Exchange (IDX) service provided by San Diego Multiple Listing Service. Displayed property listings may be held by a brokerage firm other than the broker and/or agent responsible for this display. The information and any photographs and video tours and the compilation from which they are derived is protected by copyright. Data last updated 9/9/2026 3 AM. Compilation © 2026 San Diego Multiple Listing Service.
Requests for information regarding mortgage products will be directed to Movoto.com affiliate, Lower, LLC - a licensed Mortgage Lender (NMLS #1124061), or, based on your location, may be redirected to a participating mortgage marketing partner that may pay Lower, LLC for any consumer contact information provided through this site.