Property Details
About this Property
Now available, a well-maintained 4-unit multi-family property offering a solid investment opportunity in a desirable location. The unit mix includes two spacious single-level 2-Bedroom/1-Bath units and two 1-Bedroom/1-Bath units, totaling 2,600 square feet of rentable space on a 7,840 square foot lot. Each unit is separately metered for electricity and gas, while the owner pays for water and trash. The property features updated electrical systems and tenant-friendly amenities including garage parking and an onsite laundry facility, enhancing tenant convenience and retention. With a current **11.8 GRM** and **6.3% CAP rate**, this asset offers immediate cash flow and long-term upside for investors. The owner is in the process of updating the roof on the front structure. This property can be purchased together with the adjoining 4-unit property at **4250 10th Street**, offering a rare chance to acquire 8 total units side by side. This is an excellent opportunity for investors looking to expand their portfolio with a desirable asset in a strong rental market.
MLS Listing Information
MLS #
CRCV25104984
MLS Source
California Regional MLS
Days on Site
1
Interior Features
Kitchen
None
Cooling
Window/Wall Unit
Heating
No Heating
Exterior Features
Roof
Shingle
Pool
None
Parking, School, and Other Information
Garage/Parking
Assigned Spaces, Garage, Garage: 2 Car(s)
HOA Fee
$0
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 2 | 4 | 4 |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
4228 10th St is a Residential Income in Riverside, CA 92501. This – square foot property sits on a 7,840 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $995,000 and was built in 1936. This address can also be written as 4228 10th St, Riverside, CA 92501.
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This listing information is up-to-date as of May 12, 2025. For the most current information, please contact Kristopher German, (626) 427-0786
