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Sold for $1,160,000
  • Listed by: LE INVESTMENT GROUP • ALBERT LE • Contact: 909-256-7889
    Bought with: Pacific Avenue Realty
    Tax assessed value
    $1,160,000

    926 Edgar Ave, Beaumont, CA 92223

    12beds
    6baths
    4,500sqft
    Multi Family
    Built in 1977
    -- sqft lot
    $-- Zestimate®
    $258/sqft
    $1,903 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $1,903/mo

    Zestimate® history
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    What's special

    Single-story cottage-style unitsNew and improved rooftops
    Highlights: Tremendous Upside with a ProForma CAP Rate of 6.71% / Current CAP Rate of 5.50% / ProForma GRM of 9.60 & Current GRM of 11.20 / Rental Comparables Illustrate a 98% Occupancy Area / 2-bedroom units in Beaumont are currently leasing at a rate of $1,750 per month / The property was constructed in 1977 & is located on a spacious 0.38-acre lot / New & improved rooftops / Charming 6-unit multifamily property / Single-story, cottage-style units / No shared walls between units / Individually metered for gas and electric / Onsite parking available at the rear of the property / Discover a unique investment opportunity in Beaumont, California, with this charming 6-unit multifamily property. Nestled on a spacious 0.38-acre lot, this well-maintained property offers a desirable blend of privacy and convenience with its single-story, cottage-style units, each featuring no shared walls. Built in 1977, each of the six units is thoughtfully designed with 2 bedrooms and 1 bathroom, providing comfortable and functional living spaces for tenants. Recent upgrades include newer roofs, ensuring low maintenance costs and added peace of mind. The property is designed for efficient management with each unit individually metered for gas and electric, and onsite parking available at the rear of the property adds convenience for tenants and guests alike.

    Zillow last checked:

    Listing updated:

    Listed by:

    ALBERT LE DRE #01468313 909-256-7889,

    LE INVESTMENT GROUP

    Bought with:

    Prashant Sampat, DRE #01916221

    Pacific Avenue Realty

    Source: CRMLS,MLS#: IV24171885MLS LogoOriginating MLS: California Regional MLS

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 12
    • Bathrooms: 6
    Heating
    • None
    Appliances
    • Laundry: Inside
    Features
    • Common walls with other units/homes: No Common Walls
    Interior area
    • Total structure area: 4,500
    • Total interior livable area: 4,500 sqft

    Property

    Parking
    • Total spaces: 6
    • Parking features: Carport
    • Carport spaces: 6
    Features
    • Levels: One
    • Stories: 1
    • Entry location: 1
    • Pool features: None
    Lot
    • Size: 0.38 Acres
    • Features: 2-5 Units/Acre
    Details
    • Parcel number: 415262021
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Property subtype: Multi Family
    Condition
    • New construction: No
    • Year built: 1977

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Features: Suburban
    • Subdivision: Unknown
    Location
    • Region: Beaumont

    Financial & listing details

    • Price per square foot: $258/sqft
    • Tax assessed value: $1,160,000
    • Annual tax amount: $15,097
    • Date on market: 8/19/2024
    • Cumulative days on market: 66 days
    • Listing terms: Submit

    Price history

    DateEventPrice
    12/17/2024Sold$1,160,000-1.3%$258/sqft
    Source: CRMLS #IV24171885 Report a problem
    11/7/2024Pending sale$1,175,000$261/sqft
    Source: CRMLS #IV24171885 Report a problem
    10/18/2024Price change$1,175,000-2.1%$261/sqft
    Source: CRMLS #IV24171885 Report a problem
    8/20/2024Listed for sale$1,200,000+35.6%$267/sqft
    Source: CRMLS #IV24171885 Report a problem
    5/15/2024Sold$885,000+342.5%$197/sqft
    Source: Public Record Report a problem
    2/26/1998Sold$200,000$44/sqft
    Source: Public Record Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$15,097 +456.7%$1,160,000 +468.3%
    2024$2,712 -0.4%$204,132 +2%
    2023$2,722 +1.9%$200,131 +2%
    2022$2,671 +1.9%$196,208 +2%
    2021$2,620 +1.1%$192,362 +1%
    2020$2,593 +1.6%$190,390 +2%
    2019$2,552 +0.4%$186,658 +2%
    2018$2,542 +1.6%$182,999 +2%
    2017$2,502 $179,412 +2%
    2016$2,502 +4.4%$175,895 +1.5%
    2015$2,396 -0.1%$173,255 +2%
    2014$2,398 $169,864 +0.5%
    2013-- $169,098
    Find assessor info on the county website

    Neighborhood: 92223

    Nearby schools

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