333 N Carlton Ave · Blythe, CA 92225

$140,000

4 bd · 1.0 ba · 1,200 sqft · SingleFamily public records · 149 Days on market

Built 1971 6,534 sqft lot Est $182k · 23% under

---

Why this score? — see what drove the B- grade

The composite is a weighted blend of 9 inputs, each scored 0–100. Each bar is that input's sub-score; the figure is the points it added to the 100-point composite (weight × sub-score).

• Cash flow +26.5/30.0
• ARV discount +15.0/15.0
• DSCR +9.0/10.0
• 1% rule +6.3/10.0
• Livability +3.7/5.0
• Schools +2.6/10.0
• Rent growth +2.5/5.0
• Condition / age +2.5/5.0
• Appreciation +0.0/10.0

Listing remarks

Charming mid-century ranch-style home at 333 N Carlton Ave, Blythe, CA 92225. This 4-bed, 2-bath single-story residence offers 1,200 sq ft on a 6,534 sq ft lot. Features a wide garage with decorative arches, modern solar panels, granite countertops, and spacious front and back yards. Built in 1971, this property blends move-in potential with renovation opportunities for investors or first-time buyers. Ideally located near the Colorado River, schools, and amenities. Priced at $180,000, seize this opportunity in Blythe’s growing market!

Key facts

• Decorative arches
• Granite countertops
• Modern solar panels

Tags

• MID-CENTURY RANCH-STYLE HOME
• DECORATIVE ARCHES
• MODERN SOLAR PANELS
• GRANITE COUNTERTOPS
• SPACIOUS FRONT AND BACK YARDS

What this means for you Summary

Snapshot

• This is a 4-bed/1.0-bath single-family listed at $140k.

Deal economics

• At list price, monthly cash flow is $368 ($4k/yr) — positive.
• The deal already cash-flows at list — no discount required.
• Meets the 1% rule at list price ($2k rent vs $140k).
• Recommended offer: $123k (12.0% below list) — sets the bar for market timing.
• Cap rate 9.4% vs local median 4.6% in Blythe — top-decile yield for the area; either an underpriced asset or a hidden risk that comps aren't pricing in. Stress-test before assuming the spread holds.

Location & tenants

• Location reads 74/100 on livability (#143 in CA, #4,910 nationally) — a middle-class / working-renter tenant base. Strengths: commute A+, housing A+, health & safety A+; Watch: employment D, schools F, amenities F.
• Palo Verde Unified (town): math 20% / reading 34% proficiency, ranked #1,133 of 1,400 in CA (top 81%) — low school quality limits family demand, transient renter base, plan for 1-2y turnover; 64% free/reduced lunch — lower-income household profile, screen leases tightly.
• Market conditions: 189 active listings in the ZIP; 4 comparable units currently listed for rent nearby; rentals leasing fast (median 14d on market — plan ~1-2 weeks tenant-placement turnaround); 9,195 units permitted in Riverside County in 2024 (1,512 in 5+ unit buildings).

Forward outlook

• Local home prices are declining (-3.0%/yr); year-one equity from $968 of loan paydown is wiped out by about $4k of value loss. Plan a longer hold.
• Riverside County population projected at +22% by 2050 — long-run rental-demand tailwind backs the buy-and-hold thesis.
• At projected returns (-3.0% appreciation + 3.0% rent growth), your $39k cash investment doubles in ~10 years — after that, you're playing with house money.

Negotiation context

• It's been on market 149 days — a 12% lower offer ($123k) is reasonable based on typical stale-listing flexibility.
• 2 sale attempts since 6y ago; this cycle's ask has dropped $45k (24%) from the opening price — seller is motivated, your offer sets the floor, not the list.
• Current owner paid $90k; list at $140k implies a 56% gain — meaningful room to come down on a strong offer.

Risks & watch-outs

• Climate carrying-cost: extreme-heat days projected 7→19/yr by 2055 (HVAC capex compounding) — expect insurance premiums to compound above CPI over the hold.

Recommended offer $123,200 (12.0% below list)

Questions for the listing agent

1. It's been on market 149 days. Have you received any prior offers? Is the seller open to a 12% concession, seller financing, or rate buy-down credit?
2. Built in 1971 — when were the roof, HVAC, electrical panel, plumbing, and water heater last replaced?
3. Why hasn't it sold? Are there any deal-killer items the seller is aware of (foundation, flood, title, zoning, code violations)?
4. Is there a deadline driving the sale (1031 exchange, divorce, estate, relocation)? That informs how much negotiation room exists.
5. Schools are F-rated, which usually means shorter tenancies and higher turnover. Who's the typical renter profile here, and what's been the actual vacancy rate?
6. What's the average days-on-market for RENTAL listings here right now (not sales)? A rising rental-DOM trend means longer vacancies and softer asking-rent achievability than the comps imply.
7. What's the recent tenant-quality profile in this submarket — average credit score on applications, eviction rate, late-payment / NSF rate, and stable-employment percentage? A property-management company in the area should have these aggregated.
8. How much new for-sale + rental construction is in the pipeline within 1–3 miles? Heavy new supply typically softens prices + rents 12–24 months out; constrained supply supports both.

