4250 10th St - Apartments FOR SALE


Riverside, CA 92501- Downtown Riverside
$950,000 USD
626-427-0786
4250 10th St, Riverside, CA for Sale
$950,000 USD
Apartments - FOR SALE
1/7
null | 7.17% Cap Rate

4250 10th St
Riverside, CA 92501
Downtown Riverside


HIGHLIGHTS

  • Minutes to Downtown Riverside
  • 1(2Bed/1Bath) Townhouse, 1(2Bed/1Bath), 1(1Bed, 1Bath), & Studio Apartment
  • Tenants Enjoy Onsite Garage Parking
  • 10.75 GRM | 7.17% CAP Rate

OVERVIEW

Kristopher German of The Apartment Dealer is proud to announce just listed and minutes from Downtown Riverside, this well-maintained four-unit multifamily property offers investors immediate cash-flow with a strong **7.17% CAP Rate** and a **10.75 GRM**. The building features an ideal and versatile unit mix, including one 2-Bedroom/1-Bath two-story Townhouse, one 2-Bedroom/1-Bath flat, one 1-Bedroom/1-Bath unit, and a Studio apartment—providing a diverse range of rental options for prospective tenants. The property offers 2,210 square feet of rental space on a 7,840 square foot lot and is separately metered for electricity and gas, ensuring streamlined utility management. Tenants enjoy convenient amenities such as garage parking for each unit and access to an onsite laundry facility, enhancing tenant satisfaction and long-term retention. With its strong in-place income, solid unit mix, and highly desirable location near shops, restaurants, and transit in Downtown Riverside, this is a rare opportunity for both new and experienced investors seeking a stabilized asset with immediate returns and long-term upside. (Can be purchased with 4-Plex next door at 4228 10th St Riverside)

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$264 USD /SF

# OF UNITS

553

PRICE/UNIT

$1,718

CAP RATE

7.17%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CURRENT 10.75 GRM & 7.17% CAP Rate

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1941

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,840 SF

ZONING

R1065, Riverside

APN/PARCEL ID

215-071-004

ASK ABOUT THIS PROPERTY

Kristopher GermanThe Apartment DealerMore Info
626-427-0786

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Kristopher GermanThe Apartment DealerMore Info
626-427-0786

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.