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1498 6th Street
Beaumont, CA 92223
Sold
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.
PROPERTY INFORMATION
| MLS # | CV24103763 | Lot Size | 10,890 Sq. Ft. |
| HOA Fees | $0/Monthly | Property Type | Apartment |
| Price | $ 1,075,000
Price Per SqFt: $ 284 |
DOM | 216 Days |
| Address | 1498 6th Street | Type | Residential Income |
| City | Beaumont | Sq.Ft. | 3,789 Sq. Ft. |
| Postal Code | 92223 | Garage | 4 |
| County | Riverside | Year Built | 1948 |
| Bed / Bath | 1 / 0 | Parking | 8 |
| Built In | 1948 | Status | Closed |
| Sold Date | 2024-08-06 |
INTERIOR FEATURES
| Has Laundry | No |
| Laundry Information | None |
| Has Heating | Yes |
| Heating Information | Wall Furnace |
| Has Cooling | Yes |
| Cooling Information | Wall/Window Unit(s) |
| EntryLocation | 1 |
| Entry Level | 1 |
EXTERIOR FEATURES
| Has Pool | No |
| Pool | None |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $1,147
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
| Date | Event | Price |
| 08/06/2024 | Sold | $945,000 |
| 06/27/2024 | Active Under Contract | $1,075,000 |
| 05/22/2024 | Listed | $1,075,000 |
Topfind Realty
REALTOR®
(844)-333-8033
Questions? Contact today.
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Listing provided courtesy of Kevin Struve, MARCUS & MILLICHAP. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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, 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.
