316 S Spring St Blythe, CA 92225
Estimated payment $3,572/month
Highlights
- 0.34 Acre Lot
- Private Yard
- Cul-De-Sac
- Property is near public transit
- No HOA
- Rectangular Lot
About This Home
Fantastic Income Producing Multi-Family Property with exceptional room to raise Rents! All 8-Units are Fully Occupied with each Occupant having a Month-to-Month Tenancy. With Market Rents continuously increasing at a steady pace, raising value and producing a steady stream of high rental income should come at ease for any investor. Acquire S. Spring St. Today and continue to build your portfolio with this solid asset!
Listing Agent
SUPREME INVESTMENT CORP Brokerage Phone: 909-973-1464 License #02029383 Listed on: 03/17/2026
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1957
Lot Details
- 14,810 Sq Ft Lot
- Two or More Common Walls
- Cul-De-Sac
- Chain Link Fence
- Rectangular Lot
- Level Lot
- Private Yard
- Lawn
- Front Yard
- 848123001
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 6,000 Sq Ft Home
- 1-Story Property
Bedrooms and Bathrooms
- 2 Bedrooms
- 2 Bathrooms
Parking
- Parking Available
- Unassigned Parking
Location
- Property is near public transit
- Suburban Location
Listing and Financial Details
- Tax Lot 15
- Tax Tract Number 462
- Assessor Parcel Number 848123002
Community Details
Overview
- No Home Owners Association
- 2 Buildings
- 8 Units
- The Chanslor Place Subdivision
Building Details
- 8 Leased Units
- 8 Separate Electric Meters
- Gardener Expense $300
- Insurance Expense $1,623
- Operating Expense $11,244
- Gross Income $57,000
- Net Operating Income $45,756
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 | $1,291 | $110,948 | $16,236 | $94,712 |
| 2023 | $1,291 | $106,641 | $15,606 | $91,035 |
| 2022 | $1,243 | $104,550 | $15,300 | $89,250 |
| 2021 | $1,212 | $102,500 | $15,000 | $87,500 |
| 2020 | $1,245 | $105,470 | $22,515 | $82,955 |
| 2019 | $1,235 | $103,403 | $22,074 | $81,329 |
| 2018 | $1,160 | $101,377 | $21,642 | $79,735 |
| 2017 | $1,137 | $99,390 | $21,218 | $78,172 |
| 2016 | $1,127 | $97,442 | $20,802 | $76,640 |
| 2015 | $1,117 | $95,981 | $20,491 | $75,490 |
| 2014 | $509 | $40,180 | $20,090 | $20,090 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 03/17/2026 03/17/26 | For Sale | $649,000 | +3145.0% | $108 / Sq Ft | |
| 05/14/2013 05/14/13 | Sold | $20,000 | -42.9% | $11 / Sq Ft | View Prior Sale |
| 01/11/2013 01/11/13 | Pending | -- | -- | -- | |
| 01/08/2013 01/08/13 | For Sale | $35,000 | -- | $19 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Contract Of Sale | -- | -- | |
| Contract Of Sale | -- | -- | |
| Contract Of Sale | -- | -- | |
| Contract Of Sale | -- | -- | |
| Grant Deed | $50,000 | Accommodation | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $20,000 | Orange Coast Title Co | |
| Interfamily Deed Transfer | -- | None Available | |
| Grant Deed | $24,500 | None Available | |
| Trustee Deed | $158,807 | Accommodation | |
| Grant Deed | $225,000 | Stewart Title Co | |
| Interfamily Deed Transfer | -- | First American Title Company | |
| Interfamily Deed Transfer | -- | Stewart Title Guaranty | |
| Grant Deed | $120,000 | First American Title Company | |
| Grant Deed | $130,000 | First American Title Co |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $146,250 | Commercial | |
| Previous Owner | $157,500 | Purchase Money Mortgage | |
| Previous Owner | $97,500 | Commercial | |
| Previous Owner | $104,000 | Commercial | |
| Previous Owner | $100,000 | Seller Take Back |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: WS26058265
APN: 848-123-002
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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
- 301 S Spring St
- 310 S 1st St
- 0 N Main St Unit SB25018162
- 132 E Hobsonway
- 0 S Broadway
- 349 S Lovekin Blvd
- 490 S 4th St
- 900 W Donlon St
- 175 S 5th St
- 0 N 1st St
- 290 N 3rd St
- 0 Blythe Unit 219122850DA
- 0 Blythe Unit 219122849DA
- 0 Blythe Unit PW26026036
- 0 SW 1 4 of Sec 25 Tp 6 S R 20 E Unit RS26038543
- 340 N Lovekin Blvd
- 0 N Carlton Ave
- 909 W Barnard St
- 0 N 4th St
- 410 N Lovekin Blvd
Ask me questions while you tour the home.