$308,000
 $2,049 est/mo Sourced by Back At You

893 E 5th,Beaumont, CA 92223

Beaumont, CA 92223

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Description

BACK ON MARKET- BUYER WAS UNABLE TO SECURE LOAN APPROVAL. Appraisal completed- at value, no repairs. INVESTOR & CREATIVE BUYER OPPORTUNITY SSMU ZONED WITH MULTI-UNIT POTENTIAL 1980 DETACHED GARAGE fully cleared, and priced to move! This unique property is the ultimate blank canvas, perfect for an investor, contractor, or buyer with the vision and creativity to transform the interior to fit their exact needs. Realistically functioning as a 1-bedroom, 1-bathroom cottage (public records show 2-bed), the home is a cosmetic fixer ready for fresh surfaces and your personal design touches. ROOF & LAYOUT DETAILS: The main residential structure features a living room, kitchen, bedroom, bath, and a brand-new roof fully completed and signed off with city permits. Attached is a unique patio-enclosure/bonus room with an aluminum-style roof needing some ceiling repairs. Seller has already completed and secured a full Section 1 Termite Clearance for the main home! THE REAL VALUE: Beyond the cottage sits an expansive, fully cleared 8,276 sq. ft. lot featuring a massive, detached rear warehouse/garage. This secondary building is fully recognized, detailed, and actively taxed on the Riverside County Assessor rolls (Effective build year 1980, Quality 5.0)-offering a secure, ready-to-use setup for tools, inventory, or an incredible ADU/multi-unit expansion template under the flexible Sixth Street Mixed-Use (SSMU) zoning guidelines (buyer to verify development standards). Bring your crew, your tools, and your imagination! Accepting Cash, Conventional, and Hard Money offers. Sold strictly AS-IS. No wholesalers. No Seller-Carry. Listing Broker represents Seller exclusively.

Details

MLSOC26149716
Listing TypeFor Sale
StyleHouse
Sub-TypeResale
StatusActive
Year1956
Days On Site65
Listing Provided ByMarce Einstein, Broker | Marce Einstein

Features

Bed(s)1
Bath(s) 1 Total
SQ Feet660
Garage2
Story(s)1
Units1
Acreage0.19
Property ViewNone

Interior

CoolingNone
HeatingNone
Heating Yes / NoNo
Cooling Yes / NoNo
Interior FeaturesAll Bedrooms Down
AppliancesGas Range
Fireplace Yes / NoNo

Exterior

Lot FeaturesZero To One Unit Acre

Parking

Attached Garage Yes / NoNo
Garage Yes / NoYes

Utilities

UtilitiesElectricity Connected, Natural Gas Available, Sewer Available, Water Available
SewerPublic Sewer

Location

Community FeaturesStreet Lights

Area Information

StateCA
CountyRiverside
CityBeaumont
Zip Code92223
Area263 Banning | Beaumont | Cherry Valley
Listing VS Median (in 92223)
Price:
$308,000
low | high
Med:
$548,000
27.922077922078% of Average
sqft:
660
low | high
Med:
1,967
100% of Average
$ / sqft:
$467
low | high
Med:
$279
90.300675430314% of Average
On site:
65
low | high
Med:
57
100% of Average
Sourced by Back At You

Market Activity 92223

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Learn More About This Property

StateCA
CountyRiverside
CityBeaumont
Zip Code92223
Area263 Banning | Beaumont | Cherry Valley
Listing VS Median (in 92223)
Price:
$308,000
low | high
Med:
$548,000
27.922077922078% of Average
sqft:
660
low | high
Med:
1,967
100% of Average
$ / sqft:
$467
low | high
Med:
$279
90.300675430314% of Average
On site:
65
low | high
Med:
57
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $231K - $385K
sqft: 495 - 825
Nearby Listings Property ImageNearby Listings Details
925 Chestnut Avenue Property Photo 1
$369,990
925 Chestnut Avenue
Beaumont, CA 92223
Listing Updated: September 8, 2026 at 8:28:30 AM PDT