Seller's Agent in 2023
David Covarrubias
MARCUS & MILLICHAP
(909) 456-3400
2 in this area
46 Total Sales
847 Cherry Ave Beaumont, CA 92223
8
Beds
6
Baths
47,682
Sq Ft
4.87
Acres
About This Home
As of September 2023Beaumont Property Portfolio Sale consisting of 13 Assets
Apartments, Mix-Use, SFR & Land
Outstanding Locations
Upside in Rent
Call or email us for a full Offering Memorandum
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1965
Lot Details
- 4.87 Acre Lot
- Two or More Common Walls
- Density is 6-10 Units/Acre
Home Design
- Property Attached
- Entry on the 1st floor
Interior Spaces
- 47,682 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 8 Bedrooms
- 6 Bathrooms
Outdoor Features
- Exterior Lighting
Listing and Financial Details
- Tax Lot 9
- Assessor Parcel Number 415303015
Community Details
Overview
- 20 Buildings
- 49 Units
- Solera Subdivision
Building Details
- 40 Separate Electric Meters
- 40 Separate Gas Meters
- 10 Separate Water Meters
- Electric Expense $5,735
- Fuel Expense $5,735
- Gardener Expense $4,784
- Insurance Expense $40,131
- Maintenance Expense $42,946
- Other Expense $349
- Professional Management Expense $14,400
- Supplies Expense $699
- Trash Expense $13,041
- Water Sewer Expense $5,735
- New Taxes Expense $134,467
- Operating Expense $268,023
- Gross Income $858,926
- Net Operating Income $565,135
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/26/2023 09/26/23 | Sold | $13,550,000 | +33.8% | $284 / Sq Ft |
| 08/08/2023 08/08/23 | For Sale | $10,125,516 | -- | $212 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History
| 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 |
|---|---|---|---|---|
| 2025 | $20,835 | $1,632,000 | $408,000 | $1,224,000 |
| 2023 | $20,835 | $289,572 | $180,009 | $109,563 |
| 2022 | $3,854 | $283,895 | $176,480 | $107,415 |
| 2021 | $4,512 | $1,140,000 | $270,000 | $870,000 |
| 2020 | $3,742 | $275,476 | $171,245 | $104,231 |
| 2019 | $3,684 | $270,076 | $167,888 | $102,188 |
| 2018 | $3,670 | $264,782 | $164,597 | $100,185 |
| 2017 | $3,613 | $259,591 | $161,370 | $98,221 |
| 2016 | $3,519 | $254,502 | $158,206 | $96,296 |
| 2015 | $3,461 | $250,681 | $155,831 | $94,850 |
| 2014 | $3,463 | $245,773 | $152,780 | $92,993 |
Source: Public Records
Agents Affiliated with this Home
-
David Covarrubias
-
Douglas McCauley
Seller Co-Listing Agent in 2023
Douglas McCauley
MARCUS & MILLICHAP
(909) 456-3493
2 in this area
44 Total Sales
-
Steve Bogoyevac
S
Buyer Co-Listing Agent in 2023
Steve Bogoyevac
Steven M. Bogoyevac, Broker
(562) 257-1231
1 in this area
86 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV23147232
APN: 415-303-015
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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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