4830 Palm Ave

Riverside, CA 92501
  • $6,250,000

    Price
  • 6

    Bed
  • 6

    Bath
  • 67,518

    SqFt

About the Listing PB7936 - PKERACHR

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)

Listing Highlights for 4830 Palm Ave

Status Active
Days on Site 17
Property Type Multi-Family
MLS ® PW25235462
Year Built 1969
Total Square Footage 67,518
Lot/Acreage 0.5

Interior Details

  • Bedrooms: 6
  • Bathrooms: 6 Full
  • Appliances:
  • Air Cond:
  • Heating:
  • Fireplaces:
  • Floor:
  • Above Ground Sq Ft:
  • Below Ground Sq Ft: n/a
  • Basement:
  • Other:
  • Water: Public

Exterior Details

  • Lot Description: Irregular Lot,No Land Lease
  • Garage Capacity: N/A
  • Parking Spaces: 47
  • Roof:
  • Others: 2+ Total Units
  • Sewer: Public Sewer

Financial Details

  • Tax Amount: N/A
  • Taxes w/Assessments: N/A
  • Tax/Property ID: 217140035
  • Tax Year: N/A

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Questions About..

4830 Palm Ave Riverside, CA 92501

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Originating MLS: CA_CRISNET

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