802 Magnolia, Beaumont, CA 92223

Property Description

4-Unit Residential Income Property with excellent layout and strong utility separation! The property features two units fronting Magnolia Ave and two units fronting E 8th St, offering added privacy and flexibility. Each unit is individually metered with 4 electric meters and 4 gas meters, allowing tenants to pay their own gas and electricity, while the owner covers water, sewer, and trash. Recent capital improvements include a New Roof, replaced and relined main sewer line and lateral line to the street, providing peace of mind for future ownership. Three units offer laundry hookups, two units include carports, and one unit features a private storage shed. All units are equipped with wall heaters, gas stoves, window A/C units, and enclosed yard spaces. Unit mix consists of: Unit 1 (1 bed / 1 bath), Unit 2 (2 bed / 1 bath + storage shed), Unit 3 (2 bed / 1 bath + carport — currently vacant, featuring updated flooring and fresh interior paint), and Unit 4 (2 bed / 1 bath + carport). Sold off-market — listing entered for MLS comparable purposes only.