332 S Spring St Blythe, CA 92225
Estimated payment $1,439/month
Total Views
1,512
2
Beds
3
Baths
1,917
Sq Ft
$128
Price per Sq Ft
Highlights
- Ductless Heating Or Cooling System
- Tile Flooring
- Level Lot
- Laundry Room
- Chain Link Fence
- Heating Available
About This Home
4-Unit Apartment Building with Stable IncomeDiscover 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!
Listing Agent
RE/MAX Blythe Realty Brokerage Phone: 5597416055 License #01940912 Listed on: 05/22/2025
Co-Listing Agent
RE/MAX Blythe Realty Brokerage Phone: 5597416055 License #02215514
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $751
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
- 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
- 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
Map
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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 |
|---|---|---|---|---|
| 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
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/22/2025 05/22/25 | For Sale | $245,000 | -- | $128 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| 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 | $178,200 | New Conventional | |
| Previous Owner | $93,750 | Commercial |
Source: Public Records
Similar Home in Blythe, CA
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: SW25112224
APN: 848-123-004
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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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