Banning/Beaumont/Cherry Valley (263) Homes with Apartment Subtype

Welcome to the enchanting region of Banning, Beaumont, and Cherry Valley, nestled in the heart of Riverside County, California. This picturesque area is known for its stunning mountain views, vibrant community spirit, and a perfect blend of suburban tranquility and outdoor adventure. Whether you're drawn to the charming small-town atmosphere or the breathtaking natural landscapes, this region offers a unique lifestyle that caters to everyone.

Beaumont, a rapidly growing city, boasts a rich history and a welcoming community. Its charming downtown area features delightful shops, restaurants, and parks, making it an ideal place to raise a family or enjoy a peaceful retirement. Just a stone's throw away, Banning offers a wealth of recreational opportunities, including hiking trails, golf courses, and the stunning San Bernardino National Forest. Cherry Valley, with its serene rural charm, is perfect for those seeking a slower pace of life, surrounded by beautiful orchards and rolling hills.

For those considering a home in this lovely area, the availability of homes with apartment subtypes is a standout feature. These properties not only provide ample living space but also offer the flexibility of rental income or multi-generational living arrangements. Imagine having a cozy apartment on your property, perfect for guests or as a private retreat, all while enjoying the stunning views and warm climate that this region is known for.

With its combination of natural beauty, community spirit, and diverse housing options, Banning, Beaumont, and Cherry Valley is an exceptional place to call home. Come explore the possibilities in this charming corner of California!

Newest Banning/Beaumont/Cherry Valley (263) Homes with Apartment Subtype

$2,400,000

CV25214521 MLS ⋅ Active Status

Proud to present Magnolia Avenue Apartments, a well-maintained 12-unit multifamily investment opportunity located in the growing city of Beaumont, CA. The property consists of a desirable mix of one- and two-bedroom units, each designed for tenant comfort and long-term stability. On-site parking, spacious layouts, and convenient access to nearby retail, dining, and schools make Magnolia Avenue Apartments a sought-after rental option for local residents. Positioned in a high-growth Inland Empire submarket, the property benefits from Beaumont’s strong population growth, limited multifamily inventory, and consistently high tenant demand. Current rents remain below market, offering investors the opportunity to increase income through renovations and strategic management. Magnolia Avenue Apartments offers investors a rare opportunity to acquire a stable, cash-flowing property with significant upside potential in one of Southern California’s most dynamic rental markets.

677 Magnolia Avenue, Beaumont

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