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26877228
26877229

677 Magnolia Ave, Beaumont, CA 92223

TS
CA 02129994
Victor Martinez & Associates
VM
CA 01311755, AZ BR661364000 (+1)
Victor Martinez & Associates
Listed by Victor Martinez & Associates
$2,400,000
273 days on market
Updated 69 days ago

Magnolia Avenue Apartments

Details
APN 418-074-015
Property Type Multifamily
Sub Type Apartment Building
Square Footage 7,089
Units 12
Cap Rate 5.50%
Occupancy 100%
Class C
Year Built 1960
Acreage 0.410
Zoning R3
Parking Spaces 15 spaces
Parking Per SqFt 2.12
Ownership Sole Proprietorship

12 Unit Apartment Complex In Beaumont with Potential Upside!

Marketing 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 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.

Investment highlights

  • 12 total units with a proven history of stable occupancy

  • Mix of one- and two-bedroom floorplans

  • Ample on-site parking and tenant conveniences

  • Below-market rents with value-add upside

  • Located in Beaumont, one of the fastest-growing Inland Empire communities with strong demand for quality housing

Listing Contacts

TS
CA 02129994
Victor Martinez & Associates
VM
CA 01311755, AZ BR661364000 (+1)
Victor Martinez & Associates
Listed by Victor Martinez & Associates

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Additional Information

Name
Taaha Sabir
License
02129994
Brokerage
Victor Martinez & Associates
Brokerage Phone
9099458888
Title
Real Estate Salesperson
Brokerage Address
3595 Inland Empire Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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