1451 Michigan Ave, Beaumont, CA 92223 | Closed

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Off-Market Call for Pricing

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  • (0)
  • Unknown Bedrooms
  • Unknown Bathrooms
  • Unknown Sq Ft
  • 93,654 Sq Ft
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Description

Beaumont Park is a 33-unit apartment community located in one of the fastest growing cities of Riverside County, Beaumont, CA. The well-appointed asset is situated on a large 2.15-acre lot and provides tenants the benefit of low density living with only 15.3 units per acre, single story construction, and ample parking. The asset features an ideal unit mix of (70%) 2 Bed / 2 Bath units, and (30%) 1 Bed / 1 units, and boasts high occupancy, providing investors an opportunity to enhance yield in the near term with rent increases and recovery of loss-to-lease. Within a 15-, 30-, and 60-minute commute of Beaumont Park, there are approximately 24,500, 275,500, and 1.35 million jobs, respectively. Easy access to jobs provides an increasingly robust tenant base.

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Amenities

Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt

Income

Rental Units


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Expenses

Property Details

List Price $5,895,000
Property Type Condo/Co-Op
Usable Sqft Unknown
Number of Stories 1 stories
Parking Spots 0 spots
Year Built 1976
Last Sold May 14, 2025
Sold Price 5,300,000
APN # 404260002
MLS # OC24222526
Property ID 320992624
Lot Sqft 93,654
Zoning R3
Total Units 33
Date Updated May 14, 2025
Date Created October 27, 2024

Listing Provided By

Brett Bayless an agent of . Lic #01718244


© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of May 14, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.



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