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$12,850,000

  • For Sale
  • Active
  • Multi-Family
  • Updated 12 days ago
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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

Full Property Details for 703 Allegheny

General

  • Price: $12,850,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: OC26002910
  • Updated: 1/6/2026
  • Days on Market: 12 days
  • Added to Site: 12 day(s) ago

Interior

  • Rooms/Areas: Kitchen, Laundry, Living Room, Walk-In Closet, Walk-In Pantry
  • Interior Features: Balcony, Ceiling Fan(s), Ceramic Counters, Copper Plumbing (Full), Granite Counters, High Ceilings, Quartz Counters, Stone Counters, Wired for Data
  • Fireplace(s): Den, Dining Room, Family Room, Kitchen, Living Room, Primary Bedroom, Outside, Patio, Gas
  • Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Gas & Electric Range, High Efficiency Water Heater, Refrigerator, Vented Exhaust Fan, Water Heater
  • Flooring: Laminate

Rooms

Other Rooms

  • Laundry: Dryer Included, Electric Dryer Hookup, Gas & Electric Dryer Hookup, Gas Dryer Hookup, Inside, Stackable, Washer Hookup, Washer Included

Additional Information

  • Pool Description: Community, Fenced
  • Spa Description: Community, In-Ground

Parking

  • Garage Spaces: 96
  • Parking Features: Assigned, Direct Garage Access, Driveway, Asphalt
  • Parking: Assigned, Garage (Direct Access), Driveway, Asphalt

Location

  • Area: 263 - Banning/Beaumont/Cherry Valley
  • County: Riverside
  • Development Name: 263 - Banning/Beaumont/Cherry Valley
  • Driving Directions: One Mile North Of 10 FWY & Highland Springs Road

Heating & Cooling

  • Cooling Type: Central Air
  • Heating Type: Central

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 40
  • # Gas Meters: 40
  • # Electric Meters: 40

Structural Information

  • Windows: Blinds, Double-Pane Windows
  • Entry Location: Street
  • Stories/Levels: Two,Three Or More
  • Stories Description: Two, Three Or More
  • Square Feet: 64,254
  • Year Built: 2009

Unit Information

Unit 1

  • Number of Units: 11
  • Total Bathrooms: 3
  • Bedrooms: 3

Unit 2

  • Number of Units: 13
  • Total Bathrooms: 3
  • Bedrooms: 3

Unit 3

  • Number of Units: 16
  • Total Bathrooms: 3
  • Bedrooms: 2

Lot Features

  • Lot Size (Acres): 2.45
  • Lot Size (Sq. Ft.): 106,722
  • Lot Size Source: Assessor
  • Lot Description: 16-20 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $199.99
  • Price Per Unit: 321250

Listed by Kidder Mathews of California, Inc, Jonathan Mitchell

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Listing agent

— 703 Allegheny —

  • Jonathan Mitchell

    Kidder Mathews of California, Inc

949-557-5000

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Price & Sales History for 703 Allegheny Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/06/2026
Listed
$12,850,000
102.52%
MLS
11/13/2012
Sold
$6,345,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 703 Allegheny

Year
Property Taxes
Change
Tax Assessment
Change
2025
$2,725
2%
$205,514
2%
2024
$2,674
—
$201,485
2%
2023
$2,684
2%
$197,535
2%
2022
$2,634
2%
$193,662
2%
2021
$2,584
1%
$189,865
1%
2020
$2,556
2%
$187,919
2%
2019
$2,517
—
$184,235
2%
2018
$2,507
2%
$180,624
2%
2017
$2,467
3%
$177,084
2%
2016
$2,402
2%
$173,612
2%
2015
$2,362
—
$171,006
2%
2014
$2,363
-1%
$167,658
—
2013
$2,376
—
$166,900
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Listed by Kidder Mathews of California, Inc, Jonathan Mitchell

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703 Allegheny, Beaumont, CA 92223 (MLS# OC26002910) is a Multi-Family property with 40 units containing 0 bedrooms and 0 full bathrooms. 703 Allegheny is currently listed for $12,850,000 and was received on January 06, 2026. Want to learn more about 703 Allegheny? Do you have questions about finding other Multi-Family real estate for sale in Beaumont? You can browse all Beaumont real estate or contact a Coldwell Banker agent to request more information.

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