For more information regarding the value of a property, please contact us for a free consultation.
638 Michigan Beaumont, CA 92223
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Key Details
Sold Price $1,291,000
Property Type Multi-Family
Sub Type Quadruplex
Listing Status Sold
Purchase Type For Sale
Subdivision Solera (Slra)
MLS Listing ID IV26028815
Sold Date 02/26/26
HOA Y/N No
Year Built 1953
Lot Size 10,018 Sqft
Property Sub-Type Quadruplex
Property Description
Two mirror-image parcels sold together, allowing for residential 1–4 unit financing and eliminating the need for a commercial loan.
Each parcel includes a front single-family home with a one-car garage and a rear duplex, totaling 6 units. All units are fully occupied at market rents with a low 5% vacancy rate.
The property is well maintained with little to no deferred maintenance. Three of the six units have been moderately upgraded. All units are 2 bed / 1 bath with indoor laundry, private yard space, and storage sheds.
Tenants are in excellent standing, rents are increased annually, and renter profiles are strong. Recent improvements include flooring, windows, garage doors, exterior paint, parking area re-paving, and trash area relocation to name a few.
All units are individually metered, have designated mailboxes, and offer ample on-site parking.
Location
State CA
County Riverside
Area 263 - Banning/Beaumont/Cherry Valley
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Carpet, Vinyl
Fireplaces Type None
Fireplace No
Laundry Inside, Laundry Room
Exterior
Parking Features Door-Single, Garage, Paved
Garage Spaces 2.0
Garage Description 2.0
Pool None
Community Features Curbs
Utilities Available Cable Connected, Electricity Connected, Sewer Connected, Water Connected
Roof Type Shingle
Total Parking Spaces 18
Private Pool No
Building
Lot Description 2-5 Units/Acre
Story 1
Entry Level One
Sewer Public Sewer
Water Public
Level or Stories One
New Construction No
Others
Senior Community No
Tax ID 418031012
Acceptable Financing Cash, Cash to Existing Loan, Conventional, 1031 Exchange, Submit
Listing Terms Cash, Cash to Existing Loan, Conventional, 1031 Exchange, Submit
Financing Cash
Special Listing Condition Standard
Read Less
Bought with Michael Garcia MZ BROKERAGE INC.
Whether it's finding the perfect place to call home,
Selling the home that no longer fits your needs,
Or strategically investing to build a secure future.
I'm here to help you make the right move at the right time.
Let's talk about your real estate goals.