Fourplex with Exterior Laundry
For Sale
$469,000
206 B St, Brawley, CA 92227
MULTI_FAMILY - Brawley, CA
Property Size1,968 SF
Lot Size0.16 Acres
Price / SF$238.31
Days on Market129
Property Features for 206 B St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R2
Bedrooms
5
Bathrooms
4
Full bathrooms
4
Rooms
Bathroom 4, Bedroom 1, Bedroom 4, Bathroom 1, Bedroom 3, Bathroom 3, Bedroom 2, Bathroom 2, Bedroom 5
Directions
Please use google maps
Subdivision
520
Standard status
Active
APN
046-181-002-000
Size
1,968 SF
Lot size
0.16 Acres
Utilities
Cooling system
Window Unit(s)
Building Details
Year built
1954
Floors in Building
1
Number of units
4
Flooring type
Tile - Ceramic
Roof type
Shingle, Composition
Listing Agency:
Masoom M. Goyal, Broker
(760) 554-1318
Listed By:
Masoom Mona Goyal · License #01370527
(760) 554-1318
Added: Apr 15
Changed: Aug 3
Last Checked: Aug 21 at 11:06AM
MLS# 26726803IC
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.
Fourplex at 206 B St, Brawley, CA 92227 with one 2 bed/1 bath unit and three 1 bed/1 bath units. Laundry hookups are provided outside the units. The property sits on a 0.164-acre lot and includes 1,968 square feet. Built in 1954, the home features ceramic tile flooring and window unit cooling, with a shingle/composition roof.
Zoned R2, this is a residential income property setup designed around separately rented units, with shared exterior laundry hookups for tenant convenience.
Additional building details indicate multiple bedrooms and bathrooms distributed across the unit interiors, with major upgrades completed last year, supporting the property’s current condition and presentation.
Zoned R2, this is a residential income property setup designed around separately rented units, with shared exterior laundry hookups for tenant convenience.
Additional building details indicate multiple bedrooms and bathrooms distributed across the unit interiors, with major upgrades completed last year, supporting the property’s current condition and presentation.
Key Highlights
- One 2 bed/1 bath unit plus three 1 bed/1 bath units
- Laundry hookups outside the units
- 0.164‑acre lot
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$17,615
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.76%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$352,300
$352.3K
Cap Rate 7%
$251,643
$251.6K
Cap Rate 9%
$195,722
$195.7K
Market Conditions
NOI Build-Up for 1,968 SF
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.
Gross rent
$26.0K $13.20/SF
− Vacancy
−$813 −$0.41/SF
EGI
$25.2K $12.79/SF
− OpEx
−$7.5K −$3.84/SF
NOI
$17.6K $8.95/SF
Area
Imperial County, CA
Vacancy
3.13%
Lease Rate
$13.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$352,300
Cap Rate 7%
$251,643
Cap Rate 9%
$195,722
Alternative Uses
Best Use
Multifamily LT 5
$251.6K
$220.2K – $293.6K
NOI $17,615 @ 7.0% cap · market cap 3.76%
Second Best
Apartment 5plus
$233.3K
$204.1K – $272.1K
NOI $16,328 @ 7.0% cap · market cap 3.48%
Theoretical Best
Office A
$502.0K
$439.3K – $585.7K
NOI $35,141 @ 7.0% cap · market cap 7.49%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
718
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - R2-zoned fourplex with one 2 bed/1 bath unit and three 1 bed/1 bath units, plus laundry hookups outside each unit.
Where is this quadplex located?
The property is located at 206 B St Brawley, CA.
What is the asking price?
The asking price for this property is $469,000.
What are key features of this property?
This property features: One 2 bed/1 bath unit plus three 1 bed/1 bath units; Laundry hookups outside the units; 0.164‑acre lot
