4228 10th Street
Riverside, CA 92501
- 6 beds
- – baths
- 2,600 sqft
- 7,840 sqft lot
- $382 per sqft
- 1936 build
- – on site
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.
Last checked:
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Last updated May 13, 2025
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MLS# CRCV25104984 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1936
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Building Area Units:Square Feet
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Building Area Total:2600
Room Dimensions
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Living Area:2600
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Living Area Units:Square Feet
Location
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Directions:Just South of Mission Inn Avenue. West of Market S
The Property
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Property Type:Residential Income
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Property Subtype:OTHER
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Exterior Features:Other
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Parcel Number:215071005
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Zoning:R106
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Lot Size Area:0.18
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Lot Size Acres:0.18
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Lot Size SqFt:7840
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Lot Size Units:Acres
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View:None
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View:false
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Fencing:Chain Link
Listing Agent
- Contact info:
- Agent phone:
- (626) 427-0786
Taxes
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Tax Tract:302.00
Beds
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Bedrooms Total:6
The Listing
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Listing Terms:Other
Heating & Cooling
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Heating:None
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Heating:false
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Cooling:Wall/Window Unit(s)
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Cooling:true
Appliances
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Laundry Features:Common Area
The Community
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Association:false
Parking
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Garage:false
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Attached Garage:false
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Carport:false
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Parking Total:2
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Parking Features:Assigned
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
5/12/25
May 12, 2025
|
Listed / Active | BRIDGE | $995,000 | -2.5% (-0.8% / YR) |
|
6/17/22
Jun 17, 2022
|
CRMLS_CA | $1,020,112 | -7.3% | |
|
5/26/22
May 26, 2022
|
CRMLS_CA | $1,100,000 |
