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677 Magnolia Avenue, Beaumont, CA 92223

Local realty services provided by:CENTURY 21 Cornerstone
677 Magnolia Avenue,Beaumont, CA 92223
$2,400,000
  • - Beds
  • - Baths
  • 7,089 sq. ft.
  • Multi-family
  • Active
Listed by: william melton
Office: paez realty company
MLS#:CV25214521
Source:CRMLS

Price summary

  • Price:$2,400,000
  • Price per sq. ft.:$338.55

About this home

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.

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Home facts

  • Year built:1947
  • Listing ID #:CV25214521
  • Added:136 day(s) ago
  • Updated:January 25, 2026 at 11:50 AM

Rooms and interior

  • Living area:7,089 sq. ft.

Structure and exterior

  • Year built:1947
  • Building area:7,089 sq. ft.
  • Lot area:0.41 Acres

Utilities

  • Sewer:Septic Tank

Finances and disclosures

  • Price:$2,400,000
  • Price per sq. ft.:$338.55
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