926 Edgar Avenue
Beaumont, CA 92223
- – beds
- – baths
- – sqft
- ~1/2 acre lot
- 1977 build
- – on site
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Highlights: Tremendous Upside with a ProForma CAP Rate of 6.71% / Current CAP Rate of 5.50% / ProForma GRM of 9.60 & Current GRM of 11.20 / Rental Comparables Illustrate a 98% Occupancy Area / 2-bedroom units in Beaumont are currently leasing at a rate of $1,750 per month / The property was constructed in 1977 & is located on a spacious 0.38-acre lot / New & improved rooftops / Charming 6-unit multifamily property / Single-story, cottage-style units / No shared walls between units / Individually metered for gas and electric / Onsite parking available at the rear of the property / Discover a unique investment opportunity in Beaumont, California, with this charming 6-unit multifamily property. Nestled on a spacious 0.38-acre lot, this well-maintained property offers a desirable blend of privacy and convenience with its single-story, cottage-style units, each featuring no shared walls. Built in 1977, each of the six units is thoughtfully designed with 2 bedrooms and 1 bathroom, providing comfortable and functional living spaces for tenants. Recent upgrades include newer roofs, ensuring low maintenance costs and added peace of mind. The property is designed for efficient management with each unit individually metered for gas and electric, and onsite parking available at the rear of the property adds convenience for tenants and guests alike.
Last checked:
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Last updated Dec 19, 2024
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MLS# IV24171885 —
The Building
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Year Built:1977
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:4500.00
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Building Area Units:Square Feet
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Total Number Of Units:6
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# of Buildings:6
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Stories Total:1
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Entry Level:1
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Common Walls:No Common Walls
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# of Separate Gas Meters:6
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# of Separate Water Meters:1
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# of Separate Electric Meters:6
Interior
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Levels:One
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Entry Location:1
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Laundry:Inside
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Laundry:1
Location
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Directions:See address
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Latitude:33.93446300
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Longitude:-116.97959100
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Lot Features:2-5 Units/Acre
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Lot Size Area:0.3800
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Lot Size Acres:0.3800
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Lot Size SqFt:16552.80
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Lot Size Source:Assessor
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:44
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Tax Census Tract:439.00
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Tax Tract:002...
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Tax Lot:14
The Listing
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Special Listing Conditions:Standard
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Parcel Number:415262021
Heating & Cooling
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Heating:None
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Subdivision:Other (OTHR)
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Subdivision:Unknown
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Features:Suburban
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Pool:None
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Senior Community:No
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Private Pool:No
Parking
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Parking Spaces:6.00
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Carport Spaces:6.00
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
12/17/24
Dec 17, 2024
|
Sold | CRMLS_CA | $1,160,000 | -1.3% |
|
11/6/24
Nov 6, 2024
|
Pending | CRMLS_CA | $1,175,000 | |
|
10/18/24
Oct 18, 2024
|
Price Changed | CRMLS_CA | $1,175,000 | -2.1% |
