316 S Spring St

$649,000
Price
2
Beds
8
Baths
6,000 Sq. Ft.
$108 / Sq. Ft.
6,000
Sq. Ft.
$108
per Sq. Ft.

Description

Fantastic Income Producing Multi-Family Property with exceptional room to raise Rents! All 8-Units are Fully Occupied with each Occupant having a Month-to-Month Tenancy. With Market Rents continuously increasing at a steady pace, raising value and producing a steady stream of high rental income should come at ease for any investor. Acquire S. Spring St. Today and continue to build your portfolio with this solid asset!Fantastic Income Producing Multi-Family Property with exceptional room to raise Rents! All 8-Units are Fully Occupied with each Occupant having a Month-to-Month Tenancy. With Market Rents continuously increasing at a steady pace, raising value and producing a steady stream of high rental income should come at ease for any investor. Acquire S. Spring St. Today and continue to build your portfolio with this solid asset!
  1. Listed by JAKE BARBOSA • DRE #02029383 • Brokerage DRE #01902522 • SUPREME INVESTMENT CORP • 909-973-1464

Property Details for 316 South Spring Street

Parking Spaces Total
0
Private Pool
No
Total Units
8.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
6000
Assessor Parcel Number
848-123-002
Property Attached YN
true
LISTING UPDATED: 12/01/2025 06:48 AM

Property Details for 316 South Spring Street

StatusActive
MLS #WS25097446
Days on Market232
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income / Res Income 2-4 Units
Year Built1957
CountyRiverside County

Location

Listing Courtesy of SUPREME INVESTMENT CORP, JAKE BARBOSA, DRE #02029383
Add your commute

Building Information for 316 South Spring Street

Building/Complex316 S Spring StFloor-Stories1Residences-Pet Policy-Pet Policy Details-Year Built1957Building Size-

Payment Calculator

$3,314 per month

30 year fixed, 6.28% Interest

Principal and Interest

$3,207

Property Taxes

$107

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 316 South Spring Street

Rental Info
Rental Info
  • Tenant Pays: Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $57,000
  • Gross Scheduled Income: $57,000
  • Vacancy Allowance: 0
  • Vacancy Allowance Rate: 0
  • Net Operating Income: $45,756
  • Gross Multiplier: 11.39
  • Cap Rate: 7.05
  • Current Financing: None
Expense Details
  • Operating Expense: $11,244
  • Gardener Expense: $300
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $1,623
  • Professional Management Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $11,244
Tax / Assessment Info
  • Tax Tract Number: 462.00
  • CFD/Mello-Roos Fee: $0
  • Tax Lot: 15
Community / Development
Community / Development
  • Assessments YN: Yes
  • Assessments: Special Assessments
  • Community Features: Curbs, Sidewalks, Suburban
  • Community: The Chanslor Place (37401)
Property / Structure Info
Interior Features
  • Room Type: All Bedrooms Down
  • Bedroom Features: All Bedrooms Down
  • Laundry: No
  • Laundry Features: None
  • Fireplace Features: None
  • Fireplace Rooms: None
Exterior Features
  • Entry Location: First / Street Level
  • Fence: Yes
  • Fence: Chain Link
  • Fencing: Chain Link
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Additional Parcels Description: 848123001
  • Lot Features: Cul-De-Sac, Front Yard, Lawn, Level with Street, Lot 20000-39999 Sqft, Rectangular Lot, Level, Near Public Transit, Yard
  • Number Of Units: 8
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Available, Sewer Connected, Water Connected
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Unassigned
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
  • Parking Features: Unassigned
Property / Structure Info
  • Builders Tract Name: The Chanslor Place
  • Builders Tract Code: The Chanslor Place (37401)
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 6
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Partially
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $600
  • Unit Type Total Rent: $600
  • Unit Type Pro Forma: 1000
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Partially
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $575
  • Unit Type Total Rent: $575
  • Unit Type Pro Forma: 1000
  • Unit Type Type: 2
Unit Information
  • Number Of Units Leased: 8
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 8
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0

Property History for 316 South Spring Street

DateEvent & SourcePriceAppreciation
May 3, 2025

Price Change

CRMLS #WS25097471

$649,000—
May 2, 2025

Expired

CRMLS #WS24228197

—
May 2, 2025

Listed (Active)

CLAW #WS25097446MR

$649,000—
May 2, 2025

Listed (Active)

CRMLS #WS25097446

$649,000—
May 2, 2025

Listed (Active)

CRMLS #WS25097471

$649—
May 2, 2025

Listed (Active)

SDMLS #WS25097446

$649,000—
May 1, 2025

Expired

SDMLS #WS24228197

$649,000—
May 1, 2025

Expired

CLAW #WS24228197MR

$649,000—
Feb 12, 2025

Price Change

CRMLS #WS24228197

$649,000—
Feb 12, 2025

Price Change

CLAW #WS24228197MR

$324,500—
Feb 12, 2025

Price Change

CRMLS #WS24228197

$324,500—
Nov 5, 2024

Listed (Active)

CRMLS #WS24228197

$349,999—
Nov 5, 2024

Listed (Active)

