677 Magnolia Avenue, Beaumont, California image 1
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677 Magnolia Avenue

Beaumont, CA 92223
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$2,400,000 $10,118/Mo
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Bed 0

Bed

Bath 0

Bath

SqFt7,089

Sqft

SqFt17,859.60

Sqft(Lot)

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 Aven ue 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.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $2,400,000

AD Id : 87356496

MLS Id : CV25214521

Lot Size : 17,859.60 Sqft

Living Area Size : 7,089

Year Built : 1947

County : Riverside

Subdivision: Country Club Estates

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Feature Features

  • Building Information

    Year Built: 1947
    Building Area Total: 7089
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 0.41 Lot Size Acres: 0.41 Lot Size Source: Public Records Lot Size Square Feet: 17,860 Lot Description: 11-15 Units/Acre

    Property Information

    Subdivision: Beaumont Source Property Type: Residential Income Property SubType: Apartment Property Age: 79

  • Listing Price Information

    Listing Price: $2400000
    Original Price: $1850000
    Conventional

  • Tax Information

    Parcel Number: 418074015 Tax Lot: 85

  • Location Information

    Direction: Exit Beaumont Avenue off the 10, go north, turn right on 7th street, turn right again on Magnolia Ave.
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
10409 Chisholm, Beaumont, CA, 92223 $324,998 2 2 1,248 4,356 Sqft
10213 Overland, Beaumont, CA, 92223 $268,885 2 2 1,440 4,356 Sqft
10505 Frontier, Beaumont, CA, 92223 $219,000 3 2 1,764 4,792 Sqft
10780 Deerfield, Beaumont, CA, 92223 $335,000 2 2 1,296 4,792 Sqft
40462 Dutton Street, Beaumont, CA, 92223 $799,000 5 3 3,887 39,204 Sqft
1510 Sky Vista, Beaumont, CA, 92223 $435,000 2 2 1,472 6,216 Sqft
1612 Croton, Beaumont, CA, 92223 $674,999 4 3 2,852 13,939 Sqft
1506 Sky Vista Way, Beaumont, CA, 92223 $474,999 2 2 1,677 6,103 Sqft
1653 Capri, Beaumont, CA, 92223 $445,000 3 2 1,677 4,312 Sqft
1617 Park Village Drive, Beaumont, CA, 92223 $479,000 2 2 1,763 5,826 Sqft

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The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 09/08/2026 @ 01:27

MLS: CV25214521 LISTED BY: William Melton, PAEZ REALTY COMPANY 909-476-3552 SOURCE: CRMLS

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