John Reyes
HIGHER REALTY INC.
(909) 404-8301
57 Total Sales
1 in Beaumont
$620,000 Price
845 E 6th St Beaumont, CA 92223
Beaumont Area
5
Beds
5
Baths
7,200
Sq Ft
0.64
Acre Lot
Highlights
- 0.64 Acre Lot
- No HOA
- Wall Furnace
About This Home
As of May 2025The 6th Street apartments is a 16-unit multi-family property located at 845 E. 6th Street in Beaumont, California. Situated on a spacious ±0.64-acre corner lot, this property features mostly single-story units and a pitched
composition roof. Built in 1937 / 1955, the building has 8 studio units, 6 one-bedroom units, and two 2-bedroom units.
Over the past 3 years, 11 of the 16 units are updated with new flooring and paint. The property is master metered for electric and gas,
with the owner additionally responsible for water / sewer, and trash. An astute investor has the opportunity
to enhance cash flow by installing sub-meters for electricity. This investment offers solid returns and significant value-add potential in a growing market.
Seller Financing Available at 6% Interest Only for 3 Year. In place cap rate of 6.1% and 9.2 GRM.
Last Agent to Sell the Property
MARCUS & MILLICHAP Brokerage Email: kevin.struve@marcusmillichap.com License #01266441 Listed on: 09/03/2024
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1955
Lot Details
- 27,878 Sq Ft Lot
- Two or More Common Walls
- Density is 16-20 Units/Acre
Home Design
- Apartment
- Entry on the 1st floor
Interior Spaces
- 7,200 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 5 Bedrooms
- 5 Bathrooms
Parking
- 16 Open Parking Spaces
- 16 Parking Spaces
Outdoor Features
- Exterior Lighting
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for cable TV, telephone
- Legal Lot and Block 6 / 95
- Tax Tract Number 440
- Assessor Parcel Number 418112011
- $82 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 16 Units
Building Details
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Electric Expense $16,032
- Fuel Expense $13,030
- Gardener Expense $2,400
- Insurance Expense $3,958
- Maintenance Expense $8,000
- Other Expense $4,000
- Pest Control $900
- Professional Management Expense $8,400
- Trash Expense $4,243
- Water Sewer Expense $7,241
- New Taxes Expense $29,250
- Operating Expense $99,483
- Gross Income $238,656
- Net Operating Income $133,942
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
Closed on
Nov 15, 2024
Sold by
Pi Properties No 130 Llc
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
$3,293,000
Interest Rate
5.82%
Mortgage Type
Construction
Purchase Details
Closed on
Aug 31, 2021
Sold by
Pi Properties No 130 Llc
Bought by
Pi Properties No 130 Llc
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$984,000
Interest Rate
2.8%
Mortgage Type
Unknown
Purchase Details
Listed on
Oct 19, 2020
Closed on
Feb 25, 2021
Sold by
Kinder Ferer V and The Ferer V Kinder Jr Trust
Bought by
Pi Properties No 130 Llc
Seller's Agent
Tony Regazzi
Keller Williams Rlty Whittier
Buyer's Agent
Tony Regazzi
Keller Williams Rlty Whittier
List Price
$1,700,000
Sold Price
$1,200,000
Premium/Discount to List
-$500,000
-29.41%
Purchase Details
Listed on
Nov 6, 2017
Closed on
May 23, 2018
Sold by
Kinder Ferer V
Bought by
Kinder Ferer V and Ferer V Kinder Jr Trust
Seller's Agent
Albert Le
LE INVESTMENT GROUP
Buyer's Agent
Albert Le
LE INVESTMENT GROUP
List Price
$1,050,000
Sold Price
$1,050,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
4.65%
Purchase Details
Listed on
Nov 6, 2017
Closed on
Feb 12, 2018
Sold by
Sainz Virginia
Bought by
Kinder Ferer Vernon
Seller's Agent
Albert Le
LE INVESTMENT GROUP
Buyer's Agent
Albert Le
LE INVESTMENT GROUP
List Price
$1,050,000
Sold Price
$1,050,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.32%
Mortgage Type
Unknown
Purchase Details
Listed on
Nov 6, 2017
Closed on
Feb 7, 2018
Sold by
Solomon Wade and Solomon Amy
Bought by
Kinder Ferer Vernon
Seller's Agent
Albert Le
LE INVESTMENT GROUP
Buyer's Agent
Albert Le
LE INVESTMENT GROUP
List Price
$1,050,000
Sold Price
$1,050,000
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$700,000
Interest Rate
4.32%
Mortgage Type
Unknown
Purchase Details
Closed on
Apr 8, 2014
Sold by
Beresford J Scott and Resnick Robert B
Bought by
Solomon Wade and Solomon Amy
Purchase Details
Closed on
Aug 22, 1994
Sold by
Imperial Thrift & Loan Assn
Bought by
Lagasse Russell A
