NOT LISTED FOR SALE

14202 California Ave Beaumont, CA 92223

Estimated Value: $487,694 - $555,000

3 Beds
2 Baths
1,400 Sq Ft
$363/Sq Ft Est. Value

Last Sold August 07, 2020

Last sale price $339,000 $242 Per Sq Ft

Est. 44% increase in value since last sale

Current estimated payment $3,077/month

259 Days on Market

Highlights

  • Horse Property Unimproved
  • Laundry Room
  • 1-Story Property
  • 0.9 Acre Lot
  • No Heating

About This Home

As of August 2020

The sale consists of over ± .9 acres total, 14202-04 California Ave. There is a community well that provides water to the parcel, as well as an exclusive private well to support each parcel if needed. This property consists of a remodeled duplex with a 2 bed 1 bath and a 1 bed 1 bath. Very nice layout within the units and easy to maintain. This property has its own septic system and additional land that is not being used, could possibly build more units. Existing GSI is $27,000 before any expenses and offers an attractive cap rate with great upside. Can be purchased with adjacent property at 14202 California Ave at a discounted bulk price, see MLS#EV19230521.

Last Agent to Sell the Property

Nathan Diones

REGIONCY REAL ESTATE License #01767311 Listed on: 09/27/2019

Last Buyer's Agent

Crystal Chavira

Realty ONE Group West License #02095324

Realty ONE Group West

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,974

Year Built

  • Built in 1959

Lot Details

  • 0.9 Acre Lot
  • 1 Common Wall
  • Rural Setting

Home Design

  • Property Attached

Interior Spaces

  • 1,400 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 2 Parking Spaces
  • 2 Carport Spaces

Horse Facilities and Amenities

  • Horse Property Unimproved

Utilities

  • No Heating
  • Shared Well
  • Well
  • Conventional Septic

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Tax Lot 12
  • Tax Tract Number 3653
  • Assessor Parcel Number 428010007

Community Details

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $800
  • Trash Expense $300
  • Water Sewer Expense $300
  • New Taxes Expense $4,562
  • Operating Expense $7,162
  • Gross Income $2,250
  • Net Operating Income $19,028

Additional Features

  • 2 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,974

Year Built

Built in 1959

Lot Details

0

Listing Details

  • Assessments: Yes
  • CapRate: 5.20
  • Other Phone Description: Nathan Diones
  • Other Phone Number: 909-709-3781
  • Property Attached: Yes
  • Water Sewer Expenses: 300.00
  • Property Type: Residential Income
  • Parcel Number: 428010007
  • Year Built: 1959
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: 1 Common Wall
  • Levels: One
  • Price Per Square Foot: 242.14

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 2.00
  • Total Parking Spaces: 2.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Conventional Septic
  • Trash Expense: 300.00
  • Water Source: Shared Well, Well

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Rural

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Horse Property Unimproved, Lot 20000-39999 Sqft
  • Lot Size Sq Ft: 39204.00
  • Lot Size Acres: 0.9000
  • Latitude Manual: 33.91568400

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Gross Income: 2250.00
  • Gross Multiplier: 13.50
  • Gross Operating Income: 26190.00
  • Gross Scheduled Income: 27000.00
  • Insurance Expense: 800.00
  • Lot Size Area: 39204.0000 Square Feet
  • Net Operating Income: 19028.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 2
  • Operating Expense: 7162.00
  • Operating Expense Percent: 27.00
  • Rent Control: No
  • Total Expenses: 7162.00
  • Vacancy Allowance: 810
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 4562.00
  • Tax Census Tract: 438.22
  • Tax Lot: 12
  • Tax Tract Number: 3653

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Apr 12, 2022
Sold by
Luis Rivera
Bought by
Rivera Jesse and Rivera Christina
Current Estimated Value
$488,549

