Back 845 East 6th Street
Off Market

845 East 6th Street

Beaumont CA 92223

5
5
0.64 ac.
Multi-Family
Last sold for $2,150,000
Kevin StruveKevin Struve, last sold this property on 22 May 2025 after -41 days on market.

Overview

The 6th Street apartments is a 16-unit multi-family property located at 845 E. 6th Street in Beaumont, California. Situated on a spacious 0.64-acre corner lot, this property features mostly single-story units and a pitched composition roof. Built in 1937 / 1955, the building has 8 studio units, 6 one-bedroom units, and two 2-bedroom units. Over the past 3 years, 11 of the 16 units are updated with new flooring and paint. The property is master metered for electric and gas, with the owner additionally responsible for water / sewer, and trash. An astute investor has the opportunity to enhance cash flow by installing sub-meters for electricity. This investment offers solid returns and significant value-add potential in a growing market. Seller Financing Available at 6% Interest Only for 3 Year. In place cap rate of 6.1% and 9.2 GRM.

Features

5 bedrooms
5 bathrooms
0.64 ac. lot size
Multi-Family

Estimated Value

We need at least 3 similar 5 bedroom multi families sold in Beaumont over the last 12 months.

Property history for 845 East 6th Street

2025
Sold
$2,150,000
22 May 2025 by Kevin Struve, of MARCUS & MILLICHAP

Happy sellers in Beaumont

93%
93% of sellers in Beaumont reported that their sale price either exceeded or met their price expectations.

Beaumont stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 22 reviews in Beaumont over the last 12 months.

Local market activity for 5 bedroom multi families in Beaumont

In the last 12 months, 1 five-bedroom multi family similar to 845 East 6th Street, have been sold.

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