1480 7th Street, Riverside, CA 92507

Riverside
Local realty services provided by:ERA Excel Realty
1480 7th Street,Riverside, CA 92507
$5,500,000
  • - Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Sold
Listed by: jonathan mitchell
Office: kidder mathews of california, inc949-557-5000
MLS#:OC26008212
Source:CRMLS

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Price summary

  • Price:$5,500,000

About this home

$400,000 Price Reduction. Built in 1977, The Normandy Apartments consist of approximately 22,798 of rentable square feet and is in good condition since the current ownership has made several recent signi?cant renovations to the interiors & exteriors. The balanced unit mix consists of 3 bedroom, 2 bedroom, and 1 bedroom units. The property is situated on approximately 0.82 acres of land that include tuck under parking, open on-site parking in addition to the street parking. The property is also separately metered for gas and electric with a community laundry rooms & sparkling pool. Select units have been tastefully remodeled with new ?ooring, windows, cabinets, stove, microwave, countertops, sink, toilet, vanity, shower, AC, recessed lighting, and ceiling fans throughout. Most of the “heavy lifting” is complete and should appeal to an investor looking for a turnkey asset surrounded by tremendous job opportunity and 10% realistic rental upside.

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Home facts

  • Year built:1971
  • Listing ID #:OC26008212
  • Added:212 day(s) ago
  • Updated:August 14, 2026 at 06:38 AM

Structure and exterior

  • Year built:1971
  • Levels:2 Story

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$5,500,000

Features and amenities

  • Pool features:Community

Parking

  • Total parking spaces:50
  • Parking description:Assigned
  • Garage:Yes
  • Garage spaces:25
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