$11,995,000
About this home
***$855,000 Price Reduction***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 $187 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
Facts & features
- Interior features
- Balcony, Ceiling Fans, Ceramic Counters, Granite Counters, High Ceilings, Quartz Counters, Stone Counters, Wired For Data, Walk In Pantry, Walk In Closets
- Appliances
- Dishwasher, Electric Oven, Electric Range, Disposal, Gas Range, High Efficiency Water Heater, Refrigerator, Vented Exhaust Fan, Water Heater, Dryer, Washer
- Flooring
- Laminate
- Fireplace
- Den, Dining Room, Family Room, Gas, Kitchen, Living Room, Primary Bedroom, Outside
- Heating
- Central
- Cooling
- Central Air
- Laundry
- Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Stacked
- Levels
- Two, Three Or More
- Spa
- Community, In Ground
- Lot size
- 2.45 acres (106,722 sq ft)
- Pool
- Community, Fenced
- Year built
- 2009
- Parking
- Assigned, Asphalt, Direct Access, Driveway, Garage
- Parking spaces
- 106
- Area
- 263 - Banning/Beaumont/Cherry Valley
- County
- Riverside
- Community features
- Biking, Curbs, Foothills, Golf, Hiking, Near National Forest, Park, Pool
- Status
- Active
- Property type
- Apartment
- Days on market
- 169
- Listed
- 2026-01-02
- Original price
- $12,850,000
- Terms
- Cash, Cash To New Loan
- Parcel #
- 419161001
- MLS #
- OC26002910
