Back to search
No photo
4830 Palm Avenue Riverside, CA $ 6,250,000
Share Save
$ 6,250,000 Get more info
4830 Palm Avenue
$ 6,250,000
Back to search
Share Save

4830 Palm Avenue

Riverside, CA, 92501
$ 6,250,000
Baths1.0 Sq 67,518

Monthly Estimate*

$ 38,992

Listed by Triqor Group
​
View a Virtual Tour
Studio

Multi-Family Home for sale in Riverside, CA

for $6,250,000 with 1 full bath. This 67,518 square foot home was built in 1969 on a lot size of 0.5016.

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)

See more
Multi-Family Active

Price

$ 6,250,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.5016

Year Built

1969

Town/City

Riverside

County/Region

Riverside

MLS | Web ID

PW25235462

Days on Market

62
Features
General
Sewer Public Sewer
Heating None
Garage Spaces 0
Pool Features None
Year Built 1969
Stories Count 2
Levels Two
Property Subtype Apartment
Gross Income 538385
Community Features Sidewalks
County Riverside
Net Operating Income 343884
Operating Expense 194501
Insurance Expense 0
New Construction 0
Property Type Residential Income
Garage Y/N 0
Special Listing Conditions Standard
Status Active
Directions Driving North on Palm Ave. Property Will Be on Your Right After Passing Bandini Ave.
City Riverside
Senior Community Y/N 0
Open Parking Spaces 23
Number Of Units Total 24
MLS Area 252 - Riverside
Lot Size Units Square Feet
Lot Size Square Feet 21850
Carport Spaces 24
Carport Y/N 1
Listing Terms Conventional
Property Attached Y/N 1
Land Lease Y/N 0
Electric Expense 0
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N 0
Rent Control Y/N 0
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 179
Property Sub Type Additional Apartment
See more
Interior
Total Stories 2
Common Walls 2+ Common Walls
Heating Y/N 0
Laundry Features Common Area
Entry Level 1
See more
Exterior
Lot Features Irregular Lot
Water Source Public
Total Parking 47
Lot Size Area 21850
Number of Buildings 1
Building Area Total 67518
Lot Size Acres 0.5016
Private Pool 0
Lot Size Source Public Records
Number of Separate Water Meters 24
Number of Separate Gas Meters 1
Number of Separate Electric Meters 24
See more
* Excluded Features
List By
Triqor Group

Broker

chris@triqorgroup.com

Email

Affordability Calculator

$38,992
Per Month
100%
0%
0%
Monthly Principal & Interest
$38,992
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save

Discover how much house you can afford

Your dream home may be within reach.

Learn More about how to save

The time to sell is now
THE TIME TO SELL IS NOW! What's my home worth?
Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/20/2025$6,250,000 Listed Price

Map

More homes like this one

homes for you

See all
See all

4830 Palm Avenue, Riverside, CA, 92501 is a Multi-Family Home for sale at $6,250,000 with 67,518 sqft and a lot size of 0.5016. 4830 Palm Avenue is a studio with 1.0 baths and was built in 1969. The property's zip code is 92501 which is in Riverside, CA

Get more info