Sold for $2,150,000

Listed by: MARCUS & MILLICHAP • Kevin Struve • Contact: 909-456-3400

Bought with: Keller Williams Rlty Whittier

$2,150,000

845 E. 6th Street, Beaumont, CA 92223

10beds

17baths

7,200sqft

Multi Family

Built in 1955

-- sqft lot

$2,141,400 Zestimate^®

$299/sqft

$2,171 Estimated rent

Home value

$2,141,400

$1.93M - $2.38M

$2,171/mo

Zestimate^® history

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$2,171/mo

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$13,611/mo

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$13,611/mo

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What's special

Mostly single-story unitsPitched composition roof

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.

Facts & features

Interior

Bedrooms & bathrooms

Bedrooms: 10
Bathrooms: 17

Heating

Wall Furnace

Cooling

Wall/Window Unit(s)

Appliances

Laundry: None

Features

Has fireplace: No
Fireplace features: None
Common walls with other units/homes: 2+ Common Walls

Interior area

Total structure area: 7,200
Total interior livable area: 7,200 sqft

Property

Parking

Total spaces: 16
Uncovered spaces: 16

Features

Levels: Two
Stories: 2
Entry location: 1
Pool features: None

Lot

Size: 0.64 Acres
Features: 16-20 Units/Acre

Details

Parcel number: 418112011
Zoning: C2
Special conditions: Standard

Construction

Type & style

Home type: MultiFamily
Property subtype: Multi Family
Attached to another structure: Yes

Condition

New construction: No
Year built: 1955

Utilities & green energy

Sewer: Public Sewer
Utilities for property: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Community & HOA

Community

Features: Street Lights
Subdivision: Mt Jacinto

Location

Region: Beaumont

Financial & listing details

Price per square foot: $299/sqft
Date on market: 9/3/2024
Cumulative days on market: 59 days
Listing terms: Owner May Carry
Total actual rent: 19888
Tenant pays: Cable TV, Telephone

Price history

Date	Event	Price
5/22/2025	Sold	$2,150,000-2.1%$299/sqft
Source: CRMLS #CV24181611 Report a problem
4/24/2025	Pending sale	$2,195,000$305/sqft
Source: CRMLS #CV24181611 Report a problem
4/15/2025	Contingent	$2,195,000$305/sqft
Source: CRMLS #CV24181611 Report a problem
1/20/2025	Pending sale	$2,195,000$305/sqft
Source: CRMLS #CV24181611 Report a problem
11/2/2024	Contingent	$2,195,000$305/sqft
Source: CRMLS #CV24181611 Report a problem
10/31/2024	Listed for sale	$2,195,000$305/sqft
Source: CRMLS #CV24181611 Report a problem
10/16/2024	Contingent	$2,195,000$305/sqft
Source: CRMLS #CV24181611 Report a problem
10/1/2024	Price change	$2,195,000-4.4%$305/sqft
Source: CRMLS #CV24181611 Report a problem
9/3/2024	Listed for sale	$2,295,000+91.3%$319/sqft
Source: CRMLS #CV24181611 Report a problem
3/15/2021	Sold	$1,200,000-29.4%$167/sqft
Source: Agent Provided Report a problem
1/7/2021	Contingent	$1,700,000$236/sqft
Source: CRMLS #DW20220489 Report a problem
1/7/2021	Pending sale	$1,700,000$236/sqft
Source: Keller Williams Realty Brea/Fullerton #DW20220489 Report a problem
1/6/2021	Listing removed	--
Source: CRMLS Report a problem
10/20/2020	Listed for sale	$1,700,000+61.9%$236/sqft
Source: Keller Williams Realty Brea/Fullerton #DW20220489 Report a problem
3/24/2018	Sold	$1,050,000$146/sqft
Source: Agent Provided Report a problem