$5,402 Closing Credit¹
#IV24241986, AUDREY ACEVEDO, Listing Office: KELLER WILLIAMS REALTY
#OC24222526·
Listing Office: Brett Bayless, Broker·
Listing Agent: Brett Bayless·
Listing Office Phone: 949-887-2465
1451 Michigan Ave Beaumont, CA 92223
$5,895,000 List price
2.1 acres
Condo
Property details
About 1451 Michigan Ave
Beaumont Park is a 33-unit apartment community located in one of the fastest growing cities of Riverside County, Beaumont, CA. The well-appointed asset is situated on a large 2.15-acre lot and provides tenants the benefit of low density living with only 15.3 units per acre, single story construction, and ample parking. The asset features an ideal unit mix of (70%) 2 Bed / 2 Bath units, and (30%) 1 Bed / 1 units, and boasts high occupancy, providing investors an opportunity to enhance yield in the near term with rent increases and recovery of loss-to-lease. Within a 15-, 30-, and 60-minute commute of Beaumont Park, there are approximately 24,500, 275,500, and 1.35 million jobs, respectively. Easy access to jobs provides an increasingly robust tenant base.
Highlights
Home typeCondominium
StatusActive
Lot size2.15 Acres
Year built1976
MLS #OC24222526
ViewMountain(s)
Summary
- MLS Number: OC24222526
- MLS Name: CRMLS
- Office Name: Brett Bayless, Broker
- Office Phone: (949) 887-2465
- Listing Agent: Brett Bayless
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/12/2025, 9:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$5,895,000
1451 Michigan Ave
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Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 01, 1998 | Home Sold | $950,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $1,460,112 | $19,070 |
| 2023 | $1,431,484 | $19,142 |
| 2022 | $1,403,417 | $18,775 |
| 2021 | $1,375,900 | $18,415 |
| 2020 | $1,361,792 | $18,237 |
| 2018 | $1,308,913 | $17,888 |
| 2017 | $1,283,249 | $17,154 |
History based on county public records data.
Nearby schools
5
Anna M. Hause Elementary School
Public District KG-5
0.9 mi
•1015 Carnation Ln
6
Starlight Elementary School
Public District KG-5
1.0 mi
•1510 Cougar Way
5
Palm Innovation Academy
Public District KG-5
1.2 mi
•751 Palm Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $68,916. Typical income of Beaumont, CA residents is between $35k-100k annually. The majority of families are married, with kids. Residents of this area typically have high school diploma education.
How much money do the neighbors make?
18%
<35k
57%
35k-100k
25%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
28%
Single, No Kids
20%
Single, with Kids
20%
Married, No Kids
32%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
21%
<11 yrs old
12%
12-17 yrs old
25%
18-34 yrs old
34%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Soccer
Mexican League Soccer
Pro Boxing
Where do the neighbors shop?
Burlington
Dillards
Family Dollar
Where do the neighbors go to eat?
Wingstop
Church's Chicken
Popeyes
What do the neighbors drive?
Nissan
Chevrolet
Dodge
What do the neighbors listen to?
Christian Adult Contemporary
Urban Adult Contemporary- Urban Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 1451 Michigan Ave
This home is located at 1451 Michigan Ave in Beaumont, CA and zip code 92223. Features: 0 bathroom. It has been listed on Rocket Homes since October 28, 2024 and is currently priced at $5,895,000.
While more than 12 listings in Beaumont, CA in January 2025 were sold above asking price, there were more than 3 listings sold at asking price, and more than 15 were sold below. Between December and January 2025, Beaumont, CA real estate market has seen decrease in the number of listings by 4.5%. Listings spent 47 days on the market in January 2025, and had a median list price of $535,000 during the same period.
From Rocket Homes Real Estate and based on county public records data.