703 Allegheny Unit 1-40, Beaumont, CA 92223
- $11,995,000
- List Price
- $11,995,000
- Price Change
- ▼ $855,000 1770943503
- Status
- ACTIVE
- MLS#
- OC26002910
- Year Built
- 2009
- Lot Size
- 106,722
- Acres
- 2.45
- Lot Location
- 16-20 Units/Acre
- Days on Market
- 202
- Property Type
- Multifamily
- Property Sub Type
- Apartment
- Stories
- Two Levels, Three Or More Levels
- Neighborhood
- Solera (Slra)
Property Description
***$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
Additional Information
- Appliances
- Dishwasher, Electric Oven, Electric Range, Disposal, Gas Range, High Efficiency Water Heater, Refrigerator, Vented Exhaust Fan, Water Heater, Dryer, Washer
- Pool Description
- Community, Fenced
- Fireplace Description
- Den, Dining Room, Family Room, Gas, Kitchen, Living Room, Primary Bedroom, Outside
- Heat
- Central
- Cooling
- Yes
- Cooling Description
- Central Air
- Exterior Construction
- Copper Plumbing
- Garage Spaces Total
- 96
- Sewer
- Public Sewer
- Water
- Public
- Interior Features
- Balcony, Ceiling Fan(s), Ceramic Counters, Granite Counters, High Ceilings, Quartz Counters, Stone Counters, Wired for Data, Walk-In Pantry, Walk-In Closet(s)
- Attached Structure
- Attached
- Number Of Units Total
- 40
- Gross Scheduled Income
- $1,061,820
- Operating Expense
- 389050
Listing courtesy of Listing Agent: Jonathan Mitchell (jon.mitchell@kidder.com) from Listing Office: Kidder Mathews of California, Inc.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.