Description
Fully Remodeled 4-Plex | Two Buildings | Value-Add OpportunityAn exceptional opportunity to acquire a fully renovated fourplex with built-in upside at 2542 Sea View Drive, Thermal. This property consists of two separate buildings with two units each, offering a versatile multifamily layout and strong income potential. Unit Mix: Two 2-bedroom / 1-bath units and two 1-bedroom / 1-bath units Building One: 1,176 sq ft Building Two: 1,488 sq ft Total Units: 4A complete and extensive remodel was completed in 2022, including new windows, new plumbing, a new roof, new electrical work, new flooring throughout, and fresh interior paint. Each unit includes its own washer and dryer, enhancing day-to-day functionality.Currently, two units are occupied and two units are vacant, allowing a new owner to immediately set market rents and implement a value-add strategy. The existing vacancy creates flexibility for repositioning and income optimization from day one.The two-building configuration provides a distinctive multifamily setup that stands apart from traditional fourplexes and supports efficient ownership.With major capital improvements already completed and clear paths to increased revenue, this fourplex offers a compelling blend of current income and future growth.Property is being sold as is.
Details
| MLS # | 219142327DA |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1975 |
| Days On Site | 212 |
| Listing Provided By | Desert Sands Realty | Robbin Ruiz |
Features
| Car Port | Yes |
|---|---|
| Story(s) | 1 |
| Units | 4 |
| Building(s) | 2 |
| Acreage | 0.31 |
| Property View | Yes |
Interior
| Cooling | Zoned |
|---|---|
| Heating | Zoned |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Appliances | Water Heater |
| Fireplace Yes / No | No |
Parking
| Parking Features | On Street |
|---|---|
| Garage Yes / No | No |
Area Information
| State | CA |
|---|---|
| County | Imperial |
| City | Thermal |
| Zip Code | 92274 |
| Area | 381 Salton Sea Imperial County |
| Community Name | Not Applicable 1 |
| Listing VS Median (in Not Applicable 1) | |
Price: $585,000 low | high Med: $389,900 On site: 212 low | high Med: 34.5 | |
Market Activity 92274
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Learn More About This Property
| State | CA |
|---|---|
| County | Imperial |
| City | Thermal |
| Zip Code | 92274 |
| Area | 381 Salton Sea Imperial County |
| Community Name | Not Applicable 1 |
| Listing VS Median (in Not Applicable 1) | |
Price: $585,000 low | high Med: $389,900 On site: 212 low | high Med: 34.5 | |
