Currently above 8% Cap rate. Potential for over 15%! All but one unit is rehabbed. Five out of nine units are occupied. Seller lives far and is looking to retire. Otherwise it would be 100% occupied. Great for someone who lives in the vicinity or someone who is willing to put in the time to get it fully occupied. There are three store-front units allowing for great visibility to the main thoroughfare in Blythe. The one remaining un-rehabbed unit was once occupied by a dental office. The commercial building is made up of two parcel numbers, 848-062-003 and 848-062-004. There is ample parking in the parking lot and convenient street parking for the store front units.

  • MLS# OC18014897
  • Style Retail
  • Sub-Type Resale
  • Status Active
  • Days On Site 163
SQ Feet 8,500
Story(s) 0
Units 9
Listing Provided By:
Daniel Escutia  of  Esen Real Estate Services
 
 
this listing $349,888
95.47%
$179,000 in 92225
this listing 8,500 SqFt
453.39%
1,536 SqFt in 92225
this listing $41 $/SqFt
64.68%
$117 $/SqFt in 92225
this listing 163 on site
279.07%
43 on site in 92225

Location

State CA
County Riverside
City Blythe
Zip Code 92225
Area 374 - Blythe

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