Thermal, CA 92274,2542 Sea View DR
Thermal, CA 92274,2542 Sea View DR
Thermal, CA 92274,2542 Sea View DR
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Terrance Scotton

Terrance Scotton

+1(626) 788-9299
$585,000
Est. payment /mo
0.31 Acres Lot
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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

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CRMLS – RECore
Listed by Robbin Ruiz Desert Sands Realty

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Terrance Scotton

Terrance Scotton

+1(626) 788-9299

Real Estate Broker and Mortgage Broker | License ID: 01707848 NMLS: 908256

Real Estate Broker and Mortgage Broker License ID: 01707848 NMLS: 908256

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