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- 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