Beaumont Park is a 33-unit apartment community located in one of the fastest growing cities of Riverside County, Beaumont, CA. The well-appointed asset is situated on a large 2.15-acre lot and provides tenants the benefit of low density living with only 15.3 units per acre, single story construction, and ample parking. The asset features an ideal unit mix of (70%) 2 Bed / 2 Bath units, and (30%) 1 Bed / 1 units, and boasts high occupancy, providing investors an opportunity to enhance yield in the near term with rent increases and recovery of loss-to-lease. Within a 15-, 30-, and 60-minute commute of Beaumont Park, there are approximately 24,500, 275,500, and 1.35 million jobs, respectively. Easy access to jobs provides an increasingly robust tenant base.
Sold for $5,300,000 on 05/14/25
Listing Provided by:
Brett Bayless DRE #01718244 949-887-2465,
Brett Bayless, Broker
$5,300,000
1451 Michigan Ave, Beaumont, CA 92223
--beds
--baths
24,400sqft
Multi Family
Built in 1976
-- sqft lot
$5,300,100 Zestimate®
$217/sqft
$-- Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: May 14, 2025 at 02:33pm
Listing Provided by:
Brett Bayless DRE #01718244 949-887-2465,
Brett Bayless, Broker
Bought with:
NONE NONE, DRE #N/A
None MRML
Source: CRMLS,MLS#: OC24222526
Originating MLS: California Regional MLS

Facts & features
Interior
Heating
- None
Appliances
- Laundry: Common Area
Features
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 24,400
- Total interior livable area: 24,400 sqft
Property
Features
- Levels: One
- Stories: 1
- Entry location: front
- Pool features: None
- Spa features: None
- Has view: Yes
- View description: Mountain(s)
Lot
- Size: 2.15 Acres
- Features: 11-15 Units/Acre
Details
- Parcel number: 404260002
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- New construction: No
- Year built: 1976
Utilities & green energy
- Sewer: Unknown
- Water: Public
Community & neighborhood
Community
- Community features: Suburban
Location
- Region: Beaumont
- Subdivision: Na
Other
Other facts
- Listing terms: Cash to New Loan
Services availability
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Estimated market value
$5,300,100
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$5,300,100