See all 8 photos
$585,000
Est. payment /mo
0.31 Acres Lot
New
2542 Sea View DR Thermal, CA 92274
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Key Details
Property Type Single Family Home
Listing Status Active
Purchase Type For Sale
Subdivision Not Applicable-1
MLS Listing ID 219142327DA
HOA Y/N No
Year Built 1975
Lot Size 0.307 Acres
Property 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.
Location
State CA
County Imperial
Area 381 - Salton Sea - Imperial County
Interior
Heating Zoned
Cooling Zoned
Flooring Tile
Fireplace No
Appliance Water Heater
Exterior
Parking Features On Street
Carport Spaces 4
View Y/N Yes
View Desert, Hills, Mountain(s), Panoramic
Total Parking Spaces 16
Private Pool No
Building
Story 1
Entry Level One
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 010 472 018 000
Acceptable Financing Cash, Conventional, 1031 Exchange, FHA
Listing Terms Cash, Conventional, 1031 Exchange, FHA
Special Listing Condition Standard

Listed by Robbin Ruiz Desert Sands Realty
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