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4412-4430 Mission Inn Ave
Riverside, CA 92501 Downtown Riverside

$2,600,000 USD

Apartments For Sale  •  5,820 SF

Property Details

  • Property Type Apartments
  • Total Building Size 6,666 SF
  • Lot Size 0.27 AC
  • Building Class C
  • Year Built 1949
  • Cap Rate 5.83 %
  • Zoning R1065
70 Transit Score
60 Walk Score

Highlights

A well-maintained 12-unit property including two newly constructed 2026 ADUs — generating a current cap rate of 5.83%
An attractive opportunity to capture 13% rental upside by raising rents to market rates
Attractively priced at $216,667 per unit and $390 per square foot
Select units feature updated kitchen and bathroom cabinetry, oven ranges with hoods, and tile and laminate plank wood flooring
Situated on a ±11,761 SF lot with ±6,666 SF of total building area, inclusive of two newly constructed ADUs completed in 2026
The property offers two studios and ten 1-bedroom/1-bathroom units averaging 556 SF, each equipped with quiet, energy-efficient split AC systems

Financial Summary (Actual)

Net Operating Income: $151,679 USD (2025)
Cap Rate: 5.83 %
Total Expenses: $71,551 USD

Amenities

  • Heating
  • Kitchen
  • Range

Public Transportation

Commuter RailDriveWalkDistance
Riverside-Downtown Metrolink Station (Metrolink 91-Perris Valley Line - Amtrak, Metrolink Inland Empire-Orange County Line - Amtrak, Metrolink Riverside Line - Amtrak, Southwest Chief - Amtrak) 4 min - 1.4 mi
Riverside-Hunter Park/Ucr (Metrolink 91-Perris Valley Line - Metrolink Trains) 6 min - 3.8 mi
AirportDriveWalkDistance
Ontario International 23 min - 16.7 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 12
Type: OneCarGarage
Included in Rent: Yes
Eric Chen 909-418-2071 CBRE, Inc.
Eric Chen 909-418-2071 CBRE, Inc.