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12-Unit Apartment Building
For Sale
$2,400,000

677 Magnolia Avenue, Beaumont, CA 92223

Twelve one- and two-bedroom units with on-site parking in Beaumont.

Property SizeContact for details
Days on Market427

Property Features for 677 Magnolia Avenue

General Information

Standard status Active
Property subtype Multi-family

Additional Details

Multifamily Units 12

Building Details

Year Built 1947
Listing Agency: PAEZ REALTY COMPANY
Listed By: William Melton
Source: Sevengables
Added: Jul 6, 2025 Changed: Sep 4 Last Checked: Sep 4 at 10:55AM

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 PAEZ REALTY COMPANY

Investment Insights

Based on property information with market context.

Magnolia Avenue Apartments is a well-maintained 12-unit multifamily property offering a mix of one- and two-bedroom units. The building is arranged to support tenant comfort with spacious layouts, and it includes on-site parking for residents.

Located at 677 Magnolia Avenue in Beaumont, CA 92223, the property provides convenient access to nearby retail, dining, and schools.

The community is positioned as a steady rental option, with current rents described as remaining below market in the provided materials.

Key Highlights

  • 12‑unit multifamily property in Beaumont, CA
  • Unit mix includes one- and two‑bedroom apartments
  • On‑site parking provided

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Pharmacy Parking Lot & Garage (Bike/Boat/Book/etc) Store Food Market Locksmith Veterinary Clinic

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

12
Residential units

Location Intelligence

Trade Area within ½ mile

882
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 - Twelve one- and two-bedroom units with on-site parking in Beaumont.
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: 12‑unit multifamily property in Beaumont, CA; Unit mix includes one- and two‑bedroom apartments; On‑site parking provided
More about this property
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