$585,000
About this home
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.
Facts & features
- Bathrooms
- 0
- Appliances
- Water Heater
- Flooring
- Tile
- Heating
- Zoned
- Cooling
- Zoned
- Levels
- One
- Lot size
- 0.307 acres (13,364 sq ft)
- View
- Desert, Hills, Mountains, Panoramic
- Year built
- 1975
- Parking
- On Street
- Parking spaces
- 16
- Area
- 381 - Salton Sea - Imperial County
- County
- Imperial
- Status
- Active
- Property type
- Residential Income
- Days on market
- 0
- Listed
- 2026-01-28
- Terms
- Cash, Conventional, Exchange 1031, FHA
- Parcel #
- 010 472 018 000
- MLS #
- 219142327DA