175 S 5th St

7
Baths
3,360 Sq. Ft.
$238 / Sq. Ft.
3,360
Sq. Ft.
$238
per Sq. Ft.

Description

Approximately 8%+ in-place cap rate with additional upside through unit updates! Excellent opportunity to own a well-maintained, income-producing 7-plex in a desirable location close to shopping, dining, and everyday conveniences. This attractive multifamily property consists of seven spacious 2-bedroom, 1-bath units, each featuring separate electric and gas meters, central A/C and heat, and assigned parking spaces, with plentiful street parking available for guests. Three of the units are currently...Approximately 8%+ in-place cap rate with additional upside through unit updates! Excellent opportunity to own a well-maintained, income-producing 7-plex in a desirable location close to shopping, dining, and everyday conveniences. This attractive multifamily property consists of seven spacious 2-bedroom, 1-bath units, each featuring separate electric and gas meters, central A/C and heat, and assigned parking spaces, with plentiful street parking available for guests. Three of the units are currently being updated, offering upside potential, while the remaining four units are move-in ready and occupied by great tenants. The property has been thoughtfully cared for and presents a low-maintenance investment with strong rental appeal. Whether you’re expanding your portfolio or acquiring your first multifamily asset, this property offers immediate income with value-add potential in a solid rental market.
  1. Listed by Isela Vargas • DRE #02013343 • Brokerage DRE #01896421 • Realty One Group West • 714-851-8539

Property Details for 175 South 5th Street

Parking Spaces Total
0
Private Pool
No
Cooling Type
Central Air
Total Units
7.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3360
Assessor Parcel Number
848-082-022
LISTING UPDATED: 01/20/2026 02:06 PM

Property Details for 175 South 5th Street

StatusActive
MLS #PW26014420
Days on Market1
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMixed Use
MLS TypeResidential Income
Year Built1977
Lot Size0.24 AC / 10,454 SF
CountyRiverside County

Location

Listing Courtesy of Realty One Group West, Isela Vargas, DRE #02013343
Add your commute

Building Information for 175 South 5th Street

Stories1Residences-Year Built1977Building Size-Lot Size0.24 AC / 10,454 SF

Payment Calculator

$3,993 per month

30 year fixed, 6.15% Interest

Principal and Interest

$3,899

Property Taxes

$94

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 175 South 5th Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $102,600
  • Net Operating Income: $88,440
Expense Details
  • Operating Expense: $14,160
  • Insurance Expense: $10,560
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $3,600
  • Total Expenses: $14,160
Tax / Assessment Info
  • Tax Block: 4
  • Tax Tract Number: 4
  • Tax Lot: 18
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Buyer to Verify, Unknown
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Appliances: Gas Oven, Water Heater
  • Equipment: None
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Central Air
  • Heating Type: Central
  • Heating: Central
Exterior Features
  • Entry Location: Front Door
  • Pool Features: None
  • Pool Description: None
Land/Lot Info
  • Lot Features: 6-10 Units/Acre
  • Number Of Units: 7
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Assigned, Uncovered
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Assigned, Uncovered
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 4
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,200
  • Unit Type Total Rent: $4,800
  • Unit Type Pro Forma: 5000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 3750
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 7
  • Number Of Separate Gas Meters: 7
  • Number Of Separate Water Meters: 1

Property History for 175 South 5th Street

DateEvent & SourcePriceAppreciation
Jan 20, 2026

Listed (Active)

CRMLS #PW26014420

$799,900
Jan 20, 2026

Listed (Active)

CLAW #PW26014420MR

$799,900
Dec 1, 2024

Expired

CRMLS #SB24004279

Nov 30, 2024

Expired

SDMLS #SB24004279

Nov 30, 2024

Expired

CLAW #SB24004279MR

Apr 10, 2024

Price Change

SDMLS #SB24004279

$725,000
Apr 1, 2024

Listed (Active)

CLAW #SB24004279MR

$750,000
Apr 1, 2024

Listed (Active)

