Mitchell Stein
KW College Park
(424) 332-1466
41 Total Sales
1 in Beaumont
$480,000 Price
726 Chestnut Ave Beaumont, CA 92223
Beaumont Area
14
Beds
14
Baths
6,100
Sq Ft
10,019
Sq Ft Lot
About This Home
As of December 2020Entering for MLS Purposes ONlY- SOLD COMP.
Amazing Income property in Riverside County. This Multi-family 6 unit property based in the city of Beaumont has it all. Excellent location, Unit mix, condition and stable income. Upgrades in property include, Recently replaced floors, paint inside and outside the building, new stairs, all units rented with leases covering a full year, low vacancy, 5 garage spots and plenty of carport spots. The unit is mostly in a single family area so not that much competition from other apartment buildings. It is also close to a high school and elementary schools. The proximity to Easy access to freeway, close to main street, Beaumont ave, make it very attractive to tenants. This property wont last long, one of the best deals on the market.
Last Agent to Sell the Property
Pacific Avenue Realty License #01916221 Listed on: 12/30/2020
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1945
Lot Details
- 10,019 Sq Ft Lot
- 1 Common Wall
- Density is 6-10 Units/Acre
Parking
- 5 Car Garage
- 7 Carport Spaces
Home Design
- 6,100 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 14 Bedrooms
- 14 Bathrooms
Additional Features
- Laundry Room
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Legal Lot and Block 12 / 64
- Tax Tract Number 64
- Assessor Parcel Number 418043007
Community Details
Building Details
- 7 Separate Electric Meters
- 7 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $780
- Gardener Expense $600
- Insurance Expense $2,320
- Professional Management Expense $3,600
- Trash Expense $2,604
- Water Sewer Expense $4,000
- New Taxes Expense $10,781
- Operating Expense $25,000
- Net Operating Income $65,000
Additional Features
- 6 Units
- Laundry Facilities
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
Dec 30, 2020
Closed on
Dec 21, 2020
Sold by
Ajs Capital Investments Inc
Bought by
Seller's Agent
Prashant Sampat
Pacific Avenue Realty
Buyer's Agent
Prashant Sampat
Pacific Avenue Realty
List Price
$975,000
Sold Price
$960,000
Premium/Discount to List
-$15,000
-1.54%
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$624,000
Outstanding Balance
$543,913
Interest Rate
2.7%
Mortgage Type
Commercial
Purchase Details
Closed on
Feb 2, 2018
Sold by
Hnr Investment Group Llc
Bought by
Ajs Capital Investments Inc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$511,000
Interest Rate
4.46%
Mortgage Type
Purchase Money Mortgage
Purchase Details
Closed on
Jan 4, 2017
Sold by
Avina Daniel Ascencio and Ascencio Basilisa
Bought by
Hnr Investment Group Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$491,000
Interest Rate
4.16%
Mortgage Type
Commercial
Purchase Details
Closed on
Apr 4, 2016
Sold by
Avina Daniel Ascencio and Ascencio Basilisa
Bought by
Ascencio Trust
Purchase Details
Closed on
Aug 24, 2006
Sold by
Sarkisian James S and Sarkisian Judi W
Bought by
Avina Daniel Ascencio and Ascencio Basilisa
Purchase Details
Closed on
Dec 17, 2002
Sold by
Galleher Jeffery Dean
Bought by
Sarkisian James S and Sarkisian Judi W
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$210,000
Interest Rate
5.54%
Mortgage Type
Commercial
Purchase Details
Closed on
Jan 21, 1999
Sold by
Victor Mcgraw and Victor Maria Mcgraw
Bought by
Galleher Jeffery Dean
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Beaumont, CA
-
Mitchell Stein
-
Yulia Basabilvazo
Yulia Basabilvazo
