730 W Olive, El Centro, CA 92243
Property
Sold May 2026
Listing Agent: Bret Lewis (DRE #01872524) · Listing Office: Bret Lewis, Broker · Contact: 480-225-6616 · Bought with: Bret Lewis · Bret Lewis, Broker · MLS #PW26048569 · Source: CRMLS
How this sale compares
730 W Olive sold for $1,375,000 in May 2026, 8.3% under its $1,499,000 list price, after 47 days on the market. Across 9 closed sales in 92243 over the last 12 months, the median sold price is $380,000 and the median is $227 per square foot.
| Quarter | Closed sales in 92243 | Median sold price |
|---|---|---|
| Q1 2026 | 1 | $395,000 |
| Q2 2026 | 7 | $380,000 |
| Q4 2026 | 1 | $20,000 |
Figures are MLS-reported closed sales (CRMLS); ZIP medians cover the last 12 months. Nalren does not estimate values. Recently sold in El Centro · Homes for sale in 92243
Description
Extensively upgraded and remodeled 12-unit apartment building offering investors a rare opportunity to acquire a high cash-flow potential asset with minimal deferred maintenance. The property has undergone significant improvements including a new roof, new windows, upgraded plumbing and electrical systems, and refreshed exterior, creating an attractive and low-maintenance investment. Each unit features two mini-split HVAC systems for efficient heating and cooling, new flooring throughout, all new kitchen cabinets with new appliances, new bathroom vanities, and newly tiled bathrooms. The property also includes new safety handrails on the balconies, further enhancing safety and curb appeal. The building consists of 10 one-bedroom units and 2 studio units. Projected rents are approximately $1,250 per month for the one-bedroom units and $950 per month for the studios, offering investors strong income potential once leased. With extensive capital improvements completed, this property presents an opportunity to acquire a modernized, income-producing asset positioned for strong cash flow in the El Centro rental market.
Listing description from the May 2026 sale, as reported to CRMLS.
Sale history
Recent sales near 730 W Olive
727 El Centro Avenue: Sold $330,000 · 2 bd · 1 ba · 934 sqft · May 2026 · 0.4 mi
Trillion Real Estate | DRE #02198564
Buyer's agent: Carlos Figueroa, BLVDS Realty | DRE #01961015443 W Hamilton Avenue: Sold $275,000 · 3 bd · 2 ba · 896 sqft · Jun 2026 · 0.5 mi
Coldwell Banker West | DRE #02216987
Buyer's agent: OUT OF AREA, OUT OF AREA | DRE #01204 Wensley Avenue: Sold $395,000 · 3 bd · 2 ba · 1,372 sqft · Jan 2026 · 0.6 mi
LISTLEAN | DRE #02050423
Buyer's agent: Marissa Perez, House & Commerce Real Estate | DRE #018149641005 South 3rd Street: Sold $20,000 · 3 bd · 2 ba · 1,308 sqft · Oct 2026 · 0.7 mi
Eagle One Real Estate | DRE #02158355
Buyer's agent: General NONMEMBER, NONMEMBER MRML465 Driftwood Drive: Sold $365,000 · 3 bd · 2 ba · 1,457 sqft · May 2026 · 1.1 mi
GOLDEN EAGLE PROPERTIES | DRE #01733868
Buyer's agent: Brianda Cardenas Huizar, NONMEMBER MRML | DRE #022460492402 S. 11th: Sold $380,000 · 4 bd · 3 ba · 2,588 sqft · May 2026 · 1.4 mi
eXp Realty of California, Inc. | DRE #01861896
Buyer's agent: Myrna Najera, eXp Realty of California, Inc. | DRE #01861896250 S Santa Rosa Ave: Sold $475,000 · 4 bd · 2 ba · 2,334 sqft · Jun 2026 · 1.9 mi
Keller Williams La Jolla | DRE #01423505
Buyer's agent: Non Non-Member, Default Office226 Quail Run Dr: Sold $549,000 · 4 bd · 3 ba · 2,918 sqft · Jun 2026 · 2.3 mi
Jose Valle, Broker | DRE #01776248
Buyer's agent: Outside Agent, Multi-Regional MLS
Closed sales reported in 92243, nearest first, last 12 months. All recent sales in El Centro →