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802 Magnolia Avenue

Beaumont, CA 92223
  • $850,000
  • STATUS: Active Under Contract
  • ON SITE: 90 Days
  • ID#: IV23162319
Under Contract
UPDATED: 212 min ago
$850,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Multi-Family
Built:
1950
County:

School Ratings & Info

Listing Agent(s): Michele Herring of Redfin (951-472-2842)


Description

4-Unit Residential Income Property! With 2 units facing Magnolia Ave and 2 units facing E 8th St. 4 Electric Meters, 4 Gas Meters; tenants pay gas and electric and owner pays water, sewer, and trash. The Main Sewer Line and Horizontal line to the street was recently replaced and relined. 3 units feature laundry hook ups, 2 units have carports, 1 unit has a storage shed, and each unit has wall heaters, gas stoves, window A/C units, and enclosed yards. Unit 1 is 1bd/1ba, Unit 2 is 2bd/1ba + shed, Unit 3 is 2 bd/1ba + carport a vacant units with interior photos showing the interior having new flooring, and fresh paint, and Unit 4 is 2bd/1ba + carport. Units are being sold as-is.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T00:25:53.033. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
www.twissrealty.com/homes/143065505
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802 Magnolia Avenue Beaumont, CA 92223

  • Price: $850,000
  • Status: Active Under Contract
  • On Site: 90 Days
  • Updated: 212 min ago
  • ID#: IV23162319
0
Beds
0
Baths
0
½ Baths
0.22
Acres
1950
Built
Neighborhood:
263 - Banning/Beaumont/Cherry Valley
County:
Riverside
Area:
263 - Banning/Beaumont/Cherry Valley
Property Description
4-Unit Residential Income Property! With 2 units facing Magnolia Ave and 2 units facing E 8th St. 4 Electric Meters, 4 Gas Meters; tenants pay gas and electric and owner pays water, sewer, and trash. The Main Sewer Line and Horizontal line to the street was recently replaced and relined. 3 units feature laundry hook ups, 2 units have carports, 1 unit has a storage shed, and each unit has wall heaters, gas stoves, window A/C units, and enclosed yards. Unit 1 is 1bd/1ba, Unit 2 is 2bd/1ba + shed, Unit 3 is 2 bd/1ba + carport a vacant units with interior photos showing the interior having new flooring, and fresh paint, and Unit 4 is 2bd/1ba + carport. Units are being sold as-is.
Exterior Features

Carport Spaces 2 Carport YN Yes Entry Level 1 Entry Location 1 Fencing Chain Link Lot Features Corner LotYard Number Of Separate Electric Meters 4 Other Structures Shed(s) Parking Features CarportDriveway Parking Total 2 Pool Features None Pool Private YN No Property Attached YN No Road Frontage Type City Street Road Surface Type Paved Roof CompositionCommon Roof Spa Features None Spa YN No View Neighborhood View YN Yes

Interior Features

Accessibility Features No Stairs Appliances Gas OvenGas Water Heater Common Walls No Common Walls Cooling Wall/Window Unit(s) Cooling YN Yes Fireplace Features None Fireplace YN No Flooring See Remarks Heating Wall Furnace Heating YN Yes Interior Features Built-in FeaturesCeiling Fan(s)

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Sidewalks Contingency Buyer must cooperate with Seller's 1031 Exchange. Electric Electricity - On Property220 Volts in Laundry Garage YN No Gross Income 0 Gross Scheduled Income 0 Insurance Expense 0 Land Lease YN No Laundry Features See Remarks Levels One Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash to Existing LoanCash to New LoanConventionalContract1031 ExchangeSubmit Net Operating Income 0 New Construction YN No Number Of Separate Gas Meters 4 Number Of Separate Water Meters 1 Number Of Units Leased 3 Operating Expense 0 Property Sub Type Quadruplex Rent Control YN No Senior Community YN No Sewer Public Sewer Special Listing Conditions Trust Tenant Pays ElectricityGas Trash Expense 0 Utilities Electricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedSewer AvailableSewer ConnectedWater AvailableWater Connected Water Sewer Expense 0 Water Source Public Zoning R3



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-12-04T00:25:53.033. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Twiss Realty Group - Brokered by EXP. Licensed in the State of California, USA.
 
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Twiss Realty Group - Brokered by EXP
5036 Highway 140
Mariposa CA, 95338
Listing Agent(s): Michele Herring of Redfin (951-472-2842)