677 Magnolia Avenue
Beaumont, CA 92223
Proud to present Magnolia Avenue Apartments, a well-maintained 12-unit multifamily investment opportunity located in the growing city of Beaumont, CA.
Sales Price $2,400,000
Banning/Beaumont/Cherry Valley Apartment
Beds
3
Baths
3
Home Size
7089 Sq. Ft.
Lot Size
17859 Sq. Ft.
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.
This home located at 677 Magnolia Avenue is currently active and has been available on pardeeproperties.com for 290 days. This property is listed at $2,400,000. It has 3 beds and 3 bathrooms. The property was built in 1947. 677 Magnolia Avenue is in the Banning/Beaumont/Cherry Valley community of Riverside County.
Quick Facts
- 290 days on market
- Built in 1947
- Total parking spaces 15Car
- None
- Apartment
- Community | Banning/Beaumont/Cherry Valley
- MLS# | CV25214521MR
William Melton
PAEZ REALTY COMPANY
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