Movoto Real Estate
Sold on 05/22/2026
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730 W Olive, El Centro, CA 92243

  • $1,375,000

    Last sold 05/22/2026 after 77 Days

  • bed

  • bath

Multi-family not for sale
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About 730 W Olive

Property type Multi-family
Neighborhood
Year built 1963
HOA fee $0/month
Lot size 0.4 Acre
Property description
Extensively upgraded and remodeled 12-unit apartment building offering investors a rare opportunity to acquire a high cash-flow potential asset with minimal deferred maintenance. The property has undergone significant improvements including a new roof, new windows, upgraded plumbing and electrical systems, and refreshed exterior, creating an attractive and low-maintenance investment. Each unit features two mini-split HVAC systems for efficient heating and cooling, new flooring throughout, all new kitchen cabinets with new appliances, new bathroom vanities, and newly tiled bathrooms. The property also includes new safety handrails on the balconies, further enhancing safety and curb appeal. The building consists of 10 one-bedroom units and 2 studio units. Projected rents are approximately $1,250 per month for the one-bedroom units and $950 per month for the studios, offering investors strong income potential once leased. With extensive capital improvements completed, this property presents an opportunity to acquire a modernized, income-producing asset positioned for strong cash flow in the El Centro rental market.
Listed by
Listing Agent - Bret Lewis
Listing Agent Contact: 480-225-6616
Listing Office - Bret Lewis, Broker
Source: CRMLS mls logo
MLS#PW26048569 • last updated 5 days ago
Movoto checked CRMLS for data 2 minutes ago
Overview
Levels/Style Two
Type Residential Income
SubType Apartment
Status Closed
Lot Size (Acres) 0.4048
Lot Size (SqFt) 17631
Year Built 1963
Interior
Laundry Community
Exterior
Building Area Square Feet, 7149
Lot Description 0-1 Unit/Acre
Amenities / Utilities
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Imperial
Community Features Suburban
Directions Olive Ave & S 8th St: West On Olive Ave
APN 53181014000
Multifamily Details
Gross Income 172800
Gross Scheduled Income 172800
  • Jun 2026
    mls logo MLS # PW26048569
  • Jun 3, 2026 Sold
    $1,375,000 (-8.3%)
  • Mar 6, 2026 Listed
    $1,499,000
  • 730 W Olive
    $1.37M
  • Downtown El Centro
  • 92243
    $476K -1% y/y
  • El Centro
    $476K -3% y/y
No chart available
Statistics calculated by Movoto

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4/10
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Source: GreatSchools.org © 2026. All rights reserved.

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Nearby homes for sale in El Centro, CA

  • Real Estate
  • CA
  • Imperial County
  • El Centro
  • 92243
  • Downtown El Centro
  • 730 W Olive
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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 6/8/2026. 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. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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