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505 Giles Ave, Calexico, CA 92231

Property

505 Giles Ave, Calexico, CA 92231 Sold February 2025 CRMLS
$582,000Sold February 2025

Listing Agent: Manny Hernandez (DRE #01253348) · Listing Office: American Group · Contact: 760-768-8808 · Bought with: Manny Hernandez · American Group · MLS #240028956SD · Source: CRMLS

0
Bathrooms
1975
Year Built
Property
Type
2
Stories
CentralAir
Cooling

About this property

4 Townhomes for sale in one building, they are well designed. Kitchen, living room and full bathroom downstairs, bedrooms and additional bathrooms are upstairs. 8 parking spaces for your tenants. Great location. Solid investment, good income and cash flow. Annual Cashflow $47,600 per year, A healthy Cap Rate of 8.21. especially in such a desirable location with stable demand. The cash flow is positive and substantial, making this property potentially a solid investment. The gross rent multiplier is 10.51

Listing description from the February 2025 sale, as reported to CRMLS.

Sale history

$582,000
Sold February 2025 · listed $580,000, on market December 2024 · MLS #240028956SD · Source: CRMLS
Listing Agent: Manny Hernandez · Listing Office: American Group · Contact: 760-768-8808 · Bought with: Manny Hernandez · American Group
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