Description
We are pleased to present 4562 orange street, an 8-unit multifamily property located near downtown riverside. just one block from magnolia avenue and 14th street, this well-maintained asset offers historic charm, excellent curb appeal, and strong tenant appeal in one of riverside's most walkable and in-demand neighborhoods. situated on a 13,504 sq. ft. lot, the property features a single structure with a secured main entry. the layout includes four studio units in the front and four one-bedroom units in the rear. the front units offer private entrances and hallway access, while a grassy front yard and ample on-site parking provide added comfort and convenience for residents. the property also features a newer roof, providing added durability and reducing maintenance needs. currently operating at a 5.65% cap rate and 11.76 grm, the property delivers stable in-place income with room for modest rent growth. the unit mix and location appeal to students, professionals, and long-term tenants looking for well-located, quality housing. walking distance to riverside city college and less than 10 minutes from uc riverside, the property also benefits from proximity to key employment centers, retail, and cultural landmarks such as the mission inn hotel & spa, cheech marin center, mount rubidoux park, and california citrus state historic park. easy access to the 91 and 215 freeways enhances tenant mobility and supports long-term rental demand. 4562 orange street presents a strong opportunity for investors seeking a clean, income-generating asset in one of riverside's most established submarkets.
Property Type
Residential IncomeCounty
RiversideStyle
Residential IncomeAD ID
49672854
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Property Details
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Interior Features
Bedroom Information
- Total Bedrooms : 0
Bathroom Information
- Total Baths: 0
- Full Baths: 0
- Half Baths: 0
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Exterior Features
Building Information
- Year Built: 1926
- Building Area Total: 3,944
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Property / Lot Details
Lot Details
- Lot Dimensions Source: Vendor Enhanced
- Lot Size Acres: 0.31
- Lot Size Source: Vendor Enhanced
- Lot Size Square Feet: 13504
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Listing Information
Listing Price Information
- Original List Price: 1,795,000
- Listing Contract Date: 2025-04-30
Lease Information
- Listing Agreement: Seller Reserved
-
Taxes / Assessments
Tax Information
- Parcel Number: 219033004
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Virtual Tour, Parking, Multi-Unit Information & Homeowners Association
Garage and Parking
Homeowners Association
Rental Info
- Lease Term: Negotiable
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School, Utilities & Location Details
Other Property Info
- Source Listing Status: Active
- Source Neighborhood: 252 - Riverside
- Postal Code Plus 4: 4159
- Directions: To reach 4562 Orange St, Riverside from the I-15 and I-10 freeway junction, take I-10 E toward San Bernardino. Merge onto I-215 S, then take the Mission Inn Ave exit. Head east on Mission Inn Ave, then turn right onto Orange St. Continue south; the destination will be on your left.
- Zoning: R3
- Source Property Type: Residential Income
- Area: 252 - Riverside
Building and Construction
- Property Age: 99
- Year Built Source: Vendor Enhanced
- Total Square Feet Living: 3944
- Levels or Stories: Two
- Building Total Stories: 2
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BuyOwner last updated this listing 05/23/2025 @ 02:58
- MLS: 25532143
- LISTING PROVIDED COURTESY OF: ,
- SOURCE: CRMLS
is a Home, with 0 bedrooms which is for sale, it has 3,944 sqft, 13,504 sized lot, and 0 parking. are nearby neighborhoods.