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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
Questions?

730 W Olive, El Centro – $1,499,000

  • 1 Bed
  • 2 Baths
  • .4 Acres
  • 46 DOM
  • 1 Bed
  • 2 Baths
  • .4 Acres
  • 46 DOM

730 W Olive

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.

Essential Information

  • MLS® #PW26048569
  • Price$1,499,000
  • Bedrooms1
  • Bathrooms2.00
  • Acres0.40
  • Year Built1963
  • TypeResidential Income
  • Sub-TypeApartment
  • StatusActive

Community Information

  • Address730 W Olive
  • AreaELCN - El Centro
  • CityEl Centro
  • CountyImperial
  • Zip Code92243

Amenities

  • PoolNone

Interior

  • CoolingDuctless
  • # of Stories2
  • StoriesTwo

Exterior

  • Lot DescriptionZeroToOneUnitAcre

Additional Information

  • Date ListedMarch 6th, 2026
  • Days on Market46

Listing Details

  • AgentBret Lewis
  • OfficeBret Lewis, Broker
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Bret Lewis, Bret Lewis, Broker.

Based on information from California Regional Multiple Listing Service, Inc. as of April 21st, 2026 at 3:21am PDT. 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.