974 Edgar, Beaumont, California 92223, Beaumont, 92223 - 4 bed, 3 bath
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Beaumont, California 92223
This Residential Income Duplex is a Strong Value Opportunity, listed at $650,000—positioned slightly above the $648,377 Fair Market Value. Featuring a Condition Rating of 3, the property includes a 2007-built rear unit and a renovated front home with Granite Kitchens. With a combined monthly income of $4,500, this asset provides immediate cash flow and flexible utility for multi-generational living or house hacking. The large 9,583 sq. ft. lot offers significant parking for toys and vehicles. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a stable, income-producing property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 974 Edgar Subject | $650,000* List Price | 4 | 3 | 1,781 | $364 | - |
A 696 Illinois Avenue Sold | $515,000 | 0 | 0 | 1,432 | $360 | 1.0 mi |
B 963 Beaumont Pending | $625,000 List Price | 0 | 0 | 2,210 | $283 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
The property features two well-maintained units. The back house was built in 2007 (17 years old), fitting the 10-20 year criteria. The front house, while built in 1947, has undergone significant renovations including granite countertops, updated bathroom vanities, and new carpet/blinds, placing it in the 5-15 year renovation bracket. Both are functional and move-in ready.
Featuring two separate residences on a single lot, this property offers immediate cash flow with a combined monthly rental income of $4,500 and versatile options for multi-generational living or house hacking.
Both units are well-maintained with granite countertops, while the front home features recent upgrades like new carpet and blinds, and the rear unit offers a newer 2007 construction.
The property boasts a large 9,583 sq. ft. lot with a detached garage for the front unit, an attached two-car garage for the rear unit, and ample space for RV or toy parking with convenient alley access.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1781, other record living area = 890. Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
The homes share a single water meter, requiring the landlord to cover water and trash expenses, which increases overhead and complicates individual tenant utility accountability.
With existing leases extending into 2027 and the rear unit currently rented below market value, immediate opportunities for rent adjustments or owner-occupancy are restricted.
2 HOMES ON 1 LOT! Front home (974) is a 2 bedroom, 1 bathroom with 890 sq.ft and built in 1947. Tenant with a one year lease that started June 1st, 2026, pays $2400 a month. New carpet and blinds were installed. Has granite counters and is open and spacious. There is also a wood burning fireplace in the livingroom. The garage is detached and that is where the laundry and extra storage is. This home also has a large back yard and plenty of parking for cars or toys. Back house, 976 is a 2 bedroom, 1.5 bath with 891 sq.ft and was built in 2007. This home has a long term tenant who will be moving out in February 2027. May be open to leaving earlier, if the buyer is interested in that. Rent is currently $2200 a month (below market because they've been a long time, good tenant. This home granite counter tops and is in great condition as well. The large 2 car garage is attached and the laundry is in there. There is plenty of parking in this one as well for vehicles and toys. The access is through the alley. The homes have separate electric and gas meters but they share the water meter. Current landlord pays water and trash. This is an excellent opportunity for anyone looking for great rentals or a live in one, rent the other situation, or for a family to live on one property. So many possibilities.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 4.0 | 0.0 |
| Baths | 3.0 | 0.0 |
| Square foot | 1,781 | - |
| Lot Size | 9,583 | - |
| Price | $650.0K | $844.0K |
| Price per sq ft | $365 | $308 |
| Built year | 1947 | 0 |
| HOA | $0 | $0 |
| Days on market | 21 | 48 |
Jul 1, 2026
$650,000
Initial Listing
May 13, 2025
$620,000
Public Record
Sep 26, 2017
$304,000
Public Record
May 4, 2005
$240,000
Public Record