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Duplex with Detached Casita
For Sale
$407,000

510 E 3rd St, Calexico, CA 92231

Residential Income, Calexico, CA

Property Size1,899 SF
Lot Size0.16 Acres
Price / SF$214.32
Days on Market112

Property Features for 510 E 3rd St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning SFR
Bedrooms 4
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 1, Bedroom 2, Bathroom 2, Bathroom 1, Bedroom 4
Directions East on 3rd
Subdivision 530
Standard status Active
APN 058-531-017-000
Size 1,899 SF
Lot size 0.16 Acres

Utilities

Heating system Central
Cooling system Central Air

Building Details

Year built 1973
Floors in Building 2
Number of units 2
Flooring type Tile - Ceramic
Roof type Shingle, Composition
Listing Agency: American Group Realtors
Listed By: Manuel Hernandez · License #01527088
Added: Jun 17 Changed: Oct 2 Last Checked: Oct 6 at 10:06PM
MLS# 26848849IC

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 duplex property includes a 1,899-square-foot main residence with three bedrooms and a detached rear casita offering one bedroom and a kitchen. Two bathrooms serve the property, which was built in 1973 and features ceramic tile flooring, central heating, central air, and a shingle and composition roof.

The 0.16-acre property is located in Calexico, California, with alley access to the rear unit. The existing layout provides a separate secondary living space alongside the main home, with additional parking identified in the property details.

Key Highlights

  • 1,899‑square‑foot duplex property on a 0.16‑acre lot
  • Three‑bedroom main residence with two bathrooms
  • Detached rear casita includes one bedroom and a kitchen

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$16,998
Cap Rate
4.18%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$339,960 $340.0K
Cap Rate 7%
$242,829 $242.8K
Cap Rate 9%
$188,867 $188.9K
Market Conditions
NOI Build-Up for 1,899 SF
Gross rent
$25.1K $13.20/SF
− Vacancy
−$785 −$0.41/SF
EGI
$24.3K $12.79/SF
− OpEx
−$7.3K −$3.84/SF
NOI
$17.0K $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%
$339,960
Cap Rate 7%
$242,829
Cap Rate 9%
$188,867

Alternative Uses

Best Use
Multifamily LT 5
$242.8K
$212.5K – $283.3K (±1% cap)
NOI $16,998 @ 7.0% cap · market cap 4.18%
Second Best
Apartment 5plus
$225.1K
$197.0K – $262.6K (±1% cap)
NOI $15,756 @ 7.0% cap · market cap 3.87%
Theoretical Best
Office A
$484.4K
$423.9K – $565.2K (±1% cap)
NOI $33,909 @ 7.0% cap · market cap 8.33%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Dental Office Spa & Massage Center Nail Salon Skin Care Clinic Electrical 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

2
Residential units

Location Intelligence

Trade Area within ½ mile

858
Businesses Nearby

Demographics for 92231, CA

39,542
Population
11,799
Households
3.4
Avg Household Size
36
Median Age
21%
College-Educated
65%
High-School Grad
68.6 sq mi
ZIP Area
576
Density / Sq Mi
$50,114
Median Household Income
$26,738
Median Earnings
$1,049
Median Rent
$281,600
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?
Duplex - Three-bedroom main residence pairs with a rear one-bedroom unit featuring its own kitchen and separate alley access.
Where is this duplex located?
The property is located at 510 E 3rd St Calexico, CA.
What is the asking price?
The asking price for this property is $407,000.
What are key features of this property?
This property features: 1,899‑square‑foot duplex property on a 0.16‑acre lot; Three‑bedroom main residence with two bathrooms; Detached rear casita includes one bedroom and a kitchen
More about this property
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