845 E 6Th Street, Beaumont, CA 92223

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Property Description

The 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 pitched composition 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 opportunity to 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.


Interior Features

Laundry Information
Location(s) None
Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A
Interior Information
Cooling Type Wall/Window Unit(s)

Listing Information

Address 845 E 6Th Street
City Beaumont
State CA
Zip 92223
County Riverside
Listing Agent Kevin Struve DRE #01266441
Courtesy Of MARCUS & MILLICHAP
List Price $2,295,000
Status Active
Type Residential Income
Subtype Apartment
Structure Size N/A
Lot Size 27,878
Year Built 1955

Listing information courtesy of: Kevin Struve, MARCUS & MILLICHAP. *Based on information from the Association of REALTORS/Multiple Listing as of Sep 4th, 2024 at 2:37 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. 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.