Beaumont, CA 92223,1498 E 6th ST
Beaumont, CA 92223,1498 E 6th ST
Beaumont, CA 92223,1498 E 6th ST
6
$945,000
$1,075,000
12.1%
Est.Price: ?

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0.25 Acres Lot

1498 E 6th ST Beaumont, CA 92223

Est. payment /mo
SOLD DATE : 08/06/2024

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Key Details

Sold Price $945,000

Property Type Condo

Sub Type Apartment

Listing Status Sold

Purchase Type For Sale

Subdivision ,Sub Sec 11 T3S R1W

MLS Listing ID CV24103763

Sold Date 08/06/24

HOA Y/N No

Year Built 1948

Lot Size 10,890 Sqft

Property Description

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.

Location

State CA

County Riverside

Area 263 - Banning/Beaumont/Cherry Valley

Zoning R

Interior

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Fireplace No

Laundry None

Exterior

Garage None

Garage Spaces 4.0

Garage Description 4.0

Pool None

Community Features Biking

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Total Parking Spaces 8

Private Pool No

Building

Lot Description 26-30 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 419202012

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Financing Seller Financing

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Kevin Struve • MARCUS & MILLICHAP • kevin.struve@marcusmillichap.com
Bought with Prashant Sampat • Pacific Avenue Realty

GET MORE INFORMATION

Justin Jenewein

Agent | License ID: 02024855

+1(818) 336-8567

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