• 535 W Barnard Street Blythe, CA 92225

  • $2,500,000
  • 0
    Bed(s)
  • 0
    Baths
  • 14,525
    Sq Ft
  • 45738
    Sqft
  • Listed By: Jerrad Schendel, Coldwell Banker Commercial Rea, DRE #01971338
  • Source: CRMLS

7.4% Cap Rate on actuals. Properties this size in this market are rarely ever available, this is an opportunity to add to your portfolio in an area where properties rarely become available. This 32 unit consists of 12 2 bedroom units, 17 1 bedroom units and 3 studios generating $24,333 a month in gross income. Rare numbers for a property this size in Riverside County.

Property Type :

Residential Income

Subdivision :

Fallbrook

County :

Riverside

Style :

Residential Income

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Property Details

 

Water/Sewer

Water Source : See Remarks

Sewer : Unknown

Building Information

Year Built: 1962

Building Area Total: 14,525

Pool Features

Community

Laundry Features

See Remarks

Lot Details

Lot Dimensions Source: Vendor Enhanced

Lot Size Acres: 1.05

Lot Size Source: Assessor

Lot Size Square Feet: 45738

Listing Price Information

Original List Price: 2,500,000

Listing Contract Date: 2023-07-25

Lease Information

Listing Agreement: Exclusive Right To Sell

Tax Information

Parcel Number: 845030005

Garage and Parking

Garage Description: Assigned

Homeowners Association

Rental Info

Lease Term: Negotiable

Other Property Info

Source Listing Status: Active Under Contract

Source Neighborhood: 374 - Blythe

Postal Code Plus 4: 1534

Directions: Corner of North Palm Dr and W Barnard

Zoning: R3

Source Property Type: Residential Income

Area: 374 - Blythe

Property SubType: Apartment

Building and Construction

Property Age: 62

Common Walls: 1 Common Wall

Structure Type: Apartment

Year Built Source: Public Records

Entry Level: 1

Entry Location: Front

Property Attached: Yes

Levels or Stories: Two

Building Total Stories: 2

Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
480 River Valley Avenue, Blythe, CA,92225 $27,500 -- -- -- 8276 Sqft
42500 Us-95 #309 EASY S.., Blythe, CA,92225 $70,000 2 2 795 --
300 S Main Street, Blythe, CA,92225 $25,000 -- -- -- 14810 Sqft
4251 N Intake Boulevard, Blythe, CA,92225 $3,100,000 -- -- -- 6969600 Sqft
4251 N Intake Boulevard, Blythe, CA,92225 $3,100,000 3 2 2,200 6969600 Sqft
14983 S Neighbours Boul.., Blythe, CA,92225 $70,000 -- -- -- 78843.6 Sqft
Par Court, Blythe, CA,92225 $13,899 -- -- -- 4356 Sqft
Vacant Land, Blythe, CA,92225 $160,000 -- -- -- 1742400 Sqft
840 E 14th Avenue, Blythe, CA,92225 $235,000 3 1 1,342 13068 Sqft
16535 W Hobsonway, Blythe, CA,92225 $26,999 -- -- -- 35719 Sqft

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ByOwner last updated this listing 05/02/2024 @ 09:02

MLS: HD23136891
LISTED BY: Jerrad Schendel, Coldwell Banker Commercial Rea
SOURCE: CRMLS
Buyer Agency Compensation: 2%
Buyer Agency Description: The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed and if applicable, to participants of reciprocating MLS's as set forth in Association/MLS reciprocal agreements.

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