The Inland Empire, CA

Off Market in The Inland Empire, CA

Off Market in The Inland Empire, CA

Still available and the lender will take closer to $1.2mm - $1.3mm now. REO.
Property Sold AS IS. Appraisal from 2017 is attached.
 
REO SALE - BANK JUST FORECLOSED - DEVELOPERS DREAM - SOLD AS IS
 
6 Single Family Homes on a Cul-de-Sac and a Recreation Center on 15+ Acres with Large Residential Development Opportunity
LOCATED IN THE INLAND EMPIRE - Just West of Morongo Casino and Cabazon Outlets.
 
SUMMARY
6 Single Family Homes and Recreations Center on 15+ Acres
Each Home is 1400 SF with 3 Bedrooms and 2 Bathrooms and each features Yard and Carport on a Cul-de-Sac
Near Downtown Beaumont
Plus 4000 SF Recreation Center
Beaumont, CA
Locate on 666,032 SF (15.35 Acres)
20 Minutes from Morongo Casino
Property has all Utilities
Great Opportunity to Build Single Family Homes or Multi Family Units on Large Vacant Land
Surrounded by Single Family Homes
Appraised Value in June 2017 $1,860,000
Monthly Rental Income as of May 2017 was $7285
Buyer will have to Confirm and Can Increase and Collect New Rents
ASKING PRICE WAS $1,600,000
NEW ASKING PRICE
$1,500,000
LOOKING FOR ALL OFFERS
 
If interested, please contact to sign NCND and receive Full Package:
Roy Belson
Re/Max Olson Commercial
(818) 620-2020 
CalBRE# 01345852