580 East 13th Street

Beaumont, CA 92223

$890,000
Price
4
Beds
3.5
Baths
2,500 Sq. Ft.
$356 / Sq. Ft.
2,500
Sq. Ft.
$356
per Sq. Ft.

Description

Welcome to Beaumont! This home was once the home of the Mayor of Beaumont and the owner of Rexall Drug in downtown Beaumont; your chance to buy this complex that is steeped in the roots of Beaumont's history. The complex can be used as an income property or make it a compound for an extended family. There are currently 3 units on the property. The make up are: 3 bedroom + den + 2 bathroom, 1bedroom + 1.5 bathrooms, and a studio. There is a large area of vacant land that can be subdivided and increase...Welcome to Beaumont! This home was once the home of the Mayor of Beaumont and the owner of Rexall Drug in downtown Beaumont; your chance to buy this complex that is steeped in the roots of Beaumont's history. The complex can be used as an income property or make it a compound for an extended family. There are currently 3 units on the property. The make up are: 3 bedroom + den + 2 bathroom, 1bedroom + 1.5 bathrooms, and a studio. There is a large area of vacant land that can be subdivided and increase the value of your investment. So if you are looking to invest or seeking housing for the extended family, this may be the one for you. Welcome to Beaumont!
  1. Listed by Hoon Chu • DRE #01323859 • Brokerage DRE #01132013 • GI Realty

Property Details for 580 East 13th Street

Style
Traditional
Parcel Number
415043016
Total Units
2.0
Living Area
2500
Source Living Area
Owner
Area
Banning/Beaumont/Cherry Valley (263)
Vacancy Rate
2
Lot Size Area
48787

Location

Listing Courtesy of GI Realty, Hoon Chu, DRE #01323859
Add your commute
LISTING UPDATED: 10/10/2023 12:01 AM

Property Details for 580 East 13th Street

StatusActive
MLS #23-316527
Days on Market209
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeResidential Income
Year Built1938
Lot Size1.12 AC / 48,787 SF
CountyRiverside County

Location

Listing Courtesy of GI Realty, Hoon Chu, DRE #01323859
Add your commute

Building Information for 580 East 13th Street

Stories1Residences-Year Built1938Building Size-Lot Size1.12 AC / 48,787 SF

Payment Calculator

$5,321 per month

30 year fixed, 7.25% Interest

Principal and Interest

$4,857

Property Taxes

$464

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 580 East 13th Street

Community / Development
Community / Development
  • Tax Mello Roos: No
  • Number Of Units: 2
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 1
  • Number Of Buildings: 2
  • Type Of Units: 2
  • View: No
  • View Description: None
  • View: None
  • Security Features: None
  • Direction Faces: South
  • Property Condition: Repair Cosmetic
  • Water: Public
  • Sewer: In Street
  • Water Heaters: Yes
  • Additions Alterations: No
  • Water Heater Features: Gas
Contract Info
Contract Info
  • Probate: No
  • Financing: Cash To New Loan, Cash, Conventional, FHA
  • Disclosures: As Is
  • Listing Type: Exclusive Right To Sell
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Scheduled
  • Gross Operating Income: $54,000
  • Net Operating Income: $40,500.00
  • Gross Income: $54,000
  • Cap Rate: 4.55%
  • Gross Rent Multiplier: $16.50
  • Total Annual Expense: 13500
Land / Lot Info
Land / Lot Info
  • Land Lease Type: Fee
  • Land Lease: No
  • Lot Acreage: 1.12
  • Lot Size Square Feet: 48787
  • Lot Location: Corner Lot
Parking Details
Parking Details
  • Parking Garage: RV Possible, Driveway - Pavers, Other
  • Total Parking: 8
  • Parking Features: RV Potential, Paved
Interior Features
Interior Features
  • Levels: One
  • Cooling: None
  • Cooling Type: None
  • Heating Type: Other
  • Equipment: Dishwasher, Range/Oven
  • Common Walls: Attached
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structural Features: Barbecue Private, Rain Gutters
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 10-02-2023
  • Listing Terms: Cash, Cash To New Loan, Conventional, FHA
  • Tenant Pays: Gas, Electricity
Unit Details
Unit 1 Information
  • Unit Beds: 3
  • Unit Baths: 2
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $2,700.00
  • Like Units: 1
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $750.00
  • Unit Actual Rent: $750.00
  • Unit Projected Rent: $1,000.00
  • Like Units: 2
Unit 3 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $.00
  • Unit Actual Rent: $.00
  • Unit Projected Rent: $800.00
  • Like Units: 3
Unit Details
  • Unit Type Type: 2106, 2107, 2108
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $325,117.00
  • Assessed Improvement Percent: 78.44
  • Assessed Land Value: $89,348.00
  • Assessed Land Percent: 21.56
  • Assessed Total Value: $414,465.00

Property History for 580 East 13th Street

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 580 East 13th Street

Taxable ValueLand$89,348Additions$325,117Total$414,465
Tax Record2023$5,569 ($464 / month)
Home Facts
Baths1.8Total Finished SqFt382 SqFtAbove Grade Finished SqFt382 SqFtStories1Lot Size48,787 SqFtStyleDuplexYear Built1938Year Renovated1948ZoningR1CountyRIVERSIDEAPN415-043-016Fireplace TypeHas Fireplace

Schools near 580 East 13th Street

This home is within Beaumont Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - K to 12
Rating
School
Distance
Palm Innovation Academy
PublicK to 5

San Gorgonio Middle School
Public6 to 8

Beaumont Senior High School
Public9 to 12

21st Century Learning Institute
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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580 East 13th Street is a multi-family home for sale in Beaumont, CA 92223. This property was listed for sale on October 2, 2023 by GI Realty, it's currently listed at $890,000. It has been on the market for a total of 209 days and was last sold on July 12, 2019. This listing's school district is Beaumont Unified School District. Nearby schools include Palm Innovation Academy, San Gorgonio Middle School and Beaumont Senior High School. 580 East 13th Street is a 4-bed, 3.5-bath, 2,500 sqft multi-family home built in 1938.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of GI Realty, Hoon Chu, DRE #01323859

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.