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703 Allegheny
For Sale $12,850,000
$12,850,000
- Unknown Bedrooms
- Unknown Bathrooms
- Unknown Sq Ft
- 106,722 Sq Ft
Description
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
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $12,850,000 |
| Property Type | Condo/Co-Op |
| Usable Sqft | Unknown |
| Number of Stories | 3 stories |
| Parking Spots | 96 spots |
| Year Built | 2009 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| HOA Fees: | $0 |
| Association Name: | Unknown |
| Association Amenities: | Unknown |
| APN # | 419161001 |
| MLS # | OC26002910 |
| Property ID | 322485874 |
| Lot Sqft | 106,722 |
| Zoning | Unknown |
| Total Units | 40 |
| Days on Market | 13 |
| Original List Price | $12,850,000 |
| Applicances | Dishwasher,Electric Oven,Electric Range,Disposal,Gas Range,High Efficiency Water Heater,Refrigerator,Vented Exhaust Fan,Water Heater,Dryer,Washer% |
| Date Updated | January 07, 2026 |
| Date Created | January 02, 2026 |
| Unit # | Beds | Baths | Current Rent | Proforma Rent |
| Unit #1 | $87,895 | $0 |
| Net Income (Yr) | $ 645,484 |
| Cap Rate | 5.02% |
Listing Provided By
Jonathan Mitchell an agent of . Lic #01227852
© 2026 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of January 07, 2026 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
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Robert Crawford
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