4830 Palm Avenue, Riverside, CA 92501

Local realty services provided by:Better Homes and Gardens Real Estate Napolitano & Associates
4830 Palm Avenue,Riverside, CA 92501
$6,250,000
  • 6 Beds
  • 6 Baths
  • - sq. ft.
  • Multi-family
  • Active
Listed by:chris keramati
Office:triqor group
MLS#:PW25235462
Source:San Diego MLS via CRMLS

Price summary

  • Price:$6,250,000

About this home

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)

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Home facts

  • Listing ID #:PW25235462
  • Added:2 day(s) ago
  • Updated:October 11, 2025 at 02:11 PM

Rooms and interior

  • Bedrooms:6
  • Total bathrooms:6

Finances and disclosures

  • Price:$6,250,000
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