222 W Rice St
Description
Perfect opportunity to purchase a cash flowing asset in the heart of Blythe. Unit Mix:
1 Studio Apartment - Fully remodeled including plumbing, electrical and mini split AC.
6 One-Bedroom/One-Bath Units - 4 units completely remodeled with new plumbing, electrical, and Mini split units.
3 Two-Bedroom/One-Bath Units - 1 Fully remodeled with new plumbing electrical and plumbing and mini splits. 1 remodeled by previous owner 5 years ago. Rental Status: A mix of 5...10-Unit Apartment Complex - 222 W Rice St
Perfect opportunity to purchase a cash flowing asset in the heart of Blythe. Unit Mix:
1 Studio Apartment - Fully remodeled including plumbing, electrical and mini split AC.
6 One-Bedroom/One-Bath Units - 4 units completely remodeled with new plumbing, electrical, and Mini split units.
3 Two-Bedroom/One-Bath Units - 1 Fully remodeled with new plumbing electrical and plumbing and mini splits. 1 remodeled by previous owner 5 years ago. Rental Status: A mix of 5 furnished and 5 unfurnished units, with some leased through Airbnb and others directly to tenants, providing flexible income streams.
- Listed by Jonathan Smith • DRE #01940912 • Brokerage DRE #02227102 • RE/MAX Blythe Realty • 5597416055
Property Details for 222 West Rice Street
Property Details for 222 West Rice Street
| Status | Active |
|---|---|
| MLS # | SW26009284 |
| Days on Market | 8 |
| Taxes | - |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Residential Income / Res Income 2-4 Units |
| Year Built | 1930 |
| Lot Size | 0.34 AC / 14,810 SF |
| County | Riverside County |
Location
Building Information for 222 West Rice Street
Payment Calculator
$6,512 per month
30 year fixed, 6.15% Interest
$6,092
$420
$0
Property Information for 222 West Rice Street
- Tenant Pays: Electricity, Gas
- Gross Income: $138,276
- Gross Scheduled Income: $138,276
- Vacancy Allowance Rate: 3
- Net Operating Income: $110,376
- Gross Multiplier: 9.76
- Cap Rate: 8.18
- Current Financing: Private
- Operating Expense: $27,898
- New Taxes Expense: $13,500
- Gardener Expense: $3,600
- Fuel Expense: $408
- Electric Expense: $1,412
- Insurance Expense: $4,828
- Professional Management Expense: $1
- Other Expense: $1,212
- Other Expense Description: internet
- Trash Expense: $4,900
- Water Sewer Expense: $7,542
- Total Expenses: $27,898
- Tax Block: 14
- Tax Tract Number: 1
- Tax Census Tract: 462.00
- CFD/Mello-Roos Fee: $1
- Tax Lot: 27
- Association Amenities: Trash, Sewer, Water
- Community Features: Sidewalks, Street Lights
- Appliances: Built-In Range, Electric Cooktop, Gas Oven, Gas Range, Microwave, Tankless Water Heater, Water Heater
- Interior Features: Furnished, Quartz Counters
- Room Type: All Bedrooms Down
- Laundry: Yes
- Laundry Features: Dryer Included, Gas Dryer Hookup, Outside, Washer Hookup, Washer Included
- Fireplace Features: None
- Cooling: Ductless, Electric, Heat Pump, Wall/Window Unit(s)
- Heating Type: Ductless, Electric, Heat Pump
- Heat Source: Electric
- Heating: Ductless, Electric, Heat Pump
- Flooring Type: Laminate, Tile, Vinyl
- Flooring: Laminate, Tile, Vinyl
- Window Features: Double Pane Windows, ENERGY STAR Qualified Windows
- Security Features: Carbon Monoxide Detector(s), Smoke Detector(s)
- Construction Materials: Drywall Walls, Stucco
- Exterior: Stucco
- Roof: Asphalt, Flat, Rolled/Hot Mop, Shingle
- Entry Location: 1
- Fence: Yes
- Fencing: Chain Link
- Foundation Details: Slab
- Foundation Details: Slab
- Property Condition: Updated/Remodeled
- Pool Features: None
- Pool: N/K
- Pool Heat: N/K
- Spa Features: None
- Spa Heat: N/K
