About 703 Allegheny # 1-40
***$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
Features of 703 Allegheny # 1-40
| MLS® # | OC26002910 |
|---|---|
| Price | $11,995,000 |
| Bedrooms | 8 |
| Bathrooms | 9.00 |
| Lot Size | 106,722 |
| Year Built | 2009 |
| Type | Residential Income |
| Sub-Type | Apartment |
| Status | Active |
| # Of Units | 40 |
Community Information
| Address | 703 Allegheny # 1-40 |
|---|---|
| Area | 263 - Banning/Beaumont/Cherry Valley |
| Subdivision | Solera (SLRA) |
| City | Beaumont |
| County | Riverside |
| Zip Code | 92223 |
Amenities
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected |
|---|---|
| Parking Spaces | 106 |
| Parking | Driveway, Asphalt, Assigned, Direct Access, Garage |
| # of Garages | 96 |
| Garages | Driveway, Asphalt, Assigned, Direct Access, Garage |
| Is Waterfront | No |
| Has Pool | Yes |
| Pool | Community, Fenced |
Interior
| Interior | Laminate |
|---|---|
| Interior Features | Ceiling Fan(s), Quartz Counters, Balcony, Ceramic Counters, Granite Counters, High Ceilings, Stone Counters, Walk-In Closet(s), Walk-In Pantry, Wired for Data |
| Appliances | Dishwasher, Electric Range, Gas Range, Refrigerator, Water Heater, Dryer, Washer, Disposal, Electric Oven, High Efficiency Water Heater, Vented Exhaust Fan |
| Heating | Central |
| Cooling | Central Air |
| Has Basement | No |
| Fireplace | Yes |
| Fireplaces | Den, Dining Room, Family Room, Gas, Kitchen, Living Room, Outside, Primary Bedroom |
| # of Stories | 3 |
| Stories | Three Or More, Two |
Exterior
| Exterior | Copper Plumbing |
|---|---|
| Lot Description | SixteenToTwentyUnitsAcre |
| Windows | Blinds, Double Pane Windows |
| Construction | Copper Plumbing |
Additional Information
| Date Listed | January 2nd, 2026 |
|---|---|
| Days on Market | 241 |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Jonathan Mitchell |
|---|---|
| Office | Kidder Mathews of California, Inc |