4-Unit Apartment Building with Stable Income Discover an excellent investment opportunity with this fully occupied 4-unit apartment building, featuring recent upgrades and reliable, long-term tenants. The front house boasts brand-new luxury vinyl plank flooring installed in 2025, complemented by a replaced subfloor and updated plumbing for enhanced durability and appeal. The three rear units are equipped with tile flooring and new mini-split air-conditioning units, ensuring tenant comfort and low maintenance. Current Rents: $2,740 per month, generating consistent cash flow. Tenant Profile: All units are occupied by long-term tenants with a proven history of on-time rent payments, offering stability for investors. Utilities: Tenants pay electric; landlord covers water and gas, simplifying expense management. Recent Upgrades: Luxury vinyl planks (2025), new subfloor, and updated plumbing in the front house; tile flooring and modern mini-split A/C units in the rear units. This property is ideal for investors seeking a turnkey rental with strong occupancy and recent improvements. Don’t miss this opportunity to own a low-maintenance, income-producing asset in a desirable location. Contact us today for more details or to schedule a viewing!
Multi-familyProperty Type
1957Year Built
7,405 sq ftLot Size
$133Est. Price/Sq.Ft.
1 garage spacesParking
Listed by Jonathan Smith•DRE #01940912• RE/MAX Blythe Realty
Listed by Catherine Garcia•DRE #02215514• RE/MAX Blythe Realty
Contact: 5597416055
Bought with General NONMEMBER•DRE #01901047• NONMEMBER MRML
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Beds
—
Baths
—
Stories
1
Lot width
—
Lot depth
—
Lot size
7,405 Sq. Ft.
Year renovated
1941
Sq. Ft.
—
Year built
1941
Style
Other
County
Riverside County
APN
848123004
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 8, 2026.
Property details
Parking
Parking / Garage Information
Uncovered Spaces: 3
# of Carport Spaces: 2
# of Garage Spaces: 1
Assigned, Carport
Has Parking
# of Parking Spaces: 6
Interior
Laundry Information
Has Laundry
Inside
Cooling Information
Ductless
Has Cooling
Room Information
Kitchen
Flooring Information
Tile, Vinyl
Heating Information
Ductless
Has Heating
Interior Features
Entry Level: 1
Entry Location: 1
Levels: One
Exterior
Exterior Information
Roof: Shingle
Fencing: Chain Link
Has Fence
Construction Materials: Block, Stucco
Foundation Information
Foundation Details: Raised, Concrete Slab
Exterior Features
Pool Features: None
Lot Information
Elevation Units: Feet
Lot Size Source: Assessor's Data
Lot Features: Lot-Level/Flat
Property Information
Total # of Units: 4
Common Walls: 2+ common walls
Parcel Number: 848123004
Attached Property
Property Condition: Repairs Cosmetic
Total # of Stories: 1
Year Built Source: Assessor
Property ADU: No
Financial
Lease / Rental Details
Operating Expense: $13,466
Tenant Pays: Electricity
Total Actual Rent: $32,880
Utilities
Utilities Information
Sewer: Public Sewer
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Water Source: District/Public
Location
Unit Type 1 Information
Unit Key Numeric: 11803259
Listing Key Numeric: 374457589
Actual Rent: $990
Total # of Baths: 1
# of Baths Full: 1
Total # of Beds: 2
# of Garage Spaces: 1
Furnished: Unfurnished
Total Rent: $990
Total # of Units: 1
Unit Type 2 Information
Unit Key Numeric: 11803260
Listing Key Numeric: 374457589
Actual Rent: $575
Total # of Baths: 1
# of Baths Full: 1
Furnished: Unfurnished
Total Rent: $1,150
Total # of Units: 2
Unit Type 3 Information
Listing Key Numeric: 374457589
Unit Key Numeric: 11803261
Actual Rent: $600
Total # of Baths: 1
# of Baths Full: 1
Furnished: Unfurnished
Total Rent: $600
Total # of Units: 1
Expenses
Fuel Expense: $1,500
Trash: $1
Total: $13,466
Insurance: $4,765
Water Sewer: $7,200
Multi-Unit Information
Net Operating Income: $12,480
Average 3 Bed Area Units: Sq. Ft.
Average 2 Bed Area Units: Sq. Ft.
Average 2 Bed Area: 950
Average 1 Bed Area Units: Sq. Ft.
Sq. Ft.
Total Building Area: 1,917
Gross Scheduled Income: $32,880
Gross Income: $32,880
# Of Leased Units: 4
# Of Separate Water Meters: 1
# Of Separate Gas Meters: 1
# Of Separate Electric Meters: 4
# Of Buildings: 2
Neighborhood Information
Community Features: Sidewalks
Location Information
Latitude: 33.60595800
Longitude: -114.59774400
Other Subdivision Name: na
Directions: From RE/MAX Blythe Realty: Head east on hobsonway, go south on broadway, west onto donlon and head south on Spring st. property is on your left.
Subdivision Name: Other (OTHR)
Zoning: R3
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: 1.0
Lot Size: 7,405 square feet
Style: Other
Year Built: 1941
Year Renovated: 1941
County: Riverside County
APN: 848123004
Home facts updated by county records on Aug 8, 2026
Other
Listing Information
IDX Contact Info: 5597416055
Days Active in MLS: 59
Continuous Days Active in MLS: 59
Listing Agent Information
List Agent First Name: Jonathan
List Agent Last Name: Smith
Co-List Agent First Name: Catherine
Co-List Agent Last Name: Garcia
Listing Office Information
List Office Name: RE/MAX Blythe Realty
Co-List Office Name: RE/MAX Blythe Realty
Selling Agent Information
Buyer Agent First Name: General
Buyer Agent Last Name: NONMEMBER
Selling Office Information
Buyer Office Name: NONMEMBER MRML
Around this home
Schools
Felix J. Appleby Elementary School
Public K-8 • Assigned • 0.6mi
2/10
Palo Verde High School
Public 9-12 • Assigned • 1.1mi
3/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Climate risks
7/10 Flood Factor
Estimated 55-67% chance of a flood reaching the building in the next 30 years
1/10 Fire Factor
Unlikely to be in a wildfire in next 30 years
10/10 Heat Factor
7 days above 116° expected this year, 19 days in 30 years
1/10 Wind Factor
Minimal risk of severe winds over next 30 years
2/10 Air Factor
1 unhealthy days expected this year, 1 days in 30 years
Provided by First Street
Historical weather
Blythe, CA • 92225
Average low and high temperatures (°F)
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Sun exposure
Try the sun simulator tool to see how light moves across the property at different times of day and year.