677 Magnolia Avenue, Beaumont, CA 92223

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Kobe Zimmerman

Berkshire Hathaway Home Services California Properties

kobezimmerman@bhhscal.com +1(858) 753-3353

$1,850,000

Est. payment - /mo

3 Beds

0.41 Acres Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV25214521

Bedrooms 3

Lot Size 0.410 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

Proud to present Magnolia Avenue Apartments, a well-maintained 12-unit multifamily investment opportunity located in the growing city of Beaumont, CA. The property consists of a desirable mix of one- and two-bedroom units, each designed for tenant comfort and long-term stability. On-site parking, spacious layouts, and convenient access to nearby retail, dining, and schools make Magnolia Avenue Apartments a sought-after rental option for local residents. Positioned in a high-growth Inland Empire submarket, the property benefits from Beaumonts strong population growth, limited multifamily inventory, and consistently high tenant demand. Current rents remain below market, offering investors the opportunity to increase income through renovations and strategic management. Magnolia Avenue Apartments offers investors a rare opportunity to acquire a stable, cash-flowing property with significant upside potential in one of Southern Californias most dynamic rental markets.

Location

State CA

County Riverside

Zoning Public Rec

Direction Exit Beaumont Avenue off the 10, go north, turn right on 7th street, turn right again on Magnolia Ave.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Tax ID 418074015

Acceptable Financing Conventional

Listing Terms Conventional

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Listed by William Melton PAEZ REALTY COMPANY

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677 Magnolia Avenue Beaumont, CA 92223