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Concrete-Block Apartment Building
For Sale
$525,000

942 - 948 E G St, Brawley, CA 92227

Residential Income, Brawley, CA

Property Size2,247 SF
Lot Size0.18 Acres
Price / SF$233.64
Days on Market138

Property Features for 942 - 948 E G St

General Information

Property type Residential Multi Family
Property subtype Other
Zoning R-3
Bedrooms 4
Bathrooms 5
Full bathrooms 5
Rooms Bathroom 2, Bedroom 4, Bathroom 3, Bathroom 5, Bathroom 1, Bedroom 3, Bedroom 1, Bathroom 4, Bedroom 2
Parking 5
Parking features Driveway, On Street
Directions From Dogwood turn right on Malan st, then left on Cesar Chavez, then finally left on G st. Units will be on your left hand side.
Subdivision 520
Standard status Active
APN 049-042-029-000
Size 2,247 SF
Lot size 0.18 Acres

Utilities

Cooling system Window Unit(s)

Building Details

Year built 1964
Floors in Building 1
Number of units 5
Flooring type Linoleum, Tile, Carpet
Roof type Shingle, Composition
Listing Agency: Victor D. Conner, Real Estate
Listed By: Victor D. Conner · License #02034884
Added: Jun 13 Changed: Oct 22 Last Checked: Oct 28 at 2:06AM
MLS# 26847317IC

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.

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Investment Insights

Based on property information with market context.

This 2,247-square-foot apartment property contains five units: four one-bedroom apartments and one studio. The improvements were built in 1964 with concrete block exterior walls, shingle and composition roofing, and a mix of tile, linoleum, and carpet flooring. Cooling is provided by window units.

The property occupies 0.176 acres and is zoned R-3. Parking options include a driveway and on-street spaces. The unit mix provides a defined combination of larger apartments and a studio within a compact multifamily layout.

Key Highlights

  • Five‑unit apartment property with four 1‑bedroom apartments and one studio
  • 2,247 square feet on 0.176 acres
  • Concrete block exterior walls; built in 1964

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,643
Cap Rate
3.55%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$372,860 $372.9K
Cap Rate 7%
$266,329 $266.3K
Cap Rate 9%
$207,144 $207.1K
Market Conditions
NOI Build-Up for 2,247 SF
Gross rent
$35.1K $15.60/SF
− Vacancy
−$1.2K −$0.51/SF
EGI
$33.9K $15.09/SF
− OpEx
−$15.3K −$6.79/SF
NOI
$18.6K $8.30/SF
Area
Imperial County, CA
Vacancy
3.30%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$372,860
Cap Rate 7%
$266,329
Cap Rate 9%
$207,144

Alternative Uses

Best Use
Apartment 5plus
$266.3K
$233.0K – $310.7K (±1% cap)
NOI $18,643 @ 7.0% cap · market cap 3.55%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$573.2K
$501.5K – $668.7K (±1% cap)
NOI $40,122 @ 7.0% cap · market cap 7.64%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

646
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
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

Frequently Asked Questions

What type of property is this?
Apartment building - Five-unit residential property with a mix of one-bedroom apartments and a studio, plus driveway and street parking.
Where is this apartment building located?
The property is located at 942 - 948 E G St Brawley, CA.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: Five‑unit apartment property with four 1‑bedroom apartments and one studio; 2,247 square feet on 0.176 acres; Concrete block exterior walls; built in 1964
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