677 Magnolia Avenue Beaumont CA 92223 MLS #CV25214521

677 Magnolia Avenue
Beaumont, CA, 92223
$2,400,000
Beds
0 Baths
0 SqFt
0.41 Acres
$2,400,000
677 Magnolia Avenue
Beaumont, CA, 92223
MLS #CV25214521 image #0
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.

Property Details

Price:
$2,400,000
MLS #:
CV25214521
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
263banningbeaumontcherryvalley
Listed Date:
Jan 6, 2026
Total Sq Ft:
7,089
Lot Size:
17,860 sqft / 0.41 acres (approx)
Year Built:
1947
263 – Banning/beaumont/cherry Valley263banningbeaumontcherryvalley

Schools

Interior

Laundry Features
NO

Exterior

Community Features
CRB, BIKI
Parking Spots
15

Financial

Net Operating Income
$101,774
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Get Out There, A Simply Outgoing Approach to Life. James Outland Jr. is one of those rare people who simply has an outgoing approach to life. No matter the activity… from dune buggy riding to skydiving to motorcycling to riding the local Pismo Beach waves… James Outland Jr. approaches life with a “just get out there and do it” kind of attitude. A zest for Life. James’ zest for life is obviously apparent in his many exciting hobbies. In his spare time, he loves riding dune buggies or hi…

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Current real estate data for Single Family in Beaumont as of Feb 15, 2026
208
Single Family Listed
56
Avg DOM
242
Avg $ / SqFt
$545,520
Avg List Price

Community

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Property Summary

    Located in the Other (OTHR) subdivision, 677 Magnolia Avenue Beaumont CA is a Single Family for sale in Beaumont, CA, 92223. It is listed for $2,400,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1947. The average price per square foot for Single Family listings in Beaumont is $242. The average listing price for Single Family in Beaumont is $545,520. To schedule a showing of MLS#cv25214521 at 677 Magnolia Avenue in Beaumont, CA, contact your James Outland agent at 8057482262.
677 Magnolia Avenue
Beaumont, CA
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