$3,000,000

545 E Hobsonway, Blythe, CA 92225

  • 33,404 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1990
  • Property Lot Size Icon1.57acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $90/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

Seller will carry and property may be eligible for 100% Bonus depreciation, contact listing agent for more information. For Sale is 545 E Hobson Way a rare opportunity to acquire a 100% vacant turnkey multifamily conversion located in the heart of Blythe, California. Originally constructed as a 60-key hotel, the property has been repositioned into 47 apartment units (C of O pending), offering a unique blend of modernized living spaces and value-add potential. Situated along Hobson Way, the city's primary commercial corridor, the property benefits from excellent visibility, convenient access to Interstate10, and proximity to retail, employment centers, and lifestyle amenities. Blythe's strategic position between Los Angeles, Phoenix, and the Coachella Valley makes it an attractive hub for renters seeking affordability in Southern California. With increasing barriers to new construction and the growing need for affordable housing across the Inland Empire and outlying markets, 545 E Hobson Way is positioned as a recession-resilientasset. The property provides investors with multiple paths for growth and an excellent hedge against inflation.

Listing Status:
Active
Date Added:
November 11, 2025 at 06:00AM
Listing Office:
CB Richard Ellis, Inc. :
Listing Agent:
Manny Nunez : 310-925-2551
MLS ID:
CL25617649
  • Heating: Other
  • Parking: Assigned
  • Originating MLS: CRMLS
  • County: Riverside
  • Zoning: C2845164001
  • Source: CRMLS

This listing courtesy of Manny Nunez, CB Richard Ellis, Inc.

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

R

Ruth Brown Elementary School

241 N 7th St, Blythe, CA, 92225

Grades KG-8

0.22 miles away

R

Ruth Brown Elementary School

241 N 7th St, Blythe, CA, 92225

Grades KG-8

0.22 miles away

T

Twin Palms Continuation

811 W Chanslor Way, Blythe, CA, 92225

Grades 9-12

1.03 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.