$12,850,000

703 Allegheny St Unit 1-40 Beaumont, CA 92223

Estimated payment $79,977/month

Total Views 93
8 Beds
9 Baths
64,254 Sq Ft
$200 Price per Sq Ft

Highlights

  • Golf Course Community
  • 2.45 Acre Lot
  • Fireplace in Primary Bedroom
  • In Ground Spa
  • Near a National Forest
  • High Ceiling

About This Home

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

Listing Agent

Jonathan Mitchell

Kidder Mathews of California, Inc Brokerage Phone: 949-557-5000 License #01227852 Listed on: 01/06/2026

Property Details

Home Type

  • Condominium

Year Built

  • Built in 2009

Lot Details

  • Two or More Common Walls
  • Density is 16-20 Units/Acre
  • 419161001, 419161002,

Parking

  • 96 Car Direct Access Garage
  • 10 Open Parking Spaces
  • Parking Available
  • Driveway
  • Assigned Parking

Home Design

  • Entry on the 1st floor
  • Copper Plumbing

Interior Spaces

  • 64,254 Sq Ft Home
  • 3-Story Property
  • Wired For Data
  • High Ceiling
  • Ceiling Fan
  • Gas Fireplace
  • Double Pane Windows
  • Blinds
  • Family Room with Fireplace
  • Living Room with Fireplace
  • Dining Room with Fireplace
  • Den with Fireplace
  • Laminate Flooring

Kitchen

  • Walk-In Pantry
  • Electric Oven
  • Gas and Electric Range
  • Dishwasher
  • Granite Countertops
  • Quartz Countertops
  • Ceramic Countertops
  • Disposal
  • Fireplace in Kitchen

Bedrooms and Bathrooms

  • 8 Bedrooms
  • Fireplace in Primary Bedroom
  • Walk-In Closet
  • 9 Bathrooms

Laundry

  • Laundry Room
  • Stacked Washer and Dryer

Home Security

Pool

  • In Ground Spa
  • Fence Around Pool

Outdoor Features

  • Balcony
  • Fireplace in Patio
  • Outdoor Fireplace

Utilities

  • Central Heating and Cooling System
  • Vented Exhaust Fan
  • Underground Utilities
  • Natural Gas Connected
  • High-Efficiency Water Heater
  • Cable TV Available

Listing and Financial Details

  • Tax Lot 1
  • Tax Tract Number 34124
  • Assessor Parcel Number 419161001
  • $61 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 40 Units
  • Solera Subdivision
  • Near a National Forest
  • Foothills

Recreation

  • Golf Course Community
  • Community Pool
  • Community Spa
  • Park
  • Hiking Trails
  • Bike Trail

Building Details

  • 40 Leased Units
  • 40 Separate Electric Meters
  • 40 Separate Gas Meters
  • 40 Separate Water Meters
  • Electric Expense $7,242
  • Gardener Expense $3,000
  • Insurance Expense $43,792
  • Maintenance Expense $47,794
  • Other Expense $63,668
  • Pool Expense $2,400
  • Professional Management Expense $72,875
  • Trash Expense $1,927
  • Water Sewer Expense $1,926
  • Security Expense $8,473
  • New Taxes Expense $166,989
  • Operating Expense $420,086
  • Gross Income $1,065,570
  • Net Operating Income $645,484

Security

  • Security Guard
  • Resident Manager or Management On Site
  • Fire and Smoke Detector
  • Fire Sprinkler System

Property Details

Home Type

Condominium

Year Built

Built in 2009

Lot Details

0

Parking

96

Listing Details

  • CapRate: 5.02
  • Professional Management Expense: 72875.00
  • Property Attached: Yes
  • Road Frontage Type: City Street
  • Security Expense: 8473.00
  • Security: Fire Sprinkler System, Guarded, Resident Manager, Smoke Detector(s)
  • Subdivision Name Other: Solera (SLRA)
  • Water Sewer Expenses: 1926.00
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Gardener Expense: 3000.00
  • Parcel Number: 419161001
  • Year Built: 2009
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Interior Amenities: Balcony, Ceiling Fan(s), Ceramic Counters, Copper Plumbing Full, Granite Counters, High Ceilings, Quartz Counters, Stone Counters, Wired for Data
  • Stories: 3
  • Common Walls: 2+ Common Walls
  • Flooring: Laminate
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Den, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom, Outside, Patio, Gas
  • Levels: Two, Three Or More
  • Price Per Square Foot: 199.99
  • Room Type: Kitchen, Laundry, Living Room, Walk-In Closet, Walk-In Pantry
  • Spa Features: Community, In Ground
  • Window Features: Blinds, Double Pane Windows

Exterior Features

  • Pool Expense: 2400.00
  • Pool Features: Community, Fenced
  • Pool Private: No
  • Spa: Yes

Garage/Parking

  • Garage Spaces: 96.00
  • Parking: Yes
  • Parking Features: Assigned, Direct Garage Access, Driveway, Asphalt
  • Total Parking Spaces: 106.00
  • Uncovered Spaces: 10.00

Utilities

  • Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Gas & Electric Range, High Efficiency Water Heater, Refrigerator, Vented Exhaust Fan, Water Heater
  • Heating Type: Central
  • Laundry Features: Dryer Included, Electric Dryer Hookup, Gas & Electric Dryer Hookup, Gas Dryer Hookup, Inside, Stackable, Washer Hookup, Washer Included
  • Sewer: Public Sewer
  • Trash Expense: 1927.00
  • Water Source: Public
  • Cooling: Central Air
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Common Interest: Condominium
  • Community Features: Biking, Blm/National Forest, Curbs, Foothills, Golf, Hiking, Park

Lot Info

  • Additional Parcels: Yes
  • Additional Parcels Description: 419161001, 419161002,
  • Land Lease: No
  • Lot Features: 16-20 Units/Acre
  • Lot Size Sq Ft: 106722.00
  • Lot Size Acres: 2.4500

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average2 Bed Area: 1759 Square Feet
  • Average3 Bed Area: 1654 Square Feet
  • Electric Expense: 7242.00
  • Gross Multiplier: 12.10
  • Gross Operating Income: 1065570.00
  • Gross Scheduled Income: 1056660.00
  • Insurance Expense: 43792.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 2.4500 Acres
  • Maintenance Expense: 47794.00
  • Net Operating Income: 645484.00
  • Number Of Separate Electric Meters: 40
  • Number Of Separate Gas Meters: 40
  • Number Of Separate Water Meters: 40
  • Number Of Units Leased: 40
  • Number Of Units Total: 40
  • Number With Dishwasher: 40
  • Number With Disposal: 40
  • Number With Range: 40
  • Number With Refrigerator: 40
  • Operating Expense: 420086.00
  • Operating Expense Percent: 40.00
  • Other Expense: 63668.00
  • Rent Control: No
  • Total Actual Rent: 87895.00
  • Total Expenses: 420086.00
  • Vacancy Allowance Rate: 3.00

Tax Info

  • New Taxes Expense: 166989.00
  • Tax Lot: 1
  • Tax Tract Number: 34124
  • TaxOtherAnnualAssessmentAmount: 61.00

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
01/06/2026 01/06/26 For Sale $12,850,000 -- $200 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC26002910

California Regional Multiple Listing Service (CRMLS)