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Listed price in listed location currency (USD).
$5,300,000
$5,895,000

000

MLS® OC24222526

  • Key Facts
  • Description
  • Map

Key Facts

Type Apartment
Levels Residential Income
Size -
Garage No
HOA Fees 
Taxes 
Approx. Age 1976
MLS® Number OC24222526

Property Address: 1451 Michigan Ave, Beaumont, CA, 92223-1755

Average square foot calculated using Size range provided by listing agent.

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.
MLS® NumberOC24222526
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry LevelCommon Area
Exposure
Exterior
GarageNo
Approx. Age1976
Stories1
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

May 10, 2025End Date
$5,300,000Sold Price

Sold

Oct 28, 2024List Date
$5,895,000List Price
  • Commute

Commute

Starting Address
Destination Address
1451 Michigan Ave, Beaumont, CA

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