$690,000
$680,000
1.5%For more information regarding the value of a property, please contact us for a free consultation.
821 E 4th St Calexico, CA 92231
8 Beds
4 Baths
2,400 SqFt
Key Details
Sold Price $690,000
Property Type Multi-Family
Sub Type 1 to 4 Units
Listing Status Sold
Purchase Type For Sale
Square Footage 2,400 sqft
Price per Sqft $287
MLS Listing ID 26839375IC
Sold Date 06/17/26
Style Contemporary
Bedrooms 8
Year Built 2023
Lot Size 9246.000 Acres
Property Sub-Type 1 to 4 Units
Property Description
Welcome to this exceptional investment property featuring two beautifully constructed buildings, each with one unit on the ground level and one unit above, offering a total of four modern, income-producing residences built in 2021. Designed with a sleek, contemporary aesthetic, each unit showcases modern finishes and thoughtful layouts that today's tenants demand. Currently, each unit generates $1,480/month in rental income, generating strong and consistent cash flow from day one. Located in the highly desirable rental market of Calexico, a city known for its near-zero vacancy rates, eliminating the risk of income gaps. Units routinely lease within the same week they become available, making this a truly turnkey investment. Additional highlights include 8 concrete parking spaces and significant upside potential, with a tentative map already in place to accommodate an additional unit, a rare opportunity to increase your returns even further. Whether you're a seasoned investor or looking to expand your portfolio, this fourplex delivers the trifecta: new construction, low maintenance, and exceptional market demand. Schedule your private showing today, properties like this don't stay on the market long!
Location
State CA
County Imperial
Area 530
Zoning RC
Interior
Heating Central
Cooling Central
Flooring Linoleum
Equipment Hood Fan, Microwave, Oven/Range-Electric
Laundry Inside
Exterior
Exterior Feature Stucco
Parking Features None
Garage Spaces 8.0
Roof Type Shingle
Building
Story 2
Foundation Foundation - Concrete Slab, Foundation - Permanent
Sewer City
Structure Type Stucco
Others
Acceptable Financing Cal Vet Loan, Conventional, FHA Loan
Listing Terms Cal Vet Loan, Conventional, FHA Loan
Special Listing Condition Standard
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