Banning/Beaumont/Cherry Valley (263) Homes with Apartment Subtype

Welcome to the enchanting region of Banning, Beaumont, and Cherry Valley, nestled in the heart of Riverside County, California. This picturesque area, known for its stunning mountain views and charming small-town atmosphere, offers a unique blend of tranquility and accessibility. Just a short drive from the bustling cities of Los Angeles and Palm Springs, residents enjoy the best of both worlds: serene living with urban conveniences at their fingertips.

Beaumont, in particular, has seen a surge in growth and development, making it a prime location for families and individuals alike. The community is characterized by its friendly neighborhoods, excellent schools, and a variety of recreational activities, from hiking in the nearby San Bernardino National Forest to enjoying local parks and community events. The rich history of the area is evident in its historic downtown, where quaint shops and eateries invite you to explore.

For those seeking a home with versatility, the real estate market in this region features an attractive selection of homes with apartment subtypes. These properties are perfect for multi-generational living, providing additional space for family members or the potential for rental income. Imagine having a cozy, self-contained apartment within your home, offering privacy while still being close to loved ones. Whether you're looking for a spacious family home or a property that can accommodate guests or tenants, Banning, Beaumont, and Cherry Valley have something for everyone.

Discover the charm of this thriving community and find your perfect home in this beautiful region of Southern California. With its welcoming vibe and diverse real estate options, you'll be glad you made the move to Banning, Beaumont, or Cherry Valley!

Newest Banning/Beaumont/Cherry Valley (263) Homes with Apartment Subtype

$2,400,000

CV25214521 MLS ⋅ Active Status

Proud to present Magnolia Avenue Apartments, a well-maintained 12-unit multifamily investment opportunity located in the growing city of Beaumont, CA. The property consists of a desirable mix of one- and two-bedroom units, each designed for tenant comfort and long-term stability. On-site parking, spacious layouts, and convenient access to nearby retail, dining, and schools make Magnolia Avenue Apartments a sought-after rental option for local residents. Positioned in a high-growth Inland Empire submarket, the property benefits from Beaumont’s strong population growth, limited multifamily inventory, and consistently high tenant demand. Current rents remain below market, offering investors the opportunity to increase income through renovations and strategic management. Magnolia Avenue Apartments offers investors a rare opportunity to acquire a stable, cash-flowing property with significant upside potential in one of Southern California’s most dynamic rental markets.

677 Magnolia Avenue, Beaumont

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