4830 Palm Avenue, Riverside, CA 92501
Local realty services provided by:ERA North Orange County Real Estate
4830 Palm Avenue,Riverside, CA 92501
$6,250,000
- 6 Beds
- 6 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: chris keramati
Office: triqor group
MLS#:PW25235462
Source:San Diego MLS via CRMLS
Price summary
- Price:$6,250,000
About this home
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)
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Home facts
- Listing ID #:PW25235462
- Added:71 day(s) ago
- Updated:December 19, 2025 at 03:13 PM
Rooms and interior
- Bedrooms:6
- Total bathrooms:6
Finances and disclosures
- Price:$6,250,000
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