1104 11Th St Beaumont, CA 92223
This exceptional 4.87-acre Beaumont, CA property offers a unique blend of residential and commercial opportunities. The main residence, a completely refurbished 3-bedroom, 2.5-bathroom home (2000 remodel), boasts hardwood floors, a basement, a large kitchen with walk-in pantry, a spacious laundry room with utility sink, an office, and a large patio with an outdoor kitchen. The home also includes an oversized 2-car attached garage, newer energy-efficient windows, and central heating and air conditioning. In addition to the main house, the property includes four 1-bedroom, 1-bathroom rental units, each with a carport, and a studio unit with one bathroom, potentially convertible to a one-bedroom. A workshop with living quarters and restrooms is also present. A substantial 4,000 sq ft barn and a tractor are included. The expansive grounds feature a productive cherry orchard (400 trees), along with citrus and pistachio trees. Two water meters (residential and irrigation) support the extensive drip irrigation system. The 6,700 sq ft of building space, combined with the ample acreage, presents significant potential for expansion or further development. RV parking and a dump station add to the property's versatility. Buyers are responsible for conducting their own due diligence. This property is priced at $2,000,000.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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