281 W 12th, Beaumont, California 92223, Beaumont, 92223 - 3 bed, 3 bath
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Beaumont, California 92223
This property presents a High-Potential Investment Opportunity with a List Price of $449,000—positioned well below the $424,979 Fair Market Value by -5%. Featuring a 17,860 sq ft lot, this Fair Condition Rating asset offers significant value-add potential through renovation or ADU development. The expansive lot size provides a rare opportunity for forced appreciation in a competitive market. This is a strategic acquisition ideal for Fix-and-Flip Investors or Contractors seeking to maximize equity through comprehensive property modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 281 W 12th Subject | $460,000* List Price | 3 | 3 | 1,231 | $349 | - |
A 38754 Florence Sold | $505,000 | 3 | 2 | 1,460 | $346 | 0.2 mi |
B 1168 Palm Avenue Sold | $460,000 | 3 | 2 | 1,333 | $345 | 0.7 mi |
C 1253 Beaumont Avenue Sold | $485,000 | 4 | 2 | 1,553 | $312 | 0.4 mi |
D 322 E 11th Street Sold | $365,000 | 2 | 1 | 952 | $383 | 0.4 mi |
E 1247 Michigan Sold | $430,000 | 4 | 2 | 1,296 | $332 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1940, this 84-year-old home is explicitly marketed as a 'DIY' or 'investor' opportunity to build 'sweat equity.' While the photos are digitally altered to appear clean, the underlying finishes in the kitchen and bathrooms are dated, and the listing description emphasizes the potential for a 'stunning renovation,' indicating the property needs a full rehab to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 17860, living area = 1231.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The property was recently sold within the past year on 2026-04-29. The sold price is $280,000.00.
*MASSIVE 17,860 SQ FT LOT* Rare opportunity to transform this unique property into the home of your dreams! Situated on an expansive 17,860 sq ft lot the home offers incredible potential for the DIY buyer or investor to customize and build some sweat equity! Home currently sits as a 3 bedrooms/ 2.5 bathrooms (tax rolls reflect 2 bedrooms and 2 bathrooms) along with kitchen, dining area, and large living room. Whether you envision a stunning renovation, expanded floorplan, resort style backyard, or possibly ADU potential this property offers the space and flexibility to bring your vision to life!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 3.0 | 3.0 |
| Square foot | 1,231 | 2,056 |
| Lot Size | 17,860 | 6,589 |
| Price | $460.0K | $532.8K |
| Price per sq ft | $374 | $262 |
| Built year | 1940 | 2010 |
| HOA | $0 | $194 |
| Days on market | 20 | 68 |
Jul 18, 2026
$460,000
$449,000
+2% Price Increase
Initial Listing
Jul 2, 2026
$449,000
Initial Listing
Apr 29, 2026
$280,000
Public Record
Jun 7, 2010
$80,000
Public Record
Oct 22, 2004
$239,500
Public Record
Apr 29, 2003
$120,000
Public Record