Thank you
Jerrad Schendel
Coldwell Banker Commercial Rea
760-684-8000
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.
Sell a home like this and save $149,501 Find Out How
Water Source : See Remarks
Sewer : Unknown
Year Built: 1962
Building Area Total: 14,525
Community
See Remarks
Lot Dimensions Source: Vendor Enhanced
Lot Size Acres: 1.05
Lot Size Source: Assessor
Lot Size Square Feet: 45738
Original List Price: 2,500,000
Listing Contract Date: 2023-07-25
Listing Agreement: Exclusive Right To Sell
Parcel Number: 845030005
Garage Description: Assigned
Lease Term: Negotiable
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
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
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.