Listed by GreenTerra Realty
$425,000
Est. payment /mo
6,104 SqFt
New
2294 W Vaughn Rd El Centro, CA 92243
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Key Details
Property Type Multi-Family
Sub Type 1 to 4 Units
Listing Status Active
Purchase Type For Sale
Square Footage 6,104 sqft
Price per Sqft $69
MLS Listing ID 26953445IC
Year Built 1950
Lot Size 49299.441 Acres
Property Sub-Type 1 to 4 Units
Property Description
Positioned near Interstate 8 with direct access to the San Diego logistics corridor, this secluded 5-acre property offers exceptional upside for investors, developers, or owner-users. Formerly a rural school facility, the site features 4 existing residential structures ripe for value-add renovation or adaptive reuse. Investment Highlights: [A] Unlimited Residential Canal Water: $125 per quarter (3 months). [B] Flexible Development Potential: Expansive 5-acre footprint ideal for multifamily expansion, agricultural processing, or light-industrial enterprise. [C] Permitted & Conditional Uses: Suitable for industrial hemp (cultivation & light processing), agricultural storage/packing, poultry farming, renewable energy projects, and specialized water/wastewater utility developments (subject to CUP). [D] Strategic Location: Easy I-8 freeway access provides a seamless commute and transit links to the greater San Diego and Imperial Valley metropolitan markets.[E] Attractive Seller Financing: Seller May Carry with 25% down (on a First-Come, First-Served basis). An ideal asset for income-producing portfolio diversification, commercial ag-tech operations, or strategic land-banking.
Location
State CA
County Imperial
Area 550
Zoning A2
Interior
Heating None
Cooling None
Flooring Carpet, Mixed
Equipment None
Laundry Laundry Area
Exterior
Parking Features Above Street Level
Roof Type Asbestos Shingle
Building
Story 4
Sewer Septic
Others
Acceptable Financing Cash, Cash To New Loan, Owner May Carry, Owner Will Carry
Listing Terms Cash, Cash To New Loan, Owner May Carry, Owner Will Carry
Special Listing Condition Standard
Nearby Locations
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