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

Blythe, CA, 92225
$ 3,000,000
Baths0.0 Sq 33,404

Monthly Estimate*

$ 18,716

545 East Hobsonway, Blythe, CA 92225 - Image 1
545 East Hobsonway, Blythe, CA 92225 - Image 2
545 East Hobsonway, Blythe, CA 92225 - Image 3
545 East Hobsonway, Blythe, CA 92225 - Image 4
Studio

Multi-Family Home for sale in Blythe, CA

for $3,000,000. 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

Studio

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

1.57

Year Built

1990

Town/City

Blythe

County/Region

Riverside

MLS | Web ID

0025617649

Features
General
Living Area 33404.0
Heating Combination
Zoning C2
Year Built 1990
Tenant Pays Electricity
Levels Two
County Riverside
Net Operating Income 357273.0
New Construction No
Property Type C
HOA No
Subdivision Name Briarbrook
Status Active
City Blythe
Senior Community Y/N No
MLS Area 374 - Blythe
Lot Size Units Square Feet
Lot Size Square Feet 68389.0
Spa Features In Ground
Standard Status Active
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Interior
Kitchen Appliances Disposal Refrigerator
Total Stories 2
Heating Y/N Yes
Total Baths 0
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Exterior
Parking Features Assigned
Lot Size Area 68389.0
Pool Y/N? Yes
Building Area Total 33404.0
Lot Dimensions 296x232
Lot Size Acres 1.57
Land Lease Type Fee
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* Excluded Features
List By
Manny Nunez

Listing Agent

Cb Richard Ellis, Inc.

Broker

Affordability Calculator

$18,716
Per Month
100%
0%
0%
Monthly Principal & Interest
$18,716
Monthly Property Taxes
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Monthly Home Insurance
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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
793437 Elementary School
793428 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
12/3/2025$3,000,000 -33.33% Price Down
11/19/2025$4,500,000 -10.00% Price Down
11/11/2025$5,000,000 Listed Price

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545 East 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 East Hobsonway is a studio with 0.0 baths and was built in 1990. The property's zip code is 92225 which is in Blythe, CA