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    Beaumont Multifamily Investment Opportunity Title is generated by Realmo AI

    677 Magnolia Avenue, Beaumont, CA 92223

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    Claim this Listing
    For Sale
    $2,400,000

    Apartment - Beaumont, CA

    Type:Apartment
    Property size:
    7,089 SF
    Lot size:
    17,859.60 Acres
    Price / SF:
    $338/SF
    Added:
    Sep 10, 2025
    Days on Market:
    248
    Last Refresh:
    May 15 at 8:06 pm

    Property Features for 677 Magnolia Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Apartment
    Bedrooms
    3
    Bathrooms
    3
    Rooms
    Bathroom 1, Bathroom 2, Bathroom 3, Bedroom 1, Bedroom 2, Bedroom 3
    Parking
    15
    Parking features
    None
    Exterior features
    Community Features Included: Curbs, Biking, 11-15 Units/Acre
    Standard status
    Active
    APN
    418074015
    Size
    7,089 SF
    Lot size
    17,859.60 Acres

    Building Details

    Year built
    1947
    Floors in Building
    1
    Number of units
    12
    Architectural style
    Other

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    Listing Contact
    William Melton

    Listing agent William Melton License #01342816

    Listing office PAEZ REALTY COMPANY 3400 Inland Empire Blvd St 101, Ontario, CA

    Listing date Sep 10, 2025

    MLS# CV25214521 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • High‑growth Inland Empire location with strong population growth and high tenant demand.
    • Opportunity to increase income through renovations and strategic management due to below‑market rents.
    • Well‑maintained 12‑unit multifamily property offering stable cash flow.
    • Desirable mix of one- and two‑bedroom units designed for tenant comfort.
    • Convenient access to nearby retail, dining, and schools.
    • On‑site parking and spacious layouts.

    Overview

    Magnolia Avenue Apartments presents a multifamily investment opportunity in Beaumont, California, featuring a well-maintained 12-unit complex. The property offers a mix of one- and two-bedroom units, designed for tenant comfort and long-term stability. On-site parking and spacious layouts are included, with convenient access to nearby retail, dining, and schools. Positioned in the Inland Empire submarket, the property benefits from Beaumont’s population growth and high tenant demand. The property size is 7,089 square feet, situated on a lot of 0.41 acres. Current rents are below market, presenting the opportunity to increase income through renovations and strategic management. This property offers the opportunity to acquire a cash-flowing property with upside potential in Southern California’s rental market.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Beaumont
    County
    Riverside
    State
    California
    Longitude
    -116.9761784
    Latitude
    33.9306612

    FAQs

    What type of property is this?
    Apartment building - Well-maintained 12-unit apartment complex in a high-growth area.
    Where is this apartment building located?
    The property is located at 677 Magnolia Avenue Beaumont, CA.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: High‑growth Inland Empire location with strong population growth and high tenant demand.; Opportunity to increase income through renovations and strategic management due to below‑market rents.; Well‑maintained 12‑unit multifamily property offering stable cash flow.
    More about this property
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