2139 Thomas Dr., Blythe, California 92225, Blythe, 92225 - bed, bath
ACTIVE$777,000$5,200/sqft
2139 Thomas Dr., Blythe, California 92225
0Bed
0Bath
5,200Sqft
40,000Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Diversified Income Stream: An 8-unit, fully furnished property with a mix of short and long-term tenants offers immediate, flexible, and diversified rental income potential.
Top Cons:
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =40000, other record lot size in square feet = 37897. Living area discrepancy between mls listing and other public or private record. mls listing living area = 5200, other record living area = 1296.
Compared to the nearby listings
Compared against 0 nearby listings
More Insights
Built in 1972 (54 years old).
Condition: Despite being built in 1972, the property underwent an extensive renovation in 2021, which is within the 5-year window for an 'Excellent' rating. The images confirm modern appliances (stainless steel range, LG stacked washer/dryer), updated kitchen cabinets and countertops, and a stylish, contemporary bathroom with a vessel sink and patterned tile. The flooring is consistent and appears new, and the overall aesthetic is fresh and well-maintained, indicating virtually new components and no deferred maintenance.
Year Built
1972
Close
-
List price
$777K
Original List price
$777K
Price/Sqft
$149
HOA
-
Days on market
-
Sold On
-
MLS number
OC26000611
Home ConditionExcellent
Features
View-
About this home
Fully furnished 8 unit property with 3 buildings. All units are well-styled and have modern appliances and amenities Lot size is just under an acre offering parking for any level of need. Looking for a Airbnb opportunity? This is the one. Property is low maintenance and was renovated in 2021 and has since been well maintained. Tenants are a mix of short and longterm tenants. Great investment opportunity.
K
Kim Kelley
Listing Agent
Price History
Date
Event
Price
09/27/21
Sold
$200,000
Condition Rating
Excellent
Despite being built in 1972, the property underwent an extensive renovation in 2021, which is within the 5-year window for an 'Excellent' rating. The images confirm modern appliances (stainless steel range, LG stacked washer/dryer), updated kitchen cabinets and countertops, and a stylish, contemporary bathroom with a vessel sink and patterned tile. The flooring is consistent and appears new, and the overall aesthetic is fresh and well-maintained, indicating virtually new components and no deferred maintenance.
Pros & Cons
Pros
Diversified Income Stream: An 8-unit, fully furnished property with a mix of short and long-term tenants offers immediate, flexible, and diversified rental income potential.
Recent Renovation & Modern Appeal: Renovated in 2021 with modern appliances and amenities, ensuring the property is attractive to tenants and minimizes immediate capital expenditures for a new owner.
Low Maintenance Operation: Explicitly described as low maintenance, which contributes to reduced operational costs and a more streamlined management experience for the investor.
Ample Parking & Large Lot: The nearly one-acre lot provides extensive parking, a significant advantage for an 8-unit complex, and potential for future property enhancements or expansion.
High Airbnb Potential: Positioned as an excellent Airbnb opportunity, indicating strong potential for higher revenue generation through short-term rentals, complementing the stability of long-term leases.
Cons
MLS Listing Discrepancy: Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =40000, other record lot size in square feet = 37897. Living area discrepancy between mls listing and other public or private record. mls listing living area = 5200, other record living area = 1296.
Significant Price Appreciation: The current list price of $777,000 represents a substantial increase from its $200,000 sale price in 2021, necessitating thorough market analysis to validate the current valuation.
Niche Market Location: Located in Blythe, a more remote desert community, the property's rental demand for both short and long-term tenants may be more specialized or limited compared to properties in larger, more active markets.
Original Construction Age: While recently renovated, the buildings' original construction year of 1972 suggests potential for underlying infrastructure issues (e.g., plumbing, electrical systems) that may not have been fully addressed in the 2021 renovation.