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***$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
Property Type(s):
Residential Income
| Last Updated | 2/12/2026 | Tract | Solera (SLRA) |
|---|---|---|---|
| Year Built | 2009 | Community | 263 - Banning/Beaumont/Cherry Valley |
| Garage Spaces | 96.0 | County | Riverside |
Price History
| Prior to Feb 12, '26 | $12,850,000 |
|---|---|
| Feb 12, '26 - Today | $11,995,000 |
Additional Details
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Dishwasher, Disposal, Dryer, Electric Oven, Electric Range, Gas Range, Refrigerator, Vented Exhaust Fan, Washer, Washer/Dryer Stacked, Water Heater |
| AREA | 263 - Banning/Beaumont/Cherry Valley |
| EXTERIOR | Balcony |
| FIREPLACE | Yes |
| GARAGE | Yes |
| HEAT | Central |
| INTERIOR | Ceiling Fan(s), Granite Counters, High Ceilings, Pantry, Stone Counters, Walk-In Closet(s), Wired for Data |
| LOT | 2.45 acre(s) |
| LOT DIMENSIONS | 2.45 |
| PARKING | Assigned, Asphalt, Direct Access, Driveway, Garage |
| POOL DESCRIPTION | Community, Fenced |
| SEWER | Public Sewer |
| STORIES | Two, Three Or More |
| SUBDIVISION | Solera (SLRA) |
| UTILITIES | Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected |
| WATER | Public |
Location
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Listed with Kidder Mathews of California, Inc
The information being provided by Conejo Simi Moorpark Association of REALTORS® (“CSMAR”) is for the visitor's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. Any information relating to a property referenced on this web site comes from the Internet Data Exchange (“IDX”) program of CSMAR. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. Any information relating to a property, regardless of source, including but not limited to square footages and lot sizes, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CSMAR and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
This IDX solution is (c) Diverse Solutions 2026.
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