Beaumont, CA 92223,677 Magnolia AVE
Beaumont, CA 92223,677 Magnolia AVE
Beaumont, CA 92223,677 Magnolia AVE
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Listed by William Melton • PAEZ REALTY COMPANY
$2,400,000
Est. payment /mo
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677 Magnolia AVE Beaumont, CA 92223

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Alex Kononoff

Alex Kononoff

+1(650) 207-5341

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Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRCV25214521

Year Built 1947

Source California Regional MLS

Property Description

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.

Location

State CA

County Riverside

Area 263 - Banning/Beaumont/Cherry Valley

Interior

Laundry None

Exterior

Parking Features No Parking

Garage Spaces 15.0

Pool None

Others

Tax ID 418074015

Special Listing Condition Not Applicable

MLS Listing IDX PLUS
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SCHOOLSPROPERTIES
Elementary Schools 9
  • 8

    Brookside Elementary School

    Public | KG - 5

  • 7

    Tournament Hills Elementary School

    Public | KG - 5

  • 7

    Sundance Elementary School

    Public | KG - 5

  • 6

    Three Rings Ranch Elementary School

    Public | KG - 5

  • 5

    Palm Elementary School

    Public | KG - 5

  • 5

    Anna Hause Elementary School

    Public | KG - 5

  • 4

    Highland Academy

    Public | KG - 8

  • 0

    Cherry Valley Brethren Schools

    Private | PK - 2

  • 0

    Childhelp School

    Private | 2 - 12

Middle Schools 2
  • 5

    Mountain View Middle School

    Public | 6 - 8

  • 5

    San Gorgonio Middle School

    Public | 6 - 8

High Schools 2
  • 6

    Beaumont Senior High School

    Public | 9 - 12

  • 0

    Glen View High School

    Public | 9 - 12

School and business data provided by Attom Data.
Alex Kononoff
Alex Kononoff

Agent | License ID: 01387648

+1(650) 207-5341 | alexander.kononoff@exprealty.com

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677 Magnolia AVE