Seller will carry and property may be eligible for 100% Bonus depreciation, contact listing agent for more information. For Sale is 545 E Hobson Way a rare opportunity to acquire a 100% vacant turnkey multifamily conversion located in the heart of Blythe, California. Originally constructed as a 60-key hotel, the property has been repositioned into 47 apartment units (C of O pending), offering a unique blend of modernized living spaces and value-add potential. Situated along Hobson Way, the city's primary commercial corridor, the property benefits from excellent visibility, convenient access to Interstate10, and proximity to retail, employment centers, and lifestyle amenities. Blythe's strategic position between Los Angeles, Phoenix, and the Coachella Valley makes it an attractive hub for renters seeking affordability in Southern California. With increasing barriers to new construction and the growing need for affordable housing across the Inland Empire and outlying markets, 545 E Hobson Way is positioned as a recession-resilientasset. The property provides investors with multiple paths for growth and an excellent hedge against inflation.
Great bungalow style property that’s been recently updated. This is a hard-to-find functional commercial space with a variety of potential uses. New upgraded vinyl fence and several covered parking spaces make this a very secure and comfortable space. Buyer to research and verify all allowable uses and zoning with local municipality.
1 Large One Bedroom/One-Bath Unit - Remodeled by prior owner within the last 10 years. 1 One-Bedroom/One-Bath Unit - Fully remodeled in 2022 including plumbing electrical, roof, stucco, insulation and central air.
4-Plex For sale with strong rents. All units have been updated with new mini split units in the bedrooms and the living rooms. All reroofed at the end of 2024. 4 One-Bedroom/One-Bath Units - 2 units completely replumbed, one of which was fully remodeled, one unit with just a fully remodeled bathroom. The other 2 units remodeled by prior owners within the last 5 years. Rental Status: Includes 1 furnished unit leased as medium-term rental, appealing to transient professionals and travelers.
Duplex Unit Mix: 1 Large One Bedroom/One-Bath Unit - Remodeled by prior owner within the last 10 years. 1 One-Bedroom/One-Bath Unit - Fully remodeled in 2022 including plumbing electrical, roof, stucco, insulation and central air.
Welcome to a lucrative investment opportunity in the heart of Blythe, California! This income-generating property sits on a spacious 1.6-acre lot and offers a diverse mix of units. Solar panels & RV hookups are located on the land which not only gives savings but possibilities of further creative income. Located a few miles from town & the Colorado River.Unit Breakdown:1. Main House: A comfortable residence that can serve as owners quarters or as a higher-rent unit.2. Six Studio Units3. Four Additional Units: These range from one to two bedrooms.4. Mobile Home: There is a 2 bedroom mobile home that generates additional income, though not included in the main inventory.
Welcome to this solid duplex with each unit consisting of 2 bedrooms and 1 bathroom property that's ready to work for you. This well-built gem sits in the heart of Blythe, offering excellent potential for rental income that could make your investment portfolio smile. The construction quality shines through in every corner, featuring durable materials and thoughtful design that stands the test of time. The well maintained landscaping provides amble space for outdoor living and entertaining. Location-wise, you've hit the jackpot. Located conveniently near the Joe Wine Recreation Department for physical activity and community fun, Grocery Outlet for budget-friendly shopping, and even a Starbucks when you need that caffeine fix. Halby's clothing store and Blythe Mart Pharmacy round out the neighborhood conveniences, making daily errands convenient. The rental income potential here is genuinely exciting. Multi-family properties in this area are in demand, and with the solid construction and prime location, you're looking at steady cash flow opportunities. Whether you're a seasoned investor or just starting your real estate journey, this property offers the kind of reliable foundation that makes ownership rewarding. The combination of quality construction, practical layout, and unbeatable location creates an investment opportunity that's both sensible and profitable. Don't let this one slip away. Units are tenant occupied, please do not disturb. All tours require a 24 hours notice. **Buyer to verify all information during escrow process**
Fantastic Income Producing Multi-Family Property with exceptional room to raise Rents! All 8-Units are Fully Occupied with each Occupant having a Month-to-Month Tenancy. With Market Rents continuously increasing at a steady pace, raising value and producing a steady stream of high rental income should come at ease for any investor. Acquire S. Spring St. Today and continue to build your portfolio with this solid asset!
Attention investors! Welcome to this lucrative multi-family income producing property in Blythe, CA! This hidden gem is located in a quiet area on the outskirts of town, but still within very close proximity to all the necessities. The 4-plex is situated on .24 acres and consists of 2 separate duplexes, each with a 1 bedroom/1 bathroom unit in front and a 2 bedroom/1 bathroom unit in back. The 2 bedroom units each come with refrigerator, stove, microwave, washer, dryer, and water softener. The 1 bedroom units are undergoing interior renovation that needs to be completed. Both 2-bedroom units are tenant occupied. All units have brand new roofs and have been freshly painted outside. There are 2 separate septic systems, one for each duplex, and a nearly new well. The property also contains a separate 0.78 acre parcel of agriculture land, with water rights, currently planted and farmed. You must see it to fully appreciate all it has to offer. Don't miss out on this opportunity to begin or expand your real estate investment portfolio!
Blythe is located in California. Blythe, California has a population of 18,125. Blythe is less family-centric than the surrounding county with 22.18% of the households containing married families with children. The county average for households married with children is 35.14%.
The median household income in Blythe, California is $49,235. The median household income for the surrounding county is $76,066 compared to the national median of $69,021. The median age of people living in Blythe is 35.8 years.
The average high temperature in July is 108.3 degrees, with an average low temperature in January of 41.9 degrees. The average rainfall is approximately 4 inches per year, with 0 inches of snow per year.
