535 West Barnard Street

Blythe, CA 92225

$2,395,000
Price
3
Beds
32
Baths
14,525 Sq. Ft.
$165 / Sq. Ft.
14,525
Sq. Ft.
$165
per Sq. Ft.

Description

Excellent investment opportunity to own 32 units! $267,000 annual rental income! Offered 100% occupied! 5.6% bank loan available with 20% down.Excellent investment opportunity to own 32 units! $267,000 annual rental income! Offered 100% occupied! 5.6% bank loan available with 20% down.
  1. Listed by Emmett Dalton • DRE #00959147 • Brokerage DRE #00959147 • Dalton Real Estate • 805-380-6132

Property Details for 535 West Barnard Street

Parking Spaces Total
32
Private Pool
No
Cooling Type
Other/Remarks
Total Units
32.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
14525
Assessor Parcel Number
845-030-005
LISTING UPDATED: 12/20/2024 07:40 AM

Property Details for 535 West Barnard Street

StatusActive
MLS #OC24173724
Days on Market20
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1962
CountyRiverside County

Building Information for 535 West Barnard Street

Building/Complex535 W Barnard StFloor-Stories2Residences-Pet Policy-Year Built1962Building Size-

Property Information for 535 West Barnard Street

Income / Expense / Tax Details
Income Details
  • Gross Income: $267,204
  • Gross Scheduled Income: $267,204
  • Net Operating Income: $179,862
Expense Details
  • Operating Expense: $99,133
  • Insurance Expense: $4,500
  • Professional Management Expense: $14,161
  • Trash Expense: $12,000
  • Water Sewer Expense: $12,000
  • Total Expenses: $81,998
Tax / Assessment Info
  • Tax Block: 2
  • Tax Tract Number: 1
  • Tax Census Tract: 461.02
  • CFD/Mello-Roos Fee: $458
  • Tax Lot: 2
Community / Development
Community / Development
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Inside, See Remarks
  • Cooling: See Remarks
  • Heating Type: Other
  • Heating: See Remarks
  • Heat Equipment: Other/Remarks
Exterior Features
  • Entry Location: 1
  • Pool Features: Community
  • Pool: Community/Common
Land/Lot Info
  • Lot Features: Greenbelt
  • Number Of Units: 32
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 0
  • Parking Garage Spaces: 0
  • Carport Spaces: 32
Property / Structure Info
  • Builders Tract Name: Other
  • Builders Tract Code: Other (OTHR)
Unit Information
Unit 1
  • Unit Type Units Total: 12
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $10,253
  • Unit Type Total Rent: $10,253
  • Unit Type Pro Forma: 12600
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 17
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $12,336
  • Unit Type Total Rent: $12,336
  • Unit Type Pro Forma: 14450
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 3
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 0
  • Unit Type Actual Rent: $1,744
  • Unit Type Total Rent: $1,744
  • Unit Type Pro Forma: 1950
  • Unit Type Type: 3
Unit Information
  • Rent Controlled: No
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 32
  • Number Of Separate Gas Meters: 32
  • Number Of Separate Water Meters: 1

Property History for 535 West Barnard 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 535 West Barnard Street

Taxable ValueLand$268,048Additions$1,081,589Total$1,349,637
Tax Record2024$15,432 ($1,286 / month)
Home Facts
Total Finished SqFt8,100 SqFtAbove Grade Finished SqFt8,100 SqFtStories2Lot Size45,738 SqFtStyleMulti-Family Res (5+ Units)Year Built1962ZoningR3CountyRIVERSIDEAPN845-030-005

Schools near 535 West Barnard 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 - 9 to 12
Rating
School
Distance
Scale Leadership Academy - East
CharterK to 12

Palo Verde High School
Public9 to 12

Margaret White Elementary School
PublicK to 8

Twin Palms Continuation School
Public9 to 12

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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535 West Barnard Street is a multi-family home for sale in Blythe, CA 92225. This property was listed for sale on September 26, 2024 by Dalton Real Estate, it's currently listed at $2,395,000. It has been on the market for a total of 20 days and was last sold on July 29, 2019. 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. 535 West Barnard Street is a 3-bed, 32-bath, 14,525 sqft multi-family home built in 1962.

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 Dalton Real Estate, Emmett Dalton, DRE #00959147

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.