Investment metrics

• 1% rule: 1.13% ✓
• Cap rate: 9.45%
• Cash-on-cash: 11.27%
• DSCR: 1.50
• GRM: 7.3

CMA / ARV

• ARV (on-the-fly): $182,400
• Comps found: 11

Show comp detail 11 sales within ~0.75 mi

Address	Dist	Beds/Ba	Sqft	Sold	Price	$/sf	Match
318 N Carlton Ave	0.03mi	3/1.0 (-1)	1,122 (-6%)	0mo	$139,105	$124	82
441 N Willow St	0.34mi	3/2.0 (-1)	1,132 (-6%)	1mo	$215,000	$190	64
1325 W Michigan Ave	0.10mi	3/1.0 (-1)	1,272 (+6%)	22mo	$190,000	$149	62
1366 W San Gorgonio St	0.15mi	3/1.0 (-1)	1,248 (+4%)	23mo	$190,000	$152	62
725 W Chanslor Way	0.36mi	3/2.0 (-1)	1,248 (+4%)	7mo	$130,000	$104	61
491 N Willow St	0.37mi	3/2.0 (-1)	1,132 (-6%)	6mo	$220,000	$194	60
310 N Lovekin Blvd	0.28mi	3/1.5 (-1)	1,132 (-6%)	17mo	$142,000	$125	56
300 N Lovekin Blvd	0.28mi	3/2.0 (-1)	1,242 (+4%)	22mo	$200,000	$161	54
560 Parker Pl	0.72mi	3/2.0 (-1)	1,176 (-2%)	3mo	$220,000	$187	52
680 W California St	0.42mi	3/1.0 (-1)	1,020 (-15%)	23mo	$135,000	$132	31
581 Parker Pl	0.73mi	3/2.0 (-1)	1,377 (+15%)	18mo	$265,000	$192	17

Match score weights: distance 35% · size 25% · config 20% · recency 20%. Top-matched comps best support the ARV.

Projected returns pro-forma

-3.0% appreciation · 3.0% rent growth · sell at horizon

5-year hold

• IRR: 0.5%
• Equity multiple: 1.02×
• Total profit: $744
• Equity at exit: $20,874

10-year hold

• IRR: 10.1%
• Equity multiple: 1.78×
• Total profit: $30,746
• Equity at exit: $12,105

Cash invested: $39,200 (down + closing). Projections, not guarantees.

Landlord ↔ Tenant lean methodology

• Overall (STATE): 18 Strongly Tenant-Friendly
• State California: 18 Strongly Tenant-Friendly · D+13
• County: — inherits STATE
• City: — inherits STATE

AB1482 statewide rent cap (10% + CPI). Cities (SF/LA/Berkeley) layer stricter rules. Just-cause statewide.

Methodology + full state rankings →

ZIP-level market 92225

• Home prices YoY: -15.8%
• Active inventory: 189
• Price-to-rent: 7.3×

Monthly cashflow live

• Estimated rent: $1,589 medium
• Mortgage (P&I): −$734
• Tax from tax record: −$94 /mo · $1,132/yr
• Insurance: −$58
• HOA: −$0
• Vacancy / Maint / Mgmt: −$334
• Net cashflow: $368

Break-even live

Break-even rent $1,123

Max offer price $140,000

Occupancy floor 72%

UW: 25.0% down · 7.5% · 30yr · 1.5% tax · 5.0% vac · 8.0% maint · 8.0% mgmt

Financing live

Cash to close

• Down payment: $35,000
• Closing costs: $4,200
• Reserves months: —
• Total cash needed: —

Rent comps 4 comps

Address	Beds	Baths	Sqft	Rent	$/sqft	DOM	Units	Dist
381 San Luis Way Blythe, CA	4.0	2.0	1316	$1,800	$1.37	44d	1	0.08mi
400 N Palm Dr Blythe, CA	2.0–3.0	1.0–1.5	928	$1,100	$1.18	13d	1	0.43mi
450 W Barnard St Blythe, CA	2.0–3.0	1.0–2.0	935	$1,095	$1.17	13d	2	0.49mi
551 S 3rd St Blythe, CA	2.0–3.0	1.0–2.0	885	$1,120	$1.27	13d	9	1.29mi

Listing history 14 events

1. 2026-03-20
   soldstatus $90,000
2. 2026-03-12
   status Pending
3. 2026-02-25
   status Pending
4. 2026-02-25
   historical
5. 2026-01-14
   price $140,000
6. 2025-12-01
   price $155,000
7. 2025-10-21
   price $175,000
8. 2025-09-29
   listed $185,000 Active
9. 2020-10-30
   historical
10. 2020-08-31
    historical Active Under Contract
11. 2020-07-21
    status Pending Sale
12. 2020-07-20
    listed $140,000 Active
13. 1997-12-23
    soldstatus $69,000
14. 1989-04-03
    soldstatus $55,500

ⓘ Source: listings_history table (triggers on properties + properties_extension) + one-shot backfill from property_details.listing_events for pre-trigger history.

