175 S 5th, Blythe, CA 92225
175 S 5th, Blythe, CA 92225
175 S 5th, Blythe, CA 92225
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$790,000
Est. payment /mo
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10,454 Sqft Lot
Price Dropped by $9K

175 S 5th Blythe, CA 92225

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Rick Lee

Rick Lee

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Key Details

Property Type Single Family Home, Multi-Family

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW26014420

HOA Y/N No

Year Built 1977

Lot Size 10,454 Sqft

Property Sub-Type Mixed Use

Property Description

Approximately 8%+ in-place cap rate with additional upside through unit updates! Excellent opportunity to own a well-maintained, income-producing 7-plex in a desirable location close to shopping, dining, and everyday conveniences. This attractive multifamily property consists of seven spacious 2-bedroom, 1-bath units, each featuring separate electric and gas meters, central A/C and heat, and assigned parking spaces, with plentiful street parking available for guests. Three of the units are currently being updated, offering upside potential, while the remaining four units are move-in ready and occupied by great tenants. The property has been thoughtfully cared for and presents a low-maintenance investment with strong rental appeal. Whether you're expanding your portfolio or acquiring your first multifamily asset, this property offers immediate income with value-add potential in a solid rental market.

Location

State CA

County Riverside

Area 374 - Blythe

Interior

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Appliance Gas Oven, Water Heater

Laundry None

Exterior

Parking Features Assigned, Uncovered

Pool None

Community Features Sidewalks

Private Pool No

Building

Lot Description 6-10 Units/Acre

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 848082022

Acceptable Financing Cash, Cash to New Loan, Conventional, Submit

Listing Terms Cash, Cash to New Loan, Conventional, Submit

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Isela Vargas Realty One Group West 714-851-8539, DRE #02013343
NEARBY SCHOOL & BUSINESS
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