CA > Blythe > Briarbrook
Blythe, CA 92225,545 E Hobsonway
Blythe, CA 92225,545 E Hobsonway
Blythe, CA 92225,545 E Hobsonway
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The Warburton Team Brokered By EXp

The Warburton Team Brokered By EXp

The Warburton Team

+1(626) 630-2141
$5,000,000
Est. payment /mo
46 Beds
47 Baths
33,404 SqFt
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UPDATED:

Key Details

Property Type Single Family Home

Listing Status Active

Purchase Type For Sale

Square Footage 33,404 sqft

Price per Sqft $149

Subdivision Briarbrook

MLS Listing ID 25617649

Bedrooms 46

HOA Y/N No

Year Built 1990

Lot Size 1.570 Acres

Property Description

Seller will carry and property may be eligible for 100% Bonus depreciation, contact listing agent for more information. For Sale is 545 E Hobson Way a rare opportunity to acquire a 100% vacant turnkey multifamily conversion located in the heart of Blythe, California. Originally constructed as a 60-key hotel, the property has been repositioned into 47 apartment units (C of O pending), offering a unique blend of modernized living spaces and value-add potential. Situated along Hobson Way, the city's primary commercial corridor, the property benefits from excellent visibility, convenient access to Interstate10, and proximity to retail, employment centers, and lifestyle amenities. Blythe's strategic position between Los Angeles, Phoenix, and the Coachella Valley makes it an attractive hub for renters seeking affordability in Southern California. With increasing barriers to new construction and the growing need for affordable housing across the Inland Empire and outlying markets, 545 E Hobson Way is positioned as a recession-resilientasset. The property provides investors with multiple paths for growth and an excellent hedge against inflation.

Location

State CA

County Riverside

Area 374 - Blythe

Zoning C2

Interior

Heating Combination

Fireplace No

Appliance Disposal, Refrigerator

Exterior

Parking Features Assigned

Pool In Ground

Total Parking Spaces 47

Building

Story 2

Entry Level Two

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 845164001

Special Listing Condition Standard

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CRMLS – RECore
Listed by Manny Nunez CB Richard Ellis, Inc.

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