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4581 Main Street
USD 3,645,000
Property ID: 25532145
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4581 Main Street ,92501
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icon 34412 SqFt
icon Built in 1950
icon USD 106/SqFt
icon 0 Bed
icon 0 Full
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Location
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Interior Details
Bedrooms
0
Bathrooms
0
Interior Size
9200
Construction Details
Property Type --
Property Condition --
Architectural Style --
New Construction --
Year Built 1950
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Detailed Introduction Of This Home
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.
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Contact Development/Agent
Cissy Tang
TEL: (+1)626 9868**** icon
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+87
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Contact Development/Agent
icon
Cissy Tang
(+1)626 9868**** icon
Please enter your nationality
+87
Cannot be empty
Email address is invalid Email address not authenticated!
Cissy Tang
(+1)626 9868**** icon
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4581 Main Street
USD 3,645,000 0 Beds
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