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Backup Offers

845 E 6th St, Beaumont, CA, 92223

$2,195,000

Home List Price

$10,000*

Closing Credit

0 Baths
Condo

Location

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845 E 6th St, Beaumont$2,195,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeCondominium
Year Built1955
HeatingWall Furnace
CoolingWall/Window Unit(s)
FireplaceNone
MLS #CV24181611
Lot Size0.64 Acres
StatusAccepting Backup Offers
(Active Under Contract)

About 845 E 6th St

The 6th Street apartments is a 16-unit multi-family property located at 845 E. 6th Street in Beaumont, California. Situated on a spacious ±0.64-acre corner lot, this property features mostly single-story units and a pitched composition roof. Built in 1937 / 1955, the building has 8 studio units, 6 one-bedroom units, and two 2-bedroom units. Over the past 3 years, 11 of the 16 units are updated with new flooring and paint. The property is master metered for electric and gas, with the owner additionally responsible for water / sewer, and trash. An astute investor has the opportunity to enhance cash flow by installing sub-meters for electricity. This investment offers solid returns and significant value-add potential in a growing market. Seller Financing Available at 6% Interest Only for 3 Year. In place cap rate of 6.1% and 9.2 GRM.

Property Details

Property Features

Property Information:

  • Year Built: 1955
  • Stories: 2

Listing Office:

  • Office Name: MARCUS & MILLICHAP
  • Office Email: kevin.struve@marcusmillichap.com
  • Listing Agent: Kevin Struve

Interior Features

Interior Information:

  • Fireplace: None

Exterior Features

Exterior Information:

  • Private Pool: No

Lot Features

Lot Information:

  • Lot Size: 0.64 Acres

Utilities

Utilities Information:

  • Heating: Wall Furnace
  • Cooling: Wall/Window Unit(s)

Other

Directions Information:

  • Directions: E. 6th Street and Palm Avenue

Price Information

Listing Price Info

Price Summary:

  • List Price: $2,195,000

Tax Information:

  • Annual Amount: $14,604
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Beaumont, CA.

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Beaumont, CA

City

Med. Sold Price

$530K

Med. Price/SqFt

$256

Avg. Days On Market

48

# of Sold Homes

52

845 E 6th St vs Beaumont

82 DAYS ON ROCKET

+34 Days

$2,195,000

+$1.6M More

KEY TAKEAWAY

This property is $1.6M more than the Median Sold Price in Beaumont, CA.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: CRMLS
  • MLS Number: #CV24181611

Listing Office:

  • Office Name: MARCUS & MILLICHAP
  • Office Email: kevin.struve@marcusmillichap.com
  • Listing Agent: Kevin Struve

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 11/25/2024, 6:20:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Mar 15, 2021Home Sold
$1,200,000
Mar 23, 2018Home Sold
$1,050,000
Apr 23, 2014Home Sold
$325,000
Aug 31, 1994Home Sold
$150,000

Tax History

YEARPROP. TAXASSESSMENT
2021$14,604$1,103,736
2020$14,604$1,092,420
2018$5,333$350,139
2017$4,629$343,275

History based on county public records data.

Payment Calculator

$11K

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$6,647

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1300285
5
/10

  • Palm Innovation Academy

  • 751 Palm Ave

  • 0.20 miles

  • Public District Grades KG-5

school-card-donut-1300286
5
/10

  • Anna M. Hause Elementary School

  • 1015 Carnation Ln

  • 0.76 miles

  • Public District Grades KG-5

school-card-donut-1300287
6
/10

  • Sundance Elementary School

  • 1520 E 8th St

  • 1.03 miles

  • Public District Grades KG-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $30,616. Typical income of Beaumont, CA residents is less than $35k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Frequently Asked Questions About 845 E 6th St

What is the listing price of this property?

The listing price of 845 E 6th St property is $2,195,000.

What type of property is this?

The property 845 E 6th St is a condo located in Beaumont, California, 92223.

Is this property for sale now?

Accepting Backup Offers: 845 E 6th St is Accepting Backup Offers (Active Under Contract), there is still a chance to have your real estate agent submit an offer.

What is the annual property tax for this property?

According to the records, the last property tax for 2021 is $14,604 (source: MLS/based on county public records data).

When was this property sold last time and for how much?

The last sale was on March 15, 2021 for $1,200,000. (source: MLS/tax record).

Which year was this property built?

The year of construction for 845 E 6th St is 1955.

Rocket Homes›California›Riverside County›Beaumont›92223›845 E 6th St

This home is located at 845 E 6th St in Beaumont, CA and zip code 92223 in the Downtown Beaumont neighborhood. This home, which was built in 1955, sits on a 0.64 acre lot. It has been listed on Rocket Homes since September 03, 2024 and is currently priced at $2,195,000.

In October 2024, from all listings sold in Beaumont, CA there were more than 18 sold above asking price, over 18 sold below and more than 16 were sold right at the asked price. In October 2024 in Beaumont, CA there were 3.2% less homes for sale than in September 2024. In October 2024, listings were on the market for 48 days. During the same period, the median list price in this real estate market was $530,000.

From Rocket Homes Real Estate and based on county public records data.

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