703 Allegheny 1-40 Beaumont, CA $ 12,850,000
703 Allegheny 1-40
$ 12,850,000
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703 Allegheny 1-40

Beaumont, CA, 92223
$ 12,850,000
Baths2.1 Sq 64,254

Monthly Estimate*

$ 79,120

Listed by Kidder Mathews of California, Inc
703 Allegheny 1-40, Beaumont, CA 92223 - Image 1
703 Allegheny 1-40, Beaumont, CA 92223 - Image 2
703 Allegheny 1-40, Beaumont, CA 92223 - Image 3
703 Allegheny 1-40, Beaumont, CA 92223 - Image 4
703 Allegheny 1-40, Beaumont, CA 92223 - Image 5
703 Allegheny 1-40, Beaumont, CA 92223 - Image 6
703 Allegheny 1-40, Beaumont, CA 92223 - Image 7
703 Allegheny 1-40, Beaumont, CA 92223 - Image 8
703 Allegheny 1-40, Beaumont, CA 92223 - Image 9
703 Allegheny 1-40, Beaumont, CA 92223 - Image 10
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Studio

Single Family Home for sale in Beaumont, CA

for $12,850,000 with 2 full baths, 1 half bath. This 64,254 square foot home was built in 2009 on a lot size of 2.45.

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 $200 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

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Single Family Active

Price

$ 12,850,000

Bedrooms

Studio

Full Bath

2

Half Bath

1

Property Type

Single Family

Taxes

$ 0

Style

Lot Size

2.45

Year Built

2009

Town/City

Beaumont

County/Region

Riverside

MLS | Web ID

OC26002910

Days on Market

11

Features
General
Sewer PublicSewer
Heating Central
Cooling CentralAir
Utilities CableConnected ElectricityConnected NaturalGasConnected PhoneConnected SewerConnected UndergroundUtilities WaterConnected
Appliances Dishwasher ElectricOven ElectricRange Disposal GasRange HighEfficiencyWaterHeater Refrigerator VentedExhaustFan WaterHeater Dryer Washer
HOA Fee 0
Garage Spaces 96
Pool Features Community Fenced
Security Features FireSprinklerSystem ResidentManager SmokeDetectors SecurityGuard
Construction Materials CopperPlumbing
Year Built 2009
Tenant Pays CableTv Electricity Gas
Stories Count 2
Levels Two ThreeOrMore
Unit Number 1-40
Property Subtype Apartment
Gross Income 0
Community Features Biking Curbs Foothills Golf Hiking NearNationalForest Park Pool
Additional Parcels Description 419161001 419161002
County Riverside
Net Operating Income 645484
Operating Expense 420086
Insurance Expense 43792
New Construction false
Property Type ResidentialIncome
HOA false
MaintenanceExpense 47794
Subdivision Name Solera (SLRA)
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions One Mile North Of 10 FWY & Highland Springs Road
City Beaumont
Entry Location Street
Senior Community Y/N false
Open Parking Spaces 10
Number Of Units Total 40
MLS Area 263 - Banning/Beaumont/Cherry Valley
Lot Size Units Acres
Lot Size Square Feet 106722
Number of Units Leased 40
Listing Terms Cash CashToNewLoan
Spa Features Community InGround
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 7242
Trash Expense 1927
Water Sewer Expense 1926
Additional Parcels Y/N true
Rent Control Y/N false
Building Area Units SquareFeet
Standard Status Active
Year Built Source PublicRecords
Tax Lot 1
Total Actual Rent 87895
Property Sub Type Additional Apartment
Taxes 166989
Cap Rate 5.02
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Interior
Interior Amenities Balcony CeilingFans CeramicCounters GraniteCounters HighCeilings QuartzCounters StoneCounters WiredForData WalkInPantry WalkInClosets
Flooring Laminate
Fireplace Features Den DiningRoom FamilyRoom Gas Kitchen LivingRoom PrimaryBedroom Outside
Total Stories 3
Common Walls TwoCommonWallsOrMore
Air Conditioning Y/N true
Heating Y/N true
Window Features Blinds DoublePaneWindows
Fireplace Y/N true
Laundry Features WasherHookup ElectricDryerHookup GasDryerHookup Inside Stacked
Entry Level 1
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Exterior
Parking Features Assigned Asphalt DirectAccess Driveway Garage
Lot Features SixteenToTwentyUnitsAcre
Water Source Public
Total Parking 106
Lot Size Area 2.45
Number of Buildings 4
Spa true
Building Area Total 64254
Lot Size Acres 2.45
Private Pool false
Lot Size Source Assessor
Pool Charge 2400
Number of Separate Water Meters 40
Number of Separate Gas Meters 40
Number of Separate Electric Meters 40
Road Frontage Type CityStreet
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* Excluded Features
List By
Kidder Mathews Of California, Inc

Broker

jon.mitchell@kidder.com

Email

Affordability Calculator

$79,120
Per Month
100%
0%
0%
Monthly Principal & Interest
$79,120
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Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/8/2026$12,850,000 Listed Price

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703 Allegheny 1-40, Beaumont, CA, 92223 is a Single Family Home for sale at $12,850,000 with 64,254 sqft and a lot size of 2.45. 703 Allegheny 1-40 is a studio with 2.1 baths and was built in 2009. The property's zip code is 92223 which is in Beaumont, CA