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155 G StBrawley, CA 92227

21-Unit Apartment Complex, High Income

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional multifamily investment opportunity in Brawley, CA, presents a 21-unit apartment building complex ideally situated on a 23,034 square foot lot. The property consists of four buildings, each two stories high, totaling 7,920 net rentable square feet. The complex boasts 21 dedicated parking spaces, a significant advantage in the local market. Unit mix includes a combination of one and two-bedroom apartments, currently enjoying 100% occupancy. The property is zoned for multifamily use and benefits from recent upgrades to key infrastructure. Located at 155 G St, Brawley, CA 92227, this property offers convenient access to schools, shopping, restaurants, and major transportation routes. The strong rental market in Brawley contributes to a substantial annual income of approximately $237,000, offset by yearly operating expenses of around $35,000. This property is offered as a 1031 exchange opportunity, making it an attractive option for investors seeking tax advantages. The property's strong cash flow, high occupancy rate, and prime location make it an ideal addition to any investment portfolio. This is a rare opportunity to acquire a well-maintained, high-performing multifamily property in a thriving California market. The APN is 048-052-022-000.

Highlights

  • 21-unit multifamily property in Brawley, CA on a 23,034 sq ft lot.
  • 7,920 net rentable square feet across four two-story buildings.
  • 21 dedicated parking spaces and 100% occupancy.
  • Unit mix: 16 two-bedroom and 5 one-bedroom apartments.
  • $237,000 annual income and $35,000 annual operating expenses.

Property Details for 155 G St

Property type
Apartment buildings
Square Feet
7,920 SF
Class
C
Buildings
4
Stories
2
Units
21

Location Insight

City
Brawley
County
Imperial
State
California
Latitude
32.9778464
Longitude
-115.5399587
155 G St, Brawley, California

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155 G St
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