677 Magnolia Avenue, Beaumont, CA 92223
List Price: $2.4M
Listing Status: Active
Original List Price: $1.85M
0Days on Market: 293
0 Bedrooms · 0 Bathrooms
Property Type: ResidentialIncome
Year Built: 1947
Lot Size: 17,859.6 sq ft
Private Pool: Yes
MLS Number: CV25214521
About This Property
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.
Listing provided by: William Melton DRE #01342816 909-476-3552 BIlly@vma.com, PAEZ REALTY COMPANY
Source: CRMLS, MLS #: CV25214521
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.