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 Units 3. 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.
Fantastic Income Producing Quadruplex Property with exceptional room to raise Rents! All 4-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!
Fantastic Income Producing Quadruplex Property with exceptional room to raise Rents! All 4-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 316 S. Spring St. Today and continue to build your portfolio with this solid asset!
The seller may also consider carrying a portion of the purchase price for qualified buyers. Additionally, the seller may be willing to complete the remaining construction under a separate agreement, providing flexibility for investors seeking a more streamlined path to project completion. 545 E Hobsonway presents the opportunity to acquire a 47-unit hotel-to-multifamily last-phase conversion project located in Blythe, California. Originally constructed as a 60-key hospitality asset, the property is being repositioned into 47 residential units totaling approximately 33,404 square feet and is currently 100% vacant, providing a new owner with the ability to complete construction and implement a full lease-up strategy. Substantial progress has already been made toward the conversion, including significant electrical, plumbing, HVAC, and interior improvements. The sale also includes approximately $250,000 of construction materials already purchased and on site, allowing an investor to step into a project where a meaningful portion of both the construction work and remaining materials have already been secured. Situated along Hobsonway, Blythe's primary commercial corridor, the property benefits from strong visibility, proximity to retail and services, and convenient access to Interstate 10, connecting the market to Southern California, Phoenix, and the Coachella Valley. The property has been recently repriced, creating an opportunity to acquire a partially completed multifamily project at a basis well below replacement cost, with meaningful upside through completion and stabilization in a market supported by consistent demand for workforce and affordable housing.
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.
