677 Magnolia Avenue, Beaumont, CA 92223

$2,400,000
7,089
SqFt

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List Price
$2,400,000
Price Change
▲ $550,000 1767873530
Status
ACTIVE
MLS#
CV-25214521
Year Built
1947
Living Sq. Ft
7,089
Lot Size
17,859
Days on Market
366
Property Type
Multifamily
Stories
1

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.

Additional Information

Land Lease Type
Fee
Parking
None

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Listing courtesy of PAEZ REALTY COMPANY.