About This Home
This 4-bedroom, 4-bathroom residential multi family at 2294 W Vaughn Rd in El Centro, CA is listed for $450,000 ($73 per sqft). Built in 1950, the home offers 6,176 sqft of living space on a 5.65 acres lot.
Key Features
- Built in 1950
- 5.65 acre lot
- 30 parking spaces
Property Details
*Positioned near Interstate 8 with direct access to the San Diego logistics corridor, this secluded 5-acre property offers exceptional upside for investors, developers, greenhouses, 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] Potential for greenhouses to support global food security, climate resilience, and economic sustainability. [C] Flexible Development Potential: Expansive 5-acre footprint ideal for multifamily expansion, agricultural processing, or light-industrial enterprise.
[D] 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). [E] Strategic Location: Easy I-8 freeway access provides a seamless commute and transit links to the greater San Diego and Imperial Valley metropolitan markets.
[F] 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.
Monthly Cost Estimate
$2,407/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2294 W Vaughn Rd
El Centro, CA 92243
Property Details
Flooring
Heating
Cooling
Questions & Answers
This 4-bedroom, 4-bathroom residential multi family at 2294 W Vaughn Rd is listed at $450,000 ($73/sqft). The estimated monthly payment is $2,406 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1950, 5.65 acre lot, 30 parking spaces.
This property is listed by Lyudmila Garcia and can be reached at 7604279798.