Duplex with Two 2-Bed
For Sale
$355,000
Vine St, El Centro, CA 92243
MULTI_FAMILY - El Centro, CA
Property Size1,450 SF
Lot Size0.13 Acres
Price / SF$244.83
Days on Market49
Property Features for Vine St
General Information
Property type
Residential Multi Family
Property subtype
Other
Zoning
R2
Bedrooms
4
Bathrooms
2
Full bathrooms
2
Rooms
Bedroom 2, Bedroom 4, Bathroom 1, Bathroom 2, Bedroom 1, Bedroom 3
Parking
2
Directions
Use GPS.
Subdivision
550
Standard status
Active
APN
053-394-019-000
Size
1,450 SF
Lot size
0.13 Acres
Building Details
Year built
1982
Floors in Building
1
Number of units
2
Flooring type
Carpet, Tile
Roof type
Asphalt
Listing Agency:
eXp Realty of California Inc
(888) 584-9427
Listed By:
Harley Robbins · License #01990185
(888) 584-9427
Added: Jul 4
Changed: Aug 3
Last Checked: Aug 21 at 11:06AM
MLS# 26855609IC
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 offers two separate residential units configured as two 2-bedroom, 1-bath homes. It provides an investor-friendly setup to lease one unit or both units, or occupy one unit while renting the other.
The property sits on a 0.125-acre lot and includes 1,450 square feet. Built in 1982, the duplex has an asphalt roof and interior finishes listed as tile and carpet. Zoning is R2.
The layout includes multiple bedrooms and bathrooms across the two units, supported by the listed interior room configuration (Bedroom 1 and Bedroom 2, plus additional bedroom and bathroom entries).
The property sits on a 0.125-acre lot and includes 1,450 square feet. Built in 1982, the duplex has an asphalt roof and interior finishes listed as tile and carpet. Zoning is R2.
The layout includes multiple bedrooms and bathrooms across the two units, supported by the listed interior room configuration (Bedroom 1 and Bedroom 2, plus additional bedroom and bathroom entries).
Key Highlights
- Two 2‑bedroom, 1‑bath units in a duplex configuration
- 1,450 SF duplex on a 0.125‑acre lot
- Zoned R2
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
$12,979
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
3.66%
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%
$259,580
$259.6K
Cap Rate 7%
$185,414
$185.4K
Cap Rate 9%
$144,211
$144.2K
Market Conditions
NOI Build-Up for 1,450 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
$19.1K $13.20/SF
− Vacancy
−$599 −$0.41/SF
EGI
$18.5K $12.79/SF
− OpEx
−$5.6K −$3.84/SF
NOI
$13.0K $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 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%
$259,580
Cap Rate 7%
$185,414
Cap Rate 9%
$144,211
Alternative Uses
Best Use
Multifamily LT 5
$185.4K
$162.2K – $216.3K
NOI $12,979 @ 7.0% cap · market cap 3.66%
Second Best
Apartment 5plus
$171.9K
$150.4K – $200.5K
NOI $12,030 @ 7.0% cap · market cap 3.39%
Theoretical Best
Office A
$369.9K
$323.6K – $431.5K
NOI $25,891 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,194
Businesses Nearby
Explore this area
Business Placement
Demographics for 92243, CA
49,149
Population
15,908
Households
3.1
Avg Household Size
36
Median Age
16%
College-Educated
74%
High-School Grad
113.3 sq mi
ZIP Area
434
Density / Sq Mi
$55,890
Median Household Income
$31,170
Median Earnings
$992
Median Rent
$286,100
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?
Duplex - Duplex on R2-zoned lot features two 2-bedroom, 1-bath units within 1,450 SF.
Where is this duplex located?
The property is located at Vine St El Centro, CA.
What is the asking price?
The asking price for this property is $355,000.
What are key features of this property?
This property features: Two 2‑bedroom, 1‑bath units in a duplex configuration; 1,450 SF duplex on a 0.125‑acre lot; Zoned R2
