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40-Unit Townhouse Apartment Community
For Sale
$11,995,000

1-40-703 Allegheny St, Beaumont, CA 92223

Townhouse units feature private multi-car garages and access to a pool, spa, playground, and BBQ area.

Property SizeContact for details
Lot Size2.45 Acres
Days on Market235

Property Features for 1-40-703 Allegheny St

General Information

Standard status Active
Lot size 2.45 Acres
Property subtype Residential Income

Units

Unit Mix 2BR townhouse, 3BR townhouse
Multifamily Units 40

Additional Details

Highway Access Yes

Amenities

pool
spa
playground
BBQ area

Building Details

Year Built 2008
Construction garden-style
Listing Agency: Kidder Mathews of California, Inc
Listed By: Jonathan Mitchell · License #01227852
Source: Exprealty
Added: Jan 6 Changed: Aug 27 Last Checked: Aug 29 at 2:34PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kidder Mathews of California, Inc

Investment Insights

Based on property information with market context.

Constructed in 2008, this 40-unit apartment community consists entirely of two- and three-bedroom townhouse residences. Each home includes a connecting two- or three-car garage, vaulted ceilings, central AC and heat, and an individual hot water heater. The property offers three floor plans, with units averaging approximately 1,606 square feet.

The community was developed as a condominium complex, with each unit located on its own tax assessor parcel. On-site management serves the property, which occupies approximately 2.45 acres at 1-40-703 Allegheny St in Beaumont, California. Shared amenities include a swimming pool, spa, playground, and BBQ area. The property is approximately 1 mile from convenient access to the I-10 freeway.

Key Highlights

  • 40‑unit apartment community constructed in 2008
  • 100% 3 & 2 bedroom townhouse units
  • Connecting 3 & 2 car garages

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage HVAC Service (Bike/Boat/Book/etc) Store Accounting Firm Electrical Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

40
Residential units
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

776
Businesses Nearby

Demographics for 92223, CA

59,924
Population
20,579
Households
2.9
Avg Household Size
38
Median Age
27%
College-Educated
88%
High-School Grad
45.0 sq mi
ZIP Area
1,332
Density / Sq Mi
$100,462
Median Household Income
$50,162
Median Earnings
$1,496
Median Rent
$458,300
Median Home Value

Market

Vacancy Rate% for Multifamily in West region

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Townhouse units feature private multi-car garages and access to a pool, spa, playground, and BBQ area.
Where is this apartment building located?
The property is located at 1-40-703 Allegheny St Beaumont, CA.
What is the asking price?
The asking price for this property is $11,995,000.
What are key features of this property?
This property features: 40‑unit apartment community constructed in 2008; 100% 3 & 2 bedroom townhouse units; Connecting 3 & 2 car garages
More about this property
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