Purchase Details

Listed on
Sep 27, 2019
Closed on
Jul 1, 2020
Sold by
Rivera Nohelia N
Bought by
Rivera Luis
Seller's Agent
Nathan Diones
REGIONCY REAL ESTATE
Buyer's Agent
Crystal Chavira
Realty ONE Group West
List Price
$349,500
Sold Price
$339,000
Premium/Discount to List
-$10,500
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
7.62%
Original Mortgage
$325,986
Interest Rate
3.1%
Mortgage Type
FHA

Purchase Details

Listed on
Sep 27, 2019
Closed on
Jun 18, 2020
Sold by
Duhamell Matthew N
Bought by
Rivera Jesse and Rivera Christina
Seller's Agent
Nathan Diones
REGIONCY REAL ESTATE
Buyer's Agent
Crystal Chavira
Realty ONE Group West
List Price
$349,500
Sold Price
$339,000
Premium/Discount to List
-$10,500
-3%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$325,986
Interest Rate
3.1%
Mortgage Type
FHA
Source: Public Records

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Rivera Jesse -- Rivera Luis
Rivera Luis -- Stewart Title
Rivera Jesse $339,000 Stewart Title
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Rivera Jesse $19,190
Previous Owner Rivera Luis $325,986
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/07/2020 08/07/20 Sold $339,000 -3.0% $242 / Sq Ft
06/12/2020 06/12/20 Pending -- -- --
05/21/2020 05/21/20 For Sale $349,500 +3.1% $250 / Sq Ft
05/20/2020 05/20/20 Off Market $339,000 -- --
02/28/2020 02/28/20 Price Changed $349,500 0.0% $250 / Sq Ft
02/28/2020 02/28/20 For Sale $349,500 +3.1% $250 / Sq Ft
02/11/2020 02/11/20 Off Market $339,000 -- --
10/04/2019 10/04/19 Price Changed $360,000 -1.4% $257 / Sq Ft
09/27/2019 09/27/19 For Sale $365,000 +78.0% $261 / Sq Ft
10/20/2016 10/20/16 Sold $205,000 0.0% $143 / Sq Ft
10/20/2016 10/20/16 Price Changed $205,000 -48.7% $143 / Sq Ft
09/30/2016 09/30/16 For Sale $399,900 0.0% $278 / Sq Ft
01/28/2016 01/28/16 Pending -- -- --
04/24/2015 04/24/15 For Sale $399,900 -- $278 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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
2025 $4,974 $386,123 $82,420 $303,703
2023 $4,974 $371,131 $79,220 $291,911
2022 $4,658 $345,779 $76,502 $269,277
2021 $4,569 $339,000 $75,002 $263,998
2020 $2,954 $217,547 $42,448 $175,099
2019 $2,908 $213,282 $41,616 $171,666
2018 $2,896 $209,100 $40,800 $168,300
2017 $2,851 $205,000 $40,000 $165,000
Source: Public Records

Agents Affiliated with this Home

  • Nathan Diones

    Seller's Agent in 2020

    Nathan Diones

    REGIONCY REAL ESTATE

    (909) 709-3781

    1 in this area

    26 Total Sales

    Section Image

  • C

    Buyer's Agent in 2020

    Crystal Chavira

    Realty ONE Group West

    (909) 851-2796

    3 in this area

    38 Total Sales

    Section Image

  • D

    Seller's Agent in 2016

    DAWN HENRY

    COLDWELL BANKER KIVETT-TEETERS

    Section Image

  • N

    Buyer's Agent in 2016

    NoEmail NoEmail

    NONMEMBER MRML

    (646) 541-2551

    255 in this area

    5,796 Total Sales

    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV19230498

California Regional Multiple Listing Service (CRMLS)

APN: 428-010-007

California Riverside County Beaumont 92223

14202 California Ave, Beaumont, CA

This home is located at 14202 California Ave, Beaumont, CA 92223 since 27 September 2019 and is currently estimated at $507,674, approximately $362 per square foot. This property was built in 1959. 14202 California Ave is a home located in Riverside County with nearby schools including Three Rings Ranch Elementary School, Mountain View Middle School, and Beaumont Senior High School.

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.

California Regional Multiple Listing Service (CRMLS) 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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