Two-Unit Residential
471 W Holt Ave 473 El Centro, CA 92243
471 W Holt Ave 473, El Centro, CA, 92243
$300,000
For Sale
$300,000
Duplex with a 2-bedroom and 3-bedroom unit, each with laundry hookups and separately metered gas and electricity.
Property Size1,536 SF
Price / SF$195.31
Days on Market29
Property Features for 471 W Holt Ave 473
General Information
- Standard status
- Active
- Size
- 1,536 SF
- Property subtype
- Multi Family
Building Details
- Year Built
- 1930
Listing agency
CLI Realty Innovations
(760) 550-4570
Listed by
Nidia Silva · License #02201726
(760) 550-4570
Source
Exitrealty
Added: Jun 25 Updated: Jul 22 at 11:58PM Checked: Jul 22 at 11:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CLI Realty Innovations
Investment Insights
Based on property information with market context.
This duplex for sale in El Centro includes two separate residential units: a 2-bedroom, 1-bath unit and a 3-bedroom, 1-bath unit. Unit 1 has exterior laundry hookups, while Unit 2 offers interior laundry hookups. The property also features a spacious backyard with alley access and an existing distressed wooden storage structure that may be suitable for future improvement or expansion, subject to buyer verification.
Both units are currently tenant-occupied on month-to-month leases. Gas and electricity are separately metered between the units, while water is on a shared meter. Buyer and buyer’s agent should verify all information, including square footage, zoning, rental income, and any other due diligence as needed.
Both units are currently tenant-occupied on month-to-month leases. Gas and electricity are separately metered between the units, while water is on a shared meter. Buyer and buyer’s agent should verify all information, including square footage, zoning, rental income, and any other due diligence as needed.
Key Highlights
- Duplex built in 1930 at 471 & 473 W Holt Ave in El Centro, with two separate units
- Unit mix: one 2‑bedroom, 1‑bath unit and one 3‑bedroom, 1‑bath unit
- Laundry hookups: Unit 1 has exterior hookups; Unit 2 has interior hookups
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.3k | $13.20 |
| − Vacancy | −$635 | −$0.41 |
| EGI | $19.6k | $12.79 |
| − OpEx | −$5.9k | −$3.84 |
| NOI | $13.7k | $8.95 |
1,536 SF · lease $13.20/SF/yr · vacancy 3.13% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$196.4K
$171.9K – $229.1K
NOI $13,748 @ 7.0% cap · market cap 4.58%
Second Best
Apartment 5plus
$182.1K
$159.3K – $212.4K
NOI $12,744 @ 7.0% cap · market cap 4.25%
Theoretical Best
Office A
$391.8K
$342.8K – $457.1K
NOI $27,427 @ 7.0% cap · market cap 9.14%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Duplex with a 2-bedroom and 3-bedroom unit, each with laundry hookups and separately metered gas and electricity.
Where is this duplex located?
The property is located at 471 W Holt Ave 473 El Centro, CA.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: Duplex built in 1930 at 471 & 473 W Holt Ave in El Centro, with two separate units; Unit mix: one 2‑bedroom, 1‑bath unit and one 3‑bedroom, 1‑bath unit; Laundry hookups: Unit 1 has exterior hookups; Unit 2 has interior hookups