- Lot Features: Lawn
- Land Lease: No
- Road Surface Type: Paved
- Road Frontage Type: Alley, City Street
- Levels: One
- Sewer: Public Sewer
- Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Water Source: Public
- Garage Spaces: 0
- Uncovered Spaces: 11
- Parking Features: Assigned, Street
- Residential Styles: Res Income 2-4 Units
- Unit Type Units Total: 1
- Unit Type Beds Total: 0
- Unit Type Baths Total: 1
- Unit Type Furnished: Furnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,319
- Unit Type Total Rent: $1,319
- Unit Type Pro Forma: 1400
- Unit Type Type: 1
- Unit Type Units Total: 3
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Furnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,486
- Unit Type Total Rent: $4,458
- Unit Type Pro Forma: 1500
- Unit Type Type: 2
- Unit Type Units Total: 2
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $655
- Unit Type Total Rent: $1,310
- Unit Type Pro Forma: 850
- Unit Type Type: 3
- Unit Type Units Total: 2
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $892
- Unit Type Total Rent: $1,785
- Unit Type Pro Forma: 2000
- Unit Type Type: 4
- Unit Type Units Total: 1
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Furnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $1,720
- Unit Type Total Rent: $1,720
- Unit Type Pro Forma: 1800
- Unit Type Type: 5
- Unit Type Units Total: 1
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $900
- Unit Type Total Rent: $900
- Unit Type Pro Forma: 1000
- Unit Type Type: 6
- Number Of Units Leased: 10
- Rent Controlled: No
- Number Of Buildings: 6
- Number Of Separate Electric Meters: 10
- Number Of Separate Gas Meters: 10
- Number Of Separate Water Meters: 1
Property History for 222 West Rice Street
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jan 14, 2026 | Listed (Active) CRMLS #SW26009284 | $1,250,000 | — |
| Jan 14, 2026 | Listed (Active) SDMLS #SW26009284 | $1,250,000 | — |
| Oct 22, 2025 | Withdrawn / Cancelled CRMLS #SW25143759 | $1,350,000 | — |
| Oct 22, 2025 | Withdrawn / Cancelled SDMLS #SW25143759 | $1,350,000 | — |
| Oct 22, 2025 | Withdrawn / Cancelled CLAW #SW25143759MR | — | |
| Aug 5, 2025 | Listed (Active) SDMLS #SW25143759 | $1,350,000 | — |
| Aug 5, 2025 | Listed (Active) CLAW #SW25143759MR | $1,350,000 | — |
| Aug 5, 2025 | Listed (Active) CRMLS #SW25143759 | $1,350,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 01/14/2026 | Listed (Active) CRMLS #SW26009284 | $1,250,000 |
| 01/14/2026 | Listed (Active) SDMLS #SW26009284 | $1,250,000 |
| 10/22/2025 | Withdrawn / Cancelled CRMLS #SW25143759 | $1,350,000 |
| 10/22/2025 | Withdrawn / Cancelled SDMLS #SW25143759 | $1,350,000 |
| 10/22/2025 | Withdrawn / Cancelled CLAW #SW25143759MR | — |
| 08/05/2025 | Listed (Active) SDMLS #SW25143759 | $1,350,000 |
| 08/05/2025 | Listed (Active) CLAW #SW25143759MR | $1,350,000 |
| 08/05/2025 | Listed (Active) CRMLS #SW25143759 | $1,350,000 |
For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 222 West Rice Street
Schools near 222 West Rice Street
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Charter - | K to 12 | |||
| Public - | 9 to 12 | |||
| Public - | K to 8 | |||
| Public - | K to 8 |
Rating | School | Distance |
|---|---|---|
Scale Leadership Academy - East CharterK to 12 | ||
Palo Verde High School Public9 to 12 | ||
Ruth Brown Elementary School PublicK to 8 | ||
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.
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Listing Courtesy of RE/MAX Blythe Realty, Jonathan Smith, DRE #01940912
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.