638 Michigan, Beaumont, CA 92223
- $1,291,000
- Sold Price
- $1,291,000
- List Price
- $1,300,000
- Closing Date
- Feb 26, 2026
- Status
- CLOSED
- MLS#
- IV26028815
- Year Built
- 1953
- Lot Size
- 10,019
- Acres
- 0.23
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 30
- Property Type
- Multifamily
- Property Sub Type
- Quadruplex
- Stories
- One Level
- Neighborhood
- Solera (Slra)
Property Description
Two mirror-image parcels sold together, allowing for residential 1–4 unit financing and eliminating the need for a commercial loan. Each parcel includes a front single-family home with a one-car garage and a rear duplex, totaling 6 units. All units are fully occupied at market rents with a low 5% vacancy rate. The property is well maintained with little to no deferred maintenance. Three of the six units have been moderately upgraded. All units are 2 bed / 1 bath with indoor laundry, private yard space, and storage sheds. Tenants are in excellent standing, rents are increased annually, and renter profiles are strong. Recent improvements include flooring, windows, garage doors, exterior paint, parking area re-paving, and trash area relocation to name a few. All units are individually metered, have designated mailboxes, and offer ample on-site parking.
Additional Information
- Pool Description
- None
- Heat
- Wall Furnace
- Cooling
- Yes
- Cooling Description
- Wall/Window Unit(s)
- Roof
- Shingle
- Garage Spaces Total
- 2
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Attached
- Number Of Units Total
- 6
- Gross Scheduled Income
- $129,840
- Operating Expense
- 15218
Listing courtesy of Listing Agent: SAGE WOOD (sagewood@kw.com) from Listing Office: KELLER WILLIAMS RIVERSIDE CENT.
Listing sold by Michael Garcia from MZ BROKERAGE INC.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.