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$265000   Price Analysis
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330 Stewart St
Blythe, CA 92225
6 bed 4 bath 1848 SqFt ($143/SqFt)
8276SqFt lot. Built 1989
Listed 2024-07-09, Taxes $1770
USDA Eligible
near Blythe, CA
 

330 Stewart St is a two unit apartment located in Blythe.

Constructed in 1989 and sitting on a larg e 8, 276 SF Lot. Property consists of (2) 3 Bedroom / 2 Bath units totaling 1, 848 SF. One of the leases is at $1, 400 and the other unit is ready for move in! The property has two on-site parking with 1 car per unit.

This investment presents a turnkey opportunity at 8.05 GRM and 7.25% Cap Rate on current rents. All units are separately metered for gas and electricity. Tenant is on a month to month lease. Property will be sold as is. The entire building has a brand new roof, flooring, kitchens, paint and plumbing. This is a good opportunity for an wner user or investment!


Presented by Evelyn Baez Gonzalez at
Lyon Stahl Investment Re, Inc.


Property MLS #SB24139798 from CRMLS

Bedrooms: 6

Laundry Features: Gas & Electric Dryer Hookup

Cooling Features: Wall/Window Unit(s)
Heating Features: Central
Heating: Yes

Full Bathrooms: 4

Flooring: Vinyl

Fencing: Fence YN: Yes

Carport Spaces: 2
Parking Features: Parking YN: Yes, Parking Features: Carport
Parking Total: 2

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.1899908
Lot Size Source: Assessor
Lot Size Square Feet: 8276

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

Tenant Pays: Electricity, Gas

Community Features: Sidewalks

Source Listing Status: Active
County: Riverside
Cap Rate: 7.25
Source Property Type: Residential Income
Insurance Expense: 4000.00
Area: 374 - Blythe
Source Neighborhood: 374 - Blythe
Number of Separate Electric Meters: 2
Number of Separate Gas Meters: 2
Number of Separate Water Meters: 1
Parcel Number: 845073006
Postal Code Plus 4: 1600
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$93840 + $62220
$156060
$1770
2021$92000 + $61000
$153000
$1724
2020$54945 + $48352
$103297
$1178
2019$53868 + $47404
$101272
$1168
2018$52812 + $46475
$99287
$1095
2017$51777 + $45564
$97341
$1072
2016$50762 + $44671
$95433
$1062
2015$121774 + $40587
$162361
$1787
2014$70000 + $20000
$90000
$990
2013$70000 + $20000
$90000
$987
2012$70000 + $20000
$90000
$981
2010$114237 + $38076
$152313
$996
2009$113654 + $37884
$151538
$1626
2009$113384 + $37793
$151177
$1626
2008$111426 + $37142
$148568
$1594
2007$109242 + $36414
$145656
$1572

Price Changed 2024-07-18
$265000
CRMLS
Listed 2024-07-09
$285000
CRMLS
Sold 2023-09-11
$163000
Public Record
Sold 2020-12-02
$130000
Public Record
Listing removed 2013-10-10
$87500
CRMLS
Price Changed 2013-09-20
$87500
CRMLS
Listed 2013-06-08
$99000
CRMLS
Listing removed 2011-09-16
$97200
PalmDesert
Listed 2011-03-16
$97200
PalmDesert
Sold 2005-05-16
$255000
Public Record

Net Operating Income: 20311.00

Total Square Feet Living: 1848
Year Built: 1989
Building Features: 1
Common Walls: 1 Common Wall
Entry Level: 2
Entry Location: 1
Foundation Details: Raised
Property Age: 35
Property Attached: Yes
Roof: Shingle
Levels or Stories: One
Building Total Stories: 1
Structure Type: Duplex
Year Built Source: Assessor

Electric: Standard
Sewer: Sewer: Public Sewer, Water Sewer Expense: 3000.00
Water Source: Public

Palo Verde High School is a public high school located approximately 0.8 miles away.
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Blythe District Preschool is a public elementary, middle and high school located approximately 0.2 miles away.
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Desert Learning Center is a private 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.