# 677 Magnolia Avenue, Beaumont, CA 92223

> **TL;DR:** 3bd/3ba multi-family, $2,400,000 ($339/sqft), built 1947, 7,089 sqft. Est. $10,400/mo. Listed 264 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $2,400,000 |
| Price/sqft | $339 |
| Bedrooms | 3 |
| Bathrooms | 3 full |
| Square Feet | 7,089 |
| Year Built | 1947 |
| Lot Size | 17,860 sqft (0.41 acres) |
| Stories | 1 |
| Property Type | Multi-Family (Apartment) |
| Status | For Sale |
| Days on Market | 264 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $10,400 |
| **Total** | **$10,400** |

## Property Highlights

- Built in 1947
- 0.41 acre lot
- 15 parking spaces

## Description

### Agent 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.

## Location

- **Address:** 677 Magnolia Avenue, Beaumont, CA 92223
- **County:** Riverside
- **Neighborhood:** Other (OTHR)

## Listing Agent

- **Name:** William Melton
- **Brokerage:** PAEZ REALTY COMPANY
- **Phone:** 9094763552
- **Email:** BIlly@vma.com

## Primary Photo

![677 Magnolia Avenue - Primary Photo](http://lh.rdcpix.com/fe1afd420c84fb81889b02279c34b4dal-f1496379363r.jpg)

*8 total photos available on [listing page](https://www.propertysimple.com/listing/677-magnolia-avenue-beaumont-ca-92223-25214521)*

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**MLS#:** CV25214521 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/677-magnolia-avenue-beaumont-ca-92223-25214521)

---

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