Welcome to this unique two-home property with great income potential! The front home is a charming 2-bedroom, 1-bath residence just under 1,000 sq. ft. featuring updated laminate flooring, newer windows, a new water heater, updated plumbing, and mini-split systems for heating and air conditioning. The fully permitted detached ADU was built in 2022 and offers approximately 380 sq. ft. of additional living space, also equipped with its own mini-split system. A huge bonus is that both units have separate water, electric, and gas meters, making the property ideal for someone looking to live in one unit and rent out the other. Situated on a large lot with additional upside and future potential, this property offers flexibility for an owner-occupant, investor, or multi-generational living. A great opportunity to own two permitted units on one lot while having the ability to generate additional rental income.
First time ever offered for sale! Rare mixed-use investment opportunity in the heart of Beaumont featuring multiple income-producing components on a single parcel. The property includes approximately 2,450 square feet of commercial space with excellent visibility on Beaumont Avenue, plus two residential apartments located above the commercial building, creating multiple revenue streams. In addition, the property features a detached single-family residence that has recently been vacated and remodeled with fresh interior and exterior paint, updated flooring, and new kitchen cabinets. The home also offers a fenced yard, making it attractive for owner occupancy or rental income. Additional amenities include on-site parking, a divided storage shed, and a versatile layout suitable for investors seeking a combination of commercial and residential income. This is a unique opportunity to acquire a well-located mixed-use property that has been held long-term and is being offered for sale for the first time. Conveniently located near downtown Beaumont, local businesses, shopping, and major transportation corridors. Buyer to verify all square footage, zoning, permits, uses, and income potential to their own satisfaction.
***$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
Beaumont is located in California. Beaumont, California has a population of 52,081. Beaumont is more family-centric than the surrounding county with 39.6% of the households containing married families with children. The county average for households married with children is 35.14%.
The median household income in Beaumont, California is $92,797. The median household income for the surrounding county is $76,066 compared to the national median of $69,021. The median age of people living in Beaumont is 34.7 years.
The average high temperature in July is 97.7 degrees, with an average low temperature in January of 39.4 degrees. The average rainfall is approximately 22.6 inches per year, with 0.7 inches of snow per year.