545 E Hobsonway
Blythe, CA 92225
46 Beds
47 Baths
33,404 sqft (on 1.57 acres)
46 Beds
47 Baths
33,404 sqft
(on 1.57 acres)
Home Highlights
Parking
47 Parking Spaces
Outdoor
Pool
Price/Sqft
$63
Listed
45 days ago
Climate Control
Heating & Central Air
Local Information
- Map ViewExplore the area around 545 E Hobsonway.
- Schools1 Elementary School1 Middle School1 High School
- Shop & Eat
-- mins to
About this House
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.
Contact this Building
Last check for updates: about 5 hours ago
Listing courtesy of Manny Nunez DRE # 01990970, (310) 925-2551
CB Richard Ellis, Inc.
Source: CLAW, MLS#26858531
Also Listed on CRMLS.
Home Details for 545 E Hobsonway
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Beds & Baths Number of Bedrooms: 46Number of Bathrooms: 47 |
Dimensions and Layout Living Area: 33404 Square Feet |
Appliances & Utilities Appliances: Disposal, Range/Oven, RefrigeratorDisposalLaundry: Electric Dryer Hookup,Gas Dryer Hookup,Gas Or Electric Dryer HookupRefrigerator |
Heating & Cooling Heating: CombinationHas CoolingAir Conditioning: Air ConditioningHas HeatingHeating Fuel: Combination |
Levels, Entrance, & Accessibility Stories: 2Levels: Two |
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Exterior Home Features Other Structures: None |
Parking & Garage No CarportNo GarageNo Attached GarageParking Spaces: 47Parking: Assigned |
Pool Pool: In GroundPool |
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Days on Market: 45 |
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Year Built Year Built: 1990 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Property Information Parcel Number: 845164001 |
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Price List Price: $2,100,000Price Per Sqft: $63 |
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MLS Status: Active |
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Direction & Address City: Blythe |
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Listing Agent Listing ID: 26858531 |
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Building Area Building Area: 33404 Square Feet |
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Lot Area: 1.57 Acres |
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Special Conditions: Standard |
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Expense Tenant Pays: Electricity |
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Owner Pays: Water, Gas, Pool Maintenance |
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Mls Number: 26858531Listing Url |
Around this home
What Locals Say about Blythe
At least 50 Trulia users voted on each feature.
82 % Say parking is easy
76 % Say car is needed
70 % Say there are sidewalks
64 % Say yards are well-kept
62 % Say it's quiet
59 % Say it's dog friendly
56 % Say there's holiday spirit
54 % Say kids play outside
52 % Say people would walk alone at night
45 % Say neighbors are friendly
40 % Say it's walkable to grocery stores
38 % Say streets are well-lit
35 % Say it's walkable to restaurants
31 % Say they plan to stay for at least 5 years
23 % Say there's wildlife
20 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
Market trends in Blythe
Last updated July 2026
Avg. sale price
—
Sale-to-List Price
—
Price per sq ft
—
Available listings
68
4MoM
Home Value
Trulia Estimate
$1.92MSince last month
Increased$8K (+0.4%)Since last year
Increased$8K (+0.4%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by 0% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $1.93M |
| July 2026 | $1.92M |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.24 | Multi-Family Home | $222,000 | 05/15/26 | 2 | 2 | 1,748 | |
0.38 | Multi-Family Home | $205,000 | 02/03/26 | 6 | 4 | 1,848 | |
0.48 | Multi-Family Home | $315,000 | 05/07/26 | 4 | 4 | 1,696 | |
0.68 | Multi-Family Home | $475,000 | 11/21/25 | 6 | 6 | 3,000 | |
0.52 | Multi-Family Home | $205,000 | 08/28/25 | 2 | 4 | 1,917 | |
0.60 | Multi-Family Home | $222,000 | 08/13/26 | 4 | 2 | 1,352 | |
0.95 | Multi-Family Home | $85,000 | 12/22/25 | 6 | 5 | 2,303 | |
1.40 | Multi-Family Home | $279,000 | 04/27/26 | 6 | 4 | - |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.08 | $216,600 | 4 | 2 | 1,440 | Off Market | |
0.10 | $187,200 | 3 | 2 | 1,523 | Off Market | |
0.14 | $231,100 | 4 | 2.5 | 2,212 | Off Market | |
0.18 | $207,700 | 3 | 2.5 | 1,200 | Off Market | |
0.20 | $203,000 | 4 | 2 | 1,688 | Off Market | |
0.18 | $206,400 | Studio | - | - | Off Market | |
0.18 | - | - | - | - | Off Market | |
0.24 | $222,000 | 2 | 2 | 1,748 | Recently Sold | |
0.23 | $204,100 | 3 | 2 | 1,404 | Off Market | |
0.24 | $233,700 | 3 | 2 | 1,513 | Off Market | |
0.27 | $188,300 | 3 | 2.5 | 1,640 | Off Market |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Jul 10, 2026 Source: CLAW #26858531 | Listed For Sale | $2,100,000 |
Feb 23, 2026 Source: CLAW #25617649 | ListingRemoved | $3,000,000 |
Dec 3, 2025 Source: CLAW #25617649 | PriceChange | $3,000,000 Price decreased by 33% |
Nov 19, 2025 Source: CLAW #25617649 | PriceChange | $4,500,000 Price decreased by 10% |
Nov 11, 2025 Source: CLAW #25617649 | Listed For Sale | $5,000,000 |
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2026-08-24 18:45:24 PDT. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information is deemed reliable but not guaranteed.
Some IDX listings have been excluded from this website.
Some IDX listings have been excluded from this website.
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Frequently asked questions about 545 E Hobsonway
- What is the estimated monthly payment for 545 E Hobsonway?Based on a $2,100,000 list price with 20% down at today's rates, the estimated monthly payment for 545 E Hobsonway in Blythe, CA is approximately $12,993 (about $10,870 principal & interest, $2,048 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
- What do residents say about Blythe?Residents describe Blythe, CA as easy to park in, pedestrian-friendly, and well-kept. See homes for sale in Blythe, CA.
- What are the closest schools to 545 E Hobsonway?The closest schools to 545 E Hobsonway in Blythe, CA are Palo Verde High School (rated 3/10), Ruth Brown Elementary School (Middle, rated 2/10).
- What is 545 E Hobsonway estimated to be worth?Trulia's estimated value for 545 E Hobsonway in Blythe, CA is $1,916,800.
- Does 545 E Hobsonway have air conditioning?Yes, 545 E Hobsonway in Blythe, CA has air conditioning.
- Does 545 E Hobsonway have a pool?Yes, 545 E Hobsonway in Blythe, CA has a pool.
545 E Hobsonway, Blythe, CA 92225 is a 46 bedroom, 47 bathroom, 33,404 sqft multi-family built in 1990. This property is currently available for sale and was listed by CLAW on Jul 10, 2026. The MLS # for this home is MLS# 26858531.