893 East 5th, Beaumont, CA 92223

Property 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.