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Apartment Building with Cottage-Style Units
For Sale
$1,699,000

476 -498 E H St, Brawley, CA 92227

MULTI_FAMILY - Brawley, CA

Property Size7,058 SF
Lot Size0.35 Acres
Price / SF$240.72
Days on Market52

Property Features for 476 -498 E H St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-3
Bedrooms 14
Bathrooms 14
Full bathrooms 13
Rooms Bedroom 8, Bedroom 12, Bedroom 14, Bathroom 2, Bathroom 11, Bathroom 7, Bedroom 3, Bedroom 4, Bathroom 13, Bathroom 9, Bathroom 12, Bedroom 11, Bedroom 13, Bedroom 5, Bathroom 10, Bedroom 6, Bathroom 1, Bathroom 4, Bedroom 7, Bedroom 9, Bedroom 1, Bathroom 14, Bathroom 6, Bedroom 2, Bedroom 10, Bathroom 3, Bathroom 8, Bathroom 5
Parking features On Street
Lot features Fenced, Lawn, Landscaped
Directions head north on Hwy 86 then go east on H Street. the property will be on your right hand side.
Subdivision 520
Standard status Active
APN 049-081-007-000
Size 7,058 SF
Lot size 0.35 Acres

Taxes and HOA fees

Tax Description LOT:12,13 BLK:58 LOTS 12 & 13 BLK 58 TOWNSITE OF BRAWLEY OM 1 15
Legal Description LOT:12,13 BLK:58 LOTS 12 & 13 BLK 58 TOWNSITE OF BRAWLEY OM 1 15

Utilities

Cooling system Window Unit(s)

Building Details

Year built 1966
Floors in Building 2
Number of units 14
Flooring type Laminate
Roof type Flat
Listing Agency: Victor D. Conner, Real Estate
Listed By: Victor D. Conner · License #02034884
Added: Jun 15 Changed: Aug 4 Last Checked: Aug 5 at 4:06AM
MLS# 26847719IC

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 apartment building property consists of nine buildings, including eight cottage-style units and a larger rear building with six units. The total unit count is 14, with a unit mix of 12 one-bedroom/one-bath units, 1 two-bedroom/one-bath unit, and 1 studio unit. The cottage units are 1 Bed 1 Bath, while the rear building includes additional one-bedroom units, a studio unit, and the two-bedroom unit.

Most units have been renovated in the past 1–2 years, with upgrades described as new fixtures, flooring, paint, and plumbing among other improvements. The property was built in 1966. Flooring is listed as laminate, and cooling is provided via window unit(s). Parking is available on street.

Zoned R-3, the site totals 0.347 acres and includes 7,058 square feet of property size. The configuration and recent unit upgrades may appeal to buyers looking for a multifamily portfolio addition.

Key Highlights

  • 9 buildings total with eight cottage‑style units plus a rear six‑unit building
  • Unit mix: 12 one‑bedroom/one‑bath, 1 two‑bedroom/one‑bath, and 1 studio
  • Most units renovated in the past 1–2 years with upgrades including new fixtures, flooring, paint, and plumbing

Financial Insights For Apartment 5plus

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 $110.1k $15.60
− Vacancy −$3.6k −$0.51
EGI $106.5k $15.09
− OpEx −$47.9k −$6.79
NOI $58.6k $8.30
7,058 SF · lease $15.60/SF/yr · vacancy 3.30% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$836.6K
$732.0K – $976.0K (±1% cap)
NOI $58,559 @ 7.0% cap · market cap 3.45%
Second Best
no second resolved use
Theoretical Best
Office A
$1.80M
$1.58M – $2.10M (±1% cap)
NOI $126,028 @ 7.0% cap · market cap 7.42%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Law Firm Parking Lot & Garage Kitchen & Bath Showroom HVAC Service Plumbing Service

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

14
Residential units

Location Intelligence

Trade Area within ½ mile

745
Businesses Nearby

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
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Apartment building - Apartment building in R-3 zoning with 14 units across nine buildings, including eight cottage-style units and a rear six-unit building.
Where is this apartment building located?
The property is located at 476 -498 E H St Brawley, CA.
What is the asking price?
The asking price for this property is $1,699,000.
What are key features of this property?
This property features: 9 buildings total with eight cottage‑style units plus a rear six‑unit building; Unit mix: 12 one‑bedroom/one‑bath, 1 two‑bedroom/one‑bath, and 1 studio; Most units renovated in the past 1–2 years with upgrades including new fixtures, flooring, paint, and plumbing
More about this property
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