Beaumont, CA 92223,677 Magnolia Avenue
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Beaumont, CA 92223,677 Magnolia Avenue
Beaumont, CA 92223,677 Magnolia Avenue
Beaumont, CA 92223,677 Magnolia Avenue
Beaumont, CA 92223,677 Magnolia Avenue
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$ 2,400,000
Est. payment /mo
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677 Magnolia Avenue Beaumont, CA 92223

3 Beds

3 Baths

0.41 Acres Lot


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

Senior Community No

Tax ID 418074015

Acceptable Financing Conventional

Listing Terms Conventional


MLS Router / San Diego MLS
Listed by William Melton PAEZ REALTY COMPANY

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 9
  • 8

    Brookside Elementary School

    Public | KG - 5

  • 7

    Tournament Hills Elementary School

    Public | KG - 5

  • 7

    Sundance Elementary School

    Public | KG - 5

  • 6

    Three Rings Ranch Elementary School

    Public | KG - 5

  • 5

    Palm Elementary School

    Public | KG - 5

  • 5

    Anna Hause Elementary School

    Public | KG - 5

  • 4

    Highland Academy

    Public | KG - 8

  • 0

    Cherry Valley Brethren Schools

    Private | PK - 2

  • 0

    Childhelp School

    Private | 2 - 12

Middle Schools 2
  • 5

    Mountain View Middle School

    Public | 6 - 8

  • 5

    San Gorgonio Middle School

    Public | 6 - 8

High Schools 2
  • 6

    Beaumont Senior High School

    Public | 9 - 12

  • 0

    Glen View High School

    Public | 9 - 12

School and business data provided by Attom Data.
Kenny Bonilla

Kenny Bonilla

Agent | License ID: 01771992

+1(619) 992-5174

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677 Magnolia Avenue