Seller's Agent in 2025
Kevin Struve
MARCUS & MILLICHAP
(909) 456-3400
2 in this area
11 Total Sales
845 E 6th St Beaumont, CA 92223
5
Beds
5
Baths
7,200
Sq Ft
0.64
Acres
Highlights
- 0.64 Acre Lot
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- No HOA
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 pitchedcomposition 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 opportunityto 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
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1955
Lot Details
- 0.64 Acre Lot
- Two or More Common Walls
- Density is 16-20 Units/Acre
Home Design
- Apartment
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
Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 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 |
| 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 |
| 11/06/2017 11/06/17 | For Sale | $1,050,000 | -- | $146 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
Kevin Struve
-
Tony Regazzi
Buyer's Agent in 2025
Tony Regazzi
Keller Williams Rlty Whittier
(714) 864-8609
2 in this area
115 Total Sales
-
Albert Le
Seller's Agent in 2018
Albert Le
LE INVESTMENT GROUP
(909) 256-7889
3 in this area
26 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
Nearby Homes
- 637 Maple Ave
- 1043 E 9th St
- 665 Beaumont Ave
- 1257 E 6th St
- 174 Maple Ave
- 961 Orange Ave
- 973 Orange Ave
- 1310 E 8th St
- 207 E 5th St
- 559 Edgar Ave Unit A2-282
- 0 Edgar Ave Unit HD24231259
- 901 Edgar Ave
- 1141 Palm Ave
- 322 E 11th St
- 1160 Pennsylvania Ave
- 73 Berkshire Ave
- 1460 E 6th St Unit 4
- 1127 Edgar Ave
- 59 Helen Ave
- 104 Lenore Ct