Newly Remodeled Eight-Unit Apartment
700 Blair Ave Calexico, CA 92231
700 Blair Ave, Calexico, CA, 92231
$1,139,000
For Sale
$1,139,000
MULTI_FAMILY - Calexico, CA
Property Size4,710 SF
Price / SF$241.83
Days on Market269
Property Features for 700 Blair Ave
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Bedrooms
- 42
- Bathrooms
- 21
- Rooms
- Bedroom 33, Bedroom 4, Bedroom 6, Bedroom 37, Bedroom 14, Bedroom 30, Bedroom 38, Bedroom 8, Bedroom 7, Bedroom 20, Bedroom 12, Bedroom 2, Bedroom 24, Bathroom 10, Bedroom 17, Bedroom 36, Bedroom 3, Bedroom 11, Bedroom 28, Bedroom 1, Bathroom 20, Bathroom 5, Bathroom 13, Bedroom 13, Bathroom 17, Bedroom 29, Bathroom 3, Bathroom 8, Bedroom 9, Bathroom 18, Bedroom 5, Bedroom 15, Bathroom 4, Bedroom 10, Bathroom 21, Bedroom 42, Bedroom 41, Bathroom 15, Bathroom 14, Bathroom 11, Bedroom 18, Bedroom 22, Bedroom 27, Bathroom 2, Bedroom 19, Bedroom 21, Bedroom 35, Bathroom 12, Bedroom 23, Bedroom 34, Bedroom 25, Bedroom 16, Bedroom 26, Bedroom 31, Bedroom 39, Bedroom 40, Bathroom 1, Bathroom 6, Bathroom 19, Bedroom 32, Bathroom 7, Bathroom 16, Bathroom 9
- Parking
- 8
- Standard status
- Active
- APN
- 058-373-006-000
- Size
- 4,710 SF
Building Details
- Number of units
- 8
Listing agency
American Group
(760) 768-8808
Listed by
Manny Hernandez · License #01253348
(760) 427-3610
Added: Oct 27, 2025 Updated: Jul 15 at 3:28AM Checked: Jul 22 at 12:06AM
MLS# 250042665
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 for-sale multifamily property consists of eight units, each featuring a two-bedroom, one-bath layout. The interiors have been newly remodeled, providing updated finishes throughout the building. Designed for straightforward, repeatable leasing, the uniform unit mix supports an operator’s ability to maintain consistent standards across the property.
The building is located at 700 Blair Ave in Calexico, California (Imperial County). The offering is presented as a turnkey investment, with the stated annual income at $115,200 and a cap rate around 8.00%.
For buyers seeking an apartment building with a simple unit profile, this asset offers a clear fit: all units share the same two-bedroom, one-bath configuration and have recently been renovated. With income figures and remodeling status specifically identified in the listing, the property is positioned for buyers looking to acquire a maintained, income-producing eight-unit complex with minimal visible execution required beyond ownership.
The building is located at 700 Blair Ave in Calexico, California (Imperial County). The offering is presented as a turnkey investment, with the stated annual income at $115,200 and a cap rate around 8.00%.
For buyers seeking an apartment building with a simple unit profile, this asset offers a clear fit: all units share the same two-bedroom, one-bath configuration and have recently been renovated. With income figures and remodeling status specifically identified in the listing, the property is positioned for buyers looking to acquire a maintained, income-producing eight-unit complex with minimal visible execution required beyond ownership.
Key Highlights
- Eight‑unit multifamily complex
- All units feature a 2‑bedroom, 1‑bath layout
- Newly remodeled interiors
Local 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 | $73.5k | $15.60 |
| − Vacancy | −$2.4k | −$0.51 |
| EGI | $71.1k | $15.09 |
| − OpEx | −$32.0k | −$6.79 |
| NOI | $39.1k | $8.30 |
4,710 SF · lease $15.60/SF/yr · vacancy 3.30% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$558.3K
$488.5K – $651.3K
NOI $39,078 @ 7.0% cap · market cap 3.43%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.20M
$1.05M – $1.40M
NOI $84,102 @ 7.0% cap · market cap 7.38%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Apartment building - Eight newly remodeled units offer consistent two-bedroom, one-bath layouts and stated annual income of $115,200.
Where is this apartment building located?
The property is located at 700 Blair Ave Calexico, CA.
What is the asking price?
The asking price for this property is $1,139,000.
What are key features of this property?
This property features: Eight‑unit multifamily complex; All units feature a 2‑bedroom, 1‑bath layout; Newly remodeled interiors
