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.
Sold for $650,000
Listing Provided by:
MICHELE HERRING DRE #01506688 909-528-6276,
REDFIN
Bought with: Pacific Avenue Realty
$650,000
802 Magnolia Ave, Beaumont, CA 92223
7beds
4baths
2,488sqft
Quadruplex
Built in 1950
-- sqft lot
$686,200 Zestimate®
$261/sqft
$2,238 Estimated rent
Home value
$686,200
$645,000 - $727,000
$2,238/mo
Zestimate® history
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Zillow last checked: 7 hours ago
Listing updated: February 01, 2024 at 06:28am
Listing Provided by:
MICHELE HERRING DRE #01506688 909-528-6276,
REDFIN
Bought with:
Prashant Sampat, DRE #01916221
Pacific Avenue Realty
Source: CRMLS,MLS#: IV23162319
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 4
Heating
- Wall Furnace
Cooling
- Wall/Window Unit(s)
Appliances
- Included: Gas Oven, Gas Water Heater
- Laundry: See Remarks
Features
- Built-in Features, Ceiling Fan(s)
- Flooring: See Remarks
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: No Common Walls
Interior area
- Total structure area: 2,488
- Total interior livable area: 2,488 sqft
Property
Parking
- Total spaces: 2
- Parking features: Carport, Driveway
- Carport spaces: 2
Accessibility
- Accessibility features: No Stairs
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Pool features: None
- Spa features: None
- Fencing: Chain Link
- Has view: Yes
- View description: Neighborhood
Lot
- Size: 9,583 sqft
- Features: Corner Lot, Yard
Details
- Additional structures: Shed(s)
- Parcel number: 415322007
- Zoning: R3
- Special conditions: Trust
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Quadruplex
Materials
- Roof: Composition,Common Roof
Condition
- New construction: No
- Year built: 1950
Utilities & green energy
- Electric: Electricity - On Property, 220 Volts in Laundry
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Sewer Available, Sewer Connected, Water Available, Water Connected
Community & neighborhood
Community
- Community features: Sidewalks
Location
- Region: Beaumont
Other
Other facts
- Listing terms: Cash,Cash to Existing Loan,Cash to New Loan,Conventional,Contract,1031 Exchange,Submit
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 1/31/2024 | Sold | $650,000-23.5%$261/sqft |
Source:  CRMLS #IV23162319 Report a problem | ||
| 1/10/2024 | Pending sale | $850,000+434.6%$342/sqft |
Source: CRMLS #IV23162319 Report a problem | ||
| 12/17/2009 | Sold | $159,000+49.6%$64/sqft |
Source: Public Record Report a problem | ||
| 9/30/2009 | Sold | $106,250-69.6%$43/sqft |
Source: Public Record Report a problem | ||
| 12/13/2005 | Sold | $350,000+268.4%$141/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $8,660 +223.4% | $663,000 +229.5% |
| 2024 | $2,677 -0.4% | $201,197 +2% |
| 2023 | $2,687 +1.9% | $197,253 +2% |
Find assessor info on the county website
Neighborhood: 92223
Nearby schools
GreatSchools rating
- 8/10Palm Innovation AcademyGrades: K-5Distance: 0.2 mi
- 5/10San Gorgonio Middle SchoolGrades: 6-8Distance: 1.5 mi
- 7/10Beaumont Senior High SchoolGrades: 9-12Distance: 2.2 mi
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Estimated market value
$686,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$686,200
- California
- Riverside County
- Beaumont
- 92223
- 802 Magnolia Ave