4250 10th Street
Riverside, CA 92501
- – beds
- – baths
- – sqft
- 7,840 sqft lot
- 1941 build
- – on site
Just listed and ideally located just minutes from Downtown Riverside, this well-maintained four-unit multifamily property offers investors immediate cash-flow with a strong **7.17% CAP Rate** and a **10.75 GRM**. The building features an ideal and versatile unit mix, including one 2-Bedroom/1-Bath two-story Townhouse, one 2-Bedroom/1-Bath flat, one 1-Bedroom/1-Bath unit, and a Studio apartment—providing a diverse range of rental options for prospective tenants. The property offers 2,210 square feet of rental space on a 7,840 square foot lot and is separately metered for electricity and gas, ensuring streamlined utility management. Tenants enjoy convenient amenities such as garage parking for each unit and access to an onsite laundry facility, enhancing tenant satisfaction and long-term retention. With its strong in-place income, solid unit mix, and highly desirable location near shops, restaurants, and transit in Downtown Riverside, this is a rare opportunity for both new and experienced investors seeking a stabilized asset with immediate returns and long-term upside. (Can be purchased with 4-Plex next door at 4228 10th St Riverside)
Last checked:
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Last updated May 9, 2025
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MLS# CV25102575 —
This property is listed in more than one place. See it here.
The Building
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Year Built:1941
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:2210.00
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Building Area Units:Square Feet
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Total Number Of Units:4
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# of Buildings:2
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Roof:Shingle
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Stories Total:2
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Entry Level:1
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Common Walls:1 Common Wall
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# of Separate Gas Meters:4
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# of Separate Water Meters:1
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# of Separate Electric Meters:4
Interior
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Levels:Two
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Entry Location:1
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Fireplace:No
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Fireplace:None
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Laundry:Common Area
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Laundry:1
Location
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Directions:Just South of Mission Inn Ave. West of Market St.
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Latitude:33.98266500
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Longitude:-117.38235300
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Zoning:R1065
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Lot Features:0-1 Unit/Acre
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Lot Size Area:7840.0000
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Lot Size Acres:0.1800
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Lot Size SqFt:7840.00
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Lot Size Source:Assessor
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View:None
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Fencing:Brick
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Fence:Yes
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Road Frontage:Access Road
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Road Surface Type:Paved
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Property Attached:1
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Additional Parcels:No
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Land Lease:No
Listing Agent
- Contact info:
- No listing contact info available
Taxes
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Tax Block:10
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Tax Census Tract:302.00
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Tax Tract:004
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Tax Lot:071
The Listing
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Special Listing Conditions:Standard
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Parcel Number:215071004
Heating & Cooling
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Cooling:Yes
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Cooling:Wall/Window Unit(s)
Utilities
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Utilities:Electricity Available, Natural Gas Available, Sewer Available, Water Available
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Sidewalks, Street Lights
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Association:No
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Pool:None
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Senior Community:No
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Private Pool:No
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Spa Features:None
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Assessments:No
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Assessments:None
Parking
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Parking:Yes
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Parking:Assigned
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Parking Spaces:4.00
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Garage Spaces:4.00
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 |
---|---|---|---|---|
5/9/25
May 9, 2025
|
Listed / Active | CRMLS_CA | $950,000 | -6.9% (-2.4% / YR) |
6/17/22
Jun 17, 2022
|
CRMLS_CA | $1,020,112 | -2.8% | |
5/26/22
May 26, 2022
|
CRMLS_CA | $1,050,000 |