226 Cottonwood Lane, Blythe, California 92225, Blythe, 92225 - 4 bed, 3 bath
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Blythe, California 92225
This triplex is a Strong Value Opportunity, listed at $345,000—positioned well below the $381,121 Fair Market Value by 9%. This valuation gap offers $36,121 in Instant Equity. Featuring a Condition Rating of 2, the property offers Turnkey Renovations across three units on a massive 13,068 sqft lot. With separate utility metering for most services, this asset is primed for immediate rental income or multi-generational living. It is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a versatile, income-generating property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 226 Cottonwood Lane Subject | $345,000* List Price | 4 | 3 | 1,982 | $192 | - |
A 178 N Acacia Street Sold | $315,000 | 0 | 0 | 1,696 | $186 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1957, the property has undergone a comprehensive recent renovation (less than 5 years ago) as evidenced by the brand new kitchens with shaker cabinets, updated bathrooms with modern tile work, new flooring, and fresh paint throughout. Systems have been updated including central A/C in Unit 1 and new wall units/heaters in Unit 3, making it move-in ready in mint condition.
This triplex configuration offers excellent versatility for investors seeking rental income or families looking for multi-generational living arrangements on a single property.
All three units have been recently updated with new kitchens, flooring, and modern fixtures, significantly reducing immediate capital expenditure and allowing for immediate occupancy.
Situated on a generous 13,068 square foot lot, the property provides ample outdoor space and privacy for tenants, which is a significant value-add for multi-unit residential living.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1982, other record living area = 816. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
The property was recently sold within the past year on 2025-07-23. The sold price is $170,000.00.
While most utilities are separate, the shared water service complicates expense management and may lead to higher non-reimbursable operating costs for the owner.
Great Opportunity to own these 3 homes on a huge lot, recently renovated providing move-in-conditon. Perfect for multi-generation living or rental income. Unit-1 2bed 1 bath Renovated Kitchen,New porch, new flooring,New doors, New ligth features, Central A/C, fresh interios paint. Unit-2 2bed 1 bath Renovate kitchen, New Flooring and baseboard, New Fans on each room, New doors and ligth features, fresh interior paint, Inside Laundry room Unit-3 1bed 1bath Brand New kitchen & Bathroom, New flooring and baseboard, New doors, New Wall A/C, New Heater, New ligth features.Fresh interior paint. Separate utilities services, except water. Don't miss this great opportunity!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,982 | - |
| Lot Size | 13,068 | - |
| Price | $345.0K | $266.3K |
| Price per sq ft | $174 | $169 |
| Built year | 1957 | 0 |
| HOA | $0 | $0 |
| Days on market | 7 | 345 |
Jul 15, 2026
$345,000
Initial Listing
Jul 23, 2025
$170,000
Public Record
May 19, 2020
$64,000
Public Record
Mar 24, 2016
$13,000
Public Record
Jul 2, 2013
$99,500
Public Record