677 Magnolia Avenue, Beaumont

$1,850,000

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3

Beds

3

Baths

0.41

Acres

About 677 Magnolia Avenue

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.

Features of 677 Magnolia Avenue

MLS® # CV25214521
Price $1,850,000
Bedrooms 3
Bathrooms 3.00
Acres 0.41
Year Built 1947
Type Residential Income
Sub-Type Apartment
Status Active

Community Information

Address 677 Magnolia Avenue
Area 263 - Banning/Beaumont/Cherry Valley
Subdivision Beaumont
City Beaumont
County Riverside
Zip Code 92223

Amenities

Parking Spaces 15
Parking None
Garages None
Is Waterfront No
Has Pool No
Pool None

Interior

Has Basement No
Fireplace No
# of Stories 1

Exterior

Lot Description ElevenToFifteenUnitsAcre

Additional Information

Date Listed September 10th, 2025
Days on Market 51
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentWilliam Melton
OfficePAEZ REALTY COMPANY

Listing Map

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