175 S 5th St Blythe, CA 92225
Estimated payment $4,403/month
About This Home
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.
Listing Agent
Realty One Group West Brokerage Phone: 714-851-8539 License #02013343 Listed on: 01/20/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1977
Lot Details
- 10,454 Sq Ft Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 3,360 Sq Ft Home
- 1-Story Property
- Gas Oven
Bedrooms and Bathrooms
- 4 Bedrooms
- 2 Bathrooms
Parking
- Parking Available
- Uncovered Parking
- Assigned Parking
Utilities
- Central Heating and Cooling System
- Water Heater
Listing and Financial Details
- Legal Lot and Block 18 / 4
- Tax Tract Number 4
- Assessor Parcel Number 848082022
- $112 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 7 Units
Building Details
- 4 Leased Units
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $10,560
- Water Sewer Expense $3,600
- Operating Expense $14,160
- Net Operating Income $88,440
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 | $1,137 | $92,345 | $18,467 | $73,878 |
| 2023 | $1,137 | $88,760 | $17,750 | $71,010 |
| 2022 | $1,097 | $87,020 | $17,402 | $69,618 |
| 2021 | $1,071 | $85,314 | $17,061 | $68,253 |
| 2020 | $1,062 | $84,441 | $16,887 | $67,554 |
| 2019 | $1,054 | $82,786 | $16,556 | $66,230 |
| 2018 | $993 | $82,914 | $16,232 | $66,682 |
| 2017 | $975 | $81,323 | $15,914 | $65,409 |
| 2016 | $965 | $79,763 | $15,602 | $64,161 |
| 2015 | $959 | $78,593 | $15,368 | $63,225 |
| 2014 | $1,026 | $77,090 | $15,068 | $62,022 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 01/20/2026 01/20/26 | For Sale | $799,900 | -- | $238 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW26014420
APN: 848-082-022
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Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information
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