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103 E 2nd St, Imperial, CA, 92251

8beds
4baths
3,064sqft
$650,000
$212price/sqft
$4,731/moest. monthly cost
$189,240/yrincome needed

About This Home

Great 4-unit investment opportunity located right in the heart of Imperial on a desirable corner lot. The property offers plenty of parking, including covered spaces, and has a brand-new roof already in place, one major expense taken care of for the next owner. Each unit has its own outdoor space, with the downstairs units featuring private back patios and the upstairs units offering balconies. One of the units has been fully upgraded, giving you a good idea of the potential throughout the rest of the property. There's also strong upside here as some of the units are currently rented below market value, leaving room for future rent increases and improved cash flow over time. Solid location, good unit mix, and long-term potential make this a great option for both new and experienced investors.

Getting Around

60
WalkingSomewhat Walkable
0
TransitVery Limited Transit
40
BikeSomewhat Bikeable

Schools

7/10
7/10
6/10
Imperial High SchoolGrades 9-120.6 mi

Construction

Condition

  • Year built: 1983

Materials

  • Roof: Composition,Shingle

Type & Style

  • Home type: MultiFamily

Interior

Appliances

  • Appliances included: Gas Water Heater
  • Laundry features: None

Bedrooms & Bathrooms

  • Bedrooms: 8
  • Bathrooms: 4

Features

  • Flooring: Carpet,Ceramic Tile,Laminate

Heating & Cooling

  • Heating features: CFAG
  • Cooling features: Air Conditioning

Interior Area

  • Total structure area: 3,064
  • Total interior livable area: 3,064 sqft

Property

Details

  • Parcel number: 064203006000
  • Zoning: R-3
  • Special condition: Standard
  • Other equipment: Other

Features

  • Stories: 2

Lot

  • Lot size: 6,285 sqft

Parking

  • Total spaces: 7
  • Parking features: Detached Carport,Covered,Driveway - Combination
  • Covered spaces: 4
  • Has uncovered spaces: Yes
  • Uncovered spaces: 3
  • Carport: Yes
  • Carport spaces: 4