$450,000

601 E Rice St Blythe, CA 92225

Estimated payment $2,902/month

Total Views 12,242
5 Beds
5 Baths
3,000 Sq Ft
$150 Price per Sq Ft

Highlights

  • Corner Lot
  • Laundry Room
  • No Heating

About This Home

Magnificent income producing property! good location close to shopping, transportation and freeway access. All units have 1 bedroom and 1bath with a one car garage with wash and drier hook ups and corner locaton.

Listing Agent

Ricardo Acevedo

Acevedo Real Estate Professionals Brokerage Email: RICARDOC21REO@GMAIL.COM License #01812103 Listed on: 12/26/2024

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 6,970 Sq Ft Lot
  • Two or More Common Walls
  • Corner Lot

Parking

  • 1 Car Garage
  • Parking Available
  • Driveway

Home Design

  • Property Attached

Interior Spaces

  • 3,000 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Utilities

  • No Heating

Listing and Financial Details

  • Legal Lot and Block 14 / 5
  • Tax Tract Number 4620
  • Assessor Parcel Number 848083010
  • $80 per year additional tax assessments

Community Details

Overview

  • 5 Units

Building Details

  • 5 Leased Units
  • Rent Control
  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,400
  • Trash Expense $1,200
  • Water Sewer Expense $2,000
  • Operating Expense $5,600
  • Gross Income $3,500
  • Net Operating Income $3,100

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

1

Listing Details

  • Assessments: Yes
  • Price Per Unit: 90000
  • Property Attached: Yes
  • Water Sewer Expenses: 2000.00
  • Zoning: R3
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 848083010
  • Year Built: 1955
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Entry Location: level
  • Common Walls: 2+ Common Walls
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 150.00

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 1.00
  • Parking: Yes
  • Parking Features: Driveway
  • Total Parking Spaces: 1.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1200.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot
  • Lot Size Sq Ft: 6970.00
  • Lot Size Acres: 0.1600

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 3500.00
  • Gross Scheduled Income: 3500.00
  • Insurance Expense: 2400.00
  • Lot Size Area: 6970.0000 Square Feet
  • Net Operating Income: 3100.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 5
  • Number Of Units Total: 5
  • Operating Expense: 400.00
  • Rent Control: Yes
  • Total Actual Rent: 3500.00
  • Total Expenses: 5600.00

Tax Info

  • Tax Block: 5
  • Tax Census Tract: 462.00
  • Tax Lot: 14
  • Tax Tract Number: 4620
  • TaxOtherAnnualAssessmentAmount: 80.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
06/30/2025 06/30/25 Price Changed $450,000 +7.1% $150 / Sq Ft
06/29/2025 06/29/25 For Sale $420,000 0.0% $140 / Sq Ft
06/28/2025 06/28/25 Off Market $420,000 -- --
05/01/2025 05/01/25 Price Changed $420,000 -6.7% $140 / Sq Ft
12/26/2024 12/26/24 For Sale $450,000 +130.8% $150 / Sq Ft
07/16/2020 07/16/20 Sold $195,000 -2.5% $65 / Sq Ft
05/10/2020 05/10/20 Pending -- -- --
04/29/2020 04/29/20 For Sale $200,000 -- $67 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV24254011

California Regional Multiple Listing Service (CRMLS)

APN: 848-083-010

California Riverside County Blythe 92225

601 E Rice St, Blythe, CA

This home is located at 601 E Rice St, Blythe, CA 92225 and is currently priced at $450,000, approximately $150 per square foot. This property was built in 1955. 601 E Rice St is a home located in Riverside County with nearby schools including Palo Verde High School and Scale Leadership Academy - East.

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.

California Regional Multiple Listing Service (CRMLS) 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

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Ricardo Acevedo
Listing Agent
Ricardo Acevedo
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Acevedo Real Estate Professionals
(442) 205-5378