922 E 3rd St, Calexico, CA 92231
Local realty services provided by:ERA The Real Estate Store
922 E 3rd St,Calexico, CA 92231
$269,000
- 5 Beds
- 1 Baths
- 976 sq. ft.
- Single family
- Pending
Listed by: carla ramos
Office: dma real estate
MLS#:26767421IC
Source:CA_ICAR
Price summary
- Price:$269,000
- Price per sq. ft.:$275.61
About this home
Don't miss this versatile, income-producing property with an R3 Lot, located in a desirable central Calexico neighborhood. The existing home features 5 bedrooms and is currently leased by the room, generating approximately $2,000/month in rental income in as-is condition. A new roof has just been installed, adding immediate value and reducing upfront maintenance costs. Zoned R-3, this lot offers exceptional development potential build apartments, condominiums, or a duplex, similar to neighboring properties. This property offers multiple strategies for investors:Keep the current home and collect cash flow while building in the back, Renovate the existing home to increase rental income, Build a duplex or additional unit(s) in the back or Build an 8Plex like the neighboors (buyer to verify). Explore higher-density potential, as nearby properties have been developed with up to 8 units. Situated on a large lot with alley access, the property provides flexibility for expansion and construction access. Conveniently located near schools, shopping, and downtown, it's well-positioned for long-term rental demand.A rare opportunity to invest, develop, and grow your portfolio in a high-potential area. Don't miss out on all this property has to offer....
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Home facts
- Year built:1920
- Listing ID #:26767421IC
- Added:56 day(s) ago
- Updated:May 13, 2026 at 07:23 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:1
- Full bathrooms:1
- Flooring:Carpet, Mixed, Vinyl
- Living area:976 sq. ft.
Heating and cooling
- Cooling:Window Unit(s)
Structure and exterior
- Roof:Asphalt Shingle
- Year built:1920
- Building area:976 sq. ft.
- Lot area:0.16 Acres
- Construction Materials:Wood
- Foundation Description:Raised Foundation
- Levels:1 Story
Utilities
- Sewer:City
Finances and disclosures
- Price:$269,000
- Price per sq. ft.:$275.61
Parking
- Total parking spaces:5
- Parking description:Driveway, On street, Parking Space, Uncovered
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