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.
For sale
Listed by: PAEZ REALTY COMPANY • William Melton • 909-476-3552
$2,400,000
677 Magnolia Ave, Beaumont, CA 92223
11beds
12baths
7,089sqft
Multi Family
Built in 1947
-- sqft lot
$2,266,700 Zestimate®
$339/sqft
$-- HOA
What's special
Spacious layouts
- 381 days
- 134
- 3
Zillow last checked:
Listing updated:
Listed by:
William Melton DRE #01342816 909-476-3552,
PAEZ REALTY COMPANY
Source: CRMLS,MLS#: CV25214521
Originating MLS: California Regional MLS
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 11
- Bathrooms: 12
Appliances
- Laundry: None
Features
- Common walls with other units/homes: 2+ Common Walls
Interior area
- Total structure area: 7,089
- Total interior livable area: 7,089 sqft
Property
Parking
- Total spaces: 15
- Parking features: None
- Uncovered spaces: 15
Features
- Entry location: Street
- Pool features: None
Lot
- Size: 0.41 Acres
- Features: 11-15 Units/Acre
Details
- Parcel number: 418074015
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
- Attached to another structure: Yes
Condition
- New construction: No
- Year built: 1947
Utilities & green energy
- Sewer: Septic Type Unknown
Community & HOA
Community
- Features: Biking, Curbs
- Subdivision: Beaumont
Location
- Region: Beaumont
Financial & listing details
- Price per square foot: $339/sqft
- Date on market: 9/10/2025
- Cumulative days on market: 381 days
- Listing terms: Conventional
Estimated market value
$2,266,700
$2.15M - $2.38M
$2,034/mo
Price history
| Date | Event | Price |
|---|---|---|
| 1/6/2026 | Price change | $2,400,000+29.7%$339/sqft |
Source: | ||
| 9/10/2025 | Listed for sale | $1,850,000$261/sqft |
Source: | ||
Public tax history
Tax history is unavailable.
Monthly payment
Est. payment



