703 Allegheny 1-40

Beaumont, CA 92223

$11,995,000

2.45 acres
Built 2009

Listed by Kidder Mathews of California, Inc · MLS #OC26002910

703 Allegheny 1-40, Beaumont, CA 92223 — photo 1

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

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A FEW THINGS TO NOTICE

What stands out.

Details worth a look

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.

Year built

Built in 2009.

Garage parking

96 garage spaces listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

***$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

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THE NEIGHBORHOOD

Explore the location.

703 Allegheny 1-40, Beaumont, CA 92223

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LOCAL MARKET CONTEXT

Riverside County housing market

See the broader conditions surrounding this property through ERA Brokers Consolidated research.

12-month price trend$609,275Down 0.3% vs. the previous 12 months

Months of supply4.112-month average

Days on market5312-month weighted average

Latest available data: August 2026. Research by ERA Brokers Consolidated.

Explore the full market report

These figures describe the broader reporting area and do not determine this property’s value, condition, availability, or likely sale price.

THE DETAILS

The details, all in one place.

Property type: ResidentialIncome
Category: Residential
Year built: 2009
Garage spaces: 96
Cooling: CentralAir
Heating: Central
Appliances: Dishwasher,ElectricOven,ElectricRange,Disposal,GasRange,HighEfficiencyWaterHeater,Refrigerator,VentedExhaustFan,WaterHeater,Dryer,Washer
Flooring: Laminate
Utilities: CableConnected,ElectricityConnected,NaturalGasConnected,PhoneConnected,SewerConnected,UndergroundUtilities,WaterConnected
Pool: No
Pool features: Community,Fenced
Spa: Yes
Subdivision: Solera (SLRA)
Parcel: 419161001
HOA fee: $0.00

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

OWNERSHIP, WITH A PLAN

Investor outlook.

Explore this property’s rental potential with an all-cash purchase. Monthly rent starts at 5% of the purchase price per year, divided by 12. Adjust it and the other assumptions to explore your scenario.

These are planning assumptions, not a rental appraisal or a loan quote. The starting rent is a price-based estimate; a local leasing professional can help confirm market rent.

Investor outlook assumes an all-cash purchase. No mortgage payment is deducted.

Estimated monthly cash flow · cash purchase—

Estimated monthly rent$49,979.17

Cap rate—

Annual operating income: —

HOA: No HOA cost is included because the listing source reports a $0 fee. Confirm current dues and special assessments before relying on this estimate.

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Purchase price

Rental income & operating costs

Estimated monthly rent

Purchase price × 5% ÷ 12. Updates with purchase price until you enter a custom rent.

Vacancy allowance (%) Management fee (%) Maintenance reserve (%) Capital reserve (%)

Annual property tax

Annual insurance

Annual insurance starts at purchase price × 0.25%, rounded to the nearest available amount. Updates with purchase price until you choose another amount.A planning estimate, not an insurance quote. Adjust it for your property and coverage.

Monthly HOA

Other monthly costs

Percentages are editable examples, not ERA fee quotes. Management is applied to rent after vacancy; maintenance and capital reserves use scheduled rent. Add owner-paid utilities, mortgage insurance and other recurring expenses under other costs.

How this scenario is calculated

Annual operating income is rent after vacancy, management, maintenance, taxes, insurance, HOA and other operating costs, before financing and capital reserves. Cap rate divides annual operating income by purchase price. Estimated monthly cash flow assumes an all-cash purchase: rent after vacancy, management, maintenance, taxes, insurance, HOA, other operating costs and capital reserves. No mortgage payment is deducted. The mortgage calculator is separate; loan payments would reduce cash flow for a financed purchase. One-time acquisition costs, renovations, income taxes, depreciation and appreciation are excluded.

Mortgage payment calculator

Explore financing separately. These loan settings do not change the all-cash investor outlook.

Mortgage assumptions

Down payment (%) Interest rate (%) Loan term

20% down and 7% interest are illustrative starting values.

Estimated monthly principal & interest—Loan payment only. Excludes property taxes, homeowners/flood insurance, mortgage insurance and HOA dues.

About this payment estimate

Based on a fixed-rate, fully amortizing loan with monthly payments and the price, down payment, interest rate and term you select. The interest rate is an example, not a current rate offer or APR; APR includes certain loan costs. This is an illustration, not a Loan Estimate, approval, offer of credit or commitment to lend.

Your actual payment, rate and eligibility depend on your lender, credit, loan program and property. Closing costs, points, prepaid expenses and lender fees are not included. Taxes and insurance may change, and mortgage insurance may be required, particularly with a down payment below 20%. Ask your lender for a Loan Estimate and a complete monthly payment including applicable taxes, insurance and fees.

Dollar results are rounded to the nearest cent; calculations retain precision until display. A cash purchase has no loan payment but still has ownership costs. Understand your total home payment (CFPB).

ERA PROPERTY MANAGEMENT

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Make a strong first impression.
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Residential management in Utah, Nevada and Texas. Service availability and rental eligibility must be confirmed for each property. Commercial and association services are available through our management services page.

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Listing information

MLS #OC26002910 · California Regional MLS

Listing brokerage: Kidder Mathews of California, Inc
Listing agent: Jonathan Mitchell

Listing status: Active. Record updated September 10, 2026. Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.