CBRE is pleased to exclusively present an exceptional new construction multifamily investment opportunity — a seven-duplex, 14-unit portfolio in the La Sierra Acres area of Riverside, California, offering immediate passive income and long-term wealth creation in one of the Inland Empire's most dynamic submarkets. Located at 5832-5834 Norwood Avenue, 5816-5853 Persepolis Court and 10663-10665 Alborz Court, this portfolio is ideally situated near Kaiser Permanente Riverside Medical Center, La Sierra University, and the Galleria at Tyler, placing residents within minutes of the region's most prominent healthcare, education, and retail destinations with direct connectivity via the 91, 60, 15, and I-215 Freeways. The portfolio is currently generating a 5.48% cap rate, with a pro forma cap rate of 5.69% and additional upside remaining to be captured as all units stabilize at market rents. Property Highlights The 14-Unit Portfolio spans seven lots individually parceled totaling a combined ±77,102 square feet with a total rentable area of ±25,280 square feet. Built in 2024 and 2026, each two-story townhome-style duplex delivers large, well-appointed residences averaging 1,863 square feet. The portfolio offers a diverse unit mix of four 3-bedroom/2.5-bathroom homes at 1,603 square feet, eight 4-bedroom/2.5-bathroom homes at 1,950 square feet, and two 5-bedroom/3-bathroom units at 2,034 square feet. Every residence features an open-concept layout with high ceilings and abundant natural light, a designer kitchen with a center island, quartz countertops, custom self-closing cabinetry, and stainless steel appliances including electric range, oven, dishwasher, microwave, and refrigerator. Additional interior features include luxury vinyl flooring throughout, recessed lighting, ceiling fans, a walk-in pantry, walk-in closets, and dual vanities in the primary bathroom suite. Each home includes a dedicated upper-level laundry room with washer and dryer, central air conditioning and heating, and solar energy systems to offset monthly utility costs. Exterior features include attached two-car garages, private front and rear yards with patios, and drought-resistant decomposed granite landscaping maintained to a high standard across all three sites. Thriving Economy & Top Employers Situated in southwest Riverside's established La Sierra Acres neighborhood, the portfolio offers suburban tranquility alongside exceptional regional connectivity. Surrounding retail and lifestyle amenities, anchored by the Galleria at Tyler and nearby Castle Park, directly enhance resident quality of life, while the La Sierra Metrolink Station (3.7 miles) provides direct transit to LA Union Station. As the Inland Empire's civic anchor, Riverside benefits from major regional employers, including Kaiser Permanente, Riverside Community Hospital, UC Riverside, and Collins Aerospace. Local educational institutions and healthcare hubs fuel robust rental demand from diverse professionals, supported by an average household income of $111,189 and a tight 4.3% multifamily vacancy rate, reinforcing long-term market stability. Stabilized Investment Opportunity This 14-Unit Portfolio is a stable, income-producing asset in one of Southwest Riverside's most supply-constrained neighborhoods, offering investors a brand-new, non-rent-controlled product in a market where comparable quality is nearly nonexistent. Each duplex is individually parceled, providing investors with multiple exit strategies including the flexibility to sell assets independently over time. Whether you are a first-time investor seeking a turnkey entry into the Inland Empire multifamily market, a seasoned investor looking to add institutional-quality new construction to your portfolio, or pursuing a 1031 Exchange, this portfolio offers immediate cash flow, generational wealth potential, and the long-term stability of a purpose-built, modern asset.