695 Massachusetts Avenue

Beaumont, CA
$ 1,149,000 Beds 15 Baths 7
Monthly Estimate* How much can I afford?

This income-producing property possesses an excellent unit mix consisting of 6 two-bedroom/ one-bathroom units and 1 three-bedroom/ one-bathroom unit. Long-term tenants and low turnover make this asset a desirable and stable investment. Each unit comes with its own single-car garage and there is plenty of street parking. Additionally, there is a laundry room with two washers and two dryers so residents can easily do laundry without leaving their home. The building is sub metered for gas and electricity. Buyer to verify and satisfy themselves as to the square footage of the building and all other items of import and Pacific Avenue Realty makes no warranty or guarantees of such information. This apartment complex is close to shopping, downtown Beaumont and within a few blocks of the freeway. It' s located one-half block from one of the main arterials running through Beaumont named 6th Street. It is conveniently located to shopping, schools, parks and City Hall, yet enjoys the quiet nature of a residential street. The properties along Massachusetts are primarily the single family homes with some multifamily housing sprinkled into the neighborhood.

Pending

  • Price
  • $ 1,149,000
  • Lot Size
  • 10,019 SqFt
  • Bedrooms
  • 15
  • Full Bathrooms
  • 7
  • Year Built
  • 1987
  • Half Bathrooms
  • 0
  • City, Zip
  • Beaumont
  • County
  • RIVERSIDE
  • Style
  • Area
  • Banning-Beaumont-Cherry Valley
  • MLS#
  • OC21071279
  • Zip
  • 92223
Listing Provided by: Prashant Sampat with Pacific Avenue Realty.
Data Source: CRMLS

Features

General

Community Features Sidewalks
Garage Spaces 7
Garage Y/N Yes
Listing Agent Prashant Sampat - BRE#01916221
Listing Agent State License 01916221
MLS Area 263 - Banning/Beaumont/Cherry Valley
Open Parking Spaces 3
Parking Features Assigned
Pool Features None
Property Attached Y/N Yes
Property Type Residential Income
Sewer Unknown
Spa Features None
Special Listing Conditions Standard
Status Pending
Terms Cash, Cash to Existing Loan, Cash to New Loan, Conventional, 1031 Exchange
Total Actual Rent 8550
Total Units 7
View None
Water Sewer Expense 2200
Zoning R3

Interior Features

Common Walls 2+ Common Walls
Laundry Features Common Area

Exterior Features

Lot Features 6-10 Units/Acre, Rectangular Lot, Yard
Lot Size Acres 0.23
Lot Size Area 10019
Lot Size Source Assessor
Lot Size Square Feet 10019
Lot Size Units Square Feet
Number of Buildings 1
Number of Separate Electric Meters 7
Number of Separate Gas Meters 7
Number of Separate Water Meters 1
Total Parking 10
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Primary On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Affordability Calculator

$2,869

Per Month

Based on the average sale price from the Beverly Hills, CA office

  • Monthly Principal & interest $1,740
  • Monthly Property Taxes $1,062
  • Monthly Home Insurance $67
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Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA, or jumbo loans.

Schools

Elementary School Unknown Elementary School
Middle School Unknown Middle School
High School Unknown High School

Price History

4/8/2021 Listed $1,149,000

Property vs Zip Code Average in 92223

Price
AVG $480K
$1.15M
Visits
AVG 38
2
Year Built
AVG 1998
1987

Map

Areas That We Cover

695 Massachusetts Avenue Beaumont, CA is a Single Family Home for sale at $1149000 and a lot size of 10,019 SqFt Acre(s). 695 Massachusetts Avenue Beaumont has 15 bedrooms, 7 baths and was built in 1987. The property's zip code is 92223 which is in Beaumont, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 3.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

All information deemed reliable, but not guaranteed, and should be independently verified. The real estate information and related content displayed on this site is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.