280 E Hobsonway

    Blythe, CA 92225
    • $349,888
    • STATUS: Active
    • ON SITE: 487 days
    • ID#: OC18014897
    UPDATED: 62 min ago
    $349,888
    • 0
      BEDS
    • 0.45
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 8,500
      SQFT
    • $41
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:
    Area:

    School Ratings & Info

    Description

    Great Deal. All but one unit is rehabbed. Four out of nine units are occupied. Seller lives far and is looking to retire. Otherwise it would be 100% occupied. Great for someone who lives in the vicinity or someone who is willing to put in the time to get it fully occupied. There are three store-front units allowing for great visibility to the main thoroughfare in Blythe. The one remaining un-rehabbed unit was once occupied by a dental office. The commercial building is made up of two parcel numbers, 848-062-003 and 848-062-004. There is ample parking in the parking lot and convenient street parking for the store front units.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-05-23T12:31:46.83. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.fredsedgroup.com/homes/80126203

    280 E Hobsonway Blythe, CA 92225

    • Price: $349,888
    • Status: Active
    • Updated: 62 min ago
    • ID#: OC18014897
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.45
    Acres
    8,500
    SQFT
    $41
    $/SQFT
    Neighborhood:
    374 - Blythe
    County:
    Riverside
    Area:
    374 - Blythe
    Property Description
    Great Deal. All but one unit is rehabbed. Four out of nine units are occupied. Seller lives far and is looking to retire. Otherwise it would be 100% occupied. Great for someone who lives in the vicinity or someone who is willing to put in the time to get it fully occupied. There are three store-front units allowing for great visibility to the main thoroughfare in Blythe. The one remaining un-rehabbed unit was once occupied by a dental office. The commercial building is made up of two parcel numbers, 848-062-003 and 848-062-004. There is ample parking in the parking lot and convenient street parking for the store front units.
    Exterior Features

    Lot Features 6-10 Units/AcreRectangular Lot Lot Size Dimensions W150x155 Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Accounting Type Proforma Additional Parcels YN No Asset Class OfficeRetailSpecialty Building Area Units Square Feet Building Status Existing Cap Rate 11.83 Country Us Expense Year 2017 Insurance Expense 2975.00 Land Lease YN No Land Use OfficeOtherRetail Laundry YN No Leasable Area Units Square Feet Lot Dimensions Source Assessor Maintenance Expense 2250.00 Max Total Area Units Square Feet Min Total Area Units Square Feet Number Of Units Leased 5 Property Sub Type Retail Real Estate Tax Expense 5250.00 Retail Center Type Community/Specialty Special Listing Conditions Standard Tax Annual Amount 5250.00 Tax Rate 1.19 Tax Year 2017 Total Expenses 10475.00 Water Source Public

    Listing provided courtesy of Daniel Escutia of Esen Real Estate Services


    Based on information from California Regional Multiple Listing Service, Inc. as of 2019-05-23T12:31:46.83. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Fred Sed Realty - Keller Williams
    4010 Barranca Pkwy Suite 100
    Irvine CA, 92604