845 E 6Th Street, Beaumont, CA 92223 - Berkshire Hathaway HomeServices California Properties
Phone310-890-6928
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845 E 6th Street Beaumont, CA 92223
$2,195,000 0 beds, 0 baths
0 sqft
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Agent Remarks

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 at 6% Interest Only for 3 Year. In place cap rate of 6.1% and 9.2 GRM.

Listing Details

Property type: Apartment (Multi-Family)
Status: Pending
MLS# CV24181611
List price is $2,195,000 Reduced by $100,000 on 10/2/2024
HOA Fee is $0.00
Beds: 0
Baths: 0
None fireplaces
Built in 1955
2 stories
0.64 acres
Lot size: 0.6400
Subdivision: Mt Jacinto
County: Riverside
Zoning: C2
Lot description: SixteenToTwentyUnitsAcre
Heating/cooling: Wall/Window Unit(s)
Heating description: Wall Furnace
MLS area: 263 - Banning/Beaumont/Cherry Valley

Last Updated: 5/2/2025

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This listing belongs to the 263 - Banning/Beaumont/Cherry Valley MLS area

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Lat/Long: 33.929047, -116.971136.
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Listing Agent: Kevin Struve
Lic#: 01801928
Office Name: Sherman Oaks

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Jesse Hlubik REALTOR® - Sales Associate 310-890-6928 m
310-890-6928 o
Lic#: 01801928
NRDS ID: 207054480
Jesse@HomeSearchLA.com
Sherman Oaks Office
14141 Ventura Blvd., Ste. 8
Sherman Oaks, CA 91423