Brawley, CA 92227,650 N. Imperial Ave
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Brawley, CA 92227,650 N. Imperial Ave
Brawley, CA 92227,650 N. Imperial Ave
Brawley, CA 92227,650 N. Imperial Ave
Brawley, CA 92227,650 N. Imperial Ave

$4,459,000

Est. payment /mo

$4,650,000

4.1%
Est.Price: ?

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650 N. Imperial Ave Brawley, CA 92227

2.35 Acres Lot

SOLD DATE : 02/10/2021

Key Details

Sold Price $4,459,000

Property Type Multi-Family

Listing Status Sold

Purchase Type For Sale

MLS Listing ID CV20195250

Sold Date 02/10/21

HOA Y/N No

Year Built 1974

Lot Size 2.350 Acres

Property Description

The property is a prime multifamily offering located in Imperial County, nestled in the southeast corner of the state of California, also known as The Imperial Valley. Brawley Park Imperial Townhomes is a one-of-a-kind, well-maintained, two-story property. Built in 1973, and renovated in 2010, Brawley Park Imperial Townhomes is situated on a neatly landscaped and quiet ±2.35 acre lot, with combined rentable square feet totaling ±51,600 for the 41 condos. The property offers ample parking, a pool with sundeck, an oversized grass courtyard, and BBQ & picnic area. This property offers a highly desirable unit mix of spacious three-bedroom and four-bedroom floor plans, with an average unit size of 1,259 square feet. Units include central air conditioning and heating, gas range and oven, built-in microwave, dishwasher, double sink with garbage disposal, in-unit washer/dryer hookups and a spacious back patio. Select units have been upgraded with vinyl plank flooring and carpet throughout; kitchens offer raised panel cherry cabinetry, Corian countertops and refrigerators. The property offers highly desirable rental units within one of the most sought after cities to live in within the Imperial Valley. It offers growth and stability for any type of investor, whether they may be a first-time purchaser, seasoned investor, or a 1031 exchange opportunity.

Location

State CA

County Imperial

Area Braw - Brawley

Interior

Fireplace No

Laundry Electric Dryer Hookup, Gas Dryer Hookup

Exterior

Garage Spaces 52.0

Garage Description 52.0

Pool Community

Community Features Curbs, Sidewalks, Pool

Total Parking Spaces 52

Private Pool No

Building

Lot Description Landscaped

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 047520001

Acceptable Financing Cash to Existing Loan

Listing Terms Cash to Existing Loan

Financing Assumed

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by ERIC CHEN • CB RICHARD ELLIS
Bought with Masoom Goyal • Masoom Goyal, Broker

John Hickey

Agent | License ID: 00985364

+1(818) 434-6696

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