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101092 . 6 Home SFR Imperial County, CA Listing Details & Market Data

101092 . 6 Home SFR Imperial County, CA, Bermuda Dunes, CA 92203

  • For Sale $2,400,000
  • Property Type Multi-Family
  • Property Size 7,647 SF
  • Lot Size 1.65 Acre
  • Year Built 2015
  • Date Updated Jul 21, 2022
With a population of 17,454, Imperial is one of the most populated cities within Imperial county and is home to the annual California Mid-Winter Fair in February. Along with El Centro, many other cities surround Imperial such as Calexico, Brawley, Holtville, and Westmorland. Imperial County is also notable for its fast population growth over the last few years and its continuous efforts to support education and employment growth, allocating a budget of $1 million for the Public Library System in 2022, according to imperialcounty.org. Agriculture pumped $4.364 billion into the local economy in 2019 and supported more than 20,000 jobs, Agricultural Commissioner Carlos Ortiz announced in August of 2021. According to the United States Census Bureau, Imperial City's median income surpasses California State's median income by over 10%. In 2021, Imperial County approved a $220 million investment towards the water infrastructure to maximize the habitat outcomes of the Salton Sea and create new jobs that will affect not only Imperial but also all the cities around it. In conclusion, the opportunity to buy an investment portfolio in Imperial county is rare, and many players are hunting for a chance to include this city in their checklists. It is a wise decision for investors to consider this portfolio and not miss out on what many may call a golden opportunity.
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Location

  • Walk Score ® Car-Dependent (11)
  • Bike Score ® Somewhat Bikeable (33)
Powered by Walk Score ®
  • City Bermuda Dunes, CA
  • Neighborhood Bermuda Dunes
  • Zip Code 92203
  • Market Inland Empire

Points of Interest

Chevron

1.22 miles

76

1.26 miles

Mobil

1.30 miles

Costco Gasoline

2.71 miles

Circle K

2.74 miles

Shell

3.20 miles

Tesla Supercharger - Indio

4.27 miles

SunFuel CNG

4.89 miles

ARCO

6.35 miles

USA Gasoline

6.58 miles

Lot 15

5.57 miles

Lot 12 (Staff)

5.63 miles

Lot 4 (Staff)

5.72 miles

Lot 3 (Staff)

5.76 miles

Willis Palms Trailhead Parking

5.83 miles

Lot 28

5.85 miles

McCallum Theater Parking

5.90 miles

Indian Palms Trailhead Parking

6.48 miles

Coachella Valley Preserve VC Parking

6.69 miles

Eishenhower Medical Center

6.74 miles

Carl's Jr.

1.25 miles

Cork Tree

4.04 miles

Dunkin'

4.14 miles

Panda Express

4.23 miles

Jack in the Box

4.75 miles

Sullivan's Steak House

5.62 miles

Denny's

6.09 miles

Restaurante Guillermo's

6.19 miles

Palms Cafe

6.23 miles

McDonald's

6.30 miles

Summit High School

0.91 miles

Colonel Mitchell Paige Middle School

0.99 miles

Desert Ridge Academy Middle School

1.69 miles

James Madison Elementary School

2.85 miles

Indio High School

3.49 miles

University of California, Riverside - Palm Desert Campus

4.18 miles

Lincoln School

4.26 miles

College of the Desert - Indio Campus

4.32 miles

California State University, San Bernardino - Palm Desert Campus

4.37 miles

College of the Desert

5.63 miles

Child Development Center

5.65 miles

Early Childhood Education

5.69 miles

Contacts

broker

Michael Finch

SVN | SFRhub Advisors

(480) 797-9825

Highlights

  • 3.75% assumable financing available
  • Very limited CapEx with largely new construction or recently constructed homes
  • Bulk scale opportunity or selective purchase option on assumable loan packages
  • The builder can’t build fast enough to keep up with leasing demand
  • All fee simple single-family homes
  • Big revenue growth opportunity at new lease or unit turns
  • Average price per home of $360,000
  • 25% population growth in Imperial County in the last decade
  • Strong employment base between government, industrial, commercial & retail sectors fueling leasing activity
  • Bestplaces.org ranks El Centro #45 as the top emerging market in the country
  • Significant home price appreciation in last 12 months above 27%
  • Least expensive water & electricity in California
  • All SVN® Offices Independently Owned & Operated
  • Local Broker License Information: www.SFRhub.com/realstatelicensing

Contact Listing Broker

broker

Michael Finch

SVN | SFRhub Advisors

(480) 797-9825

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