38682 Florence, Beaumont, California 92223, Beaumont, 92223 - 5 bed, 3 bath
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Beaumont, California 92223
Analysis of 38682 Florence, Beaumont, California 92223 is currently available with a list price of $608,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. Located in a high-demand neighborhood within the Beaumont Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for Experienced Investors and Fix-and-Flip Specialists.
Property is extensive renovation needed.
The property was built in 1940 (80+ years old) and the listing lacks any mention of recent renovations to the kitchens or bathrooms. Based on the age criteria (>30 years without major reno) and visible exterior wear such as the significantly cracked driveway, the property likely requires substantial rehabilitation of systems and interiors to meet modern standards.
Featuring two separate houses on a nearly one-acre lot with multi-unit zoning, this property offers significant rental income potential or a flexible multi-generational living setup.
Both units are equipped with their own separate gas and electric meters, simplifying property management and reducing overhead for the owner.
The property boasts stunning mountain views and a massive 29,621 sqft lot, providing rare privacy and ample space for future development or outdoor enjoyment.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 2277, other record living area = 1213. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 5, other record bedroom count = 3.
Originally built in 1940, the property may require ongoing maintenance or updates to its aging infrastructure and systems compared to newer builds.
Given the age of the structures, buyers should anticipate potential capital expenditures for cosmetic or functional upgrades to maximize the property's market value.
Gorgeous mountain views from this rare gem! Price reduced for a quick sale.,..There is great income potential for investors with close to an acre and multi-unit zoning (check with city and county of Riverside for general usages). Two houses on property separated by privacy wall. Back house is ranch style with three bedrooms, one and a half baths, and lovely covered back patio overlooking mountains. Front house features 2 bedrooms, one bath, large eat-in kitchen, and huge bonus storage room. Spacious front porch is shaded by beautiful mature tree. No HOA. Both units have their own separate gas meter and electric meter.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 5.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 2,277 | - |
| Lot Size | 29,621 | - |
| Price | $608.0K | $844.0K |
| Price per sq ft | $267 | $308 |
| Built year | 1940 | 0 |
| HOA | $0 | $0 |
| Days on market | 50 | 48 |
Jun 17, 2026
$608,000
$623,000
-2% Price Drop
Initial Listing
Jun 2, 2026
$623,000
Initial Listing
Jan 19, 2022
$550,000
Public Record
Sep 15, 2009
$109,000
Public Record