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.
Sold for $945,000 on 08/06/24
Listing Provided by:
Kevin Struve DRE #01266441 kevin.struve@marcusmillichap.com,
MARCUS & MILLICHAP
$945,000
1498 E 6th St, Beaumont, CA 92223
--beds
--baths
3,789sqft
Multi Family
Built in 1948
-- sqft lot
$948,000 Zestimate®
$249/sqft
$2,597 Estimated rent
What's special
Zillow last checked: 7 hours ago
Listing updated: December 04, 2024 at 07:20pm
Listing Provided by:
Kevin Struve DRE #01266441 kevin.struve@marcusmillichap.com,
MARCUS & MILLICHAP
Bought with:
Prashant Sampat, DRE #01916221
Pacific Avenue Realty
Source: CRMLS,MLS#: CV24103763
Originating MLS: California Regional MLS

Facts & features
Interior
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Laundry: None
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 3,789
- Total interior livable area: 3,789 sqft
Property
Parking
- Total spaces: 8
- Parking features: None
- Garage spaces: 4
- Uncovered spaces: 4
Features
- Levels: Two
- Stories: 2
- Entry location: 1
- Pool features: None
Lot
- Size: 0.25 Acres
- Features: 26-30 Units/Acre
Details
- Parcel number: 419202012
- Zoning: R
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Biking
Location
- Region: Beaumont
- Subdivision: Sub Sec 11 T3s R1w
HOA & financial
Other financial information
- Total actual rent: 6950
Other
Other facts
- Listing terms: Cash,Cash to New Loan
Services availability
Get a cash offer in 3 minutes
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Estimated market value
$948,000
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
$948,000