Rob St Onge
FIRST TEAM REAL ESTATE
(951) 848-5891
78 Total Sales
2 in Beaumont
$520K - $570K Price Range
1215 E 8th St Beaumont, CA 92223
Beaumont Area
8
Beds
6
Baths
4,066
Sq Ft
0.4
Acre Lot
Highlights
- 0.4 Acre Lot
- Private Yard
- Tile Flooring
- End Unit
- No HOA
- Evaporated cooling system
About This Home
As of March 20238% CURRENT CAP RATE! Still room for higher proforma rents with this 6 unit property consists of 2 homes, 4 plex and a 7 car garage (approx 1550 sqft)! Easy access from the 10 frwy at Pennsylvania. Only a few mins from Highland Springs and all the shopping that Beaumont has to offer. All units were fumigated in March 2022. Each space is rented out month to month (no section 8, all market rent) and current except 1 front house is vacant (can put in market renters)! one of the front houses has new flooring, new paint, new roof new bathroom and updated interior. Property has been maintained over the years with capital improvements spanning the last 15-20 years. Three interior units recently renovated, property recently tented/fumigated, and one roof replaced (front house). Three units have washer/dryer hookups and three units only have washer hookups (but can easily be converted to include dryers), There is an outside coin-op dryer available to those units. All units have their owner gas water heaters. Owner pays water, sewer and trash dumpster (can increase cash flow by converting to individual trash bins instead). Great potential. (Buyer to verify sqft, county/city records, zoning allowed uses, etc - this is located in the City of Beaumont).
Last Agent to Sell the Property
DEBRA HANNA BROKER License #01473392 Listed on: 08/01/2022
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1956
Lot Details
- 17,424 Sq Ft Lot
- End Unit
- Two or More Common Walls
- Private Yard
- Front Yard
- Land Lease
Parking
- 7 Car Garage
Home Design
- Apartment
Interior Spaces
- 4,066 Sq Ft Home
- 1-Story Property
- Tile Flooring
- Gas Range
- Washer and Gas Dryer Hookup
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Outdoor Features
- Exterior Lighting
Utilities
- Evaporated cooling system
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
- Gas Water Heater
Listing and Financial Details
- Tenant pays for electricity, gas, telephone
- Legal Lot and Block 1 / 61
- Assessor Parcel Number 418020003
- $74 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Buildings
- 6 Units
Amenities
- Laundry Facilities
Building Details
- 6 Leased Units
- 7 Separate Electric Meters
- 6 Separate Gas Meters
- 1 Separate Water Meter
- Gardener Expense $1,200
- Insurance Expense $2,808
- Other Expense $2,833
- Trash Expense $3,539
- Water Sewer Expense $4,133
- Operating Expense $14,513
- Gross Income $98,064
- Net Operating Income $83,551
Ownership History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Aug 1, 2022
Closed on
Apr 4, 2023
Sold by
Bought by
Seller's Agent
Debbie Hanna
DEBRA HANNA BROKER
Buyer's Agent
KEVIN TALAB
Smart Group Housing & Finance
List Price
$1,150,000
Sold Price
$985,000
Premium/Discount to List
-$165,000
-14.35%
Views
66
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$478,959
Interest Rate
6.09%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 1, 2022
Closed on
Feb 15, 2023
Sold by
Bought by
Seller's Agent
Debbie Hanna
DEBRA HANNA BROKER
Buyer's Agent
KEVIN TALAB
Smart Group Housing & Finance
List Price
$1,150,000
Sold Price
$985,000
Premium/Discount to List
-$165,000
-14.35%
Views
66
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$500,000
Outstanding Balance
$478,959
Interest Rate
6.09%
Mortgage Type
New Conventional
Purchase Details
Listed on
Aug 1, 2022
Closed on
Jan 30, 2023
Sold by
Bought by
Seller's Agent
Debbie Hanna
DEBRA HANNA BROKER
Buyer's Agent
KEVIN TALAB
Smart Group Housing & Finance
List Price
$1,150,000
Sold Price
$985,000
Premium/Discount to List
-$165,000
-14.35%
Views
66
Purchase Details
Closed on
Aug 21, 2014
Sold by
Bought by
Purchase Details
Closed on
Jun 13, 2000
Sold by
Bought by
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$103,900
Interest Rate
8.25%
Mortgage Type
Commercial
Home Values in the Area
Average Home Value in this Area
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-
Rob St Onge
-
George Cordova
George Cordova
EXP REALTY OF CALIFORNIA INC
(626) 602-2962
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-
Lisa DeLuna
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-
Dennis Miller
Dennis Miller
Responds QuicklyRE/MAX ADVANTAGE
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-
MEGANN CENTENO
MEGANN CENTENO
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318 Total Sales
4 in Beaumont
$495K - $560K Price Range
-
Tyler Rogina
Tyler Rogina
Compass
(424) 417-6460
121 Total Sales
2 in Beaumont
$500K - $535K Price Range
Purchase History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Buyer | Sale Price | Title Company |
|---|---|---|---|
| -- | First American Title | ||
| -- | First American Title | ||
| $985,000 | First American Title | ||
| -- | None Available | ||
| $130,000 | Commonwealth Land Title Co |
Source: Public Records
Mortgage History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Status | Borrower | Loan Amount |
|---|---|---|---|
| Open | $500,000 | ||
| Previous Owner | $103,900 |
Source: Public Records
Property History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 03/08/2023 03/08/23 | Sold | $985,000 | -10.4% | $242 / Sq Ft |
| 11/17/2022 11/17/22 | Price Changed | $1,099,000 | -4.4% | $270 / Sq Ft |
| 11/01/2022 11/01/22 | Price Changed | $1,149,000 | -0.1% | $283 / Sq Ft |
| 08/01/2022 08/01/22 | For Sale | $1,150,000 | -- | $283 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2026 | $13,355 | $1,045,289 | $169,793 | $875,496 |
| 2025 | $13,105 | $1,024,794 | $166,464 | $858,330 |
| 2023 | $13,105 | $217,221 | $65,161 | $152,060 |
| 2022 | $2,903 | $212,963 | $63,884 | $149,079 |
| 2021 | $2,848 | $208,788 | $62,632 | $146,156 |
| 2020 | $2,818 | $206,648 | $61,990 | $144,658 |
| 2019 | $2,774 | $202,597 | $60,775 | $141,822 |
| 2018 | $2,763 | $198,626 | $59,584 | $139,042 |
| 2017 | $2,720 | $194,732 | $58,416 | $136,316 |
| 2016 | $2,649 | $190,915 | $57,271 | $133,644 |
| 2015 | $2,605 | $188,049 | $56,411 | $131,638 |
| 2014 | $2,607 | $184,367 | $55,307 | $129,060 |
Source: Public Records
Agents Affiliated with this Home
-
Debbie Hanna
Seller's Agent in 2023
Debbie Hanna
DEBRA HANNA BROKER
(909) 528-2512
23 Total Sales
-
KEVIN TALAB
K
Buyer's Agent in 2023
KEVIN TALAB
Smart Group Housing & Finance
(818) 842-5552
5 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: EV22168137
APN: 418-020-003
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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. Properties may or may not be listed by the office/agent presenting the information
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