About 703 Allegheny, Beaumont, California, 92223
***$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

Street Address: 703 Allegheny
City: Beaumont
State: California
Postal Code: 92223
County: Riverside
Directions: One Mile North Of 10 FWY & Highland Springs Road

Property Information :
Listing Status: Active
Lot Size: 2.45 Acres
MLS #: OC26002910
Bedrooms: 8 bd
Bathrooms: 9 ba
Price: $11,995,000
Last Modified : Mar 2 2026 2:39AM

Courtesy of: Jonathan Mitchell, Kidder Mathews of California, Inc (MLS# OC07007)
Source MLS: SDMLS