121 Danenberg Dr, El Centro, CA 92243
IMPERIAL County
Key Facts
Description
Accessibility is a key feature, as the property is conveniently located just about one quarter mile south of Interstate 8 ensuring visibility and ease of access for residents. This excellent location in the City of El Centro is ideal for a multi-family development. Build up to 95 units on this 8-acre site, which is situated between two major arteries, Dogwood Road at the east end of Danenberg Rd where big box stores and the 900,000+sf Imperial Valley Mall are located. At the west end of Danenberg Rd is 4th Street aka Hwy 86 where you will find In-N-Out & 7-11 including Starbucks, IHOP, Habit Burger, Panera Bread, the Home Depot, AutoZone, IHOP, and hotels. Plus, there's numerous County offices including Imperial County social services , Health Department and others. Access to Interstate 8 is within about quarter of a mile. This is a rare opportunity to find a property of this size with Zoning in place for a multi-family development and in an area of strong demand for rental housing. As a testament to the area's growth and potential, a new, state-of-the-art California Highway Patrol 30,000sf building is in the final stages of completion on 7+ acres. This area is undergoing a transformative phase with a new courthouse as part of the local landscape signaling the ongoing investment and commitment to the region's infrastructure.
Property Information
Property Type
Land
Lot Size
8.00 acres
Days on Market
375
MLS® Listing#
24443343IC
Property Features
Financial Details
Parcel Number
054-360-038-000
Directions
From I-8 exit 4th St (aka Hwy 86) south, about 1/4 mile to Danenberg Rd, left (east) on Danenberg Rd to site.
Affordability Calculator
$487,872
Estimated monthly payment
$12,983/mo
Principal $1,951,488 · Est. interest $2,722,499 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in El Centro, CA
- $834,711
- Median Listing Price
- 44
- Median Days on Market
- 1,876
- Median Sq Ft
- $458
- Median Price / Sq Ft
- 812
- Active Listings
- This home’s price is 192% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in El Centro, CA.
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 137 Arena Street, El Segundo, CA | $1,725,000 | — | — | 1,840 |
| 137 Arena Street, El Segundo, CA | $1,725,000 | 3 | 3 | 1,840 |
| 3425 Carlson Blvd, El Cerrito, CA | $1,728,000 | 5 | — | 3,504 |
| 3425 Carlson Blvd, El Cerrito, CA | $1,728,000 | — | — | — |
| 4044 Albert Circle, El Dorado Hills, CA | $1,740,000 | 6 | 6 | 5,100 |
| 2070 Driftwood Circle, El Dorado Hills, CA | $1,749,000 | 4 | 4 | 3,513 |
Moving Cost Estimate
Listing Courtesy: Pat Seay Real Estate - 7603530849
Presented by: Patricia Seay