A rare investment opportunity in El Centro! This is your opportunity to own a long time family owned 28-unit apartment complex with 7 buildings. The units range from 1 bedroom, 1 bath to 2 bedroom, 1 bath. The complex features charming courtyards and some covered carports. It is conveniently located near the Interstate 8 freeway onramp and Imperial Avenue, close to El Centro Regional Hospital and local schools. The property has long-term tenants with low turnover. Here's your chance to add to your portfolio or create generational wealth.
Sold for $2,850,000 on 08/20/24
$2,850,000
1980 Cottonwood Cir, El Centro, CA 92243
44beds
28baths
18,444sqft
MultiFamily
Built in 1977
-- sqft lot
$3,039,600 Zestimate®
$155/sqft
$1,280 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listed by:
Sherry Cowie,
Prince & Associates Realtors
Bought with:
Joseph McCormack, 01127866
Real Estate One of IV
Source: ICAOR,MLS#: 24404603IC

Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 44
- Bathrooms: 28
Heating
- CFAE
Cooling
- CFAC
Appliances
- Included: Exhaust Fan, Oven/Range-Electric, Electric Water Heater
- Laundry: Laundry Room, Community
Features
- Flooring: Mixed
Interior area
- Total structure area: 18,444
- Total interior livable area: 18,444 sqft
Property
Parking
- Total spaces: 34
- Parking features: Carport, Parking Space
- Carport spaces: 14
- Uncovered spaces: 20
Features
- Stories: 2
Lot
- Size: 0.48 Acres
Details
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
Materials
- Stucco
- Foundation: Slab
- Roof: Shingle
Condition
- Year built: 1977
Utilities & green energy
- Sewer: City
- Water: City
Community & neighborhood
Location
- Region: El Centro
- Subdivision: Mar Village
HOA & financial
Other financial information
- Total actual rent: 21172
Other
Other facts
- Listing agreement: Exclusive Agency