$1,160,000
$1,149,000
1.0%For more information regarding the value of a property, please contact us for a free consultation.
695 Massachusetts AVE Beaumont, CA 92223
10,018 Sqft Lot
Key Details
Sold Price $1,160,000
Property Type Multi-Family
Listing Status Sold
Purchase Type For Sale
MLS Listing ID OC21071279
Sold Date 07/23/21
HOA Y/N No
Year Built 1987
Lot Size 10,018 Sqft
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.
Location
State CA
County Riverside
Area 263 - Banning/Beaumont/Cherry Valley
Zoning R3
Interior
Fireplace No
Laundry Common Area
Exterior
Parking Features Assigned
Garage Spaces 7.0
Garage Description 7.0
Pool None
Community Features Sidewalks
View Y/N No
View None
Total Parking Spaces 10
Private Pool No
Building
Lot Description 6-10 Units/Acre, Rectangular Lot, Yard
Sewer Unknown
Water Public
New Construction No
Others
Senior Community No
Tax ID 418031022
Energy Description 450.0
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Financing Conventional
Special Listing Condition Standard
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Bought with VERONICA RAMOS • KELLER WILLIAMS REALTY