1498 E 6th Street, Beaumont, California 92223
  • $1,075,000

Overview

Property ID: CV24103763
  • Apartment, Residential Income
  • Property Type
  • 4.0
  • Garages
  • 3789 Sqft
  • Area Size
  • 1948
  • Year Built

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.

  • Address: 1498 E 6th Street
  • City: Beaumont
  • State/county: CA
  • Zip/Postal Code: 92223
  • Country: US

Details

Updated on August 6, 2024 at 7:41 pm
  • Property ID CV24103763
  • Price $1,075,000
  • Property Size 3789 Sqft
  • Land Area 0.25 Acres
  • Garages 4.0
  • Year Built 1948
  • Property Type Apartment, Residential Income
  • Property Status Closed

Additional details

  • Listing Terms Cash, Cash to New Loan
  • Utilities Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Sewer Public Sewer
  • Cooling Wall/Window Unit(s)
  • Heating Wall Furnace
  • County Riverside
  • Property Type Residential Income
  • Pool None
  • Parking None
  • Community Features Biking

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