530 Edgar, Beaumont, California 92223, Beaumont, 92223 - 3 bed, 2 bath
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Beaumont, California 92223
This property presents a High-Potential Investment Opportunity with a List Price of $389,900, positioned slightly above the $388,782 Fair Market Value. While the home carries a Fair Condition Rating (4/10), the 8,276 sqft lot and oversized garage with a full bath and kitchen provide significant Value-Add Potential for rental income or a guest suite. The property is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity through strategic modernization of the aging 1932 infrastructure.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 530 Edgar Subject | $389,900* List Price | 3 | 2 | 900 | $432 | - |
A 1255 Orange Avenue Sold | $432,900 | 3 | 1 | 910 | $476 | 1.0 mi |
B 750 Palm Ave Sold | $399,999 | 2 | 1 | 950 | $421 | 0.5 mi |
C 370 W 12th Sold | $360,000 | 3 | 2 | 1,026 | $351 | 0.9 mi |
D 322 E 11th Street Sold | $365,000 | 2 | 1 | 952 | $383 | 0.6 mi |
E 925 Chestnut Avenue Pending | $379,990 List Price | 2 | 1 | 800 | $475 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property was built in 1932 and features interior finishes, such as the oak vanity and fiberglass tub surround, that appear to be 20-30 years old. While functional and move-in ready, the home is dated and the listing's mention of 'potential' indicates a need for modernization and minor repairs.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8276, living area = 900.
The oversized garage includes a full bathroom and a small kitchen area, providing immediate potential for a guest suite, home office, or rental income opportunity.
Situated on an 8,276 square foot lot, the property offers significant outdoor space for gardening, recreation, or future structural expansions rarely found at this price point.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 900, other record living area = 720.
With only 900 square feet of living space distributed across three bedrooms, the interior layout is likely to feel very confined and may lack adequate storage.
Built in 1932, the home may require significant updates to electrical, plumbing, and insulation systems to meet modern building codes and efficiency standards.
A charming little home 3 beds and 2 baths with a lot of potential, an oversized garage that has its own full bath with small kitchen area
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 3.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 900 | 2,056 |
| Lot Size | 8,276 | 6,589 |
| Price | $389.9K | $532.8K |
| Price per sq ft | $433 | $262 |
| Built year | 1932 | 2010 |
| HOA | $0 | $194 |
| Days on market | 15 | 68 |
Jul 7, 2026
$389,900
Initial Listing
Sep 23, 2015
$199,000
Public Record
Oct 10, 2008
$89,000
Public Record
Aug 17, 2006
$279,000
Public Record
Aug 26, 2004
$75,000
Public Record