$1,050,000
SOLD APR 6, 2018

845 E 6th St Beaumont, CA 92223

3 Beds
3 Baths
7,200 Sq Ft
0.64 Acres

Recently Sold

$146 Per Sq Ft

127 Days on Market

Highlights

  • 27,900 Sq Ft lot
  • No HOA
  • Laundry Room

About This Home

As of March 2021

The 6th & Palm Apartments is located at 845 East 6th Street in Beaumont, California. 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.

Beaumont is a growing city located in the state of California. With a population of 43,811 people and ten constituent neighborhoods, Beaumont is the 214th largest community in California. The city' s unemployment rate is lower than the US national average of 5.2% at 3.9%. 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. The median household income is $64,830.00 and the median home price is $325,735. New major employers have recently expanded in town. New businesses in the 2nd Street Marketplace include a Wal-Mart Supercenter, Home Depot Home Improvement Center, Kohl's Department Store, Best Buy, Bed Bath and Beyond, Petco, Ross Dress for Less, Dollar Tree, Bank of America, Chase, Wells Fargo, Chili's, McDonald's, Starbuck's, Walgreens, Rite-Aid, and a Stater Bros. grocery store all within 2 miles of the subject property

Last Agent to Sell the Property

Albert Le

LE INVESTMENT GROUP License #01468313

Last Buyer's Agent

Albert Le

LE INVESTMENT GROUP License #01468313

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 0.64 Acre Lot
  • Two or More Common Walls
  • Density is 6-10 Units/Acre

Home Design

  • 7,200 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 3 Bathrooms

Parking

  • Parking Available
  • On-Site Parking

Additional Features

  • Laundry Room
  • Suburban Location

Listing and Financial Details

  • Tax Lot 2
  • Tax Tract Number 112
  • Assessor Parcel Number 418112011

Community Details

Overview

  • No Home Owners Association
  • 16 Units

Amenities

  • Laundry Facilities

Building Details

  • 1 Separate Electric Meter
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Electric Expense $3,791
  • Fuel Expense $3,791
  • Insurance Expense $2,292
  • Professional Management Expense $7,200
  • Trash Expense $3,791
  • Water Sewer Expense $3,791
  • New Taxes Expense $14,214
  • Operating Expense $47,557
  • Gross Income $129,600
  • Net Operating Income $78,155

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Listing Details

  • Professional Management Expense: 7200.00
  • Property Attached: Yes
  • Water Sewer Expenses: 3791.00
  • Zoning: C2
  • Property Type: Residential Income
  • Parcel Number: 418112011
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 145.83

Exterior Features

  • Pool Private: No

Garage/Parking

  • Parking: Yes
  • Parking Features: On Site

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Trash Expense: 3791.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: 6-10 Units/Acre
  • Lot Size Sq Ft: 27900.00

Multi Family

  • Electric Expense: 3791.00
  • Fuel Expense: 3791.00
  • Gross Income: 129600.00
  • Gross Scheduled Income: 129600.00
  • Insurance Expense: 2292.00
  • Net Operating Income: 78155.00
  • Number Of Separate Electric Meters: 1
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 16
  • Operating Expense: 47557.00
  • Rent Control: No
  • Total Expenses: 47557.00

Tax Info

  • New Taxes Expense: 14214.00
  • Tax Census Tract: 440.00
  • Tax Lot: 2
  • Tax Tract Number: 112

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
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)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IV17252459

California Regional Multiple Listing Service (CRMLS)

APN: 418-112-011