Elevate Real Estate Agency
(951) 339-2487
30 Total Sales
1 in Beaumont
$450,000 Price
-
Sharon Smith
Sharon Smith
Berkshire Hathaway Homeservices California Realty
(760) 548-3262
65 Total Sales
42 in Beaumont
$49K - $617K Price Range
-
CIERA SIMS-BOTSFORD
CIERA SIMS-BOTSFORD
ANOMALY REAL ESTATE
(951) 749-9183
207 Total Sales
12 in Beaumont
$455K - $715K Price Range
-
Craig Flint
Craig Flint
NET GAINS REAL ESTATE
(909) 417-6018
25 Total Sales
1 in Beaumont
$369,000 Price
-
Shelly Smith
Shelly Smith
Keller Williams Empire Estates
(657) 500-4681
39 Total Sales
1 in Beaumont
$400,000 Price
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 |
|---|---|---|---|
| $960,000 | Priority Title | ||
| Ajs Capital Investments Inc | $787,000 | Priority Title | |
| Hnr Investment Group Llc | $654,000 | Orange Coast Title Company | |
| Ascencio Trust | -- | None Available | |
| Avina Daniel Ascencio | $550,000 | Orange Coast Title Of The In | |
| Sarkisian James S | $295,000 | Orange Coast Title Co | |
| Galleher Jeffery Dean | -- | Chicago 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 | $624,000 | ||
| Previous Owner | Ajs Capital Investments Inc | $511,000 | |
| Previous Owner | Hnr Investment Group Llc | $491,000 | |
| Previous Owner | Sarkisian James S | $210,000 |
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 | Prior Sale |
|---|---|---|---|---|---|
| 12/30/2020 12/30/20 | Sold | $960,000 | -1.5% | $157 / Sq Ft | |
| 12/30/2020 12/30/20 | Pending | -- | -- | -- | |
| 12/30/2020 12/30/20 | For Sale | $975,000 | 0.0% | $160 / Sq Ft | |
| 09/03/2019 09/03/19 | Rented | $1,095 | 0.0% | -- | |
| 08/13/2019 08/13/19 | Price Changed | $1,095 | -4.8% | $1 / Sq Ft | |
| 07/30/2019 07/30/19 | For Rent | $1,150 | 0.0% | -- | |
| 04/24/2018 04/24/18 | Sold | $787,000 | -1.5% | $129 / Sq Ft | View Prior Sale |
| 02/26/2018 02/26/18 | For Sale | $799,000 | +1.5% | $131 / Sq Ft | |
| 02/23/2018 02/23/18 | Off Market | $787,000 | -- | -- | |
| 02/23/2018 02/23/18 | For Sale | $799,000 | +1.5% | $131 / Sq Ft | |
| 02/22/2018 02/22/18 | Pending | -- | -- | -- | |
| 02/15/2018 02/15/18 | Off Market | $787,000 | -- | -- | |
| 02/08/2018 02/08/18 | For Sale | $799,000 | 0.0% | $131 / Sq Ft | |
| 10/22/2014 10/22/14 | Rented | $750 | -5.7% | -- | |
| 10/22/2014 10/22/14 | For Rent | $795 | -- | -- |
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 | $13,535 | $1,059,916 | $143,530 | $916,386 |
| 2025 | $13,282 | $1,039,134 | $140,716 | $898,418 |
| 2023 | $13,282 | $998,784 | $135,252 | $863,532 |
| 2022 | $13,076 | $979,200 | $132,600 | $846,600 |
| 2021 | $12,825 | $960,000 | $130,000 | $830,000 |
| 2020 | $10,952 | $818,794 | $130,050 | $688,744 |
| 2019 | $10,781 | $802,740 | $127,500 | $675,240 |
| 2018 | $9,113 | $666,965 | $117,300 | $549,665 |
| 2017 | $8,714 | $634,910 | $55,404 | $579,506 |
| 2016 | $8,486 | $622,462 | $54,318 | $568,144 |
| 2015 | $8,344 | $613,114 | $53,503 | $559,611 |
| 2014 | $3,783 | $270,000 | $40,000 | $230,000 |
Source: Public Records
Agents Affiliated with this Home
-
Prashant Sampat
Seller's Agent in 2020
Prashant Sampat
Pacific Avenue Realty
(562) 841-0227
204 Total Sales
-
Casey Overholt
CO
Seller's Agent in 2019
Casey Overholt
ALLIED PACIFIC PROPERTY MGMT.
(909) 794-8248
2 Total Sales
-
Jim Booth
JB
Seller's Agent in 2014
Jim Booth
BETTER HOMES AND GARDENS REAL ESTATE CHAMPIONS
(909) 376-2396
33 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC20242649
APN: 418-043-007
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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