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$ 1,850,000
Est. payment | /mo
3 Beds
3 Baths
$ 1,850,000
Est. payment | /mo
3 Beds
3 Baths
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25214521
Bedrooms 3
Property Sub-Type Res Income 2-4 Units
Property Description
Martinez & Associates, Inc. is 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 Beaumonts 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 Californias most dynamic rental markets.
Location
State CA
County Riverside
Zoning Public Rec
Direction Exit Beaumont Avenue off the 10, go north, turn right on 7th street, turn right again on Magnolia Ave.
Interior
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Tax ID 418074015
Listed by William Melton PAEZ REALTY COMPANY
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "