$2,400,000
 $12,884 est/mo Sourced by Back At You

677 Magnolia Avenue,Beaumont, CA 92223

Beaumont, CA 92223

Share:

PreviousNext

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 Beaumont’s 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 California’s most dynamic rental markets.

Details

MLS #CV25214521
Listing TypeFor Sale
StyleCondominium
Sub-TypeResale
StatusActive
Year1947
Days On Site354
Listing Provided ByPAEZ REALTY COMPANY | William Melton

Features

SQ Feet7,089
Story(s)1
Units12
Building(s)4
Acreage0.41

Exterior

Lot FeaturesEleven To Fifteen Units Acre

Parking

Parking FeaturesNone
Garage Yes / NoNo

Utilities

SewerSeptic Type Unknown

Location

Community FeaturesBiking, Curbs

Area Information

StateCA
CountyRiverside
CityBeaumont
Zip Code92223
Area263 Banning | Beaumont | Cherry Valley
Community NameBeaumont
Sourced by Back At You

Request a showing

Request a showing

Contact

Additional Information

Showing Information

Submit Form

Required Field
By submitting, you agree to receive promotional texts and/or calls from Coldwell Banker Home Source at the number provided. Message/data rates may apply. Consent is not a condition of purchase, and you can opt out anytime by replying STOP.
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

Contact

Learn More About This Property

David Hong

David Hong

Coldwell Banker Commercial

02207128 (760) 617-8885david.hong@cbcinland.com
StateCA
CountyRiverside
CityBeaumont
Zip Code92223
Area263 Banning | Beaumont | Cherry Valley
Community NameBeaumont
Sourced by Back At You
Nearby Listings (Within 1/2 mile)
Price: $1.8M - $3M
sqft: 5,000 - 8,500
Nearby Listings Property ImageNearby Listings Details
502 W 6th Street Property Photo 1
$1,000,000
502 W 6th Street
Beaumont, CA 92223
Listing Updated: August 21, 2026 at 10:51:43 PM PDT