Property Details
About this Property
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)
MLS Listing Information
MLS #
CRPW25235462
MLS Source
California Regional MLS
Days on Site
27
Interior Features
Heating
No Heating
Parking, School, and Other Information
Garage/Parking
Garage: 0 Car(s)
Unit Information
| # Buildings | # Leased Units | # Total Units |
|---|---|---|
| 1 | – | – |
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
4830 Palm Ave is a Residential Income in Riverside, CA 92501. This – square foot property sits on a 21,850 Sq Ft Lot and features – bedrooms & – full bathrooms. It is currently priced at $6,250,000 and was built in 1969. This address can also be written as 4830 Palm Ave, Riverside, CA 92501.
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This listing information is up-to-date as of October 08, 2025. For the most current information, please contact Chris Keramati, (949) 756-3232
