$11,995,000
-$855,000703 Allegheny 1-40, Beaumont CA 92223
Multi-Family (40 Units)
Property type
150 days
On market
$187
Price per sqft
96 cars
Garage
2009
Year built
106,722 sqft
Lot size
Home highlights
Open Houses
Overview
***$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...
Listing provided by: Jonathan Mitchell DRE #01227852, Kidder Mathews of California, Inc
Listing updated: Feb 12, 2026 at 07:44pm.
Last checked: Jun 5, 2026 at 08:31pm
Source: CRMLS #OC26002910
Multi-family Analysis
Unit Information
| Units | Beds | Baths | Garage | Actual Rent | Total Rent | Pro Forma | Furnished? |
|---|---|---|---|---|---|---|---|
| 11 | 3 | 3 | — | $2,292 | $25,212 | $2,395 | Unfurnished |
| 13 | 3 | 3 | — | $2,136 | $27,768 | $2,295 | Unfurnished |
| 16 | 2 | 3 | — | $2,210 | $35,360 | $2,395 | Unfurnished |
# of Buildings: 4
# of Units Total: 40
Separate Electric Meters: 40
Separate Gas Meters: 40
Separate Water Meters: 40
Dishwasher: 40
Disposal: 40
Ranges: 40
Refrigerator: 40
Rent Control: No
Units Leased: 40
Total Actual Rent: $88,340
Tenant Pays: Cable Tv, Electricity, Gas
Financial Snapshot
Gross Rent Multiplier
11.3x
List Price / Annual Gross Rent
Cap Rate
5.7%
NOI / List Price
Gross Scheduled Income: $1,061,820
Vacancy Allowance: $31,855
Vacancy Allowance Rate: 3%
Operating Expense: $389,050
Net Operating Income: $681,525
Annual Operating Expenses
Electric: $7,242
Gardener: $3,000
Insurance: $43,792
Maintenance: $47,794
New Taxes: $133,989
Pool: $2,400
Professional Management: $72,875
Trash: $1,927
Water / Sewer: $1,926
Other Expense: $65,632
Interior
Interior Features: Balcony, Ceiling Fans, Ceramic Counters, Granite Counters, High Ceilings, Quartz Counters, Stone Counters, Wired For Data, Walk-in Pantry, Walk-in Closets
Room Type: Kitchen, Laundry, Living Room, Other, Pantry
Flooring: Laminate
Cooling: Central Air
Heating: Central
Appliances: Dishwasher, Electric Oven, Electric Range, Disposal, Gas Range, High Efficiency Water Heater, Refrigerator, Vented Exhaust Fan, Water Heater, Dryer, Washer
Fireplace: Den, Dining Room, Family Room, Gas, Kitchen, Living Room, Primary Bedroom, Outside
Laundry: Washer Hookup, Electric Dryer Hookup, Gas Dryer Hookup, Inside, Stacked, Dryer Included, Washer Included
Entry Location: Street
Exterior
Property Attached: Yes
Stories Total: 3
Levels: Two, Three Or More
Window Features: Blinds, Double Pane Windows
Construction Materials: Copper Plumbing
Common Walls: Two Common Walls Or More
Security Features: Fire Sprinkler System, Resident Manager, Smoke Detectors, Security Guard
Lot Features: Sixteen To Twenty Units Acre
Pool: Community, Fenced
Spa: Community, In Ground
Water Source: Public
Sewer: Public Sewer
Utilities: Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected
Road Frontage Type: City Street
Garage and Parking
Parking: Assigned, Asphalt, Direct Access, Driveway, Garage
Garage Spaces: 96
Uncovered Spaces: 10
Parking Total: 106
Lot Information
Land Lease: No
Common Interest: Condominium
Parcel #: 419161001
Additional Parcels: Yes
Tax Lot: 1
Subdivision: Solera (SLRA)
Community
HOA: No
HOA Fee: $0
Senior Community: No
Community Features: Biking, Curbs, Foothills, Golf, Hiking, Near National Forest, Park, Pool
Nearby Schools
Nearby schools around the 703 Allegheny 1-40, Beaumont, CA 92223. Contact the school or district directly to verify enrollment eligibility.
Payment Calculator
Total Principal
$9,596,000
Total Interest
$12,239,169
Total Payment
$21,835,169
Payoff Date
Jun 2056
PMI is disabled automatically when your down payment is 20% or more.
Est. Payment
$73,298
per month
Property History for 703 Allegheny 1-40
Beaumont Market Snapshot
Market stats compare this property with recent MLS activity for similar property types in 92223.
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