Tax reassessment forecast CA · Resets to sale price

• Current annual tax: $1,132 · $94/mo
• Projected year-2 tax: $1,132 · $94/mo
• Expected delta: $0/yr ($0/mo · 0.0%)

ⓘ Screening estimate from a state-policy table — verify with the county assessor before closing.

Climate risk First Street

• 🌊 Flood 1/10 Low FEMA zone D · 0% chance over 30 yrs
• 🔥 Wildfire 1/10 Low
• 🌡 Heat 9/10 Extreme 7 d/yr ≥116°F today · 19 d/yr by 30 yrs out
• 💨 Wind 1/10 Low
• 🫁 Air quality 2/10 Low 1 unhealthy d/yr today · 1 by 30 yrs out

Taxation est. · year 1

• Rental income: $19,065
• − Mortgage interest: −$7,842
• − Property taxes: −$1,132
• − Insurance: −$700
• − Repairs & maintenance: −$1,525
• − Management: −$1,525
• − Depreciation: −$4,073
• Taxable income: $2,268
• Est. tax owed @ 24.0%: −$544
• After-tax cash flow: $3,875/yr

For passive investors: Depreciation is non-cash, so a rental often shows a tax loss while cash-flowing — sheltering income. Rental losses are passive: they offset passive income freely, and up to $25,000/yr can offset ordinary (W-2) income if you actively participate and your MAGI is under $100k (phasing out to $0 by $150k); unused losses carry forward. On sale, claimed depreciation is recaptured at up to 25%, and gains may owe capital-gains tax (a 1031 exchange can defer both). Figures are a year-1 estimate at your 24.0% rate — not tax advice; consult a CPA.

Schools (NCES district)

• District: Palo Verde Unified
• NCES district ID: 0629640
• Math proficiency: 20% ▲ 3.00%
• Reading proficiency: 34% ▲ 5.00%
• Median HH income: $40,808
• Composite: 25.77/100
• National rank: #12796
• State rank: #1133 of 1400 in CA

Livability — Blythe

• Score: 74/100
• State rank: #143
• US rank: #4910

Category grades

Amenities F Commute A+ Cost of living A- Crime C Employment D Housing A+ Health & safety A+ User ratings D+

Schools grade is shown separately in the Schools card above.

Census & demographics

• Census place: Blythe, CA
• Population (ZIP): 21,101

Population outlook (Riverside County) Hauer SSP2

• Today (2025): 2,664,475 people
• By 2030: 2,802,692 · +5.2%
• By 2040: 3,050,904 · +14.5%
• By 2050: 3,256,783 · +22.2%
• By 2075: 3,655,058 · +37.2%
• By 2100: 3,766,594 · +41.4%

Race, ethnicity, and origin ACS 2023

• Neighborhood character: Diverse neighborhood (Simpson 0.58)
• Race & ethnicity: Hispanic / Latino 59% White 26% Two or more races 13% Black 10% Asian 2% Native American 2%
• Hispanic origin (detail): Mexican 54%
• Common ancestry: Lithuanian 1% Romanian 1% Iranian 1%
• Foreign-born: 18% · Canada
• Languages at home: 55% English-only · Spanish 42% Other Indo-European 1% Tagalog/Filipino 0%

Political lean MEDSL · Riverside

• 2024 margin: Toss-up / Even · D 48.0% · R 49.3% · Other 2.6%
• 2008→2024 swing: -3.6pp toward R · 2008: 2.3pp · 2024: -1.3pp
• All cycles: 2024: R+1.3 2020: D+8.0 2016: D+4.3 2012: R+0.4 2008: D+2.3

Not yet ingested

• Civics: —

Market trends

• HPI YoY: ▼ -40.53%
• Current HPI: 215.4794
• Rent YoY: —
• Metro: —
• State GDP YoY: ▲ 3.21%
• F500 in state: 116

Industry mix (Fortune 500 HQ in CA)

Industry	F500 HQs	Revenue
▸Technology	27	$1,492B
▸Financial Services	3	$174B
▸Retail	3	$44B
▸Insurance	3	$26B
▸Media / Entertainment	2	$115B
▸Pharmaceuticals / Biotech	2	$62B

Price history

+62.2% since first listed

14 events — show timeline

• 2026-03-20 Sold (Public Records) $90,000 Public Records
• 2026-03-12 Pending — SDMLS
• 2026-02-25 Pending — SDMLS
• 2026-02-25 Listing Removed — SDMLS
• 2026-01-14 Price Changed $140,000 SDMLS
• 2025-12-01 Price Changed $155,000 SDMLS
• 2025-10-21 Price Changed $175,000 SDMLS
• 2025-09-29 Listed $185,000 SDMLS
• 2020-10-30 Listing Removed — CRMLS
• 2020-08-31 Contingent — CRMLS
• 2020-07-21 Pending — CRMLS
• 2020-07-20 Listed $140,000 CRMLS
• 1997-12-23 Sold (Public Records) $69,000 Public Records
• 1989-04-03 Sold (Public Records) $55,500 Public Records

Property tax history

+1.9%/yr

Latest (2025): $1,132 · -0.8% YoY. Source: county tax records.