$205,000
SOLD AUG 28, 2025

332 S Spring St Blythe, CA 92225

2 Beds
3 Baths
1,917 Sq Ft
7,405 Sq Ft Lot

Recently Sold

$107 Per Sq Ft

16% Below List Price

67 Days on Market

Highlights

  • Ductless Heating Or Cooling System
  • Tile Flooring
  • Level Lot
  • Laundry Room
  • Chain Link Fence
  • Heating Available

About This Home

As of August 2025

4-Unit Apartment Building with Stable Income
Discover an excellent investment opportunity with this fully occupied 4-unit apartment building, featuring recent upgrades and reliable, long-term tenants. The front house boasts brand-new luxury vinyl plank flooring installed in 2025, complemented by a replaced subfloor and updated plumbing for enhanced durability and appeal. The three rear units are equipped with tile flooring and new mini-split air-conditioning units, ensuring tenant comfort and low maintenance.
Current Rents: $2,740 per month, generating consistent cash flow.
Tenant Profile: All units are occupied by long-term tenants with a proven history of on-time rent payments, offering stability for investors.
Utilities: Tenants pay electric; landlord covers water and gas, simplifying expense management.
Recent Upgrades: Luxury vinyl planks (2025), new subfloor, and updated plumbing in the front house; tile flooring and modern mini-split A/C units in the rear units.
This property is ideal for investors seeking a turnkey rental with strong occupancy and recent improvements. Don’t miss this opportunity to own a low-maintenance, income-producing asset in a desirable location. Contact us today for more details or to schedule a viewing!

Last Agent to Sell the Property

Jonathan Smith

RE/MAX Blythe Realty Brokerage Phone: 5597416055 License #01940912 Listed on: 05/22/2025

RE/MAX Blythe Realty

Co-Listed By

Catherine Garcia

RE/MAX Blythe Realty Brokerage Phone: 5597416055 License #02215514

Last Buyer's Agent

NoEmail NoEmail

NONMEMBER MRML

NONMEMBER MRML

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1957

Lot Details

  • 7,405 Sq Ft Lot
  • Two or More Common Walls
  • Chain Link Fence
  • Level Lot

Parking

  • 3 Open Parking Spaces
  • 1 Car Garage
  • 2 Carport Spaces
  • Parking Available
  • Assigned Parking

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Cosmetic Repairs Needed
  • Raised Foundation
  • Slab Foundation
  • Shingle Roof
  • Stucco

Interior Spaces

  • 1,917 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Flooring

  • Tile
  • Vinyl

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 3 Bathrooms

Utilities

  • Ductless Heating Or Cooling System
  • Heating Available
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity
  • Legal Lot and Block 17 / 1
  • Tax Tract Number 1
  • Assessor Parcel Number 848123004
  • $85 per year additional tax assessments

Community Details

Overview

  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $1,500
  • Insurance Expense $4,765
  • Trash Expense $1
  • Water Sewer Expense $7,200
  • Operating Expense $13,466
  • Gross Income $32,880
  • Net Operating Income $12,480

Property Details

Home Type

Multi-Family

Year Built

Built in 1957

Lot Details

0

Parking

1

Listing Details

  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 7200.00
  • Zoning: R3
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 848123004
  • Year Built: 1957
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Common Walls: 2+ Common Walls
  • Flooring: Tile, Vinyl
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 106.94
  • Room Type: Kitchen

Exterior Features

  • Foundation: Raised, Slab
  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Shingle
  • Spa: No
  • Construction Materials: Block, Stucco

Garage/Parking

  • Carport Spaces: 2.00
  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Assigned, Carport
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 3.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Ductless
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1.00
  • Water Source: Public
  • Cooling: Ductless
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 7405.00
  • Lot Size Acres: 0.1700

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Average2 Bed Area: 950 Square Feet
  • Average Studio Area: 300 Square Feet
  • Fuel Expense: 1500.00
  • Gross Income: 32880.00
  • Gross Scheduled Income: 32880.00
  • Insurance Expense: 4765.00
  • Lot Size Area: 7405.0000 Square Feet
  • Net Operating Income: 12480.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 13466.00
  • Rent Control: No
  • Total Actual Rent: 32880.00
  • Total Expenses: 13466.00

Tax Info

  • Tax Block: 1
  • Tax Census Tract: 462.00
  • Tax Lot: 17
  • Tax Tract Number: 1
  • TaxOtherAnnualAssessmentAmount: 85.00

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 22, 2025
Closed on
Aug 6, 2025
Sold by
Domination Real Estate Holdings Llc
Bought by
Parrish Theodore and Parrish Rebecca
Seller's Agent
Jonathan Smith
RE/MAX Blythe Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$245,000
Sold Price
$205,000
Premium/Discount to List
-$40,000
-16.33%
Views
12
Current Estimated Value
$233,877

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$28,877
Avg. Annual Appreciation
44.21%
Original Mortgage
$194,750
Outstanding Balance
$194,582
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$39,295

Purchase Details

Listed on
May 22, 2025
Closed on
Jul 22, 2025
Sold by
Farmer Charlotte
Bought by
Palo Verde Irrigation District
Seller's Agent
Jonathan Smith
RE/MAX Blythe Realty
Buyer's Agent
NoEmail NoEmail
NONMEMBER MRML
List Price
$245,000
Sold Price
$205,000
Premium/Discount to List
-$40,000
-16.33%
Views
12

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$194,750
Outstanding Balance
$194,582
Interest Rate
6.75%
Mortgage Type
New Conventional
Estimated Equity
$39,295

Purchase Details

Closed on
Mar 8, 2024
Sold by
Farmer Charlotte
Bought by
Domination Real Estate Holdings Llc

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$178,200
Interest Rate
6.77%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 6, 2023
Sold by
Family Trust
Bought by
Farmer Charlotte

Purchase Details

Closed on
Sep 12, 2007
Sold by
Guerra Fernando and Guerra Manuela
Bought by
Guerra Fernando C and Guerra Manuela M
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Type Sale Price Title Company
Grant Deed $205,000 First American Title
Contract Of Sale -- --
Grant Deed $165,000 First American Title
Gift Deed -- None Listed On Document
Interfamily Deed Transfer -- None Available
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Open $194,750 New Conventional
Previous Owner $178,200 New Conventional
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
08/28/2025 08/28/25 Sold $205,000 -10.9% $107 / Sq Ft
07/28/2025 07/28/25 Pending -- -- --
06/27/2025 06/27/25 Price Changed $230,000 -6.1% $120 / Sq Ft
06/10/2025 06/10/25 For Sale $245,000 0.0% $128 / Sq Ft
06/02/2025 06/02/25 Pending -- -- --
05/22/2025 05/22/25 For Sale $245,000 -- $128 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $751 $168,300 $35,700 $132,600
2023 $751 $90,380 $15,051 $75,329
2022 $1,067 $88,608 $14,756 $73,852
2021 $1,041 $86,871 $14,467 $72,404
2020 $1,031 $85,981 $14,319 $71,662
2019 $1,022 $84,296 $14,039 $70,257
2018 $961 $82,644 $13,764 $68,880
2017 $943 $81,025 $13,495 $67,530
2016 $935 $79,437 $13,231 $66,206
2015 $926 $78,245 $13,033 $65,212
2014 $894 $76,715 $12,779 $63,936
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SW25112224

California Regional Multiple Listing Service (CRMLS)

APN: 848-123-004