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4830 Palm Avenue, Riverside, CA 92501

Local realty services provided by:CENTURY 21 Masters
4830 Palm Avenue,Riverside, CA 92501
$6,250,000
  • - Beds
  • - Baths
  • 67,518 sq. ft.
  • Multi-family
  • Active
Listed by: chris keramati
Office: triqor group
MLS#:PW25235462
Source:CRMLS

Price summary

  • Price:$6,250,000
  • Price per sq. ft.:$92.57

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

  • Year built:1969
  • Listing ID #:PW25235462
  • Added:108 day(s) ago
  • Updated:January 25, 2026 at 11:31 AM

Rooms and interior

  • Living area:67,518 sq. ft.

Structure and exterior

  • Year built:1969
  • Building area:67,518 sq. ft.
  • Lot area:0.5 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$6,250,000
  • Price per sq. ft.:$92.57
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