638 Michigan

Beaumont, CA 92223
  • $1,300,000

    Price
  • 12

    Bed
  • 6

    Bath
  • 5,350

    SqFt

About the Listing IKEL02 - IVWOODSAG

Two mirror-image parcels sold together, allowing for residential 1–4 unit financing and eliminating the need for a commercial loan. Each parcel includes a front single-family home with a one-car garage and a rear duplex, totaling 6 units. All units are fully occupied at market rents with a low 5% vacancy rate. The property is well maintained with little to no deferred maintenance. Three of the six units have been moderately upgraded. All units are 2 bed / 1 bath with indoor laundry, private yard space, and storage sheds. Tenants are in excellent standing, rents are increased annually, and renter profiles are strong. Recent improvements include flooring, windows, garage doors, exterior paint, parking area re-paving, and trash area relocation to name a few. All units are individually metered, have designated mailboxes, and offer ample on-site parking.

Listing Highlights

Status Active
Days on Site 1
Property Type Multi-Family
MLS ® IV26028815
Year Built 1953
Total Square Footage 5,350
Lot/Acreage 0.23

Interior Details

  • Bedrooms: 12
  • Bathrooms: 6 Full
  • Appliances:
  • Air Cond: Wall/Window Unit(s)
  • Heating: Wall Furnace
  • Fireplaces:
  • Floor: Carpet,Vinyl
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: 2-5 Units/Acre,No Land Lease
  • Garage Capacity: 2 car
  • Parking Spaces: 18
  • Roof: Shingle
  • Others: 2+ Total Units
  • Sewer: Public Sewer
  • Parking Features: Paved,Garage - Single Door

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 418031012
  • Tax Year: N/A

Payment Calculator

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Questions About..

638 Michigan Beaumont, CA 92223

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Originating MLS: CA_CRISNET

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