CA > Calexico > Out Of Area
Calexico, CA 92231,505 Giles Ave
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Calexico, CA 92231,505 Giles Ave
Calexico, CA 92231,505 Giles Ave
Calexico, CA 92231,505 Giles Ave
Calexico, CA 92231,505 Giles Ave

$582,000

Est. payment /mo

$580,000

0.3%
Est.Price: ?

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505 Giles Ave Calexico, CA 92231

SOLD DATE : 02/04/2025

Key Details

Sold Price $582,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

Subdivision Out Of Area

MLS Listing ID 240028956SD

Sold Date 02/04/25

HOA Y/N No

Year Built 1975

Property Description

4 Townhomes for sale in one building, they are well designed. Kitchen, living room and full bathroom downstairs, bedrooms and additional bathrooms are upstairs. 8 parking spaces for your tenants. Great location. Solid investment, good income and cash flow. Annual Cashflow $47,600 per year, A healthy Cap Rate of 8.21. especially in such a desirable location with stable demand. The cash flow is positive and substantial, making this property potentially a solid investment. The gross rent multiplier is 10.51

Location

State CA

County Imperial

Building/Complex Name Calexico

Interior

Cooling Central Air

Fireplace No

Exterior

Fence Partial

View Y/N No

Roof Type Composition

Building

Story 2

Entry Level Two

Level or Stories Two

Others

Senior Community No

Tax ID 058=452012000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Financing Conventional

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John Vogel

John Vogel

+1(760) 712-2437

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California Regional MLS (CRMLS)
Listed by Manny Hernandez • American Group
Bought with Manny Hernandez • American Group
agent

John Vogel

Real Estate Advisor | License ID: DRE 01445571

+1(760) 712-2437

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