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Berkshire Hathaway HomeServices California Properties Berkshire Hathaway HomeServices California Properties
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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: 4/24/2025

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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#: 01276603
Office Name: Tustin

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Area Overview

Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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Lic#: 01276603

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18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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