4800 Palm Avenue

Riverside, CA 92501

  • 0 Bed(s)
  • 0 Bath(s)
  • 39,972 Sqft
  • 85378
    Sqft(Lot)
$19,500,000

Description

We are proud proud to exclusively present the woods senior living, a 55+ active adult apartment community located at 4800 n palm avenue in the city of riverside. this superbly designed and well-located community is being brought to the market at an opportune time as the senior population of adults aged 55+ in the united states is projected to significantly increase over the next ten years and beyond.

the woods senior living is ideally located within the city of riverside’s medical zone just west of downtown riverside on palm avenue between tequesquite avenue and beechwood place. it is within walking distance to riverside community hospital & emergency room, several urgent cares, doctors’ offices, and medical clinics. the property also offers scenic views of mount rubidoux and is directly across the street from ryan bonaminio park, providing tenants convenient access to greenbelt walkways and park amenities. the property is also within a 2-mile radius from the metrolink station, bus stations, supermarkets, financial institutions, shopping centers, and various restaurants.

the woods senior living is an excellently maintained, and meticulously thought out, two-story, 59-unit property that is tailored to the senior community. constructed in 2021, the property is one of a select few multifamily communities built in the inland empire over the last 5 years and is one of even fewer senior multifamily communities built during that time. it is a pride of ownership building situated on a lushly landscaped ±85,378 square foot lot, with a total building size of ±39,972 square feet. the woods senior living features controlled gated entry and parking, carport parking, security monitoring system, elevator access, sprinkler system, fully furnished and equipped community room & kitchen, fitness center, exterior water fountains, and outdoor courtyard with bbq grills. the property offers spacious one- and two-bedroom units with an average unit size of 677 square feet. every unit includes central air conditioning and heating, plank & carpet flooring, private patio/balcony, tankless water heater, quartz countertops, in unit washer/dryer, prewired for ceiling fans, and stainless-steel appliances including refrigerator, oven/stove, dishwasher, and microwave.

the woods senior living is a highly sought after income-producing property and a great long-term investment opportunity.

  • Property Type

    Residential Income

  • County

    Riverside

  • Style

    Residential Income

  • AD ID

    50327456

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Property Details

  • Water/Sewer

    • Water Source : Public
    • Sewer : Public Sewer

    Interior Features

    • Property Appliances: Dryer,Washer

    Cooling Features

    • Central Air
    • Air Conditioning

    Heating Source

    • Central
    • Has Heating

  • Building Information

    • Year Built: 2021
    • Building Area Total: 39,972

    Pool Features

    • None

  • Lot Details

    • Lot Dimensions Source: Vendor Enhanced
    • Lot Size Acres: 1.96
    • Lot Size Source: Assessor
    • Lot Size Square Feet: 85378

  • Listing Price Information

    • Original List Price: 19,500,000
    • Listing Contract Date: 2025-06-14

    Lease Information

    • Listing Agreement: Exclusive Right To Sell

  • Tax Information

    • Parcel Number: 217140039

  • Garage and Parking

    • Garage Description: Asphalt,Carport

    Homeowners Association

    Rental Info

    • Lease Term: Negotiable

  • Other Property Info

    • Source Listing Status: Active
    • Source Neighborhood: 252 - Riverside
    • Directions: Merge onto CA-91 W, Take exit 63 toward 14th St, Use the right lane to turn slightly left onto Mulberry St, Use the right 2 lanes to turn right onto 14th St, Turn left onto Palm Ave
    • Source Property Type: Residential Income
    • Area: 252 - Riverside
    • Property SubType: Apartment

    Building and Construction

    • Property Age: 4
    • Common Walls: 2+ Common Walls
    • Structure Type: Apartment
    • Year Built Source: Assessor
    • Entry Level: 1
    • Entry Location: 1
    • Property Attached: Yes
    • Levels or Stories: Two
    • Building Total Stories: 2
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BuyOwner last updated this listing 07/04/2025 @ 10:15

  • MLS: CV25148329
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: CRMLS

is a Home, with 0 bedrooms which is for sale, it has 39,972 sqft, 85,378 sized lot, and 0 parking. are nearby neighborhoods.