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$900,000
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Property Description
4-Unit Residential Income Property with excellent layout and strong utility separation! The property features two units fronting Magnolia Ave and two units fronting E 8th St, offering added privacy and flexibility. Each unit is individually metered with 4 electric meters and 4 gas meters, allowing tenants to pay their own gas and electricity, while the owner covers water, sewer, and trash.
Recent capital improvements include a New Roof, replaced and relined main sewer line and lateral line to the street, providing peace of mind for future ownership. Three units offer laundry hookups, two units include carports, and one unit features a private storage shed. All units are equipped with wall heaters, gas stoves, window A/C units, and enclosed yard spaces.
Unit mix consists of: Unit 1 (1 bed / 1 bath), Unit 2 (2 bed / 1 bath + storage shed), Unit 3 (2 bed / 1 bath + carport - currently vacant, featuring updated flooring and fresh interior paint), and Unit 4 (2 bed / 1 bath + carport).
Sold off-market - listing entered for MLS comparable purposes only.
Full Property Details
Full Property Details for 802 Magnolia
General
- Sold For: $900,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: OC26064975
- Added to Site: 2 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: See Remarks
Additional Information
- Pool Description: None
- Spa Description: None
Parking
- Parking Features: Attached Carport
- Parking: Attached Carport
Location
- Area: 263 - Banning/Beaumont/Cherry Valley
- County: Riverside
- Development Name: 263 - Banning/Beaumont/Cherry Valley
- Driving Directions: Corner of 8th and Magnolia
Heating & Cooling
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Roof: Composition, Common Roof
- Entry Location: 1
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,488
- Year Built: 1937
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 2
Additional Structures
- Other Structures: Shed(s)
Lot Features
- Property View: None
- Lot Size (Acres): 0.22
- Lot Size Source: Assessor
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $361.74
- Price Per Unit: 225000
Listed and Sold by Pacific Avenue Realty, Prashant Sampat
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Schools
Schools serving 802 Magnolia
School District:Beaumont Unified School District
| Name | Grades | Distance |
|---|---|---|
Palm Innovation Academy 751 Palm Avenue, Beaumont, CA 92223 | K-5 | 0.2 mi |
San Gorgonio Middle School 1591 Cherry Avenue, Beaumont, CA 92223 | 6-8 | 1.5 mi |
Beaumont Senior High School 39139 Cherry Valley Blvd., Beaumont, CA 92223 | 9-12 | 2.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 802 Magnolia
Date
Details
Price
Change
Source
5/28/2026
Sold
$900,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
802 Magnolia, Beaumont, CA 92223 (MLS# OC26064975) is a Multi-Family property that was sold at $900,000 on May 28, 2026. Want to learn more about 802 Magnolia? 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.

