4581 Main Street

Riverside, CA 92501

  • 0 Bed(s)
  • 0 Bath(s)
  • 9,200 Sqft
  • 34412
    Sqft(Lot)
$3,645,000

Description

We are pleased to present 4545-4581 main street, a 14-unit multifamily investment opportunity located near downtown riverside. just off magnolia avenue and 14th street, the property spans three contiguous parcels totaling 34,412 square feet and consists of five separate buildings, including a standalone 3-bed/2-bath home, three duplexes, and one 7-unit structure. nearly all units are single-story, offering tenants a comfortable, residential feel in a walkable, well-connected location. the unit mix includes one 3-bed/2-bath home, six 2-bed/1-bath units, six 1-bed/1-bath units, and one studio. tenants benefit from mini-split a/c systems, 22 on-site parking spaces, on-site laundry, and newer roofs key features that support tenant satisfaction and long-term stability. additional stand-alone garages offer rental income potential as storage units, along with two owner's rooms that may be convertible to garages or adus (buyer to verify feasibility). the asset is currently operating at a 6.06% cap rate and 11.31 gim, with in-place income and modest upside through future rent increases. located steps from riverside city college and minutes from uc riverside, the property is surrounded by retail, employment centers, and riverside's most notable attractions including the mission inn hotel, cheech marin center, and mount rubidoux park. with strong fundamentals and a desirable unit mix, this offering presents a rare opportunity for investors seeking stable cash flow in one of the city's most proven rental markets.

  • Property Type

    Residential Income

  • County

    Riverside

  • Style

    Residential Income

  • AD ID

    49569778

Sell a home like this and save $218,201 Find Out How

Statistics Bottom Ads 1
Google Ads

Property Details

  • Bedroom Information

    • Total Bedrooms : 0

    Bathroom Information

    • Total Baths: 0
    • Full Baths: 0
    • Half Baths: 0

  • Building Information

    • Year Built: 1950
    • Building Area Total: 9,200

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 0.79
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 34412

  • Listing Price Information

    • Original List Price: 3,645,000
    • Listing Contract Date: 2025-04-30

    Lease Information

    • Listing Agreement: Seller Reserved

  • Tax Information

    • Parcel Number: 219031006

  • Garage and Parking

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 252 - Riverside
    • Postal Code Plus 4: 4109
    • Directions: To reach 4545-4581 Main 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 left onto Main St. Continue north; the destination will be on your right.
    • Zoning: R3
    • Source Property Type: Residential Income
    • Area: 252 - Riverside

    Building and Construction

    • Property Age: 75
    • Year Built Source: Assessor
    • Total Square Feet Living: 9200
    • Levels or Stories: Two
    • Building Total Stories: 2
Statistics Bottom Ads 2
Google Ads
Sidebar Ads 1
Google Sidebar Ads
Learn More about this Property
Sidebar Ads 2
Google Sidebar Ads
Sidebar Ads 2
Google Sidebar Ads

Copyright © 2025 by the Multiple Listing Service of the California Regional MLS®. This information is believed to be accurate but is not guaranteed. Subject to verification by all parties. This data is copyrighted and may not be transmitted, retransmitted, copied, framed, repurposed, or altered in any way for any other site, individual and/or purpose without the express written permission of the Multiple Listing Service of the California Regional MLS®. Information Deemed Reliable But Not Guaranteed. Any use of search facilities of data on this site, other than by a consumer looking to purchase real estate, is prohibited.

BuyOwner last updated this listing 05/05/2025 @ 04:50

  • MLS: 25532145
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 9,200 sqft, 34,412 sized lot, and 0 parking. are nearby neighborhoods.