471 Laraine, Beaumont, California 92223, Beaumont, 92223 - 2 bed, 1 bath
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Beaumont, California 92223
This Value-Add Single-Family Residence offers a strategic entry point into the local market with a List Price of $400,000, reflecting the market stability relative to its $384,525 Fair Market Value. Boasting a Condition Rating of 4, the home features recent interior cosmetic updates but requires modernization of major systems and exterior curb appeal to maximize its valuation. The property is distinguished by scenic City Light Views and a generous 5,663 sqft lot within the Beaumont High School District. This asset is ideally suited for Fix-and-Flip Investors or first-time buyers looking to build equity through renovation.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 471 Laraine Subject | $400,000* List Price | 2 | 1 | 952 | $404 | - |
A 370 W 12th Sold | $360,000 | 3 | 2 | 1,026 | $351 | 0.6 mi |
B 1732 Vasili Sold | $475,000 | 3 | 2 | 1,103 | $431 | 0.8 mi |
C 509 Monika Court Sold | $465,000 | 3 | 2 | 1,103 | $422 | 1.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1968 (56 years old), the property features some recent cosmetic updates including new carpet and interior paint. However, the exterior and landscaping are unmaintained, and the interior shows signs of being dated with minor repairs needed, such as missing light fixture covers. It appears functional but requires modernization of major systems and exterior curb appeal.
The property features desirable city light views, providing a significant aesthetic advantage and enhancing the overall appeal for residents seeking a sense of place.
Priced at $400,000, this single-family residence offers a highly accessible entry point for first-time homebuyers or investors looking to enter the Beaumont market.
The 5,663-square-foot lot provides ample outdoor space relative to the home's footprint, offering potential for gardening, expansion, or outdoor entertaining.
With only 952 square feet and a 2-bedroom, 1-bathroom configuration, the home's compact size may limit its functionality for larger families or those requiring a home office.
Built in 1968, the property may require updates to its original systems and finishes to meet modern energy efficiency and design standards.
Exceptional opportunity in Beaumont. This spacious residence offers a versatile layout ideal for modern living. Situated on a quiet street in a highly desirable area.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 27% |
| Baths | 1.0 | 3.0 | 5% |
| Square foot | 952 | 2,025 | 3% |
| Lot Size | 5,663 | 6,970 | 25% |
| Price | $400.0K | $535.0K | 11% |
| Price per sq ft | $420 | $262 | 96% |
| Built year | 1968 | 2007 | 12% |
| HOA | $0 | $155 | 32% |
| Days on market | 39 | 164 | 2% |
Apr 28, 2026
$400,000
Initial Listing
Jun 30, 2017
$144,500
Public Record
Aug 4, 2003
$120,000
Public Record
May 10, 1999
$64,000
Public Record