545 E Hobsonway, Blythe, CA 92225
545 E Hobsonway, Blythe, CA 92225
545 E Hobsonway, Blythe, CA 92225
545 E Hobsonway, Blythe, CA 92225
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Travis Breton

Travis Breton

+1(760) 470-2752
$ 2,100,000
Est. payment | /mo

46 Beds

47 Baths

33,404 SqFt

Save
$ 2,100,000
Est. payment | /mo
Save

46 Beds

47 Baths

33,404 SqFt

Key Details

Property Type Multi-Family

Sub Type Multi-Family

Listing Status Active

Purchase Type For Sale

Square Footage 33,404 sqft

Price per Sqft $62

Subdivision Briarbrook

MLS Listing ID 26858531

Bedrooms 46

Year Built 1990

Lot Size 1.570 Acres

Acres 1.57

Property Sub-Type Multi-Family

Property Description

The seller may also consider carrying a portion of the purchase price for qualified buyers. Additionally, the seller may be willing to complete the remaining construction under a separate agreement, providing flexibility for investors seeking a more streamlined path to project completion. 545 E Hobsonway presents the opportunity to acquire a 47-unit hotel-to-multifamily last-phase conversion project located in Blythe, California. Originally constructed as a 60-key hospitality asset, the property is being repositioned into 47 residential units totaling approximately 33,404 square feet and is currently 100% vacant, providing a new owner with the ability to complete construction and implement a full lease-up strategy. Substantial progress has already been made toward the conversion, including significant electrical, plumbing, HVAC, and interior improvements. The sale also includes approximately $250,000 of construction materials already purchased and on site, allowing an investor to step into a project where a meaningful portion of both the construction work and remaining materials have already been secured. Situated along Hobsonway, Blythe's primary commercial corridor, the property benefits from strong visibility, proximity to retail and services, and convenient access to Interstate 10, connecting the market to Southern California, Phoenix, and the Coachella Valley. The property has been recently repriced, creating an opportunity to acquire a partially completed multifamily project at a basis well below replacement cost, with meaningful upside through completion and stabilization in a market supported by consistent demand for workforce and affordable housing.

Location

State CA

County Riverside

Area Blythe

Zoning C2

Rooms

Other Rooms None

Interior

Heating Combination

Cooling Air Conditioning

Equipment Cable, Electric Dryer Hookup, Garbage Disposal, Gas Dryer Hookup, Gas Or Electric Dryer Hookup, Range/Oven, Refrigerator

Exterior

Parking Features Assigned

Garage Spaces 47.0

Pool In Ground

Building

Story 2

Level or Stories Two

Others

Special Listing Condition Standard

TheMLS (CLAW)
The multiple listings information is provided by The MLSTM/CLAW from a copyrighted compilation of listings. The compilation of listings and each individual listing are ©2026 The MLSTM/CLAW. All Rights Reserved.

The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

Listed by CB Richard Ellis, Inc.

Nearby Locations

Travis Breton

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(760) 470-2752

travisbreton@gmail.com

1902 Wright Place #200, Carlsbad, CA 92008, USA

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545 E Hobsonway

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