Building Details

Year built 1964

Floors in Building 2

Number of units 21

Flooring type Laminate

Roof type Asphalt

Listing Agency: eXp Realty of California Inc L***@exprealty.com Show Phone

Listed By: Gisela Sanchez · License #01765802 Show Phone

Added: Oct 1 Changed: Oct 6 Last Checked: Oct 7 at 3:06AM

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MLS# 26997839IC

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 21-unit apartment property was built in 1964 and contains 12,000 square feet on 0.529 acres. Its homes face a central courtyard, with an on-site manager in place. The unit mix comprises 15 two-bedroom, one-bathroom apartments and six one-bedroom apartments. Central heating and air conditioning, laminate flooring, and driveway parking are among the property features. The asset is zoned C and is offered in as-is condition.

Schools, shopping, and a freeway are nearby. The property is located in Brawley, California.

Key Highlights

• 21 apartments: 15 two‑bedroom, one‑bathroom units and six one‑bedroom units
• 12,000 square feet on 0.529 acres
• Central courtyard with an on‑site manager

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$99,562

Cap Rate

3.43%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,991,240 $2.0M

Cap Rate 7%

$1,422,314 $1.4M

Cap Rate 9%

$1,106,244 $1.1M

Market Conditions

NOI Build-Up for 12,000 SF

Gross rent

$187.2K $15.60/SF

− Vacancy

−$6.2K −$0.51/SF

EGI

$181.0K $15.09/SF

− OpEx

−$81.5K −$6.79/SF

NOI

$99.6K $8.30/SF

Area

Imperial County, CA

Vacancy

3.30%

Lease Rate

$15.60 /SF/Yr

Expense Ratio

45.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,991,240

Cap Rate 7%

$1,422,314

Cap Rate 9%

$1,106,244

Alternative Uses

Best Use

Apartment 5plus

$1.42M

$1.24M – $1.66M (±1% cap)

NOI $99,562 @ 7.0% cap · market cap 3.43%

Second Best

—

—

no second resolved use

Theoretical Best

Office A

$3.06M

$2.68M – $3.57M (±1% cap)

NOI $214,272 @ 7.0% cap · market cap 7.39%

Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Parking Lot & Garage 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.

Lease Details

21

Residential units

Yes

Highway access

Location Intelligence

Trade Area within ½ mile

748

Businesses Nearby

Explore this area Business Placement

Demographics for 92227, CA

27,492

Population

9,062

Households

3

Avg Household Size

33

Median Age

14%

College-Educated

74%

High-School Grad

593.7 sq mi

ZIP Area

46

Density / Sq Mi

$60,593

Median Household Income

$36,295

Median Earnings

$955

Median Rent

$272,200

Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022

7.8% 2023

8.6% 2024

8.6% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Apartment building - An on-site manager serves this apartment property, where homes are arranged around a shared courtyard.

Where is this apartment building located?

The property is located at 155 G St Brawley, CA.

What is the asking price?

The asking price for this property is $2,899,999.

What are key features of this property?

This property features: 21 apartments: 15 two‑bedroom, one‑bathroom units and six one‑bedroom units; 12,000 square feet on 0.529 acres; Central courtyard with an on‑site manager