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Listed by Isela Vargas • Realty One Group West
$ 790,000
Est. payment /mo
Price Dropped by $9K
175 South 5th Blythe, CA 92225
3,360 SqFt
UPDATED:
Key Details
Property Type Single Family Home
Sub Type Commercial/Residential
Listing Status Active
Purchase Type For Sale
Square Footage 3,360 sqft
Price per Sqft $235
MLS Listing ID PW-26014420
Year Built 1977
Lot Size 10,454 Sqft
Property Sub-Type Commercial/Residential
Source California Regional Multiple Listing Service (CRMLS)
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
Fireplaces Type None
Laundry None
Exterior
Parking Features Uncovered, Assigned
Pool None
Community Features Sidewalks
Building
Lot Description 6-10 Units/Acre
Sewer Public Sewer
Nearby Locations