P
Seller's Agent in 2016
Phil Davis
OC Homes Realty
(714) 267-6283
3 Total Sales
490 Michigan Ave Beaumont, CA 92223
Beaumont Area
2
Beds
4
Baths
3,648
Sq Ft
0.32
Acre Lot
Highlights
- 0.32 Acre Lot
- Evaporated cooling system
- Wall Furnace
- Property is near public transit
- Paved or Partially Paved Lot
- Back Yard
About This Home
As of March 20167 Units in a well maintained, quality property in Beaumont. There are 5 one bedrooms and 2 studios. Units are always rented and produce excellent income. This is a great buy for investment with immediate cash flow. Best income producing property available in the area. Buyer to verify and satisfy themselves with regard to all, including condition, age, square footage, permits, location, etc. DO NOT WALK PROPERTY OR CONTACT OCCUPANTS. Drive by only.
Last Buyer's Agent
Ernesto Sandoval
Real Estate eBroker Inc. License #01267124
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1952
Lot Details
- 14,132 Sq Ft Lot
- Two or More Common Walls
- Paved or Partially Paved Lot
- Level Lot
- Back Yard
Parking
- 7 Parking Spaces
Home Design
- 3,648 Sq Ft Home
- Property Attached
- Composition Roof
Bedrooms and Bathrooms
- 2 Bedrooms
- 4 Bathrooms
Utilities
- Evaporated cooling system
- Wall Furnace
Additional Features
- Exterior Lighting
- Property is near public transit
Listing and Financial Details
- Tax Lot 6
- Assessor Parcel Number 418160001
Community Details
Overview
- 7 Units
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $4,980
- Insurance Expense $1,200
- Maintenance Expense $1,200
- Other Expense $2,954
- Trash Expense $1,128
- Water Sewer Expense $3,240
- Gross Income $5,190
- Net Operating Income $45,490
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
Sep 22, 2015
Closed on
Feb 14, 2016
Sold by
Bought by
Seller's Agent
Phil Davis
OC Homes Realty
Buyer's Agent
Ernesto Sandoval
Real Estate eBroker Inc.
List Price
$443,000
Sold Price
$438,000
Premium/Discount to List
-$5,000
-1.13%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$286,000
Interest Rate
0.0365%
Mortgage Type
Commercial
Purchase Details
Closed on
Oct 21, 2011
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
$172,000
Interest Rate
0.0409%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 8, 2010
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
$64,271
Interest Rate
0.0435%
Mortgage Type
Commercial
Purchase Details
Closed on
Dec 28, 2001
Sold by
Bought by
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Home Values in the Area
Average Home Value in this Area
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 |
|---|---|---|---|
| $438,000 | Landwood Title | ||
| -- | None Available | ||
| -- | None Available | ||
| -- | -- |
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 |
|---|---|---|---|
| Previous Owner | $286,000 | ||
| Previous Owner | $175,000 | ||
| Previous Owner | $172,000 | ||
| Previous Owner | $64,271 | ||
| Previous Owner | $8,764 | ||
| Previous Owner | $10,000 |
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 |
|---|---|---|---|---|
| 03/31/2016 03/31/16 | Sold | $438,000 | -1.1% | $120 / Sq Ft |
| 02/13/2016 02/13/16 | Pending | -- | -- | -- |
| 09/22/2015 09/22/15 | For Sale | $443,000 | -- | $121 / 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 |
|---|---|---|---|---|
| 2025 | $6,664 | $518,496 | $127,846 | $390,650 |
| 2023 | $6,664 | $498,365 | $122,883 | $375,482 |
| 2022 | $6,562 | $488,594 | $120,474 | $368,120 |
| 2021 | $6,436 | $479,014 | $118,112 | $360,902 |
| 2020 | $6,372 | $474,103 | $116,901 | $357,202 |
| 2019 | $6,273 | $464,808 | $114,609 | $350,199 |
| 2018 | $6,249 | $455,695 | $112,363 | $343,332 |
| 2017 | $6,600 | $446,760 | $110,160 | $336,600 |
| 2016 | $920 | $63,379 | $14,354 | $49,025 |
| 2015 | $905 | $62,430 | $14,140 | $48,290 |
| 2014 | $2,954 | $61,209 | $13,864 | $47,345 |
Source: Public Records
Agents Affiliated with this Home
-
Phil Davis
-
E
Buyer's Agent in 2016
Ernesto Sandoval
Real Estate eBroker Inc.
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC15208885
APN: 418-160-001
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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