1200 N Broadway, Blythe, California 92225, Blythe, 92225 - bed, bath

1200 N Broadway, Blythe, California 92225 home-pic-0
ACTIVE$399,000
1200 N Broadway, Blythe, California 92225
0Bed
0Bath
Sqft
44,430Lot
Year Built
1957
Close
-
List price
$399K
Original List price
$443K
Price/Sqft
$0
HOA
-
Days on market
-
Sold On
-
MLS number
OC25055763
Home ConditionFair
Features
Good View:
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $399.0K(60th), sqft - 0(20th), beds - undefined(50th), baths - undefined(50th).

Attention investors! Welcome to this lucrative multi-family income producing property in Blythe, CA! This hidden gem is located in a quiet area on the outskirts of town, but still within very close proximity to all the necessities. The 4-plex is situated on .24 acres and consists of 2 separate duplexes, each with a 1 bedroom/1 bathroom unit in front and a 2 bedroom/1 bathroom unit in back. The 2 bedroom units each come with refrigerator, stove, microwave, washer, dryer, and water softener. The 1 bedroom units are undergoing interior renovation that needs to be completed. Both 2-bedroom units are tenant occupied. All units have brand new roofs and have been freshly painted outside. There are 2 separate septic systems, one for each duplex, and a nearly new well. The property also contains a separate 0.78 acre parcel of agriculture land, with water rights, currently planted and farmed. You must see it to fully appreciate all it has to offer. Don't miss out on this opportunity to begin or expand your real estate investment portfolio!

Price History

Date
Event
Price
11/15/25
Price Change
$399,000
03/13/25
Listing
$443,000
Condition Rating
Fair

The property, built in 1957, has received significant recent updates including brand new roofs, fresh exterior paint, and a nearly new well, which are positive. However, the interior images reveal dated kitchens with older white appliances, light wood cabinets, and laminate countertops, as well as bathrooms with older fixtures and tile work. Bedrooms feature carpet and popcorn ceilings, indicating an older aesthetic. Crucially, the description states that the 1-bedroom units are 'undergoing interior renovation that needs to be completed,' meaning they are not move-in ready and require further investment. While major systems have seen recent attention, the overall interior condition and incomplete units necessitate substantial cosmetic updates and completion of ongoing work, aligning with a 'Fair' condition.
Pros & Cons

Pros

Multi-Family Income Potential: The property is a 4-plex with two 2-bedroom units already tenant-occupied, providing immediate and consistent rental income for investors.
Diversified Asset with Agricultural Land: Includes a separate 0.78-acre parcel of agricultural land with water rights, currently farmed, offering additional income streams or future development opportunities.
Significant Recent Upgrades: Features brand new roofs, fresh exterior paint, and a nearly new well, significantly reducing immediate capital expenditure for the new owner.
Equipped Tenant-Occupied Units: The two 2-bedroom units are tenant-occupied and come fully equipped with essential appliances (refrigerator, stove, microwave, washer, dryer, water softener), enhancing tenant appeal and ease of management.
Quiet yet Convenient Location: Situated in a quiet area on the outskirts of town, offering a peaceful environment while remaining in close proximity to essential necessities.

Cons

Incomplete Unit Renovations: The 1-bedroom units are currently undergoing interior renovation that needs to be completed, requiring additional investment and delaying their income generation.
Older Property Infrastructure & Private Utilities: Built in 1957, the property's age combined with reliance on two separate septic systems and a well, suggests potential for ongoing maintenance and less appeal compared to municipal services.
Market Specificity (Blythe, CA): Located in Blythe, a smaller and more remote market, which might influence the tenant pool, rental rate growth, and long-term property appreciation compared to properties in larger metropolitan areas.

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