1498 E 6th Street
1498 E 6th Street
1498 E 6th Street
1498 E 6th Street
1498 E 6th Street
1498 E 6th Street
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1498 E 6th Street
1498 E 6th Street
1498 E 6th Street
1498 E 6th Street
1498 E 6th Street
1498 E 6th Street
Sold

1498 E 6th Street

1498 E 6th Street, Beaumont, CA 92223

$945,000
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.

3,789 Sq.Ft. LIVING AREA

10,890 Sq.Ft. lot

Prashant Sampat

Prashant Sampat

Features & Amenities

Interior

  • Laundry room None

Area & Lot

  • Status Sold
  • Living Area3,789 Sq.Ft.
  • Lot Area10,890 Sq.Ft.
  • MLS® IDCV24103763
  • TypeCondo
  • YEAR BUILT1948

Exterior

  • STORIES2
  • Garage Space4.0
  • water SourcePublic
  • utilitiesElectricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • PoolNone
  • lot features26-30 Units/Acre
  • parkingNone
  • HEAT TYPEWall Furnace
  • AIR CONDITIONINGWall/Window Unit(s)
  • sewerPublic Sewer

Financial

  • Sales Price$945,000
  • Maintenance Fee $5,600/mo
  • Zoning R

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