Properties

Beaumont, CA 92223 677 Magnolia Avenue

677 Magnolia Avenue Beaumont, CA - Image 1677 Magnolia Avenue Beaumont, CA - Image 2677 Magnolia Avenue Beaumont, CA - Image 3
3 more
677 Magnolia Avenue Beaumont, CA - Image 4677 Magnolia Avenue Beaumont, CA - Image 5677 Magnolia Avenue Beaumont, CA - Image 6677 Magnolia Avenue Beaumont, CA - Image 7
Presented By: William Melton with PAEZ REALTY COMPANY;
  • MLS# CV25214521
  • 09/10/2025
  • Get pre-approved
  • Request Tour
  • Request Info
  • Baths • 1
  • SQFT • 7,089

Home Details

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 Beaumontโ€™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 Californiaโ€™s most dynamic rental markets.
Presented By: William Melton with PAEZ REALTY COMPANY;

Interior Features for 677 Magnolia Avenue

Other Interior Features

Common Walls2+ Common Walls
Laundry FeaturesNone
Total Stories1

Other Rooms

Entry Level1

General for 677 Magnolia Avenue

Additional Parcels Y/NNo
Building Area UnitsSquare Feet
CityBeaumont
Community FeaturesBiking, Curbs
CountyRiverside
DirectionsExit Beaumont Avenue off the 10, go north, turn right on 7th street, turn right again on Magnolia Ave.
Electric Expense
Entry LocationStreet
Fuel Expense
Garage Spaces
Garage Y/NNo
Gross Income161772
Insurance Expense10000
Land Lease Y/NNo
Listing TermsConventional
Lot Size Square Feet17859.6
Lot Size UnitsAcres
MLS Area263 - Banning/Beaumont/Cherry Valley
Net Operating Income101774
New ConstructionNo
Number Of Units Total12
Open Parking Spaces15
Operating Expense55145
Pool FeaturesNone
PostalCityBEAUMONT
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidential Income
Rent Control Y/NNo
Senior Community Y/NNo
SewerSeptic Type Unknown
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Subdivision NameBeaumont
Tax Lot85
Trash Expense4500
Water Sewer Expense5800
Year Built1947
Year Built SourcePublic Records

Exterior for 677 Magnolia Avenue

Building Area Total7089
Lot Features11-15 Units/Acre
Lot Size Acres0.41
Lot Size Area0.41
Lot Size SourcePublic Records
Number of Buildings4
Number of Separate Electric Meters12
Number of Separate Gas Meters12
Number of Separate Water Meters0
Parking FeaturesNone
Private PoolNo
Total Parking15

Additional Details

Price History

Schools

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

Connect Realty

Price $2,400,000
MLS#CV25214521
List Date 09/10/2025
Property Type Multi-Family
Phone 888.795.6274
Get pre-approved
Request Tour
Request Info
Visit My Website

Similar Properties to 677 Magnolia Avenue

Contact Us

info@connectrealty.com
2170 Buckthorne PL. #100
The Woodlands, TX 77380
866-938-0924
  • This field is for validation purposes and should be left unchanged.