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Four-Unit Quadplex
New
For Sale
$475,000

232 W Brighton Ave, El Centro, CA 92243

Residential Income, A-Frame, El Centro, CA

Property Size1,680 SF
Lot Size0.19 Acres
Price / SF$282.74
Days on Market2

Property Features for 232 W Brighton Ave

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R1
Bedrooms 4
Bathrooms 4
Full bathrooms 4
Rooms Bedroom 1, Bathroom 1, Bedroom 3, Dining Room, Bathroom 2, Bathroom 3, Bathroom 4, Bedroom 4, Bedroom 2
Parking 6
Directions Ross and Brighton
Subdivision 550
Standard status Active
APN 053-213-013-000
Size 1,680 SF
Lot size 0.19 Acres

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 1680
Floors in Building 1
Number of units 4
Flooring type Linoleum, Tile
Roof type Asphalt
Architectural style Other
Listing Agency: eXp Realty of California Inc
Listed By: Gisela Sanchez · License #01765802
Added: Oct 5 Last Checked: Oct 6 at 11:06PM
MLS# 26996929IC

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 R1-zoned quadplex contains four rental residences: three one-bedroom apartments and one studio. The property is fully occupied, with tenants in place. The parcel encompasses 0.191 acres, and six parking spaces are arranged at the front and rear of the property.

Located in El Centro, the property offers a four-unit configuration with a mix of apartment sizes.

Key Highlights

  • Four units: three one‑bedroom apartments and one studio
  • Fully occupied with tenants in place
  • 0.191‑acre parcel

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$15,037
Cap Rate
3.17%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$300,740 $300.7K
Cap Rate 7%
$214,814 $214.8K
Cap Rate 9%
$167,078 $167.1K
Market Conditions
NOI Build-Up for 1,680 SF
Gross rent
$22.2K $13.20/SF
− Vacancy
−$694 −$0.41/SF
EGI
$21.5K $12.79/SF
− OpEx
−$6.4K −$3.84/SF
NOI
$15.0K $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 Rate 5%
$300,740
Cap Rate 7%
$214,814
Cap Rate 9%
$167,078

Alternative Uses

Best Use
Multifamily LT 5
$214.8K
$188.0K – $250.6K (±1% cap)
NOI $15,037 @ 7.0% cap · market cap 3.17%
Second Best
Apartment 5plus
$199.1K
$174.2K – $232.3K (±1% cap)
NOI $13,939 @ 7.0% cap · market cap 2.93%
Theoretical Best
Office A
$428.5K
$375.0K – $500.0K (±1% cap)
NOI $29,998 @ 7.0% cap · market cap 6.32%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Pharmacy Locksmith Tech Support Center Veterinary Clinic Carpet & Flooring Store

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

4
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

855
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in West region

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

What type of property is this?
Quadplex - All four residences are leased, comprising three one-bedroom apartments and a studio.
Where is this quadplex located?
The property is located at 232 W Brighton Ave El Centro, CA.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Four units: three one‑bedroom apartments and one studio; Fully occupied with tenants in place; 0.191‑acre parcel
More about this property
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