Borrego Springs Income
2610-2612 Double O RD Borrego Springs, CA 92004
For Sale
$350,000
MULTI_FAMILY - Borrego Springs, CA
Property Size1,730 SF
Lot Size0.60 Acres
Price / SF$202.31
Days on Market160
Property Features for 2610-2612 Double O RD
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 1, Bathroom 2, Bedroom 3, Bedroom 1, Bedroom 4, Bedroom 2
Pets allowed
Yes
Exterior features
Cul-De-Sac, Public Street, Street Paved
Standard status
Active
APN
198-061-21-00
Size
1,730 SF
Lot size
0.60 Acres
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1998
Floors in Building
1
Number of units
2
Roof type
Rolled Hot Mop
Listing Agency:
Road Runner Realty
(760) 767-5002
Listed By:
David K Cragoe · License #01521474
(619) 741-6400
Added: Feb 20
Changed: Jul 15
Last Checked: Jul 30 at 2:06AM
MLS# 260004094
Copyright © 2026 San Diego MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This multifamily property is located in Borrego Springs, California. Situated on a cul-de-sac, the property offers a total area of 1,730 square feet on a 0.6-acre lot. This residential income property presents an opportunity for generating income in a quiet neighborhood.
Key Highlights
- Income property in Borrego Springs on a cul‑de‑sac
- Built in 1998 with forced‑air heating and central air
- Rolled hot mop roof
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $46.7k | $27.00 |
| − Vacancy | −$2.4k | −$1.40 |
| EGI | $44.3k | $25.60 |
| − OpEx | −$13.3k | −$7.68 |
| NOI | $31.0k | $17.92 |
1,730 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$442.8K
$387.5K – $516.6K
NOI $30,997 @ 7.0% cap · market cap 8.86%
Second Best
Apartment 5plus
$410.6K
$359.3K – $479.1K
NOI $28,745 @ 7.0% cap · market cap 8.21%
Theoretical Best
Office A
$792.6K
$693.6K – $924.7K
NOI $55,484 @ 7.0% cap · market cap 15.85%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Income property on a quiet cul-de-sac street.
Where is this duplex located?
The property is located at 2610-2612 Double O RD Borrego Springs, CA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: Income property in Borrego Springs on a cul‑de‑sac; Built in 1998 with forced‑air heating and central air; Rolled hot mop roof
