381 San Luis Way, Blythe, California 92225, Blythe, 92225 - 4 bed, 2 bath
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Blythe, California 92225
This property presents a High-Potential Investment Opportunity with a List Price of $220,000—positioned well above the $109,785 Fair Market Value by -100%. Given the Fair Condition Rating and the need for a full rehab, this asset requires significant capital expenditure to modernize its dated 1981 systems. However, the 8,376 sqft lot and four-bedroom layout provide a solid foundation for value-add strategies. This project is best suited for Buy-and-Hold Investors or Contractors capable of executing a comprehensive renovation to maximize rental yield.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 381 San Luis Way Subject | $220,000* List Price | 4 | 2 | 1,316 | $83 | - |
A 660 Parker Place Sold | $215,000 | 2 | 2 | 1,276 | $168 | 0.6 mi |
B 156 Shaded Palm Sold | $240,000 | 3 | 2 | 1,179 | $204 | 0.9 mi |
C 324 N Broadway Sold | $180,000 | 2 | 2 | 1,268 | $142 | 0.8 mi |
D 410 N Lovekin Boulevard Active | $223,000 List Price | 3 | 2 | 1,132 | $197 | 0.3 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1981 (43 years old) with no evidence of recent renovations. The bathroom features original green laminate countertops and dated fixtures, while the exterior shows significant wear and deferred maintenance, indicating the property requires a full rehab.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8376, living area = 1316.
The 8,376 sqft lot provides ample space for outdoor entertaining, desert landscaping, or storing recreational vehicles and river toys.
Featuring four bedrooms, this home offers significant versatility for larger families or investors seeking to maximize rental potential in a compact footprint.
Lot size discrepancy between mls listing and other public or private record. mls listing lot size in square feet =8376, other record lot size in square feet = 8276.
With four bedrooms distributed across 1,316 square feet, individual room dimensions may feel restrictive or small for some residents.
Built in 1981, the property may require modernizing updates to its core systems or interior finishes to meet contemporary buyer expectations.
FOUR BEDROOM HOME ON A LARGE LOT! Located in the heart of Blythe, this charming home at 381 San Luis Way offers the perfect blend of comfort, convenience, and desert living. Featuring a spacious layout with inviting living areas, this property is ideal for full-time living, a seasonal retreat, or an investment opportunity. Enjoy a generously sized lot with ample outdoor space for entertaining, relaxing, or storing recreational toys. Inside, you’ll find a bright and functional floor plan with comfortable bedrooms, an open living area, and plenty of natural light throughout. The property’s convenient location places you near local schools, shopping, dining, parks, and easy access to the Colorado River recreation areas, making it perfect for outdoor enthusiasts. Whether you’re looking for a peaceful place to call home or a getaway close to river and desert adventures, this property delivers exceptional value and opportunity in one of Blythe’s established neighborhoods.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 65% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,316 | 1,424 | 40% |
| Lot Size | 8,376 | 8,276 | 52% |
| Price | $220.0K | $230.0K | 44% |
| Price per sq ft | $167 | $171 | 48% |
| Built year | 1981 | 1978 | 52% |
| HOA | $0 | $0 | 50% |
| Days on market | 23 | 193 | 2% |
May 14, 2026
$220,000
Initial Listing
May 21, 2024
$170,000
Public Record