CLAW #WS24228197MR

$349,999—
Nov 5, 2024

Listed (Active)

SDMLS #WS24228197

$349,999—
May 14, 2013

Sold

CLAW #IV13002906MR

$20,000—
May 14, 2013

Sold

CRMLS #IV13002906

$20,000—
Jan 15, 2013

Sold (Public Record)

Public Record #352688639

$20,000

-8.3% / yr

Jan 11, 2013

Pending

CLAW #IV13002906MR

—
Jan 11, 2013

Pending

CRMLS #IV13002906

—
Jan 8, 2013

Listed (Active)

CLAW #IV13002906MR

$35,000—
Jan 8, 2013

Listed (Active)

CRMLS #IV13002906

$35,000—
Oct 4, 2010

Price Change

GPSMLS #21409787

$24,412—
Oct 4, 2010

Sold

GPSMLS #21409787

—
Oct 4, 2010

Listed (Active)

GPSMLS #21409787

$59,900—
Sep 30, 2010

Expired

GPSMLS #21404328

$59,900—
Sep 27, 2010

Sold (Public Record)

Public Record #296553765

$24,412

-47.2% / yr

Sep 27, 2010

Sold

CRMLS #21409787DA

$24,412—
Aug 28, 2010

Pending

CRMLS #21409787DA

—
Jul 29, 2010

Listed (Active)

GPSMLS #21404328

$59,900—
Jul 22, 2010

Listed (Active)

CRMLS #21404328DA

$59,900—
Jun 30, 2010

Expired

GPSMLS #21400007

$59,900—
Jun 3, 2010

Listed (Active)

GPSMLS #21400007

$59,900—
Jun 2, 2010

Listed (Active)

CRMLS #21400007DA

$59,900—
May 13, 2010

Expired

GPSMLS #21391021

$59,900—
Feb 18, 2010

Price Change

GPSMLS #21391021

$74,750—
Feb 18, 2010

Price Change

CRMLS #21409787DA

$59,900—
Feb 18, 2010

Listed (Active)

GPSMLS #21391021

$59,900—
Feb 18, 2010

Listed (Active)

CRMLS #21391021DA

$74,750—
Feb 24, 2009

Withdrawn / Cancelled

GPSMLS #21333728

$189,000—
Feb 24, 2009

Withdrawn / Cancelled

CRMLS #21333728DA

$189,000—
Oct 26, 2008

Expired

CRMLS #S957319

$199,000—
Oct 26, 2008

Expired

CLAW #S957319MR

—
Jun 8, 2008

Price Change

GPSMLS #21333728

$199,000—
Jun 8, 2008

Listed (Active)

CRMLS #21333728DA

$199,000—
Jun 8, 2008

Listed (Active)

GPSMLS #21333728

$189,000—
Oct 27, 2007

Listed (Active)

CLAW #S957319MR

$199,000—
Oct 27, 2007

Listed (Active)

CRMLS #S957319

$199,000—
Sep 7, 2007

Withdrawn / Cancelled

CRMLS #21294259DA

$189,000—
Sep 6, 2007

Withdrawn / Cancelled

GPSMLS #21294259

$189,000—
Jun 19, 2007

Sold

CLAW #S941468MR

$235,000—
Jun 19, 2007

Sold

CRMLS #S941468

$235,000—
Jun 9, 2007

Price Change

GPSMLS #21294259

$248,000—
Jun 9, 2007

Listed (Active)

GPSMLS #21294259

$189,000—
Jun 8, 2007

Listed (Active)

CRMLS #21294259DA

$248,000—
Jun 6, 2007

Withdrawn / Cancelled

CRMLS #21280390DA

$298,000—
Jun 5, 2007

Withdrawn / Cancelled

GPSMLS #21280390

$298,000—
Apr 4, 2007

Sold (Public Record)

Public Record #218700102

$225,000

+59.8% / yr

Feb 12, 2007

Listed (Active)

CRMLS #S941468

$298,000—
Feb 12, 2007

Listed (Active)

CLAW #S941468MR

$298,000—
Feb 8, 2007

Listed (Active)

GPSMLS #21280390

$298,000—
Feb 7, 2007

Listed (Active)

CRMLS #21280390DA

$298,000—
Nov 30, 2005

Sold (Public Record)

Public Record #169216094

$120,000—
DateEvent & SourcePrice
05/03/2025

Price Change

CRMLS #WS25097471

$649,000
05/02/2025

Expired

CRMLS #WS24228197

—
05/02/2025

Listed (Active)

CLAW #WS25097446MR

$649,000
05/02/2025

Listed (Active)

CRMLS #WS25097446

$649,000
05/02/2025

Listed (Active)

CRMLS #WS25097471

$649
05/02/2025

Listed (Active)

SDMLS #WS25097446

$649,000
05/01/2025

Expired

SDMLS #WS24228197

$649,000
05/01/2025

Expired

CLAW #WS24228197MR

$649,000
02/12/2025

Price Change

CRMLS #WS24228197

$649,000
02/12/2025

Price Change

CLAW #WS24228197MR

$324,500
02/12/2025

Price Change

CRMLS #WS24228197

$324,500
11/05/2024

Listed (Active)

