316 South Spring Street

Blythe, CA 92225

$349,999
Price
1
Beds
4
Baths
3,400 Sq. Ft.
$103 / Sq. Ft.
3,400
Sq. Ft.
$103
per Sq. Ft.

Description

(To Be Sold with Adjacent Pacel of 4 Addition Units. Listing ID: WS24228147). 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!(To Be Sold with Adjacent Pacel of 4 Addition Units. Listing ID: WS24228147). 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
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
3400
Assessor Parcel Number
848-123-002
Property Attached YN
true
LISTING UPDATED: 11/08/2024 03:38 AM

Property Details for 316 South Spring Street

StatusActive
MLS #WS24228197
Days on Market43
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1957
Lot Size0.17 AC / 7,405 SF
CountyRiverside County

Building Information for 316 South Spring Street

Stories1Residences-Year Built1957Building Size-Lot Size0.17 AC / 7,405 SF

Property Information for 316 South Spring Street

Rental Info
Rental Info
  • Tenant Pays: Electricity
Income / Expense / Tax Details
Income Details
  • Gross Income: $29,900
  • Gross Scheduled Income: $28,500
  • Net Operating Income: $0
  • Other Income 1: $1,400
  • Current Financing: None
Expense Details
  • Operating Expense: $0
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $0
  • Total Expenses: $0
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
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
Land/Lot Info
  • 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: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Topography: Level
  • 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)
Unit Information
Unit 1
  • Unit Type Units Total: 4
  • 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 Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 0
  • Number Of Separate Water Meters: 0

Property History for 316 South Spring 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 316 South Spring Street

Taxable ValueLand$15,918Additions$92,855Total$108,773
Tax Record2024$1,291 ($108 / 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

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316 South Spring Street is a multi-family home for sale in Blythe, CA 92225. This property was listed for sale on November 5, 2024 by SUPREME INVESTMENT CORP, it's currently listed at $349,999. It has been on the market for a total of 43 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 1-bed, 4-bath, 3,400 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 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.