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1101 E Ist Street

Beaumont, CA 92223
  • $1,725,000
  • STATUS: Active
  • ON SITE: 60 Days
  • ID#: IV23227962
Price Reduced
UPDATED: 67 min ago
$1,725,000
  • 0
    BEDS
  • 4.81
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Vacant Land / Lots
County:

School Ratings & Info

Listing Agent(s): Jay Diamond of Stanton Jay Diamond, BROKER (909-553-9533)


Description

WOW!!! Huge Price Reduction. 144 units permitted by city-and/or combined with corner gas station/convenience store/fast food restaurant. level 4.8 ac, S/W corner Ist St/Pennsylvania. Now zoned for 125 land uses!!! JOINT VENTURE POSSIBLE-WITH HUGE VALUE-. 2 Fire hydrants and access to all utilities.City has installed partial curb/gutter/traffic light. WALKING DISTANCE to future Metrolink station and to major Beaumont shopping. Have been told by agents for gas stations that the front/corner 1 ac by itself is super valuable. Example:Sell front 1 ac for big $$$(call for that information), and still develop 110 units with the land net costing being much much less. Potential is almost unlimited for development. Joint Venture possible. OWC with $975,000 D/P-2 years -8%-I/O. Won't last with these options and terms. Call for more information. See companion listing 3.8 ac Pennsylvania IV 23230309. Owner/Broker

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-26T11:27:02.693. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
www.playavistaliving.com/homes/146246717
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1101 E Ist Street Beaumont, CA 92223

  • Price: $1,725,000
  • Status: Active
  • On Site: 60 Days
  • Updated: 67 min ago
  • ID#: IV23227962
0
Beds
0
Baths
0
½ Baths
4.81
Acres
Neighborhood:
None
County:
Riverside
Area:
263 - Banning/Beaumont/Cherry Valley
Property Description
WOW!!! Huge Price Reduction. 144 units permitted by city-and/or combined with corner gas station/convenience store/fast food restaurant. level 4.8 ac, S/W corner Ist St/Pennsylvania. Now zoned for 125 land uses!!! JOINT VENTURE POSSIBLE-WITH HUGE VALUE-. 2 Fire hydrants and access to all utilities.City has installed partial curb/gutter/traffic light. WALKING DISTANCE to future Metrolink station and to major Beaumont shopping. Have been told by agents for gas stations that the front/corner 1 ac by itself is super valuable. Example:Sell front 1 ac for big $$$(call for that information), and still develop 110 units with the land net costing being much much less. Potential is almost unlimited for development. Joint Venture possible. OWC with $975,000 D/P-2 years -8%-I/O. Won't last with these options and terms. Call for more information. See companion listing 3.8 ac Pennsylvania IV 23230309. Owner/Broker
Exterior Features

Fencing None Lot Features 26-30 Units/AcreCorner LotLot Over 40000 SqftLevelNear Public TransitRectangular LotValue In LandFlat Road Frontage Type City Street Road Surface Type Paved Sign On Property YN Yes Topography Level View None View YN No

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features CurbsGutter(s)Storm Drain(s)Street Lights Current Financing Private Electric Electricity - On Property220 Volts Inclusions City approvalsplansstudiesetc. Land Lease YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash to New LoanConventional1031 ExchangeOwner Will CarryOwner May Carry New Construction YN No Senior Community YN No Special Listing Conditions Standard Utilities Electricity AvailableNatural Gas AvailablePhone AvailableSewer AvailableWater Available Water Source Public Zoning overlay Zoning Description CALL FOR INFORMATION



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-02-26T11:27:02.693. 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 deemed reliable but is not guaranteed accurate by the MLS or Team Tami | Palm Realty Boutique. Licensed in the State of California, USA.
 
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Team Tami | Palm Realty Boutique
323 Culver Blvd.
Playa del Rey CA, 90293
Listing Agent(s): Jay Diamond of Stanton Jay Diamond, BROKER (909-553-9533)