845 East 6th Street
845 East 6th Street
$1,200,000
3
16
7,200
7,200
$167
Closed 3/16/21
Description
Presenting the 6th & Palm Apartments. The property is centrally located in downtown Beaumont, situated on a 0.64 acre lot. The subject property is made up of 8 studios units, 2 one bedroom / one bathroom units and 2 two bedroom / one bathroom units. This property offers over a 7% cap rate at proforma rents. Beaumont is a growing city located in the state of California. With a population of over 43000 people. Beaumont's unemployment rate is lower than the US national average. Excepted future job growth...Presenting the 6th & Palm Apartments. The property is centrally located in downtown Beaumont, situated on a 0.64 acre lot. The subject property is made up of 8 studios units, 2 one bedroom / one bathroom units and 2 two bedroom / one bathroom units. This property offers over a 7% cap rate at proforma rents. Beaumont is a growing city located in the state of California. With a population of over 43000 people. Beaumont's unemployment rate is lower than the US national average. Excepted future job growth is higher than the US national average of 37.98% at 42.91%. New growth in residential real estate is an indication that people are choosing to move to Beaumont and putting down their money on brand new construction. Beaumont's real estate is, on average, some of the newest in the nation. This property cash flows well and is an excellent property to make the jewel of your portfolio. Back on market. Buyer refused to perform.
- Listed by Tony Regazzi • DRE #01003071 • Brokerage DRE #01527225 • Keller Williams Realty Brea/Fullerton
Property Details for 845 East 6th Street
Parking Spaces Total
16
Private PoolNo
Total Units16.0
Building TypeDetached
Living Area7200
Assessor Parcel Number418-112-011
Property Attached YNfalse
Common WallsNo Common Walls
Location
LISTING UPDATED: 03/16/2021 07:56 AM
Property Details for 845 East 6th Street
Status | Closed |
---|---|
MLS # | DW20220489 |
Days on Market | 126 |
Taxes | - |
HOA Fees | - |
Condo/Co-op Fees | - |
Compass Type | Multi Family |
MLS Type | Residential Income |
Year Built | 1955 |
Lot Size | 0.64 AC / 27,878 SF |
County | Riverside County |
Location
Building Information for 845 East 6th Street
Stories2Residences-Year Built1955Building Size-Lot Size0.64 AC / 27,878 SF
Payment Calculator
$7,937 per month
The Payment Calculator is for illustrative purposes only.
Property Information for 845 East 6th Street
Property History for 845 East 6th Street
Date | Event & Source | Price | Appreciation |
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Date | Event & Source | Price |
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For completeness, Compass often displays two records for one sale: the MLS record and the public record.
Public Records for 845 East 6th Street
Taxable ValueLand$312,120Additions$936,360Total$1,248,480
Tax Record2023$16,662 ($1,388 / month)
Home Facts
Total Finished SqFt8,189 SqFtAbove Grade Finished SqFt8,189 SqFtStories2Lot Size27,878 SqFtStyleMulti-Family Res (5+ Units)Year Built1937ZoningC2CountyRIVERSIDEAPN418-112-011
Schools near 845 East 6th 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 - | 9 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 | ||
Glen View High School Public9 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.
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