Riverside, CA 92501,4830 Palm AVE
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Riverside, CA 92501,4830 Palm AVE
Riverside, CA 92501,4830 Palm AVE
Riverside, CA 92501,4830 Palm AVE
Riverside, CA 92501,4830 Palm AVE
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$ 6,250,000
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Active Under Contract

4830 Palm AVE Riverside, CA 92501

0.5 Acres Lot


UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID PW25235462

HOA Y/N No

Year Built 1969

Lot Size 0.502 Acres

Property Sub-Type Apartment

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

Area 252 - Riverside

Interior

Heating None

Fireplace No

Laundry Common Area

Exterior

Carport Spaces 24

Pool None

Community Features Sidewalks

Total Parking Spaces 47

Private Pool No

Building

Lot Description Irregular Lot

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction No

Others

Senior Community No

Tax ID 217140035

Acceptable Financing Conventional

Listing Terms Conventional

Special Listing Condition Standard


CRMLS – RECore
Listed by Chris Keramati Triqor Group chris@triqorgroup.com
Nearby Locations
SCHOOLSPROPERTIES
Elementary Schools 20
  • 7

    Pachappa Elementary School

    Public | KG - 6

  • 7

    Riverside Virtual

    Public | KG - 12

  • 6

    Madison Elementary School

    Public | KG - 6

  • 6

    Magnolia Elementary School

    Public | KG - 6

  • 6

    Reach Leadership Academy

    Public | KG - 6

  • 5

    Peralta Elementary School

    Public | KG - 6

  • 5

    Rustic Lane Elementary School

    Public | KG - 6

  • 5

    Pacific Avenue Elementary School

    Public | KG - 6

  • 5

    Jefferson Elementary School

    Public | KG - 6

  • 5

    Mountain View Elementary School

    Public | KG - 6

  • 5

    Bryant Elementary School

    Public | KG - 6

  • 5

    Patricia Beatty Elementary School

    Public | KG - 6

  • 5

    Alcott Elementary School

    Public | KG - 6

  • 5

    Fremont Elementary School

    Public | KG - 6

  • 5

    Longfellow Elementary School

    Public | KG - 6

  • 5

    Emerson Elementary School

    Public | KG - 6

  • 4

    Adams Elementary School

    Public | KG - 6

  • 4

    Monroe Elementary School

    Public | KG - 6

  • 4

    Washington Elementary School

    Public | KG - 6

  • 4

    Victoria Elementary School

    Public | KG - 6

Middle Schools 6
  • 5

    Matthew Gage Middle School

    Public | 7 - 8

  • 4

    Sierra Middle School

    Public | 7 - 8

  • 1

    Mission Middle School

    Public | 7 - 8

  • 0

    Steps Community Day

    Public | 7 - 12

  • 0

    Riverside County Community

    Public | 7 - 12

  • 0

    Opportunity Program

    Public | 7 - 12

High Schools 12
  • 6

    Polytechnic High School

    Public | 9 - 12

  • 5

    Ramona High School

    Public | 9 - 12

  • 4

    Rubidoux High School

    Public | 9 - 12

  • 1

    Gateway College and Career Academy

    Public | 10 - 12

  • 1

    Come Back Kids

    Public | 9 - 12

  • 0

    Rio Vista High School

    Public | 9 - 12

  • 0

    Nueva Vista Continuation High School

    Public | 9 - 12

  • 0

    Notre Dame High School

    Private | 9 - 12

  • 0

    Gateway to College Early College High School

    Public | 9 - 12

  • 0

    Riverside County Regional Occupational Program

    Public | 9 - 12

  • 0

    Raincross High (Continuation)

    Public | 9 - 12

  • 0

    Abraham Lincoln Continuation

    Public | 9 - 12

School and business data provided by Attom Data.
Sam And Eliza Othman

Sam And Eliza Othman

Broker Associate | License ID: 00928035 - 00961200

+1(951) 333-5100

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4830 Palm AVE