$625,000
$25K PRICE DROP

207 E 5th St Beaumont, CA 92223

Estimated payment $3,603/month

Total Views 12,273
5 Beds
3 Baths
1,960 Sq Ft
$319 Price per Sq Ft

Highlights

  • Golf Course Community
  • No HOA
  • Evaporated cooling system
  • Fishing
  • Hiking Trails
  • Laundry Room

About This Home

Welcome home to the fast growing city of Beaumont! 2 homes on 1 lot! Amazing potential for a primary residence or an investment property for cash flow. Each home already has separate water and gas meters. The larger home is a 3 bedroom with 2 bathrooms with approximately 1320 sf. and the smaller home is a 1 bedroom with 1 bathroom with approximately 640 sf. There is so much potential with this property because it's also zoned commercial with freeway visibility!

Listing Agent

Chris Campbell

RE/MAX ADVANTAGE Brokerage Phone: 951-237-4531 License #01487581 Listed on: 03/08/2025

RE/MAX ADVANTAGE

Co-Listing Agent

Brandon Mihld

RE/MAX ADVANTAGE Brokerage Phone: 951-237-4531 License #01968068

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,687

Year Built

  • Built in 1940

Lot Details

  • 0.3 Acre Lot
  • Lot Dimensions are 82x265
  • No Common Walls
  • Rural Setting
  • Chain Link Fence
  • Irregular Lot

Home Design

  • Cosmetic Repairs Needed
  • Composition Roof

Interior Spaces

  • 1,960 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 3 Bathrooms

Utilities

  • Evaporated cooling system
  • Wall Furnace
  • Natural Gas Connected
  • Sewer Paid
  • Cable TV Available

Additional Features

  • Exterior Lighting
  • Urban Location

Listing and Financial Details

  • Legal Lot and Block 112 / 112
  • Tax Tract Number 440
  • Assessor Parcel Number 418130041
  • $135 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 2 Units
  • Foothills
  • Mountainous Community

Recreation

  • Golf Course Community
  • Fishing
  • Park
  • Dog Park
  • Horse Trails
  • Hiking Trails
  • Bike Trail

Building Details

  • 2 Separate Electric Meters
  • 2 Separate Gas Meters
  • 2 Separate Water Meters
  • Insurance Expense $1,350
  • Operating Expense $2,500
  • Gross Income $27,650
  • Net Operating Income $30,550

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,687

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Price Per Unit: 312500
  • Property Attached: No
  • Zoning: CM
  • Property Condition: Repairs Cosmetic
  • Property Sub Type: Commercial/Residential
  • Property Type: Residential Income
  • Parcel Number: 418130041
  • Year Built: 1940
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 1
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Levels: One
  • Price Per Square Foot: 318.88
  • Room Type: All Bedrooms Down, Kitchen

Exterior Features

  • Fence: Yes
  • Fencing: Chain Link
  • Pool Private: No
  • Roof: Composition
  • Spa: No

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: In Closet
  • Sewer: Sewer Paid
  • Water Source: Public
  • Cooling: Evaporative Cooling
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Dog Park, Fishing, Foothills, Golf, Hiking, Horse Trails, Park, Mountainous, Rural, Sidewalks, Storm Drains, Street Lights, Urban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Irregular Lot
  • Lot Size: 82X265
  • Lot Size Sq Ft: 13068.00
  • Lot Size Acres: 0.3000

Rental Info

  • Tenant Pays: All Utilities, Electricity, Gas

Multi Family

  • Gross Income: 27650.00
  • Gross Scheduled Income: 31800.00
  • Insurance Expense: 1350.00
  • Lease Term: Month To Month
  • Lot Size Area: 13068.0000 Square Feet
  • Net Operating Income: 30550.00
  • Number Of Separate Electric Meters: 2
  • Number Of Separate Gas Meters: 2
  • Number Of Separate Water Meters: 2
  • Number Of Units Total: 2
  • Operating Expense: 1250.00
  • Rent Control: No
  • Total Expenses: 2500.00

Tax Info

  • Tax Block: 112
  • Tax Census Tract: 440.00
  • Tax Lot: 112
  • Tax Tract Number: 440
  • TaxOtherAnnualAssessmentAmount: 135.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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 $2,687 $200,730 $81,026 $119,704
2023 $2,687 $192,937 $77,881 $115,056
2022 $2,796 $189,154 $76,354 $112,800
2021 $2,716 $185,446 $74,857 $110,589
2020 $3,193 $183,546 $74,090 $109,456
2019 $3,636 $179,948 $72,639 $107,309
2018 $2,853 $176,420 $71,215 $105,205
2017 $2,414 $172,962 $69,819 $103,143
2016 $2,351 $169,571 $68,450 $101,121
2015 $2,312 $167,026 $67,423 $99,603
2014 $2,313 $163,755 $66,103 $97,652
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/02/2025 05/02/25 Price Changed $625,000 -3.8% $319 / Sq Ft
03/08/2025 03/08/25 For Sale $650,000 -- $332 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Purchase History

Date Type Sale Price Title Company
Interfamily Deed Transfer -- --
Source: Public Records

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG25045477

California Regional Multiple Listing Service (CRMLS)

APN: 418-130-041