SDMLS #SB24004279

Mar 21, 2024

Pending

CRMLS #SB24004279

Mar 21, 2024

Pending

SDMLS #SB24004279

Mar 13, 2024

Listed (Active)

CRMLS #SB24004279

Mar 13, 2024

Listed (Active)

SDMLS #SB24004279

Mar 2, 2024

Pending

CRMLS #SB24004279

Mar 2, 2024

Pending

CLAW #SB24004279MR

Mar 2, 2024

Pending

SDMLS #SB24004279

Feb 20, 2024

Price Change

CLAW #SB24004279MR

$725,000
Feb 20, 2024

Price Change

CRMLS #SB24004279

$725,000
Jan 8, 2024

Listed (Active)

SDMLS #SB24004279

$750,000
Jan 8, 2024

Listed (Active)

CRMLS #SB24004279

$750,000
Jan 8, 2024

Listed (Active)

CLAW #SB24004279MR

$750,000
Mar 5, 2013

Sold (Public Record)

Public Record #349678984

$74,500

-14.9% / yr

Jan 24, 2007

Sold (Public Record)

Public Record #213308351

$200,000
DateEvent & SourcePrice
01/20/2026

Listed (Active)

CRMLS #PW26014420

$799,900
01/20/2026

Listed (Active)

CLAW #PW26014420MR

$799,900
12/01/2024

Expired

CRMLS #SB24004279

11/30/2024

Expired

SDMLS #SB24004279

11/30/2024

Expired

CLAW #SB24004279MR

04/10/2024

Price Change

SDMLS #SB24004279

$725,000
04/01/2024

Listed (Active)

CLAW #SB24004279MR

$750,000
04/01/2024

Listed (Active)

SDMLS #SB24004279

03/21/2024

Pending

CRMLS #SB24004279

03/21/2024

Pending

SDMLS #SB24004279

03/13/2024

Listed (Active)

CRMLS #SB24004279

03/13/2024

Listed (Active)

SDMLS #SB24004279

03/02/2024

Pending

CRMLS #SB24004279

03/02/2024

Pending

CLAW #SB24004279MR

03/02/2024

Pending

SDMLS #SB24004279

02/20/2024

Price Change

CLAW #SB24004279MR

$725,000
02/20/2024

Price Change

CRMLS #SB24004279

$725,000
01/08/2024

Listed (Active)

SDMLS #SB24004279

$750,000
01/08/2024

Listed (Active)

CRMLS #SB24004279

$750,000
01/08/2024

Listed (Active)

CLAW #SB24004279MR

$750,000
03/05/2013

Sold (Public Record)

Public Record #349678984

$74,500

-14.9% / yr

01/24/2007

Sold (Public Record)

Public Record #213308351

$200,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 175 South 5th Street

Taxable ValueLand$18,467Additions$75,628Total$94,095
Tax Record2025$1,128 ($94 / month)
Home Facts
Total Finished SqFt3,360 SqFtAbove Grade Finished SqFt3,360 SqFtStories1Lot Size10,454 SqFtStyleMulti-Family Res (5+ Units)Year Built1977Year Renovated1978ZoningR3CountyRIVERSIDEAPN848-082-022

Schools near 175 South 5th Street

This home is within Palo Verde Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 8
Public - 9 to 12
Charter - K to 12
Public - K to 8
Rating
School
Distance
Ruth Brown Elementary School
PublicK to 8

Palo Verde High School
Public9 to 12

Scale Leadership Academy - East
CharterK to 12

Felix J. Appleby Elementary School
PublicK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

Similar Sold Homes

175 South 5th Street is a mixed use property for sale in Blythe, CA 92225. This property was listed for sale on January 20, 2026 by Realty One Group West, it's currently listed at $799,900. It has been on the market for a total of 1 days and was last sold on March 5, 2013. This listing's school district is Palo Verde Unified School District. Nearby schools include Ruth Brown Elementary School, Palo Verde High School and Scale Leadership Academy - East. 175 South 5th Street is a 4-bed, 7-bath, 3,360 sqft mixed use property built in 1977.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Realty One Group West, Isela Vargas, DRE #02013343

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.