641 Beaumont Avenue, Beaumont, California 92223, Beaumont, 92223 - bed, bath
ACTIVE UNDER CONTRACT$318,800
641 Beaumont Avenue, Beaumont, California 92223
0Bed
0Bath
900Sqft
2,614Lot
Price Vs. Estimate
Estimation data not available
Key pros and cons
Top Pros:
Strong Investment Potential: Explicitly marketed as a 'RARE INVESTMENT OPPORTUNITY' with two independent units, ideal for generating rental income or owner-occupancy with supplemental income.
Top Cons:
Property Age: Constructed in 1930, the property's age, despite recent renovations, may lead to concerns about underlying infrastructure or higher long-term maintenance requirements.
Compared to the nearby listings
Price:$318.8K vs avg $602.0K ($-283,200)14%
Size:900 sqft vs avg 2,196 sqft29%
Price/sqft:$354 vs avg $27671%
More Insights
Built in 1930 (95 years old).
Condition: Despite being built in 1930, the property is described as 'recently renovated,' which is supported by the images. The kitchens feature newer stainless steel appliances, basic but clean white cabinets, and functional laminate countertops. Bathrooms are also updated with new vanities, clean tubs, and standard fixtures. Flooring is a mix of clean ceramic tile and laminate wood-look. While the finishes are budget-friendly and not high-end, the property appears move-in ready with no immediate renovation required, aligning with the 'Good' condition criteria for a recently updated older home.
Year Built
1930
Close
-
List price
$319K
Original List price
$339K
Price/Sqft
$354
HOA
-
Days on market
-
Sold On
-
MLS number
TR24247322
Home ConditionGood
Features
View-
About this home
***RARE INVESTMENT OPPORTUNITY***Conveniently locate in downtown Beaumont as a downtown mix use property. Two units on one lot, perfect for rental or simply 1 for self use and other for rental. Can possibly be use as offices. Recent renovated duplex located within block of markets, shops, restaurants, downtown Beaumont and FWY. One building with two studio units, each studio unit has it's own paved parking space, bathroom, closet space and kitchen.
Condition Rating
Good
Despite being built in 1930, the property is described as 'recently renovated,' which is supported by the images. The kitchens feature newer stainless steel appliances, basic but clean white cabinets, and functional laminate countertops. Bathrooms are also updated with new vanities, clean tubs, and standard fixtures. Flooring is a mix of clean ceramic tile and laminate wood-look. While the finishes are budget-friendly and not high-end, the property appears move-in ready with no immediate renovation required, aligning with the 'Good' condition criteria for a recently updated older home.
Pros & Cons
Pros
Strong Investment Potential: Explicitly marketed as a 'RARE INVESTMENT OPPORTUNITY' with two independent units, ideal for generating rental income or owner-occupancy with supplemental income.
Prime Downtown Location: Strategically located in downtown Beaumont, 'within block of markets, shops, restaurants, downtown Beaumont and FWY,' ensuring high visibility and convenient access to amenities.
Versatile Mixed-Use Zoning: Designated as a 'downtown mix use property' with the flexibility to be used as offices, expanding its utility and potential tenant base beyond residential.
Recent Renovation: The duplex has been 'recently renovated,' indicating updated interiors and potentially lower immediate repair or upgrade costs for a new owner.
Dual Income Streams: Comprising two separate studio units, each fully equipped with its own bathroom, kitchen, and paved parking, offering distinct rental opportunities.
Cons
Property Age: Constructed in 1930, the property's age, despite recent renovations, may lead to concerns about underlying infrastructure or higher long-term maintenance requirements.
Compact Living Spaces: The property consists of two studio units totaling 900 sqft, suggesting very small individual living areas which might limit tenant demographics or rental value.
Limited Outdoor Space: With a lot size of only 2614 sqft, the property offers minimal outdoor area, which could be a disadvantage for tenants seeking more exterior space.