- – beds
- – baths
- – sqft
- ~2 acre lot
- 2021 build
- – on site
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.
Last checked:
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Last updated Jul 2, 2025
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MLS# CV25148329 —
The Building
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Year Built:2021
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Year Built Source:Assessor
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New Construction:No
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Building Area Total:39972.00
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Building Area Units:Square Feet
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Total Number Of Units:59
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# of Buildings:1
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Stories Total:2
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Entry Level:1
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Common Walls:2+ Common Walls
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# of Separate Gas Meters:59
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# of Separate Water Meters:1
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# of Separate Electric Meters:59
Interior
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Levels:Two
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Entry Location:1
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Laundry:Dryer Included, Washer Included
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Laundry:1
Location
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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
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Latitude:33.97516000
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Longitude:-117.39131500
The Property
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Property Type:Residential Income
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Subtype:Apartment
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Lot Features:Lot Over 40000 Sqft
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Lot Size Area:85378.0000
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Lot Size Acres:1.9600
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Lot Size SqFt:85378.00
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Lot Size Source:Assessor
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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 Census Tract:307.00
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Tax Tract:030200
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Tax Lot:1
The Listing
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Special Listing Conditions:Standard
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Parcel Number:217140039
Heating & Cooling
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Heating:1
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Heating:Central
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Cooling:Yes
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Cooling:Central Air
Utilities
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Sewer:Public Sewer
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Water Source:Public
The Community
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Features:Curbs, Sidewalks
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Pool:None
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Senior Community:Yes
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Private Pool:No
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Spa Features:None
Parking
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Parking:Yes
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Parking:Carport, Asphalt
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Parking Spaces:61.00
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Uncovered Spaces:34.00
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Carport Spaces:27.00
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 |
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7/2/25
Jul 2, 2025
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Listed / Active | CRMLS_CA | $19,500,000 |