322 E 11th Street, Beaumont, California 92223, Beaumont, 92223 - 2 bed, 1 bath
ACTIVE$399,000
322 E 11th Street, Beaumont, California 92223
2Beds
1Bath
952Sqft
10,890Lot
Price Vs. Estimate
The estimated value ($339,386.31) is $59,613.69 (14%) lower than the list price ($399,000). This property may be overpriced.
Key pros and cons
Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 952.
Top Cons:
Age and Condition: Built in 1951, the property is an older home, which typically suggests potential for outdated systems, deferred maintenance, and the need for significant modernization.
Compared to the nearby listings
Price:$399.0K vs avg $537.0K ($-138,000)7%
Size:952 sqft vs avg 2,040 sqft3%
Price/sqft:$419 vs avg $26295%
More Insights
Built in 1951 (74 years old).
Condition: Built in 1951, this property is 73 years old and shows significant signs of age and deferred maintenance. The listing description explicitly states it requires buyers 'ready to roll up your sleeves' to 'unlock this home's full potential,' indicating a need for substantial renovation. The visible hardwood floors are heavily worn and discolored, requiring refinishing or replacement. Light fixtures and window coverings (vertical blinds) are outdated. While no images of the kitchen or bathroom are provided, the overall condition of the visible interior and the property's age strongly suggest these critical areas would also be in poor, outdated condition, necessitating major updates. This aligns with the 'poor' category, which describes properties requiring substantial repairs and rehabilitation.
Year Built
1951
Close
-
List price
$399K
Original List price
$415K
Price/Sqft
$419
HOA
-
Days on market
-
Sold On
-
MLS number
IG25148407
Home ConditionPoor
Features
ViewNeighborhood
About this home
Charming 2 Bedroom Home with Endless Potential on a Generous Lot! Welcome to this cozy 2 bedroom, 1 bathroom home nestled in an established neighborhood of Beaumont. Sitting on a spacious lot, this property offers endless potential—whether you're dreaming of building an ADU, expanding the main home, or creating your ideal backyard oasis, the space is here to bring your vision to life. With no Mello-Roos and no HOA, enjoy the freedom and flexibility to make this property your own. The location is unbeatable—conveniently close to schools, shopping, and the popular Beaumont Night Market Nights, offering fun, food, and community vibes just minutes from your doorstep. Whether you’re a first-time buyer, investor, or someone ready to roll up your sleeves and unlock this home's full potential, this is a rare opportunity you don’t want to miss!
Condition Rating
Poor
Built in 1951, this property is 73 years old and shows significant signs of age and deferred maintenance. The listing description explicitly states it requires buyers 'ready to roll up your sleeves' to 'unlock this home's full potential,' indicating a need for substantial renovation. The visible hardwood floors are heavily worn and discolored, requiring refinishing or replacement. Light fixtures and window coverings (vertical blinds) are outdated. While no images of the kitchen or bathroom are provided, the overall condition of the visible interior and the property's age strongly suggest these critical areas would also be in poor, outdated condition, necessitating major updates. This aligns with the 'poor' category, which describes properties requiring substantial repairs and rehabilitation.
Pros & Cons
Pros
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10890, living area = 952.
Development Potential: The generous 10,890 sqft lot offers significant potential for building an Accessory Dwelling Unit (ADU), expanding the main home, or creating a custom backyard oasis.
Financial Benefits: The absence of Mello-Roos and HOA fees provides substantial long-term cost savings and greater financial flexibility for the homeowner.
Convenient Location: Situated in an established neighborhood, the property boasts an unbeatable location close to schools, shopping, and local community events like the Beaumont Night Market.
Value-Add Opportunity: Explicitly marketed for first-time buyers, investors, or renovators, highlighting its potential for sweat equity and future appreciation.
Recent Price Adjustment: A recent price reduction from $415,000 to $399,000 indicates motivated sellers and potentially a more attractive entry point for buyers.
Cons
Age and Condition: Built in 1951, the property is an older home, which typically suggests potential for outdated systems, deferred maintenance, and the need for significant modernization.
Compact Interior: With only 952 square feet and a single bathroom for two bedrooms, the interior living space is quite compact, which may limit its appeal to larger households or those desiring more spacious accommodations.
Renovation Required: The listing implies a need for significant work, targeting buyers 'ready to roll up your sleeves' to 'unlock this home's full potential,' indicating that substantial investment in renovation or upgrades will likely be necessary.