1200 N Broadway Blythe, CA 92225
Estimated payment $2,320/month
Highlights
- 1.02 Acre Lot
- Laundry Room
- Central Heating and Cooling System
- No HOA
- Tile Flooring
- Water Softener
About This Home
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!
Listing Agent
Blackbird Real Estate Group Brokerage Phone: 760-567-3737 License #02173534 Listed on: 03/13/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1957
Lot Details
- 1.02 Acre Lot
- 1 Common Wall
- West Facing Home
- Wood Fence
- Chain Link Fence
- Density is up to 1 Unit/Acre
- 839-110-006
Home Design
- Quadruplex
- Entry on the 1st floor
- Slab Foundation
- Shingle Roof
- Stucco
Interior Spaces
- 1-Story Property
- Ceiling Fan
- Security Lights
- Gas Range
Flooring
- Carpet
- Tile
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Dryer
- Washer
Parking
- 4 Open Parking Spaces
- 4 Parking Spaces
- Parking Available
- Gravel Driveway
Outdoor Features
- Exterior Lighting
Utilities
- Central Heating and Cooling System
- Natural Gas Connected
- Well
- Water Softener
- Conventional Septic
Listing and Financial Details
- Assessor Parcel Number 839110003
- $2,748 per year additional tax assessments
- Seller Considering Concessions
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 4 Units
Building Details
- 2 Leased Units
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- 4 Separate Water Meters
- Insurance Expense $780
- Pest Control $720
- Trash Expense $1,140
- Operating Expense $2,640
- Gross Income $2,400
- Net Operating Income $2,030
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $2,748 | $252,790 | $68,315 | $184,475 |
| 2023 | $2,748 | $242,975 | $65,663 | $177,312 |
| 2022 | $2,637 | $238,212 | $64,376 | $173,836 |
| 2021 | $2,568 | $233,542 | $63,114 | $170,428 |
| 2020 | $2,541 | $231,148 | $62,467 | $168,681 |
| 2019 | $2,519 | $226,617 | $61,243 | $165,374 |
| 2018 | $2,355 | $222,175 | $60,043 | $162,132 |
| 2017 | $2,305 | $217,819 | $58,866 | $158,953 |
| 2016 | $2,283 | $213,549 | $57,712 | $155,837 |
| 2015 | $2,260 | $210,345 | $56,847 | $153,498 |
| 2014 | $2,173 | $206,228 | $55,735 | $150,493 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 06/11/2025 06/11/25 | Price Changed | $399,000 | -9.9% | -- |
| 03/13/2025 03/13/25 | For Sale | $443,000 | -- | -- |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $360,000 | Stewart Title Riverside | |
| Grant Deed | $135,000 | Stewart Title | |
| Interfamily Deed Transfer | -- | Commonwealth Land Title Co | |
| Grant Deed | $10,500 | First American Title Ins Co | |
| Interfamily Deed Transfer | -- | -- | |
| Executors Deed | -- | -- |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25055763
APN: 839-110-003
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