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Sold on 10/17/2023
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1260 E 8th St, Beaumont, CA 92223

$540,900

Last sold 10/17/2023 for $535K

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    bed

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    bath

Multi-family not for sale
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About 1260 E 8th St

Property type Multi-family
Year built 1961
HOA fee $0/month
Lot size 9,583 Sqft
Movoto estimate
Parking 2 garage spaces
Rental estimate
Property description
This duplex presents an exciting opportunity for potential investors.Units are joined at garage so there is no noise from each unit. Each unit consists of three bedrooms and one bathroom. The property has undergone recent renovations, including a complete overhaul of the kitchen, with new countertops and appliances in one unit. The interior has been freshly painted, and new ceiling fans have been installed throughout. The roof is new and each unit now features its own AC/heat system called a mini split. In order to get into the third bedroom you must go through the garage. Each unit has its own electric meter, while water usage is shared. Each tenant pays $1800 per month rent. Opportunity knocks!
Listed by
Listing Agent - NATALIE WILSON
Listing Office - NATALIE WILSON REAL ESTATE SERVICES
Source: CRMLS mls logo
MLS#EV23089776 • last updated 3 years ago
Movoto checked CRMLS for data 5 minutes ago
Overview
Levels/Style One
Type Residential Income
SubType Duplex
Status Closed
Lot Size (Acres) 0.22
Lot Size (SqFt) 9583
Year Built 1961
Interior
Laundry In Garage
Exterior
Building Area Square Feet, 1860
# Parking Spaces 2
# Garage Spaces 2
Lot Description Back Yard, Front Yard
Amenities / Utilities
Fireplaces None
Sewer/ Septic Public Sewer
Water Source Public
Pool None
Location
County Riverside
Community Features Street Lights
Subdivision Unknown, Other (OTHR)
Zoning R3
Directions Off Of Pennsylvania
APN 415303007
Multifamily Details
Expense: Trash 300
Expense: Insurance 1000
Total Expenses 1600
Expense: Water/ Sewer 600
Gross Scheduled Income 43200
$540K
Range: $501K-$580K
Last 30 days 
Rental est.: $2,333/month
Gross rent multiplier: 19.1
  • Oct 2023
    mls logo MLS # EV23089776
  • Oct 18, 2023 Sold
    $535,000 (-2.7%)
  • Sep 20, 2023 Active
    —
  • Jul 14, 2023 Price Change
    $550,000 (-1.8%)
  • Jun 23, 2023 Listed
    —
  • Jun 20, 2023 Pending
    —
  • May 23, 2023 Listed
    $560,000 (+38.3%)
  • Sep 2022
    mls logo MLS # HD22170444
  • Sep 16, 2022 Sold
    $405,000 (+1.3%)
  • Aug 4, 2022 Pending
    —
  • Aug 2, 2022 Listed
    $400,000
  • Year Property taxes Tax assessment
  • 2024
    $7,940 +30.1%
    $545,700 +2.0%
  • 2023
    $6,103 +134.6%
    $535,000 +32.1%
  • 2022
    $2,602 +1.9%
    $405,000 +116.23%
  • 2021
    $2,553 -3.9%
    $187,301
  • 2020
    $2,656 +6.8%
    $187,301 +1.04%
  • 2019
    $2,487 +0.4%
    $185,381 +2.0%
  • 2018
    $2,477 +1.6%
    $181,747 +2.0%
  • 2017
    $2,438 +2.7%
    $178,185 +4.04%
  • 2016
    $2,374 +1.7%
    $171,267
  • 2015
    $2,334
    —
  • 1260 E 8th St
    $535K
  • —
  • 92223
    $514K +3% y/y
  • Beaumont
    $519K +2% y/y
No chart available
Statistics calculated by Movoto

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6/10
Palm Innovation Academy
public Grades K-5
Beaumont Unified School District
4/10
San Gorgonio Middle School
public Grades 6-8
Beaumont Unified School District
7/10
Beaumont Senior High School
public Grades 9-12
Beaumont Unified School District
Source: GreatSchools.org © 2026. All rights reserved.

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CRMLS Multiple Listing Service™ system
The real estate listing data marked with this icon comes from the IDX program of the CRMLS Multiple Listing Service™ system.
Based on information from California Regional Multiple Listing Service, Inc. as of 11/12/2026. 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.
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