Four-Unit
For Sale
$425,000
316 W Barbara St, Calipatria, CA 92233
MULTI_FAMILY - Calipatria, CA
Property Size2,860 SF
Lot Size0.21 Acres
Price / SF$148.60
Days on Market94
Property Features for 316 W Barbara St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
Quadruplex
Bedrooms
8
Bathrooms
4
Full bathrooms
4
Rooms
Bedroom 3, Bathroom 4, Bedroom 2, Bathroom 3, Bathroom 2, Bathroom 1, Bedroom 1, Dining Room, Bedroom 7, Bedroom 4, Bedroom 5, Bedroom 8, Bedroom 6
Parking
4
Parking features
Driveway
Interior features
Drywall Walls
Lot features
Front Yard, Lawn, Utilities Underground, Fenced, Single Lot, Street Asphalt
Directions
Directions from CA-111Head Southeast on CA-111 S. Turn Right onto W Barbara St. The property, 316 W Barbara St, will be shortly on your left.
Subdivision
540
Standard status
Active
APN
023-162-008-000
Size
2,860 SF
Lot size
0.21 Acres
Utilities
Heating system
Electric (Heating)
Building Details
Year built
1978
Floors in Building
1
Number of units
4
Flooring type
Tile
Roof type
Composition
Architectural style
Other
Listing Agency:
Catch Real Estate
(619) 866-7600
Listed By:
Esaul Alatriste · License #01336271
(619) 866-7600
Added: May 20
Changed: Aug 5
Last Checked: Aug 21 at 3:06PM
MLS# 26837161IC
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 four-unit quadplex offers a practical income-or-live-in setup, with four bedrooms and multiple bathrooms distributed across the interior rooms. The property size is 2,860 square feet, set on a 0.207-acre lot. Interior features include drywall walls and tile flooring. Heating is electric, and the roof is composition. Parking is provided via a driveway.
Located at 316 W Barbara St in Calipatria, California, this Imperial County property was built in 1978.
With its four-unit configuration, the building can support owner-occupant scenarios or a rental-focused approach, depending on how you plan to use the available units.
Located at 316 W Barbara St in Calipatria, California, this Imperial County property was built in 1978.
With its four-unit configuration, the building can support owner-occupant scenarios or a rental-focused approach, depending on how you plan to use the available units.
Key Highlights
- Four‑unit quadplex on 0.207 acres
- 2,860 square feet total building area
- Built in 1978
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
$25,599
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
6.02%
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%
$511,980
$512.0K
Cap Rate 7%
$365,700
$365.7K
Cap Rate 9%
$284,433
$284.4K
Market Conditions
NOI Build-Up for 2,860 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
$37.8K $13.20/SF
− Vacancy
−$1.2K −$0.41/SF
EGI
$36.6K $12.79/SF
− OpEx
−$11.0K −$3.84/SF
NOI
$25.6K $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%
$511,980
Cap Rate 7%
$365,700
Cap Rate 9%
$284,433
Alternative Uses
Best Use
Multifamily LT 5
$365.7K
$320.0K – $426.7K
NOI $25,599 @ 7.0% cap · market cap 6.02%
Second Best
Apartment 5plus
$339.0K
$296.6K – $395.5K
NOI $23,729 @ 7.0% cap · market cap 5.58%
Theoretical Best
Office A
$729.5K
$638.4K – $851.1K
NOI $51,068 @ 7.0% cap · market cap 12.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
4
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
152
Businesses Nearby
Explore this area
Business Placement
Demographics for 92233, CA
7,019
Population
1,461
Households
4.8
Avg Household Size
33
Median Age
4%
College-Educated
61%
High-School Grad
152.1 sq mi
ZIP Area
46
Density / Sq Mi
$53,282
Median Household Income
$30,413
Median Earnings
$933
Median Rent
$177,200
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 - Four-unit quadplex with electric heating, tile flooring, and driveway parking on a 0.207-acre lot.
Where is this quadplex located?
The property is located at 316 W Barbara St Calipatria, CA.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: Four‑unit quadplex on 0.207 acres; 2,860 square feet total building area; Built in 1978
