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$450000   Price Analysis
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155 N 3rd St
Blythe, CA 92225
7 bed 4 bath 3500 SqFt ($128/SqFt)
3920SqFt lot. Built 1950
Listed 2023-12-26, Taxes $1618
USDA Eligible
near Blythe, CA
 Restrictions may apply
due to home size

This fantastic property presents a tremendous opportunity for investors.

The front home is a 3 bedroom 2 bathroom while the back duplex each uni t is 2 bedroom 1 bathroom. All three units are on separate meters with individual parking for each tenant.

Whether you're a savvy investor looking for triple rental income or a hmeowner seeking additional rental units this is the property for you.


Presented by Garrett S Mckean at
Kim Kelley, Broker.


Property MLS #OC23227055 from CRMLS

Bedrooms: 7

Laundry Features: Inside

Full Bathrooms: 4

Additional Parcels Description: 845153013
Additional Parcels: Yes
Lot Description: 2-5 Units/Acre
Lot Size Acres: 0.0899908
Lot Size Source: Estimated
Lot Size Square Feet: 3920

Number of Units: 3
Bedrooms in Unit-1: 3
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 1
Total Bathrooms in Unit-3: 1

Number of Units Leased: 3

Community Features: Curbs, Hiking, Rural

Source Listing Status: Active
County: Riverside
Cap Rate: 8.90
Source Property Type: Residential Income
Insurance Expense: 525.00
Area: 374 - Blythe
Source Neighborhood: Other (OTHR)
Number of Separate Electric Meters: 3
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 3
Parcel Number: 845153012
Subdivision: Other (OTHR)
Zoning: R3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$123667 + $20611
$144278
$1618
2021$121243 + $20207
$141450
$1576
2020$120000 + $20000
$140000
$1560
2019$80591 + $12936
$93527
$1061
2018$79011 + $12683
$91694
$993
2017$77462 + $12435
$89897
$972
2016$75944 + $12192
$88136
$963
2015$74804 + $12010
$86814
$954
2014$73340 + $11776
$85116
$918
2013$73008 + $11723
$84731
$910
2012$71578 + $11495
$83073
$887
2010$70175 + $11270
$81445
$878
2009$69817 + $11214
$81031
$868
2009$69651 + $11187
$80838
$868
2008$68449 + $10995
$79444
$851
2007$67107 + $10780
$77887
$839

Listed 2023-12-26
$450000
CRMLS
Sold 2019-09-17
$160000
PalmDesert
Listed 2019-04-17
$198800
PalmDesert
Sold 1999-09-10
$83000
Public Record

Net Operating Income: 29941.00

Total Square Feet Living: 3500
Year Built: 1950
Building Features: 2
Common Walls: 1 Common Wall
Entry Level: 1
Entry Location: 1
Property Age: 74
Property Attached: Yes
Levels or Stories: One
Building Total Stories: 1
Structure Type: Single Family Residence
Year Built Source: Assessor

Sewer: Sewer: Public Sewer, Water Sewer Expense: 0.00
Water Source: Public

Palo Verde High School is a public high school located approximately 1 miles away.
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Escuela De La Raza Unida is a private elementary, middle and high school located approximately 0.2 miles away.
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Ruth Brown Elementary School is a public elementary and middle school located approximately 0.3 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.