770 Allegheny Avenue, Beaumont, California 92223, Beaumont, 92223 - 3 bed, 3 bath
770 Allegheny Avenue
Beaumont, California 92223
Property Price
SUMMARY
Analysis of 770 Allegheny Avenue, Beaumont, California 92223 is currently available with a list price of $599,000. 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.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
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 Exterior images show window AC units, suggesting outdated cooling systems.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this is subjective and does not negate the high probability that major systems and interior finishes are significantly outdated and require substantial repairs or full rehabilitation to meet modern standards.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.
PROSSTRENGTHS & OPPORTUNITIES
- 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.
CONSRISKS & DEFICIENCIES
- 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.
About 770 Allegheny Avenue
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.
Property Details
Public Facts
- Property Type
- Single Family Residence
- Year Built
- 1942
- Lot Size
- 5,663 Sq. Ft.
Interior
- Total Bedrooms
- 3
- Total Bathrooms
- 3 (3 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,081 | 1,989 | 5% |
| Lot Size | 5,663 | 6,534 | 32% |
| Price | $599.0K | $530.0K | 78% |
| Price per sq ft | $554 | $261 | 100% |
| Built year | 1942 | 2007 | 3% |
| HOA | $0 | $155 | 29% |
| Days on market | 88 | 185 | 12% |
Pricing History
Listed for Sale
Dec 9, 2025
$599,000
Initial Listing
Sold
Aug 30, 2019
$210,000
Public Record
Sold
Jun 15, 2001
$70,500
Public Record
Sold
Jul 7, 1998
$70,000
Public Record