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
3
Beds
3
Baths
7,200
Sq Ft
0.64
Acres
Highlights
- 0.64 Acre Lot
- Corner Lot
- No HOA
About This Home
As of May 2025Presenting the 6th & Palm Apartments. The property is centrally located in downtown Beaumont, situated on a 0.64 acre lot. The subject property is made up of 8 studios units, 2 one bedroom / one bathroom units and 2 two bedroom / one bathroom units. This property offers over a 7% cap rate at proforma rents. Beaumont is a growing city located in the state of California. With a population of over 43000 people. Beaumont's unemployment rate is lower than the US national average. Excepted future job growth is higher than the US national average of 37.98% at 42.91%. New growth in residential real estate is an indication that people are choosing to move to Beaumont and putting down their money on brand new construction. Beaumont's real estate is, on average, some of the newest in the nation. This property cash flows well and is an excellent property to make the jewel of your portfolio.
BACK ON MARKET. BUYER REFUSED TO PERFORM.
Last Agent to Sell the Property
Keller Williams Rlty Whittier License #01003071 Listed on: 10/19/2020
Last Buyer's Agent
Keller Williams Rlty Whittier License #01003071 Listed on: 10/19/2020
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1955
Lot Details
- 0.64 Acre Lot
- No Common Walls
- Corner Lot
- Level Lot
Interior Spaces
- 7,200 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 16 Open Parking Spaces
- 16 Parking Spaces
Additional Features
- Suburban Location
- Natural Gas Connected
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 6 / 95
- Assessor Parcel Number 418112011
Community Details
Overview
- No Home Owners Association
- 16 Units
Building Details
- 15 Leased Units
- 1 Separate Electric Meter
- 1 Separate Gas Meter
- 1 Separate Water Meter
- Insurance Expense $4,241
- Maintenance Expense $5,000
- Trash Expense $2,091
- Water Sewer Expense $4,001
- New Taxes Expense $21,250
- Operating Expense $15,333
- Gross Income $154,120
- Net Operating Income $134,194
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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
-
-
Buyer's Agent in 2025
Tony Regazzi
Keller Williams Rlty Whittier
(714) 864-8609
2 in this area
118 Total Sales
-
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: DW20220489
APN: 418-112-011
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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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