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Property profile & analytics
FOR SALE
Apartment buildings
545 E Hobsonway Blythe, CA 92225
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-0263637
For Sale
1 / 7
Contact for pricing
545 E Hobsonway, Blythe, CA 92225
View Listing →
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1990
Construction
WOOD
Total area
33,404 SF
Lot
1.57 ac (68,389 SF)
Zoning code
C2
APN
845-164-001
UPID
US09-0263637
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.47M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.29M
Owner & transaction history
Us Prime Property Management INC · 4 yrs held
Us Prime Property Management INC
since 2021
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
C2 · Blythe, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Blythe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blythe submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,280,000
ML approach
$1,465,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.29M
Range $1.16M – $1.41M · ±10% · vs last sale $1.20M (Nov 19 2021)
Last sale anchor
$1.20M
Nov 19 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$38 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$14,572
Tax year 2024
Assessed value
$1,291,864
Assessed 2024
Previous assessed
$1,291,864
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$572,220
Assessed improvement
$719,644
Applied tax rate
3.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
For Sale
Year built
1990
Construction
WOOD
Heating
NONE
Stories
1
Units
67
Total area
33,404 SF
Lot
1.57 ac (68,389 SF)
Zoning code
C2
APN
845-164-001
UPID
US09-0263637
Jurisdiction
RIVERSIDE
Zoning & alternative use
C2 · Blythe, CAZoning C2 · permitted uses
C2 · Blythe, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1990
Construction
WOOD
Heating
NONE
Stories
1
Units
67
Lot
1.57 ac
Current owner
From public records · entity-resolved
Us Prime Property Management INC
Entity
Mailing address
PO BOX 1083, IMPERIAL BEACH, CA 91933-1083
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 19, 2021
$1,200,000
Us Prime Property Management INC
Oxford Partners Capital LLC
Grant Deed
—
May 5, 2021
$310,000
Oxford Partners Capital LLC
Emerald Capital LLC
Trustees Deed
related
—
Mar 26, 2018
$1,300,000
Emerald Capital LLC
Oxford Ptrs Cap LLC
Grant Deed
$1,000,000 · Cason Hm Lns
Jul 31, 2017
—
Oxford Partners Capital LLC
—
Deed
related
$810,000 · Bank Of Hope
May 25, 2006
$4,150,000
Jin S Chung
Jb Moses Management Corp
Grant Deed
$2,100,000 · Centerbank
Dec 7, 2004
$3,575,000
Jb Moses Management Corp
Great West Inns INC
Grant Deed
$2,145,000 · Pacific City Bank
Jan 17, 2003
$3,050,000
Great West Inns INC
Bhakta,mahendra B & Jyoti M
Grant Deed
$1,345,000 · Zions First National Bank
May 1, 1989
$280,000
Mahendra Bhakta
Morabito Jack
Grant Deed
—
—
—
Great West Inns INC
—
Deed Of Trust
related
$942,000 · Cdc Small Business Finance Co
—
—
Mahendra Bhakta
—
Deed Of Trust
related
$1,764,000 · State Bank India
—
—
Jb Moses Management Corp
—
Deed Of Trust
related
$2,145,000 · General Electric Capital Corp
—
—
Jb Moses Management Corp
—
Deed Of Trust
related
$77,000 · Gby Investment INC
—
—
J Y Management INC
—
Deed Of Trust
related
—
—
—
Oxford Partners Capital LLC
—
Deed Of Trust
related
$810,000 · Bank Of Hope
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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