Blythe, CA 92225 332 S Spring Street
$245,000
13 more
Presented By: Jonathan Smith with RE/MAX Blythe Realty; 5597416055
Beds • 2
Baths • 1
SQFT • 1,917
Garage • 1
Year Built • 1957
Home Details
4-Unit Apartment Building with Stable Income
Discover 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!
Presented By: Jonathan Smith with RE/MAX Blythe Realty; 5597416055
Interior Features for 332 S Spring Street
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringTile, Vinyl
Heating Y/NYes
Laundry FeaturesInside
Total Stories1
Other Rooms
Entry Level1
General for 332 S Spring Street
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Spaces2.0
Carport Y/NYes
CityBlythe
Community FeaturesSidewalks
Construction MaterialsBlock, Stucco
ContingencySeller is listing broker
CoolingDuctless
CountyRiverside
Current FinancingPrivate
DirectionsFrom RE/MAX Blythe Realty: Head east on hobsonway, go south on broadway, west onto donlon and head south on Spring st. property is on your left.
Electric On Property Y/NNo
Entry Location1
Fuel Expense1500.0
Garage Spaces1.0
Garage Y/NYes
Gross Income32880.0
HOANo
HeatingDuctless
Home Warranty Y/NNo
Insurance Expense4765.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash, Conventional, Exchange1031, OwnerMayCarry, Submit
Lot Size Square Feet7405.0
Lot Size UnitsSquareFeet
MLS Area374 - Blythe
MobileHomeRemainsYNNo
Net Operating Income12480.0
New ConstructionNo
Number Of Units Total4
Number of Units Leased4
Open Parking Spaces3.0
Operating Expense13466.0
Pool FeaturesNone
PossessionSeeRemarks
Property Attached Y/NYes
Property ConditionRepairsCosmetic
Property Sub Type AdditionalQuadruplex
Property SubtypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofShingle
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Subdivision Namena
Tax Lot17
Tenant PaysElectricity
Total Actual Rent32880.0
Trash Expense1.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
ViewNone
Water Sewer Expense7200.0
Year Built1957
Year Built SourceAssessor
ZoningR3
Exterior for 332 S Spring Street
Building Area Total1917.0
Crops Included Y/NNo
FencingChainLink
Foundation DetailsRaised, Slab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesLevel
Lot Size Acres0.17
Lot Size Area7405.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Gas Meters1
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAssigned, Carport
Private PoolNo
SpaNo
Total Parking6.0
Water SourcePublic
Waterfront Y/NNo
Additional Details
Price History
Clayton Bond
Sales Associate
