545 E Hobsonway, Blythe, CA 92225

Blythe
Local realty services provided by:ERA North Orange County Real Estate
545 E Hobsonway,Blythe, CA 92225
$2,100,000
  • 46 Beds
  • 47 Baths
  • 33,404 sq. ft.
  • Multi-family
  • Active
Listed by: manny nunez
Office: cb richard ellis, inc.
MLS#:26858531
Source:CRMLS

Price summary

  • Price:$2,100,000
  • Price per sq. ft.:$62.87

About this home

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...

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Home facts

  • Year built:1990
  • Listing ID #:26858531
  • Added:10 day(s) ago
  • Updated:July 21, 2026 at 11:02 AM

Rooms and interior

  • Bedrooms:46
  • Total bathrooms:47
  • Kitchen Description:Disposal, Refrigerator
  • 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
  • Levels:2 Story

Finances and disclosures

  • Price:$2,100,000
  • Price per sq. ft.:$62.87

Features and amenities

  • Appliances:Disposal
  • Pool features:In Ground

Parking

  • Total parking spaces:47
  • Parking description:Assigned
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