
Beaumont, California 92223
This property presents a High-Potential Investment Opportunity with a List Price of $525,000, positioned above the $490,837 Fair Market Value. While the property requires significant capital investment due to its Fair Condition Rating and unpermitted units, the 30x40 Permitted Workshop and Park/Greenbelt View provide substantial value-add potential. The versatile layout allows for creative income generation through the main residence and ADU-style units. This is a strategic acquisition ideal for Buy-and-Hold Investors or Contractors capable of navigating code compliance and interior modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 973 Orange Avenue Subject | $525,000* List Price | 3 | 2 | 1,330 | $369 | - |
A 612 Pennsylvania Active | $539,900 List Price | 0 | 0 | 1,273 | $424 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1957 with no evidence of major renovations in the last 30 years. The kitchen and bathrooms are severely dated with worn flooring and original or low-grade fixtures. The presence of unpermitted units and an 'as-is' sale status indicates a need for a full interior rehab and potential code compliance issues.
The property offers significant versatility with a main residence plus two additional units, providing an excellent opportunity for rental income or multi-generational living.
A substantial 30x40 permitted workshop with its own private alley entrance adds unique value for hobbyists, storage, or home-based business needs.
Situated directly across from a park undergoing city renovations, the property benefits from greenbelt views and potential appreciation from local revitalization.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 3, other record bedroom count = 2.
The two attached ADU-style units are unpermitted, which may present challenges for traditional financing and require future legalization or code compliance.
The property is being sold in as-is condition, suggesting the need for immediate capital investment to address repairs or modernize the 1957 construction.
Welcome to 973 Orange Ave in Beaumont, California — a unique investment and owner-user opportunity with income-producing potential. This property features the main residence plus two attached unpermitted ADU-style units, both currently vacant and ready for customization. Unit one offers a 1-bedroom, 1-bath layout, while unit two is a studio configuration, providing flexible living arrangements for extended family, guests, or rental income potential. Adding even more value is a permitted 30x40 workshop with its own private alley entrance, The separate access provides excellent functionality and privacy from the main residence. Conveniently located directly in front of a park currently undergoing city renovations and improvements, the property is positioned to benefit from the area's ongoing enhancement and revitalization efforts. Enjoy nearby schools, shopping, dining, and commuter access while taking advantage of the versatility this property offers. Property being sold as is!!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 0.0 | 71% |
| Baths | 2.0 | 0.0 | 71% |
| Square foot | 1,330 | 2,500 | 14% |
| Lot Size | 9,583 | 10,019 | 43% |
| Price | $525.0K | $686.0K | 29% |
| Price per sq ft | $395 | $268 | 86% |
| Built year | 1957 | 1959 | 43% |
| HOA | $0 | $0 | 50% |
| Days on market | 0 | 128 | 14% |
May 25, 2026
$525,000
Initial Listing