914 Beaumont AveBeaumont, CA 92223

Property Details for 914 Beaumont Ave

Year built

1946

Construction

WOOD

Lot size

0.20 AC

Property size (Sq ft)

1,142 SF

Zone code

C1

Property type

Retail properties

Property subtype

Retail space

APN

415-271-006

APU

415271006

Description

This exceptional mixed-use property at 914 Beaumont Avenue in Beaumont, CA, presents a compelling investment opportunity. Priced at $599,000, this property boasts two separate units within a single building, offering flexibility and potential for diverse income streams. The front unit comprises two bedrooms, one bathroom, and a bonus room, while the rear unit features three bedrooms and one and a half bathrooms. Both units are in good condition and benefit from a recently installed new roof. Each unit has its own electric and gas meters, with a shared water meter. The property also includes a spacious yard area in front of the rear unit, providing ample outdoor space. A long driveway offers convenient parking, enhanced by a large gate for added security. The property's zoning allows for both commercial and residential use, opening up a wide range of possibilities. Its prime location in downtown Beaumont ensures easy access to local amenities, including schools, stores, and the post office. Furthermore, its proximity to major freeways 10 and 60 provides excellent connectivity to the wider region. This property is ideal for owner-occupants seeking to live in one unit and rent out the other, or for investors looking to capitalize on the potential for multiple rental incomes or establish a business within one of the units. The possibilities are truly endless.

• CAP approach

  CAP return

  Valuation

  6%

  $461,386

  6.5%

  $425,894

  7%

  $395,473

• Comparable approach

  Method

  Valuation

  Relative Method

  $504,838

  Geo Method

  $1,012,913

• Alternative Use

  Use

  Valuation

  Residential

  $359,258

  Hospitality

  $329,078

  Educational

  $273,789

  Medical

  $283,205

  Retail

  $425,894

Location Insight

City

Beaumont

County

Riverside

State

California

Latitude

33.9344

Longitude

-116.977

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].