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4830 Palm Ave
Riverside, CA 92501
Palm Vista · Multifamily Property For Sale · 24 Units

Investment Highlights

  • Almost All Large Two Bedroom/Two Bath and Three Bedroom Units with Central A/C
  • All Electric Units with Individual Electric Meters and Water Heaters
  • 2:1 Parking Ratio and Most Units Have Patios or Balconies
  • Excellent Riverside Location, Walking Distance to Downtown Riverside
  • Priced at $250/Sq. Ft. and Approximate 7% Cap on Market Rents

Property Facts

No. Units 24
Property Type Multifamily
Property Subtype Apartment
Apartment Style Low-Rise
Building Class C
Lot Size 1.55 AC
Building Size 21,850 SF
Average Occupancy 96%
No. Stories 2
Year Built/Renovated 1969/2007
Parking Ratio 2.15/1,000 SF
Zoning R-3 - Restricted Density Multiple Dwelling

Amenities

Unit Amenities

  • Balcony
  • Patio

Site Amenities

  • Courtyard

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 1 $1,525 500
1+1 5 $1,612 800
2+2 14 $1,881 925
3+2 4 $1,801 1,100

Property Taxes

Property Taxes

Parcel Number
217-140-035
Land Assessment
$1,731,890
Improvements Assessment
$3,574,839
Total Assessment
$5,306,729
  • Listing ID: 37133948

  • Date on Market: 8/5/2025

  • Last Updated:

  • Address: 4830 Palm Ave, Riverside, CA 92501

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