CRMLS #WS24228197

$349,999
11/05/2024

Listed (Active)

CLAW #WS24228197MR

$349,999
11/05/2024

Listed (Active)

SDMLS #WS24228197

$349,999
05/14/2013

Sold

CLAW #IV13002906MR

$20,000
05/14/2013

Sold

CRMLS #IV13002906

$20,000
01/15/2013

Sold (Public Record)

Public Record #352688639

$20,000

-8.3% / yr

01/11/2013

Pending

CLAW #IV13002906MR

—
01/11/2013

Pending

CRMLS #IV13002906

—
01/08/2013

Listed (Active)

CLAW #IV13002906MR

$35,000
01/08/2013

Listed (Active)

CRMLS #IV13002906

$35,000
10/04/2010

Price Change

GPSMLS #21409787

$24,412
10/04/2010

Sold

GPSMLS #21409787

—
10/04/2010

Listed (Active)

GPSMLS #21409787

$59,900
09/30/2010

Expired

GPSMLS #21404328

$59,900
09/27/2010

Sold (Public Record)

Public Record #296553765

$24,412

-47.2% / yr

09/27/2010

Sold

CRMLS #21409787DA

$24,412
08/28/2010

Pending

CRMLS #21409787DA

—
07/29/2010

Listed (Active)

GPSMLS #21404328

$59,900
07/22/2010

Listed (Active)

CRMLS #21404328DA

$59,900
06/30/2010

Expired

GPSMLS #21400007

$59,900
06/03/2010

Listed (Active)

GPSMLS #21400007

$59,900
06/02/2010

Listed (Active)

CRMLS #21400007DA

$59,900
05/13/2010

Expired

GPSMLS #21391021

$59,900
02/18/2010

Price Change

GPSMLS #21391021

$74,750
02/18/2010

Price Change

CRMLS #21409787DA

$59,900
02/18/2010

Listed (Active)

GPSMLS #21391021

$59,900
02/18/2010

Listed (Active)

CRMLS #21391021DA

$74,750
02/24/2009

Withdrawn / Cancelled

GPSMLS #21333728

$189,000
02/24/2009

Withdrawn / Cancelled

CRMLS #21333728DA

$189,000
10/26/2008

Expired

CRMLS #S957319

$199,000
10/26/2008

Expired

CLAW #S957319MR

—
06/08/2008

Price Change

GPSMLS #21333728

$199,000
06/08/2008

Listed (Active)

CRMLS #21333728DA

$199,000
06/08/2008

Listed (Active)

GPSMLS #21333728

$189,000
10/27/2007

Listed (Active)

CLAW #S957319MR

$199,000
10/27/2007

Listed (Active)

CRMLS #S957319

$199,000
09/07/2007

Withdrawn / Cancelled

CRMLS #21294259DA

$189,000
09/06/2007

Withdrawn / Cancelled

GPSMLS #21294259

$189,000
06/19/2007

Sold

CLAW #S941468MR

$235,000
06/19/2007

Sold

CRMLS #S941468

$235,000
06/09/2007

Price Change

GPSMLS #21294259

$248,000
06/09/2007

Listed (Active)

GPSMLS #21294259

$189,000
06/08/2007

Listed (Active)

CRMLS #21294259DA

$248,000
06/06/2007

Withdrawn / Cancelled

CRMLS #21280390DA

$298,000
06/05/2007

Withdrawn / Cancelled

GPSMLS #21280390

$298,000
04/04/2007

Sold (Public Record)

Public Record #218700102

$225,000

+59.8% / yr

02/12/2007

Listed (Active)

CRMLS #S941468

$298,000
02/12/2007

Listed (Active)

CLAW #S941468MR

$298,000
02/08/2007

Listed (Active)

GPSMLS #21280390

$298,000
02/07/2007

Listed (Active)

CRMLS #21280390DA

$298,000
11/30/2005

Sold (Public Record)

Public Record #169216094

$120,000

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

Public Records for 316 South Spring Street

Taxable ValueLand$16,236Additions$94,712Total$110,948
Tax Record2025$1,281 ($107 / month)
Home Facts
Total Finished SqFt1,836 SqFtAbove Grade Finished SqFt1,836 SqFtStories1Lot Size7,405 SqFtStyleQuadraplexYear Built1950ZoningRMLCountyRIVERSIDEAPN848-123-002

Schools near 316 South Spring Street

This home is within Palo Verde Unified School District.
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

Felix J. Appleby Elementary School
PublicK to 8

Ruth Brown 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

316 South Spring Street is a multi-family home for sale in Blythe, CA 92225. This property was listed for sale on May 2, 2025 by SUPREME INVESTMENT CORP, it's currently listed at $649,000. It has been on the market for a total of 232 days and was last sold on May 14, 2013. This listing's school district is Palo Verde Unified School District. Nearby schools include Scale Leadership Academy - East, Palo Verde High School and Felix J. Appleby Elementary School. 316 South Spring Street is a 2-bed, 8-bath, 6,000 sqft multi-family home built in 1957.

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 SUPREME INVESTMENT CORP, JAKE BARBOSA, DRE #02029383

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.