677 Magnolia Avenue, Beaumont, CA 92223

$2,400,000

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List Agent William Melton () PAEZ REALTY COMPANY; CoList ()

List Price
$2,400,000
Price Change
▲ $550,000 1767766641
Status
ACTIVE
MLS#
CV25214521
Year Built
1947
Lot Size
17,859
Lot Location
11-15 Units/Acre
Days on Market
324
Property Type
Multifamily
Property Sub Type
Apartment
Neighborhood
Beaumont

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 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.

Additional Information

Pool Description
None
Sewer
Septic Type Unknown

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Calculator source: Real Geeks

Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.