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770 Allegheny Avenue, Beaumont, California 92223, Beaumont, 92223 - 3 bed, 3 bath

770 Allegheny Avenue, Beaumont, California 92223 home-pic-0
ACTIVE$599,000
770 Allegheny Avenue, Beaumont, California 92223
3Beds
3Baths
1,081Sqft
5,663Lot
Year Built
1942
Close
-
List price
$599K
Original List price
$599K
Price/Sqft
$554
HOA
-
Days on market
-
Sold On
-
MLS number
IV25270647
Home ConditionPoor
Features
Patio
View-

About this home

We found 3 Cons,5 Pros. Rank: price - $599.0K(76th), sqft - 1081(5th), beds - 3(50th), baths - 3(50th).

SELLER OFFERING CREDIT TOWARDS CLOSING COSTS! Charming single-family residence with tenants in place, offering a strong opportunity for an investor or future owner-occupant. Property features a 3 units, a 1 bedroom/1 bath, an attached studio, and a 2 bedroom/1 bath in the rear unit. This well-kept home features 3 beds and 3 baths with a comfortable layout and inviting living spaces. Utilities are paid for by the tenant. Conveniently located nearby several parks and recreation areas to explore such as Sunshine Park, Mountain View Park, Wildflower Park, DeForge Community Park, and Star Carlton Park. Outstandingly close to I-10 for a stress-free and efficient commute. This home is in an ideal location, offering multiple dining and retail options to choose from. All information in the Analysis portion is from the 2024 Owner Statement. Owner statements from the property management company are included in the supplements for your review from all of 2024 and from May of 2025. Interior photos of the home are available upon request.

Price History

Date
Event
Price
12/09/25
Listing
$599,000
08/30/19
Sold
$210,000
06/15/01
Sold
$70,500
07/07/98
Sold
$70,000
Condition Rating
Poor
The property was built in 1942, making it over 80 years old. Crucially, there are no interior photos provided in the listing, preventing any assessment of the kitchen, bathrooms, flooring, appliances, or other interior features. The listing description itself notes the 'Advanced Age of Structure' as a weakness, indicating a potential need for 'significant updates to systems (plumbing, electrical, HVAC) and higher ongoing maintenance costs.' Exterior images show window AC units, suggesting outdated cooling systems. While described as 'well-kept,' this is subjective and does not negate the high probability that major systems and interior finishes are significantly outdated and require substantial repairs or full rehabilitation to meet modern standards. Without any evidence of recent major renovations, the property falls into the 'poor' category, requiring substantial repairs and rehabilitation.
Pros & Cons

Pros

Income-Generating Asset: The property is currently tenant-occupied across three units with utilities paid by tenants, offering immediate rental income and reduced landlord expenses, ideal for investors.
Versatile Multi-Unit Configuration: Features three distinct units (1 bed/1 bath, studio, 2 bed/1 bath), providing diversified income streams or flexibility for an owner-occupant.
Strategic Location & Accessibility: Conveniently located near multiple parks, dining, and retail options, with excellent access to I-10, enhancing tenant desirability and commute efficiency.
Seller Closing Cost Credit: The seller's offer of a credit towards closing costs provides a direct financial incentive, reducing the buyer's upfront investment.
Well-Kept Condition: Described as a 'well-kept home,' suggesting a property that has been maintained, which can reduce immediate repair concerns for a buyer.

Cons

Limited Visual Information: The absence of interior photos in the listing, requiring them 'upon request,' can deter potential buyers and raise questions about the property's internal condition.
Advanced Age of Structure: Built in 1942, the property is over 80 years old, potentially indicating a need for significant updates to systems (plumbing, electrical, HVAC) and higher ongoing maintenance costs.
Compact Unit Sizes: With 1081 sqft divided into three units, individual living spaces are likely very small, which could limit tenant pool, rental income potential, or appeal to those seeking more spacious accommodations.

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