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316 S Spring Street

Blythe, CA 92225
  • $649,000
  • STATUS: Active
  • ON SITE: 174 Days
  • MLS #: WS24228197
UPDATED: 1 min ago
$649,000
  • 0
    BEDS
  • 0.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1957
County:
Area:

School Ratings & Info

Listing Agent(s): Jake Barbosa of SUPREME INVESTMENT CORP (626-618-7100)


Description

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!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-29T19:34:13.427. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
www.theziagroup.com/homes/157561359
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316 S Spring Street Blythe, CA 92225

  • Price: $649,000
  • Status: Active
  • On Site: 174 Days
  • Updated: 1 min ago
  • MLS #: WS24228197
0
Beds
0
Baths
0
½ Baths
0.34
Acres
1957
Built
Neighborhood:
The Chanslor Place (37401)
County:
Riverside
Area:
374 - Blythe
Property Description
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!
Exterior Features

Entry Level 1 Entry Location First / Street Level Fencing Chain Link Lot Features Cul-De-SacFront YardLawnLevelNear Public TransitRectangular LotStreet LevelYard Number Of Separate Electric Meters 8 Parking Features Unassigned Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes Road Surface Type Paved

Interior Features

Common Walls 2+ Common Walls Fireplace Features None Fireplace YN No Interior Features All Bedrooms Down

Property Features

Additional Parcels YN Yes Association Fee 0 Association YN No Cap Rate 7.05 Common Interest None Community Features CurbsSuburbanSidewalks Contingency None Current Financing None Electric Standard Electric Expense 0 Fuel Expense 0 Garage YN No Gross Income 57000 Gross Scheduled Income 57000 Insurance Expense 1623 Land Lease YN No Laundry Features None Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Submit Net Operating Income 45756 New Construction YN No Number Of Separate Gas Meters 0 Number Of Separate Water Meters 0 Number Of Units Leased 8 Operating Expense 11244 Possession Close Of Escrow Property Sub Type Apartment Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Standard Tenant Pays Electricity Total Actual Rent 4750 Trash Expense 0 Utilities Electricity ConnectedNatural Gas AvailableSewer ConnectedWater Connected Vacancy Allowance 0 Vacancy Allowance Rate 0 Water Sewer Expense 0 Water Source Public Zoning R-M-L



Based on information from California Regional Multiple Listing Service, Inc. as of 2025-04-29T19:34:13.427. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Zia Group | eXp Realty. Licensed in the State of California, USA.
 
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The Zia Group | eXp Realty
10 E Yanonali St #11
Santa Barbara CA, 93101
Listing Agent(s): Jake Barbosa of SUPREME INVESTMENT CORP (626-618-7100)