Borrego Springs Multifamily Investment
2701 Double O Rd Borrego Springs, CA 92004
For Sale
$325,000
MULTI_FAMILY - Borrego Springs, CA
Property Size1,688 SF
Lot Size0.00 Acres
Price / SF$192.54
Days on Market88
Property Features for 2701 Double O Rd
General Information
Property type
Residential Multi Family
Property subtype
Other
Bedrooms
4
Bathrooms
2
Rooms
Bathroom 2, Bedroom 4, Bedroom 3, Bathroom 1, Bedroom 1, Bedroom 2
Exterior features
Public Street, Street Paved
Standard status
Active
APN
198-061-06-00
Size
1,688 SF
Lot size
0.00 Acres
Utilities
Heating system
Forced Air
Cooling system
Central Air
Building Details
Year built
1992
Floors in Building
1
Number of units
2
Roof type
Composition
Listing Agency:
Road Runner Realty
(760) 767-5002
Listed By:
David K Cragoe · License #01521474
(619) 741-6400
Added: May 4
Changed: Jul 15
Last Checked: Jul 30 at 3:06AM
MLS# 260010696
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. The property contains two units with long-term renters. The property size is 1688 square feet and the lot size is 0.0011 acres. It is located close to town and is suitable as an investment property.
Key Highlights
- Year built 1992 with forced air heating and central air conditioning
- Composition roof
- Public street access with paved street frontage
Financial Insights For Apartment 5plus
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 | $53.7k | $31.80 |
| − Vacancy | −$2.7k | −$1.59 |
| EGI | $51.0k | $30.21 |
| − OpEx | −$22.9k | −$13.59 |
| NOI | $28.0k | $16.62 |
1,688 SF · lease $31.80/SF/yr · vacancy 5.00% · expense 45.00%
Alternative Uses
Best Use
Multifamily LT 5
$432.1K
$378.1K – $504.1K
NOI $30,244 @ 7.0% cap · market cap 9.31%
Second Best
Apartment 5plus
$400.7K
$350.6K – $467.5K
NOI $28,047 @ 7.0% cap · market cap 8.63%
Theoretical Best
Office A
$773.4K
$676.7K – $902.3K
NOI $54,137 @ 7.0% cap · market cap 16.66%
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 - Multifamily property with long-term renters, close to town.
Where is this duplex located?
The property is located at 2701 Double O Rd Borrego Springs, CA.
What is the asking price?
The asking price for this property is $325,000.
What are key features of this property?
This property features: Year built 1992 with forced air heating and central air conditioning; Composition roof; Public street access with paved street frontage
