545 E Hobsonway, Blythe, CA 92225
Local realty services provided by:ERA North Orange County Real Estate
545 E Hobsonway,Blythe, CA 92225
$5,000,000
- 46 Beds
- 47 Baths
- 33,404 sq. ft.
- Multi-family
- Active
Listed by: manny nunez
Office: cb richard ellis, inc.
MLS#:25617649
Source:CRMLS
Price summary
- Price:$5,000,000
- Price per sq. ft.:$149.68
About this home
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.
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Home facts
- Year built:1990
- Listing ID #:25617649
- Added:1 day(s) ago
- Updated:November 11, 2025 at 05:35 PM
Rooms and interior
- Bedrooms:46
- Total bathrooms:47
- Living area:33,404 sq. ft.
Heating and cooling
- Heating:Combination
Structure and exterior
- Year built:1990
- Building area:33,404 sq. ft.
- Lot area:1.57 Acres
Finances and disclosures
- Price:$5,000,000
- Price per sq. ft.:$149.68
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