Address
695 Massachusetts Avenue Beaumont, CA
Price
$ 1,149,000
Property Attributes
  • MLS#OC21071279
  • TypeIncome
  • CountyRIVERSIDE
  • CityBeaumont
  • AreaBanning-Beaumont-Cherry Valley
  • Zip92223
  • Style
  • Price$ 1,149,000
  • Bedrooms7
  • Full Bathrooms7
  • Half Bathrooms0
  • Lot Size10,019 SqFt
Listing Provided Courtesy Of:
Prashant Sampat with Pacific Avenue Realty.
Data Source:
CRMLS
Property Description

This income-producing property possesses an excellent unit mix consisting of 6 two-bedroom/ one-bathroom units and 1 three-bedroom/ one-bathroom unit. Long-term tenants and low turnover make this asset a desirable and stable investment. Each unit comes with its own single-car garage and there is plenty of street parking. Additionally, there is a laundry room with two washers and two dryers so residents can easily do laundry without leaving their home. The building is sub metered for gas and electricity. Buyer to verify and satisfy themselves as to the square footage of the building and all other items of import and Pacific Avenue Realty makes no warranty or guarantees of such information. This apartment complex is close to shopping, downtown Beaumont and within a few blocks of the freeway. It' s located one-half block from one of the main arterials running through Beaumont named 6th Street. It is conveniently located to shopping, schools, parks and City Hall, yet enjoys the quiet nature of a residential street. The properties along Massachusetts are primarily the single family homes with some multifamily housing sprinkled into the neighborhood.

Price History
4/8/2021 Listed $1,149,000

General Features

Community Features Sidewalks
Garage Spaces 7
Garage Y/N Yes
MLS Area 263 - Banning/Beaumont/Cherry Valley
Open Parking Spaces 3
Parking Features Assigned
Pool Features None
Property Attached Y/N Yes
Property Type Residential Income
Sewer Unknown
Spa Features None
Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Total Actual Rent 8550
Total Units 7
View None
Water Sewer Expense 2200
Zoning R3

Interior Features

Common Walls 2+ Common Walls
Laundry Features Common Area

Exterior Features

Lot Features 6-10 Units/Acre, Rectangular Lot, Yard
Lot Size Acres 0.23
Lot Size Area 10019
Lot Size Source Assessor
Lot Size Square Feet 10019
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 7
Number of Separate Gas Meters 7
Number of Separate Water Meters 1
Total Parking 10
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92223

Price
AVG $690K
$1.15M
Visits
AVG 31
5
Year Built
AVG 1957
1987
Walkscore
AVG 63
72
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.