Sold
Closed
1498 E 6th Street
Beaumont CA, 92223
$945,000
$249.41 per sqft
Sold
Closed
3,789 sqft
Condo
Built in 1948
Listed by Kevin Struve with MARCUS & MILLICHAP [email protected]
The 7-unit multifamily offering is located at 1498 E. 6th St. in Beaumont, California. SELLER FINANCING AVAILABLE, PLEASE CONTACT LISTING AGENT FOR FUTHER DETAILS. Situated on a 0.25 acre corner lot, the property features two buildings - an inviting two-story apartment complex and an additional structure housing four one-car garages. Built in 1948, the property offers approximately 3,789 square feet of living space. The unit mix includes 6 One Bedroom / One Bathroom units and 1 Studio, providing versatility to cater to various tenant preferences. With the current rents estimated at 24% below market rates and coupled with the upside in re-positioning the property with exterior/interior renovations, this is an ideal value add opportunity.
CV24103763
MLSⓇ ID
May 22, 2024
Listed
August 30, 2024
Updated
Map
1498 E 6th Street
Beaumont CA, 92223
Interior Features
Total Stories
2
Laundry Description
None
Fireplace
No
Cooling
Yes
Cooling Description
Wall/Window Unit(s)
Heating
Yes
Heating Description
Wall Furnace
Exterior/Building Features
Lot Size
0.25 Acres
Lot Features
26-30 Units/Acre
Sewer
Public Sewer
Other Property Details
Area Name
263 - Banning/Beaumont/Cherry Valley
Days on Market
35
Garage
Yes
Garage Spaces
4
Parking
None
Parking Total
8
View
No
County
Riverside
Water Source
Public
Pool
No
Pool Features
None
Zoning
R
Listing History
Date | Event | Price |
|---|---|---|
8/6/2024 | Sold | $945,000 |
6/27/2024 | Under contract | — |
Listing Contact: 909-456-3400
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/30/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
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Data last updated on 8/30/2024 at 7:22 PM UTC