Stacey Alysson Melman

730 W Olive El Centro CA 92243 MLS #PW26048569

730 W Olive
El Centro, CA, 92243
$1,499,000
Beds
0 Baths
0 SqFt
0.4 Acres
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MLS #PW26048569 image #0
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.
AGENT: Bret Lewis
LISTING BROKERAGE: Bret Lewis, Broker
730 W Olive
El Centro, CA

Property Details

Price:
$1,499,000
MLS #:
PW26048569
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
elcnelcentro
Listed Date:
Mar 6, 2026
Total Sq Ft:
7,149
Lot Size:
17,631 sqft / 0.40 acres (approx)
Year Built:
1963
Elcn – El CentroElcnelcentro
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Schools

Interior

Cooling
DUC
Laundry Features
CM
Levels
U

Exterior

Common Walls
NCW
Community Features
SUB

Financial

Net Operating Income
$172,800

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