CA > Riverside
Riverside, CA 92501,4830 Palm Avenue
Riverside, CA 92501,4830 Palm Avenue
Riverside, CA 92501,4830 Palm Avenue
Riverside, CA 92501,4830 Palm Avenue
Riverside, CA 92501,4830 Palm Avenue
Riverside, CA 92501,4830 Palm Avenue
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Gloria Shepard

Gloria Shepard

+1(619) 889-8498
$ 6,250,000
Est. payment | /mo

6 Beds

0.5 Acres Lot

Save
$ 6,250,000
Est. payment | /mo
Save

6 Beds

0.5 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active

Purchase Type For Sale

MLS Listing ID PW25235462

Bedrooms 6

Lot Size 0.502 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

We are pleased to present the Palm Vista Apartments, a 24-unit multifamily property situated on over half an acre in Riverside, CA. The community consists primarily of spacious two- and three-bedroom units arranged around a landscaped outdoor courtyard. Located directly across from Ryan Bonaminio Sports Park and adjacent to the Historic Woods District, the property offers residents a quiet yet well-connected living experience. Units feature central A/C, electric cooking, individual electric meters and water heaters, with most units offering large patios or balconies. Common area amenities include a laundry facility, covered parking with secure storage, and a barbecue and picnic area. Additionally, the property provides a 2:1 parking ratio with 24 covered parking with storage and 23 open parking spaces. With a cap rate of 6.6% on market rents, Palm Vista Apartments presents a compelling, income-producing investment opportunity. (The Studio is Non-Conforming. Buyer to Verify Unit Mix)

Location

State CA

County Riverside

Zoning Public Rec

Direction Driving North on Palm Ave., Property Will Be on Your Right After Passing Bandini Ave.

Interior

Fireplace No

Exterior

View Y/N No

Building

Story 2

Level or Stories 2

Others

Tax ID 217140035

MLS Router / San Diego MLS
Listed by Chris Keramati Triqor Group

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Gloria Shepard

Gloria Shepard

CA DRE #01040966

+1(619) 889-8498

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4830 Palm Avenue

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