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.
Great Investments Opportunity!! An Amazing Duplex in Good Condition, new paint, new hard wood floors, ceiling fans through out. Both units are move in ready, and there is a very strong rental market in this area. The Property offers 2 units, Front Unit 2bd/1ba with Large Front Yard, rear unit 1bd/1ba with plenty of Yard space in rear, both with their very own washer and dryer. Located close to everything, you could live in one and rent out the other great opportunity either way! Both units have separate electric and gas meters, one water meter a long driveway for plenty of parking with a large gate in front for added security. INTEREST RATES ARE COMING DOWN, DONT WAIT, A MUST SEE, BEFORE ITS GONE!! PROPERTY “SOLD AS IS”
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.
Great Income Producing Property!! You can live on property and have 5 other units to rent out. There is also a Cherry orchard. Land is 4.87 acres with potential to build more homes. Buyers to do their own due diligence, 4 (1) bedroom units 1 Studio which can be a 1 bd as well and 3-bedroom 2 bath home remodeled with hard wood floors throughout and a basement as well, a large patio to sit and enjoy your estate. There is also a 4000 sq ft Barn on Property and a tractor ready for a driver. This beautiful 4.87 acre lot has 400 cherry trees, citrus fruit trees and pistachio trees; 2 water meters (1 residential and 1 irrigation) and drip irrigation. Buildings include the main home (3 bed 2.5 bath with attached garage), a workshop (with living quarters and restrooms), a barn/outbuilding, and 4 rental units (each with 1 bedroom, 1 bath and a carport) and a studio with 1 bath. The main home was completely refurbished in 2000. Has plenty of open useable living space, newer energy efficient windows and central heat/air. It also features a large kitchen with a walk-in pantry, a large laundry room with a utility sink and an office. Outside there is a large back patio with a full outdoor kitchen, RV parking and an RV dump station. In addition to the attached 2-car oversized garage and outbuildings, the large basement allows for ample storage space. The possibilities are endless with this endlessly unique property.
Fantastic opportunity for anyone looking for additional income. There are two buildings on this property. The first unit is a single-family residence which is approximately 1100 square feet and boasts 4 bedrooms and 1 bathroom. The second unit is approximately 2316 square feet and is divided into a duplex. The front unit contains 2 bedrooms with 1 bathroom as well as a living area and full kitchen. The back unit features 3 bedrooms with 1 bathroom and also has a family room and full kitchen. These units are situated on a large lot which is zoned residential as well as commercial. The current owner has completed many upgrades and repairs since the property was purchased in 2021 such as interior/exterior paint, kitchen remodels on the house and front unit of the duplex. They also installed new flooring in the house and the front unit of the duplex and provided some bathroom upgrades and roof repairs. All three units are currently leased however, the tenants are cooperative. Some may wish to continue to lease if the new owner is interested. Centrally located with each unit having its own private access and located close to freeways, shopping and local restaurants. Again, this is a great rental opportunity.
1960sf Single-Family Residential Farmhouse charmer zoned Commercial in the City of Beaumont! With a welcoming front porch and fresh paint; this house is 4-bedrooms, 1-bath with a possible 2nd room/office entrance at the front of the property. The interior features wainscoting, high coffered ceilings and clean lines with carpet throughout. Ceiling fans in every room and plenty of natural light. Wall mounted air unit and wall furnace. The original kitchen is spacious with plenty of built in cabinetry, electric stove, refrigerator, wood pedestal table and leads into a mudroom complete with utility sink which exits to a large rear fenced yard. This property is surrounded by Commercial neighboring uses, an excellent value-add investor/owner-user opportunity. I-10 Freeway and Downtown close, nearby to all local amenities. Zoned DMU Downtown Mixed-Use with a variety of Residential uses allowed. Buyer to verify own zoning/use.
Courtesy: GI Realty
Attention investors huge price reduction ,2 Homes on a lot , Brand new construction. this property consist on 2 units first one has 4 bedrooms 2 bath 1900 sf 2nd is a 2 bedrooms 2 bath rear both properties have separate electric and gas meters, each unit also comes with solar panel system not leased included, quartz counter tops, tile in masters bath, luxury vinyl planks , new stove range, microwave, dishwasher, laundry rooms, fire sprinkler systems on both units.No HOA.
Beaumont is located in California. Beaumont, California has a population of 52,081. Beaumont is more family-centric than the surrounding county with 39.6% of the households containing married families with children. The county average for households married with children is 35.14%.
The median household income in Beaumont, California is $92,797. The median household income for the surrounding county is $76,066 compared to the national median of $69,021. The median age of people living in Beaumont is 34.7 years.
The average high temperature in July is 97.7 degrees, with an average low temperature in January of 39.4 degrees. The average rainfall is approximately 22.6 inches per year, with 0.7 inches of snow per year.
