155 North 3rd Street

Blythe, CA 92225

$450,000
Price
7
Beds
4
Baths
3,500 Sq. Ft.
$129 / Sq. Ft.
3,500
Sq. Ft.
$129
per Sq. Ft.

Description

This fantastic property presents a great opportunity for investors. The front home is a 3 bedroom 2 bathroom while the back duplex each unit is 2 bedroom 1 bathroom. All three units are on separate meters with individual parking for each tenant. Whether you're a savvy investor looking for triple rental income or a homeowner seeking additional rental units this is the property for you.This fantastic property presents a great opportunity for investors. The front home is a 3 bedroom 2 bathroom while the back duplex each unit is 2 bedroom 1 bathroom. All three units are on separate meters with individual parking for each tenant. Whether you're a savvy investor looking for triple rental income or a homeowner seeking additional rental units this is the property for you.
  1. Listed by Garrett McKean • DRE #02034922 • Brokerage DRE #01253315 • Blackbird Real Estate Group • 760-989-1180

Property Details for 155 North 3rd Street

Parking Spaces Total
0
Private Pool
No
Total Units
3.0
Building Type
Attached
Lot Size Source
Estimated
Living Area
3500
Assessor Parcel Number
845-153-012
Property Attached YN
true

Location

Listing Courtesy of Blackbird Real Estate Group, Garrett McKean, DRE #02034922
Add your commute
LISTING UPDATED: 12/26/2023 10:02 PM

Property Details for 155 North 3rd Street

StatusActive
MLS #OC23227055
Days on Market131
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1950
Lot Size0.09 AC / 3,920 SF
CountyRiverside County

Location

Listing Courtesy of Blackbird Real Estate Group, Garrett McKean, DRE #02034922
Add your commute

Building Information for 155 North 3rd Street

Stories1Residences-Year Built1950Building Size-Lot Size0.09 AC / 3,920 SF

Payment Calculator

$2,465 per month

30 year fixed, 7.25% Interest

Principal and Interest

$2,456

Property Taxes

$9

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 155 North 3rd Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $42,300
  • Gross Scheduled Income: $42,300
  • Vacancy Allowance: 0
  • Vacancy Allowance Rate: 0
  • Gross Operating Income: $42,300
  • Net Operating Income: $29,941
  • Cap Rate: 8.9
Expense Details
  • Operating Expense: $12,359
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $525
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $525
Tax / Assessment Info
  • Tax Block: 44
  • Tax Tract Number: NA
  • Tax Census Tract: 461.01
  • CFD/Mello-Roos Fee: $11
  • Tax Lot: 24
Community / Development
Community / Development
  • Community Features: Curbs, Hiking, Rural
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
Land/Lot Info
  • Additional Parcels Description: 845153013
  • Lot Features: 2-5 Units/Acre
  • Number Of Units: 3
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 0
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,650
  • Unit Type Total Rent: $1,650
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $950
  • Unit Type Total Rent: $950
  • Unit Type Pro Forma: 950
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $925
  • Unit Type Total Rent: $925
  • Unit Type Pro Forma: 925
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 3
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 3

Property History for 155 North 3rd Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

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

Public Records for 155 North 3rd Street

Taxable ValueLand$8,407Additions-Total$8,407
Tax Record2023$104 ($9 / month)
Home Facts
Beds0Lot Size3,920 SqFtStyleResidentialZoningR3CountyRIVERSIDEAPN845-153-012

Schools near 155 North 3rd 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

Ruth Brown Elementary School
PublicK to 8

Margaret White 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

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155 North 3rd Street is a multi-family home for sale in Blythe, CA 92225. This property was listed for sale on December 20, 2023 by Blackbird Real Estate Group, it's currently listed at $450,000. This listing's school district is Palo Verde Unified School District. Nearby schools include Scale Leadership Academy - East, Palo Verde High School and Ruth Brown Elementary School. 155 North 3rd Street is a 7-bed, 4-bath, 3,500 sqft multi-family home built in 1950.

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 expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Blackbird Real Estate Group, Garrett McKean, DRE #02034922

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.