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$267,000
Est. payment /mo
12 Beds
6 Baths
5,481 SqFt
UPDATED:
02/08/2025 10:55 PM
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 5,481 sqft
Price per Sqft $48
MLS Listing ID 250018516
Bedrooms 12
Full Baths 6
HOA Y/N No
Year Built 1937
Property Sub-Type Res Income 2-4 Units
Property Description
Incredible Investment Opportunity – Approved Project in Calexico This is a fantastic opportunity for investors looking to develop a multi-unit rental property near the border. Rather than reviewing pictures of an existing building, please refer to the attached approved plans and city comments for this exciting project. Currently a warehouse, this property has already undergone extensive planning, with the owner investing significant time and money to secure project approval from the City of Calexico for the construction of three residential units. Each proposed unit features four bedrooms and two bathrooms, with one unit including a two-car garage. The buyer of this project could begin construction upon meeting the requirements outlined in the attached city approval letter. Owning three large rental units in this prime location presents a lucrative investment opportunity! Are you passionate about construction and transforming a project into a reality? This could be the ideal investment for you. For construction-related details, please verify with the City of Calexico.
Location
State CA
County Imperial
Community Out Of Area
Area Imp Cty-Calexico (92231)
Building/Complex Name Calexico
Zoning R3
Interior
Heating Other/Remarks
Exterior
Exterior Feature Brick
Parking Features Unit1:N/K Unit2:N/K Unit3:N/K Unit4:N/K
Fence Partial
View Other/Remarks
Roof Type Other/Remarks
Building
Lot Description Corner Lot
Story 2
Lot Size Range 4000-7499 SF
Sewer Sewer Available
Water Available
Level or Stories 2 Story
Others
Acceptable Financing Cash
Listing Terms Cash
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Listed by Manny Hernandez • American Group
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