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703 Allegheny St
Beaumont, CA 92223 Outer San Jacinto

$11,995,000 USD

Apartments For Sale  •  64,254 SF

Property Details

  • Property Type Apartments
  • Total Building Size 64,254 SF
  • Lot Size 2.45 AC
  • Building Class B
  • Year Built 2008
  • Cap Rate 5.70 %
  • Zoning R3
30 Transit Score
50 Walk Score

Highlights

Price Reduced $855,000!
Built in 2008 as condominiums (individual parcels)
Priced below replacement cost at under $187 per foot
Day One 5.7% Cap Rate
Central AC/heat & individual hot water heaters
100% 3 & 2 bedroom townhouse units w/ connecting 2 & 3 car garages

Property Flyers

Financial Summary (Actual)

Net Operating Income: $653,568 USD (2026)
Cap Rate: 5.70 %
Total Expenses: $389,050 USD

Amenities

  • 24 Hour Access
  • Air Conditioning
  • Balcony
  • Dishwasher
  • Disposal
  • Microwave
  • Property Manager on Site
  • Tenant Controlled HVAC
  • Washer/Dryer
  • Heating
  • Recycling
  • Trash Pickup - Curbside
  • Kitchen
  • Refrigerator
  • Patio
  • Wheelchair Accessible (Rooms)
  • Walk-Up
  • Smoke Detector

Public Transportation

AirportDriveWalkDistance
Palm Springs International 37 min - 30.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 60
Type: Surface
Included in Rent: Yes
Jonathan Mitchell 714-337-8405 Kidder Mathews
Jonathan Mitchell 714-337-8405 Kidder Mathews