545 E Hobsonway, Blythe, CA 92225
- 33,404 sqft
other
Built in 1990
1.57acre lot
—— car garage
$90/sqft
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
- Parking: Assigned
- Originating MLS: CRMLS
- County: Riverside
- Zoning: C2845164001
- Source: CRMLS
This listing courtesy of Manny Nunez, CB Richard Ellis, Inc.
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Ruth Brown Elementary School
241 N 7th St, Blythe, CA, 92225
Grades KG-8
0.22 miles away
Ruth Brown Elementary School
241 N 7th St, Blythe, CA, 92225
Grades KG-8
0.22 miles away
Twin Palms Continuation
811 W Chanslor Way, Blythe, CA, 92225
Grades 9-12
1.03 miles away
