Recently Viewed Properties
See This Home
Save This Listing
Close

$2,150,000

  • Sold
  • Closed
  • Multi-Family
See This Home
Save This Home
See This Home
Save This Home
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.

Full Property Details for 845 E 6th St

General

  • Sold For: $2,150,000
  • Status: Closed
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: CV24181611
  • Added to Site: 506 day(s) ago

Interior

  • Fireplace(s): None

Rooms

Other Rooms

  • Laundry: None

Additional Information

  • Pool Description: None

Location

  • Area: 263 - Banning/Beaumont/Cherry Valley
  • County: Riverside
  • Development Name: 263 - Banning/Beaumont/Cherry Valley
  • Driving Directions: E. 6th Street and Palm Avenue

Heating & Cooling

  • Cooling Type: Wall/Window Unit(s)
  • Heating Type: Wall Furnace

Utilities

  • Sewer: Public Sewer
  • # Water Meters: 1
  • # Gas Meters: 1
  • # Electric Meters: 1

Structural Information

  • Entry Location: 1
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 7,200
  • Year Built: 1955

Lot Features

  • Lot Size (Acres): 0.64
  • Lot Size Source: Assessor
  • Zoning: C2
  • Lot Description: 16-20 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $298.61
  • Price Per Unit: 137188

Listed by Marcus & Millichap, Kevin Struve
Sold by Keller Williams Rlty Whittier, Tony Regazzi

Listing agent

— 845 E 6th St —

  • Kevin Struve

    Marcus & Millichap

kevin.struve@marcusmillichap.com

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 845 E 6th St

School District:Beaumont Unified School District
NameGradesDistance
Palm Innovation Academy
751 Palm Avenue, Beaumont, CA 92223
K-50.2 mi
San Gorgonio Middle School
1591 Cherry Avenue, Beaumont, CA 92223
6-81.7 mi
Beaumont Senior High School
39139 Cherry Valley Blvd., Beaumont, CA 92223
9-122.5 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 845 E 6th St

Date
Details
Price
Change
Source
5/22/2025
Sold
$2,150,000
-2.05%
MLS
10/01/2024
Price Reduced
$2,195,000
-4.36%
MLS
9/03/2024
Listed
$2,295,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Listed by Marcus & Millichap, Kevin Struve
Sold by Keller Williams Rlty Whittier, Tony Regazzi

Just Listed near 845 E 6th St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

10269 Live Oak, Cherry Valley, CA 92223 - Photo 1 Just Listed
$290,000

10269 Live Oak  Cherry Valley, CA 92223

  • Single Family
  • Active
  • Updated 6 hours ago
  • 2
    Beds
  • 1
    Total Bath
  • 766
    Sq. Ft.
40918 Cypress Point, Cherry Valley, CA 92223 - Photo 1 Just Listed
$369,000

40918 Cypress Point  Cherry Valley, CA 92223

  • Single Family
  • Active
  • Updated 3 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,286
    Sq. Ft.
40896 Oregon, Cherry Valley, CA 92223 - Photo 1 Just Listed
$279,000

40896 Oregon  Cherry Valley, CA 92223

  • Single Family
  • Active
  • Updated 2 days ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,800
    Sq. Ft.
1489 Goldenbrush Wy, Banning, CA 92220 - Photo 1 Just Listed
$524,999

1489 Goldenbrush Wy  Banning, CA 92220

  • Single Family
  • Active
  • Updated 5 hours ago
  • 4
    Beds
  • 3
    Total Baths
  • 2,024
    Sq. Ft.

Price Reduced near 845 E 6th St

This is a carousel with tiles that activate property listing cards. Use the previous and next buttons to navigate.

40587 Dutton St, Cherry Valley, CA 92223 - Photo 1 Price Reduced
-$50,000 (-13.89%)
$309,900

40587 Dutton St  Cherry Valley, CA 92223

  • Single Family
  • Active
  • Updated 6 hours ago
  • 2
    Beds
  • 1
    Total Bath
  • 730
    Sq. Ft.
40587 Dutton St, Cherry Valley, CA 92223 - Photo 1 Price Reduced
-$50,000 (-13.89%)
$309,900

40587 Dutton St  Cherry Valley, CA 92223

  • Lots/Land
  • Active
  • Updated 6 hours ago
  • 0.92
    Acres
16680 Valley Hi Dr, Banning, CA 92220 - Photo 1 Price Reduced
-$20,000 (-2.11%)
$929,000

16680 Valley Hi Dr  Banning, CA 92220

  • Single Family
  • Active
  • Updated 1 day ago
  • 2
    Beds
  • 2
    Total Baths
  • 1,144
    Sq. Ft.
Listed by Norman Lee (CalRE#: 00399393) (760) 831-7447 and Sandi Geisler (CalRE#: 00523736) (818) 314-1799
3800 Wilson St, Banning, CA 92220 - Photo 1 Price Reduced
-$10,000 (-6.67%)
$140,000

3800 Wilson St  #369  Banning, CA 92220

  • Mobile Home
  • Active
  • Updated 2 days ago
  • 3
    Beds
  • 2
    Total Baths
  • 1,634
    Sq. Ft.

845 E 6th Street, Beaumont, CA 92223 (MLS# CV24181611) is a Multi-Family property that was sold at $2,150,000 on May 22, 2025. Want to learn more about 845 E 6th Street? Do you have questions about finding other Multi-Family real estate for sale in Beaumont? You can browse all Beaumont real estate or contact a Coldwell Banker agent to request more information.