4228 10th Street

Riverside, CA 92501

  • 0 Bed(s)
  • 0 Bath(s)
  • 2,600 Sqft
  • 7840
    Sqft(Lot)
$995,000

Description

Now available, a well-maintained 4-unit multi-family property offering a solid investment opportunity in a desirable location. the unit mix includes two spacious single-level 2-bedroom/1-bath units and two 1-bedroom/1-bath units, totaling 2,600 square feet of rentable space on a 7,840 square foot lot. each unit is separately metered for electricity and gas, while the owner pays for water and trash.



the property features updated electrical systems and tenant-friendly amenities including garage parking and an onsite laundry facility, enhancing tenant convenience and retention. with a current **11.8 grm** and **6.3% cap rate**, this asset offers immediate cash flow and long-term upside for investors. the owner is in the process of updating the roof on the front structure. this property can be purchased together with the adjoining 4-unit property at **4250 10th street**, offering a rare chance to acquire 8 total units side by side. this is an excellent opportunity for investors looking to expand their portfolio with a desirable asset in a strong rental market.

  • Property Type

    Residential Income

  • County

    Riverside

  • Style

    Residential Income

  • AD ID

    49707267

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Roof : Shingle
    • Fireplace: None

    Cooling Features

    • Wall/Window Unit(s)
    • Air Conditioning

    Heating Source

    • None
    • Has Heating

    Fireplace

    • Fireplace Features: None
    • Has Fireplace: 0

  • Building Information

    • Year Built: 1936
    • Building Area Total: 2,600
    • Roof: Shingle

    Pool Features

    • None

    Laundry Features

    • Common Area

    Fencing

    • Chain Link

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.18
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 7840

  • Listing Price Information

    • Original List Price: 995,000
    • Listing Contract Date: 2025-05-12

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 215071005

  • Garage and Parking

    • Garage Description: Assigned,Garage

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable
    • Tenant Pays: Electricity,Gas

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 252 - Riverside
    • Postal Code Plus 4: 3112
    • Directions: Just South of Mission Inn Avenue. West of Market Street
    • Zoning: R1065
    • Source Property Type: Residential Income
    • Area: 252 - Riverside
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 89
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: One
    • Building Total Stories: 1
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BuyOwner last updated this listing 05/15/2025 @ 22:03

  • MLS: CV25104984
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 2,600 sqft, 7,840 sized lot, and 2 parking. are nearby neighborhoods.