Millman Team Real Estate

$12,850,000
2.45 Acre Lot

703 Allegheny 1-40, Beaumont, California 92223

  • Residential Income Property Type
  • Driveway Cars Garage
  • 2009 Year Built
Property Description

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

Basic Details
Residential Income
For Sale
OC26002910
$12,850,000
2009
2.45 Acre
Active
1
Apartment
Features
: Community, Fenced
: Central
: Central Air
: Living Room, Family Room, Gas, Primary Bedroom, Outside, Dining Room, Den, Kitchen
: Driveway, Garage, Direct Access, Assigned, Asphalt
: Laminate
: Walk-In Closet(s), Ceiling Fan(s), Granite Counters, High Ceilings, Balcony, Walk-In Pantry, Quartz Counters, Stone Counters, Ceramic Counters, Wired for Data
: Inside, Washer Hookup, Gas Dryer Hookup, Electric Dryer Hookup, Stacked
: Public Sewer
: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected, Underground Utilities, Cable Connected, Phone Connected
: Double Pane Windows, Blinds
$0
Appliances
: Dishwasher, Gas Range, Dryer, Washer, Disposal, Refrigerator, Water Heater, Electric Range, Electric Oven, Vented Exhaust Fan, High Efficiency Water Heater
Address Map
CA
Riverside
Beaumont
Solera (SLRA)
92223
Allegheny
703
One Mile North Of 10 FWY & Highland Springs Road
263 - Banning/Beaumont/Cherry Valley
1-40
Additional Information
$0
$0
$0
$0
$0
64254
: Park, Curbs, Biking, Pool, Golf, Hiking, Near National Forest, Foothills
: Copper Plumbing
1
96.0
: Three Or More, Two
: 16-20 Units/Acre
40
2026-01-06
2
3
: Public
Broker/Agent Information
Kidder Mathews of California, Inc
Jonathan Mitchell
Listing Information
SMITCJON
OC07007
Cash,Cash to New Loan
Active
2026-01-06T21:36:25Z
CRMLS
: Standard
2026-01-06T11:49:30Z
Agent info
Ray Millman
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

$
Contact Agent
Contact Us