4830 Palm AVE, Riverside, CA 92501
- $5,645,000
Listed by Chris Keramati, 949-756-3232 from Triqor Group
(If provided) CoList: from
Sold listing courtesy of Chris Keramati from
- Sold Price
- $5,645,000
- List Price
- $6,250,000
- Closing Date
- Feb 13, 2026
- MLS#
- CRPW25235462
- Status
- SOLD
- Lot Size
- 21,850
- Listing Area
- 252 - Riverside
- Year Built
- 1969
Property Description
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)
Additional Information
- Age
- 57
- Heating System
- No Heating
- Laundry Facilities
- Laundry Area
- Lot Description
- Irregular
- Lot Size
- 21,850
- Neighborhood
- 252 - Riverside
- Pool Description
- None
- Unincorporated Yn
- Yes
Mortgage Calculator
The data relating to real estate for sale on this display comes in part from the Internet Data Exchange program of the MLSListingsTM MLS system. Real estate listings held by brokerage firms other than JABEZ REALTY are marked with the Internet Data Exchange and detailed information about them includes the names of the listing brokers and listing agents.
Based on information from MLSListings MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Copyright 2026 MLSListings Inc. All rights reserved