Seller's Agent in 2023
James Towers
TOWERS & ASSOCIATES
(909) 223-9328
2 in this area
26 Total Sales
885 E 7th St Beaumont, CA 92223
3
Beds
2
Baths
3,911
Sq Ft
0.28
Acres
About This Home
As of March 2023Sold before listed. Single-story, five-unit apartment. Four, 2/BR/1 BA units and one 1/BR 1/BA. 100% occupied. Current rents are below market with substantial upside to renovate and raise rents.
Last Agent to Sell the Property
TOWERS & ASSOCIATES License #01342640 Listed on: 03/23/2023
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1970
Lot Details
- 0.28 Acre Lot
- Two or More Common Walls
- Corner Lot
Home Design
- 3,911 Sq Ft Home
- Apartment
Bedrooms and Bathrooms
- 3 Bedrooms
- 2 Bathrooms
Laundry
- Laundry Room
- Washer Hookup
Parking
- 5 Parking Spaces
- 5 Carport Spaces
Listing and Financial Details
- Legal Lot and Block 3 / 89
- Assessor Parcel Number 418052014
- $70 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 5 Units
Building Details
- Rent Control
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,800
- Gardener Expense $2,400
- Insurance Expense $1,600
- Maintenance Expense $1,500
- Professional Management Expense $2,236
- Trash Expense $1,200
- Water Sewer Expense $2,400
- New Taxes Expense $9,480
- Operating Expense $12,636
- Gross Income $44,721
- Net Operating Income $33,085
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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 |
|---|---|---|---|---|
| 03/24/2023 03/24/23 | Sold | $790,000 | -1.3% | $202 / Sq Ft |
| 03/23/2023 03/23/23 | Pending | -- | -- | -- |
| 03/23/2023 03/23/23 | For Sale | $800,000 | -- | $205 / 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 | $10,521 | $821,916 | $124,848 | $697,068 |
| 2023 | $10,521 | $103,563 | $11,717 | $91,846 |
| 2022 | $1,419 | $101,534 | $11,488 | $90,046 |
| 2021 | $1,393 | $99,544 | $11,263 | $88,281 |
| 2020 | $1,377 | $98,524 | $11,148 | $87,376 |
| 2019 | $1,356 | $96,593 | $10,930 | $85,663 |
| 2018 | $1,350 | $94,700 | $10,718 | $83,982 |
| 2017 | $1,363 | $95,409 | $10,508 | $84,901 |
| 2016 | $1,334 | $93,997 | $10,302 | $83,695 |
| 2015 | $1,318 | $93,050 | $10,149 | $82,901 |
| 2014 | $1,817 | $123,804 | $9,951 | $113,853 |
Source: Public Records
Agents Affiliated with this Home
-
James Towers
-
JOSEPH CHAVEZ
Buyer's Agent in 2023
JOSEPH CHAVEZ
Hunley Realty Group
(760) 401-2016
2 in this area
7 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: EV23046427
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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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