175 S 5th Overview
- Time on Site:
- 160 days
- Visits:
- 0
Approximately 8%+ in-place cap rate with additional upside through unit updates! Excellent opportunity to own a well-maintained, income-producing 7-plex in a desirable location close to shopping, dining, and everyday conveniences. This attractive multifamily property consists of seven spacious 2-bedroom, 1-bath units, each featuring separate electric and gas meters, central A/C and heat, and assigned parking spaces, with plentiful street parking available for guests. Three of the units are currently being updated, offering upside potential, while the remaining four units are move-in ready and occupied by great tenants. The property has been thoughtfully cared for and presents a low-maintenance investment with strong rental appeal. Whether you’re expanding your portfolio or acquiring your first multifamily asset, this property offers immediate income with value-add potential in a solid rental market.
175 S 5th Facts & Features
- Type Multi-Family
- Sq. ft. 3,360
- Price/Sq.ft. $235
- Lot 0.24 Acres
Details
General
Association/HOA
- Common Interest: None
Income/Expenses
- Gross Scheduled Income: 102600.0
- Insurance Expense: 10560.0
- Net Operating Income: 88440.0
- Operating Expense: 14160.0
- Water Sewer Expense: 3600.0
Building Information
- New Construction: No
- Year Built: 1977
Location/Region
- Country: US
- County Or Parish: Riverside
- MLS Area Major: 374 - Blythe
- Postal City: BLYTHE
Community/Development
- Community Features: Sidewalks
Rent/Lease Information
- Land Lease: No
General Information
- Listing Terms: Cash,Cash to New Loan,Conventional,Submit
- Parcel Number: 848082022
- Property Sub Type: Mixed Use
- Property Type: Residential Income
- Rent Control: No
- Senior Community: No
- Special Listing Conditions: Standard
Interior
Parking Information
- Garage: No
Building Interior
- Building Area Total: 3360.0
- Building Area Units: Square Feet
General Information
- Appliances: Gas Oven,Water Heater
- Common Walls: 2+ Common Walls
- Entry Level: 1
- Entry Location: Front Door
- Fireplace Features: None
- Fireplace: No
- Laundry Features: None
- Levels: One
- Stories: 1
- Stories Total: 1
Exterior
Parking Information
- Parking Features: Assigned,Uncovered
Lot Information
- Additional Parcels: No
- Lot Features: 6-10 Units/Acre
- Lot Size Acres: 0.24
- Lot Size Area: 10454.0
- Lot Size Source: Assessor
- Lot Size Square Feet: 10454.0
- Lot Size Units: Square Feet
- Number Of Buildings: 2
- Number Of Separate Electric Meters: 7
- Number Of Separate Gas Meters: 7
- Number Of Separate Water Meters: 1
- Elevation Units: Feet
- Water Source: Public
Building Exterior/Construction
- Property Attached: Yes
General Information
- Number Of Units Leased: 4
- Number Of Units Total: 7
- Pool Features: None
- Pool Private: No
- Sewer: Public Sewer
175 S 5th Neighborhood
Community
92225 (Blythe) Demographics
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.175 S 5th Monthly Cost
175 S 5th Market Data
Based on the last 30 days in this zip code
175 S 5th History
| Date | Value | Agent |
|---|---|---|
| 5/20/2026Source: CRMLS | $790,000 -1.2% |
|
| 1/20/2026Source: CRMLS | January 20, 2026 |
Contact Information: 714-602-2600