330 Stewart Street

Blythe, CA 92225

$250,000
Price
6
Beds
4
Baths
1,848 Sq. Ft.
$135 / Sq. Ft.
1,848
Sq. Ft.
$135
per Sq. Ft.

Description

330 Stewart St is a two unit apartment located in Blythe. Constructed in 1989 and sitting on a large 8,276 SF Lot. Property consists of (2) 3 Bedroom / 2 Bath units totaling 1,848 SF. One of the leases is at $1,400 and the other unit is ready for move in! The property has two on-site parking with 1 car per unit. This investment presents a turnkey opportunity at 8.05 GRM and 7.25% Cap Rate on current rents. All units are separately metered for gas and electricity. Tenant is on a month to month lease....330 Stewart St is a two unit apartment located in Blythe. Constructed in 1989 and sitting on a large 8,276 SF Lot. Property consists of (2) 3 Bedroom / 2 Bath units totaling 1,848 SF. One of the leases is at $1,400 and the other unit is ready for move in! The property has two on-site parking with 1 car per unit. This investment presents a turnkey opportunity at 8.05 GRM and 7.25% Cap Rate on current rents. All units are separately metered for gas and electricity. Tenant is on a month to month lease. Property will be sold as is. The entire building has a brand new roof, flooring, kitchens, paint, and plumbing. This is a good opportunity for an owner user or investment!
  1. Listed by Evelyn Baez Gonzalez • DRE #02103055 • Brokerage DRE #01972083 • Lyon Stahl Investment Real Estate, Inc. • 951-902-3006

Property Details for 330 Stewart Street

Architectural Style
See Remarks
View
None
Parking Spaces Total
2
Private Pool
No
Cooling Type
Wall/Window
Total Units
2.0
Building Type
Attached
Lot Size Source
Assessor
LISTING UPDATED: 11/12/2024 09:18 PM

Property Details for 330 Stewart Street

StatusActive
MLS #SB24139798
Days on Market48
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1989
Lot Size0.19 AC / 8,276 SF
CountyRiverside County

Building Information for 330 Stewart Street

Stories1Residences-Year Built1989Building Size-Lot Size0.19 AC / 8,276 SF

Property Information for 330 Stewart Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $0
  • Gross Scheduled Income: $38,400
  • Vacancy Allowance Rate: 3
  • Gross Operating Income: $33,756
  • Net Operating Income: $20,311
  • Number Of Rented Garages: 0
  • Garage Rental Rate: $0
  • Garage Income: $0
  • Laundry Income: $0
  • Gross Multiplier: 8.05
  • Cap Rate: 7.25
Expense Details
  • Operating Expense: $13,445
  • Fuel Expense: $0
  • Electric Expense: $0
  • Insurance Expense: $4,000
  • Maintenance Expense: $0
  • Trash Expense: $0
  • Water Sewer Expense: $3,000
  • Total Expenses: $6,000
Tax / Assessment Info
  • Tax Block: 6
  • Tax Tract Number: 461.01
  • Tax Census Tract: 461.01
  • CFD/Mello-Roos Fee: $43
  • Tax Lot: 4
Community / Development
Community / Development
  • Community Features: Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Gas & Electric Dryer Hookup
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Central
  • Heating: Central
  • Flooring: Vinyl
Exterior Features
  • Roof: Shingle
  • Entry Location: 1
  • Fence: Yes
  • Fence: Other
  • Fencing: See Remarks
  • Foundation Details: Raised
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 2
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: One
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: See Remarks
  • Electric: Standard
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking: Yes
  • Parking Garage: Carport
  • Parking Garage Spaces: 0
  • Carport Spaces: 2
  • Parking Features: Carport
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,400
  • Unit Type Total Rent: $1,400
  • Unit Type Pro Forma: 1550
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $0
  • Unit Type Total Rent: $0
  • Unit Type Pro Forma: 1550
  • Unit Type Type: 2
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number With Refrigerator: 1
  • Number Wall AC: 4

Property History for 330 Stewart 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 330 Stewart Street

Taxable ValueLand$75,000Additions$175,000Total$250,000
Tax Record2024$2,814 ($235 / month)
Home Facts
Beds6Baths4Total Finished SqFt1,848 SqFtAbove Grade Finished SqFt1,848 SqFtStories1Lot Size8,276 SqFtStyleSingle Family ResidenceYear Built1989ZoningR2CountyRIVERSIDEAPN845-073-006Fireplace TypeHas Fireplace

Schools near 330 Stewart 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

Margaret White 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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330 Stewart Street is a multi-family home for sale in Blythe, CA 92225. This property was listed for sale on July 9, 2024 by Lyon Stahl Investment Real Estate, Inc., it's currently listed at $250,000. It has been on the market for a total of 48 days and was last sold on August 24, 2023. This listing's school district is Palo Verde Unified School District. Nearby schools include Scale Leadership Academy - East, Palo Verde High School and Margaret White Elementary School. 330 Stewart Street is a 6-bed, 4-bath, 1,848 sqft multi-family home built in 1989.

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 Lyon Stahl Investment Real Estate, Inc., Evelyn Baez Gonzalez, DRE #02103055

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.