Purchase Details
Closed on
Nov 24, 1993
Sold by
Lake America Corp
Bought by
Imperial Thrift & Loan Assn
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Beaumont, CA
-
John Reyes
-
Adela Rivera
Adela Rivera
Real Estate eBroker Inc
(858) 251-7906
23 Total Sales
1 in Beaumont
$530,000 Price
-
Carlos Silva
Carlos Silva
KELLER WILLIAMS REALTY COLLEGE PARK
(844) 808-1321
69 Total Sales
1 in Beaumont
$240,000 Price
-
Dennis Fulmore
Dennis Fulmore
Dennis Wayne Group
(424) 688-7260
19 Total Sales
1 in Beaumont
$515,000 Price
-
Heather Garcia
Heather Garcia
Responds QuicklyReal Estate Ebroker Inc
(951) 470-2468
37 Total Sales
1 in Beaumont
$500,000 Price
-
Eduardo Franco
Eduardo Franco
ALTICORE REALTY
(951) 441-3688
122 Total Sales
4 in Beaumont
$388K - $525K 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 |
|---|---|---|---|
| $2,150,000 | California Title Company | ||
| Pi Properties No 130 Llc | -- | Chicago Title | |
| Pi Properties No 130 Llc | $1,200,000 | Chicago Title Company | |
| Kinder Ferer V | -- | Stewart Title Of California | |
| Kinder Ferer Vernon | -- | Old Republic Title Company | |
| Kinder Ferer Vernon | $1,050,000 | Old Republic Title | |
| Solomon Wade | $325,000 | Orange Coast Title Company | |
| Lagasse Russell A | $150,000 | United Title Co | |
| Imperial Thrift & Loan Assn | $200,000 | Chicago Title Company |
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 | $1,300,000 | ||
| Closed | Ferer V Kinder Jr Trust | $290,000 | |
| Previous Owner | Ferer V Kinder Jr Trust | $3,293,000 | |
| Previous Owner | Pl Properties No 130 Llc | $984,000 | |
| Previous Owner | Kinder Ferer Vernon | $700,000 | |
| Previous Owner | Solomon Wade | $450,000 |
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 |
|---|---|---|---|---|---|
| 01/13/2026 01/13/26 | Off Market | -- | -- | -- | |
| 01/01/2026 01/01/26 | For Rent | -- | -- | -- | |
| 12/12/2025 12/12/25 | Off Market | -- | -- | -- | |
| 12/01/2025 12/01/25 | For Rent | -- | -- | -- | |
| 05/22/2025 05/22/25 | Sold | $2,150,000 | 0.0% | $299 / Sq Ft | |
| 05/05/2025 05/05/25 | Off Market | -- | -- | -- | |
| 04/15/2025 04/15/25 | For Sale | $2,195,000 | 0.0% | $305 / Sq Ft | |
| 03/31/2025 03/31/25 | For Rent | -- | -- | -- | |
| 11/01/2024 11/01/24 | Pending | -- | -- | -- | |
| 10/01/2024 10/01/24 | Price Changed | $2,195,000 | -4.4% | $305 / Sq Ft | |
| 09/03/2024 09/03/24 | For Sale | $2,295,000 | 0.0% | $319 / Sq Ft | |
| 03/31/2024 03/31/24 | For Rent | -- | -- | -- | |
| 03/15/2021 03/15/21 | Sold | $1,200,000 | -14.3% | $167 / Sq Ft | View Prior Sale |
| 02/22/2021 02/22/21 | Pending | -- | -- | -- | |
| 01/29/2021 01/29/21 | Price Changed | $1,400,000 | -17.6% | $194 / Sq Ft | |
| 01/07/2021 01/07/21 | For Sale | $1,700,000 | +41.7% | $236 / Sq Ft | |
| 01/05/2021 01/05/21 | Pending | -- | -- | -- | |
| 01/05/2021 01/05/21 | Off Market | $1,200,000 | -- | -- | |
| 10/19/2020 10/19/20 | For Sale | $1,700,000 | +61.9% | $236 / Sq Ft | |
| 04/06/2018 04/06/18 | Sold | $1,050,000 | 0.0% | $146 / Sq Ft | View Prior Sale |
| 11/06/2017 11/06/17 | For Sale | $1,050,000 | -- | $146 / 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 | $16,916 | $2,193,000 | $550,800 | $1,642,200 |
| 2025 | $16,916 | $1,298,917 | $324,729 | $974,188 |
| 2023 | $16,599 | $1,248,480 | $312,120 | $936,360 |
| 2022 | $16,342 | $1,224,000 | $306,000 | $918,000 |
| 2021 | $14,748 | $1,103,736 | $352,144 | $751,592 |
| 2020 | $14,604 | $1,092,420 | $348,534 | $743,886 |
| 2019 | $14,376 | $1,071,000 | $341,700 | $729,300 |
| 2018 | $5,334 | $350,139 | $145,441 | $204,698 |
| 2017 | $4,753 | $343,275 | $142,590 | $200,685 |
| 2016 | $4,629 | $336,545 | $139,795 | $196,750 |
| 2015 | $4,552 | $331,493 | $137,697 | $193,796 |
| 2014 | $4,325 | $308,277 | $153,454 | $154,823 |
Source: Public Records
Agents Affiliated with this Home
-
Kevin Struve
Seller's Agent in 2025
Kevin Struve
MARCUS & MILLICHAP
(909) 456-3400
17 Total Sales
-
Tony Regazzi
Buyer's Agent in 2025
Tony Regazzi
Keller Williams Rlty Whittier
(714) 864-8609
103 Total Sales
-
Albert Le
Seller's Agent in 2018
Albert Le
LE INVESTMENT GROUP
(909) 256-7889
23 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV24181611
APN: 418-112-011
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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