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700 Blair Ave
Calexico, CA 92231

$1,149,000 USD

Apartments For Sale  •  5,080 SF

Property Details

  • Property Type Apartments
  • Total Building Size 5,080 SF
  • Lot Size 0.26 AC
  • Year Built 1978
  • Cap Rate 8.18 %
  • Zoning RA
40 Walk Score

Highlights

Eight-unit apartment complex offering recently remodeled interiors.
Each unit consists of two bedrooms and one bathroom for practical layouts.
Generates approximately $115,200 in annual gross income with near-full occupancy.
Located near schools, shopping, and major transportation routes.
Represents a strong multifamily investment with an estimated 8% cap rate.

Financial Summary (Actual)

Net Operating Income: $94,090 USD (2024)
Cap Rate: 8.18 %
Total Expenses: $21,110 USD

Amenities

  • Air Conditioning

Parking Details

Parking Available: Yes
Reserved: Yes
Type: Reserved
Included in Rent: Yes
Manny Hernandez 760-427-3610 American Group Realtors
Manny Hernandez 760-427-3610 American Group Realtors