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Glen Henderson

[email protected] +1(619) 889-7646

$11,995,000

Est. payment - /mo

8 Beds

9 Baths

2.45 Acres Lot

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UPDATED:

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID OC26002910

Bedrooms 8

Lot Size 2.450 Acres

Property Sub-Type Res Income 2-4 Units

Type of Financing Cash

Property Type Res Income 2-4 Units

Property Description

***$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

Location

State CA

County Riverside

Zoning Public Rec

Direction One Mile North Of 10 FWY & Highland Springs Road

Interior

Cooling Central Forced Air

Fireplace No

Exterior

Pool Community/Common

View Y/N No

Building

Story 3

Level or Stories 3

Others

Senior Community No

Tax ID 419161001

Acceptable Financing Cash

Listing Terms Cash

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Listed by Jonathan Mitchell, DRE#01227852 Kidder Mathews of California, Inc

Nearby School & Business

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Glen Henderson

+1(619) 889-7646

Broker Associate | CA BRE #01384181

Broker Associate CA BRE #01384181

San Diego Communities

703 Allegheny Beaumont, CA 92223

Glen Henderson

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

Get More Information