You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Specialty properties

796 Evan Hewes Hwy El Centro, CA 92243

3.92 ac lot
Entity Owned 1-yr Hold ~ Est. High Equity
Property ID
US09-8671325
Property summary
AI-generated overview

This exceptional turnkey business opportunity presents the Old Eucalyptus Schoolhouse, a renowned banquet facility in El Centro, CA. Located at 796 W Evan Hewes Hwy, 92243, this 13,160 square foot property sits on a 170,755 square foot lot (APN: 064-460-011-000). Built in 1907, this single-story building boasts a rich history, having operated successfully as both The Desert Rose Saloon and the current Old Eucalyptus Schoolhouse. The property includes indoor seating for up to 500 guests, with place settings for 700, a fully equipped kitchen and bar, and a manager's apartment. Recent upgrades include a Title 22 compliant water system, fresh interior paint, new carpeting, multiple AC units, and extensive interior and exterior maintenance. All fixtures, equipment, the business name, a Type 47 ABC license, a high-quality sound system, and laser lighting are included in the sale. The business currently caters to a wide range of events, including weddings, quinceañeras, and corporate functions, with bookings returning to pre-pandemic levels and showing consistent monthly growth. The asking price is $1,995,000 ($151.60/sq ft). This is a rare opportunity to acquire an established, profitable business with significant growth potential in the Imperial Valley.

Property profile
Verified
Property type Specialty properties
Use group CHARITABLE ORGANIZATION
Lot 3.92 ac (170,755 SF)
APN 064-460-011-000
UPID US09-8671325
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Old Eucalyptus Schoolhouse Wedding Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Gavinzoe INC · 1 yrs held
Gavinzoe INC
since 2025
7 recorded transactions
2025
$1.6M
2006
Price N/A
1996
$140,000
1995
$135,000
1995
Price N/A
1994
$140,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 796 Evan Hewes Hwy?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message