545 E Hobsonway Blythe, CA $ 3,000,000
545 E Hobsonway
$ 3,000,000
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545 E Hobsonway

Blythe, CA, 92225
$ 3,000,000
Bedrooms46 Baths9.0 Sq 33,404

Monthly Estimate*

$ 18,716

Listed by CB Richard Ellis, Inc.
545 E Hobsonway, Blythe, CA 92225 - Image 1
545 E Hobsonway, Blythe, CA 92225 - Image 2
545 E Hobsonway, Blythe, CA 92225 - Image 3
545 E Hobsonway, Blythe, CA 92225 - Image 4
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Multi-Family Home for sale in Blythe, CA

for $3,000,000 with 46 bedrooms and 9 full baths. This 33,404 square foot home was built in 1990 on a lot size of 1.57.

Seller will carry and property may be eligible for 100% Bonus depreciation, contact listing agent for more information. For Sale is 545 E Hobson Way a rare opportunity to acquire a 100% vacant turnkey multifamily conversion located in the heart of Blythe, California. Originally constructed as a 60-key hotel, the property has been repositioned into 47 apartment units (C of O pending), offering a unique blend of modernized living spaces and value-add potential. Situated along Hobson Way, the city's primary commercial corridor, the property benefits from excellent visibility, convenient access to Interstate10, and proximity to retail, employment centers, and lifestyle amenities. Blythe's strategic position between Los Angeles, Phoenix, and the Coachella Valley makes it an attractive hub for renters seeking affordability in Southern California. With increasing barriers to new construction and the growing need for affordable housing across the Inland Empire and outlying markets, 545 E Hobson Way is positioned as a recession-resilientasset. The property provides investors with multiple paths for growth and an excellent hedge against inflation.

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Multi-Family Active

Price

$ 3,000,000

Bedrooms

46

Full Bath

9

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

1.57

Year Built

1990

Town/City

Blythe

County/Region

Riverside

MLS | Web ID

25617649

Days on Market

30

Features
General
Living Area 33404
Heating Combination
Appliances Disposal Refrigerator
Zoning C2
Pool Features In Ground
Year Built 1990
Tenant Pays Electricity
Stories Count 2
Levels Two
Gross Income 595860
County Riverside
Net Operating Income 357273
New Construction false
Property Type Residential Income
HOA false
Subdivision Name Briarbrook
Full Baths 0
Special Listing Conditions Standard
Status Active
Directions North of the 10 freeway west of the 95
City Blythe
Senior Community Y/N false
Number Of Units Total 47
MLS Area 374 - Blythe
Lot Size Units Square Feet
Lot Size Square Feet 68389
Standard Status Active
Cap Rate 12.46
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Interior
Total Stories 2
Heating Y/N true
Half Baths 0
1/4 Baths 0
3/4 Baths 0
Total Bedrooms 46
Total Baths 47
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Exterior
Parking Features Assigned
Total Parking 47
Lot Size Area 68389
Number of Buildings 2
Building Area Total 33404
Lot Dimensions 296x232
Lot Size Acres 1.57
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* Excluded Features
List By
Cb Richard Ellis, Inc.

Broker

manny.nunez@cbre.com

Email

Affordability Calculator

$18,716
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Monthly Principal & Interest
$18,716
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/3/2025$3,000,000 -40.00% Price Down
11/20/2025$5,000,000 Listed Price

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545 E Hobsonway, Blythe, CA, 92225 is a Multi-Family Home for sale at $3,000,000 with 33,404 sqft and a lot size of 1.57. 545 E Hobsonway has 46 bedrooms, 9.0 baths, and was built in 1990. The property's zip code is 92225 which is in Blythe, CA