Stacey Alysson Melman

703 Allegheny #1-40 Beaumont CA 92223 MLS #OC26002910

703 Allegheny #1-40
Beaumont, CA, 92223
$11,995,000
Beds
0 Baths
0 SqFt
2.45 Acres
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MLS #OC26002910 image #0
***$855,000 Price Reduction***Constructed in 2008, The Tuscany Villas is a 40-unit apartment
community that is managed on-site and offers investors desirable
amenities as it was built as a condominium complex with each
unit situated on its own tax assessor parcel. The property
features 100% two and three bedroom townhouse units with
connecting two and three car gargaes, an uncommon feature
in similar sized, garden-style communities. The townhouses
further distinguish themselves with vaulted ceilings enhancing
natural light and offering a more spacious, modern living
experience. Bordered by Mount San Gorgonio and Mount
San Jacinto, Beaumont is one of the fastest-growing cities in
Riverside County. This combination of location, design, and
amenities ensures strong renter demand and positions the
property for substantial rent and income growth as units are
brought to market levels. 100% 3 & 2 bedroom townhouse units
• Connecting 3 & 2 car garages
• Built in 2008 as condominiums
(individual parcels)
• Well managed with on-site management &
excellent tenant profile
• Sparkling pool, spa, playground & BBQ area
• Priced below replacement cost at
under $187 per foot
• Spacious units offering 3 different floor plans
• Average of ±1,606 square foot units
• Central AC/heat & individual hot water heaters
• Large ±2.45 Acre parcel
• ±1 mile with easy access to the I-10 freeway
AGENT: Jonathan Mitchell
LISTING BROKERAGE: Kidder Mathews of California, Inc
703 Allegheny #1-40
Beaumont, CA

Property Details

Price:
$11,995,000
MLS #:
OC26002910
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Subdivision:
Solera SLRA
Neighborhood:
263banningbeaumontcherryvalley
Listed Date:
Jan 6, 2026
Total Sq Ft:
64,254
Lot Size:
106,722 sqft / 2.45 acres (approx)
Year Built:
2009
263 – Banning/beaumont/cherry Valley263banningbeaumontcherryvalleySolera Slra
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Schools

Interior

Appliances
DW, GD, RF, GER, EO, ER, HEWH, VEF, WHU
Cooling
CA
Flooring
LAM
Heating
CF
Interior Features
CF, FC, DATA, CERC, GRNC, STNC, BL, HCEL, QTZC
Laundry Features
ELC, GAS, GE, IN, STK, DINC, WH, WINC
Levels
U, C

Exterior

Common Walls
_2CW
Community Features
BLM, CRB, FHL, GOLF, PARK, HIKI, BIKI
Garage Spaces
96
Parking Spots
106
Parking Total
106
Security Features
SD, FS, GRD, MGR
Spa Features
IG, COM
Window Features
BLI, DPW

Financial

Gross Operating Income
$1,070,575
Maintenance Fee
$47,794
Net Operating Income
$681,525

Map

Community

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