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El Centro Multifamily Development Land
For Sale
$2,439,360

121 Danenberg Dr, El Centro, CA 92243

LAND - El Centro, CA

Property SizeContact for details
Lot Size8.00 Acres
Days on Market702

Property Features for 121 Danenberg Dr

General Information

Property type Land
Property subtype Other
Zoning R2
Directions From I-8 exit 4th St (aka Hwy 86) south, about 1/4 mile to Danenberg Rd, left (east) on Danenberg Rd to site.
Subdivision 550
Standard status Active
APN 054-360-038-000
Lot size 8.00 Acres
Listing Agency: Pat Seay Real Estate
Listed By: Patricia Seay · License #01218535
Added: Sep 20, 2024 Changed: May 14 Last Checked: Aug 22 at 6:06AM
MLS# 24443343IC

Copyright © 2026 Imperial County Association of Realtors®. 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 8-acre property is located in the City of El Centro and is suitable for a multi-family development of up to 95 units. The site is situated between Dogwood Road and 4th Street (Hwy 86). Dogwood Road features big box stores and the Imperial Valley Mall, while 4th Street includes businesses such as In-N-Out, 7-11, Starbucks, IHOP, Habit Burger, Panera Bread, and Home Depot. Numerous County offices, including Imperial County social services and the Health Department, are also nearby. The property is located approximately one quarter mile south of Interstate 8, providing accessibility for residents. A new, 30,000 square foot California Highway Patrol building is in the final stages of completion on an adjacent 7+ acre parcel. A new courthouse is also part of the local landscape.

Key Highlights

  • Zoned for multi‑family development, allowing construction of up to 95 units on an 8‑acre site.
  • Excellent location in El Centro with strong demand for rental housing.
  • Convenient access to Interstate 8 (approximately 0.25 miles).

Property Analytics

Current Use

Commercial land

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office HVAC Service Kitchen & Bath Showroom Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

215
Businesses Nearby

Demographics for 92243, CA

49,149
Population
15,908
Households
3.1
Avg Household Size
36
Median Age
16%
College-Educated
74%
High-School Grad
113.3 sq mi
ZIP Area
434
Density / Sq Mi
$55,890
Median Household Income
$31,170
Median Earnings
$992
Median Rent
$286,100
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - 8-acre land parcel suitable for multifamily development in El Centro.
Where is this commercial land located?
The property is located at 121 Danenberg Dr El Centro, CA.
What is the asking price?
The asking price for this property is $2,439,360.
What are key features of this property?
This property features: Zoned for multi‑family development, allowing construction of up to 95 units on an 8‑acre site.; Excellent location in El Centro with strong demand for rental housing.; Convenient access to Interstate 8 (approximately 0.25 miles).
More about this property
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