Keegan Cin | Realtor® | License # DRE 01971604

Property

Riverside, CA 92501 4250 10th Street

4250 10th Street Riverside, CA - Image 14250 10th Street Riverside, CA - Image 24250 10th Street Riverside, CA - Image 3
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4250 10th Street Riverside, CA - Image 44250 10th Street Riverside, CA - Image 5
Presented By: Kristopher German with RE/MAX 2000 REALTY; 909-645-0443
  • MLS# CV25102575
  • 05/09/2025
  • Request Tour
  • Request Info
  • Beds • 5
  • Baths • 4
  • SQFT • 2,210
  • Garage • 4
  • Year Built • 1941

Home Details

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. The owner is in the process of updating the electrical sub-panels as well as the roof on the front structure. 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. This property can be purchased together with the adjoining 4-unit property at **4228 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.
Presented By: Kristopher German with RE/MAX 2000 REALTY; 909-645-0443

Interior Features for 4250 10th Street

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsOneCommonWall
Fireplace FeaturesNone
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesCommonArea
Total Stories2

Other Rooms

Entry Level1

General for 4250 10th Street

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Cap Rate7.11
Carport Y/NNo
CityRiverside
Community FeaturesStreetLights, Sidewalks
CoolingWallWindowUnits
CountyRiverside
Current FinancingNone
DirectionsJust South of Mission Inn Ave. West of Market St.
Electric Expense21.0
Electric On Property Y/NNo
Entry Location1
Fuel Expense750.0
Garage Spaces4.0
Garage Y/NYes
Gross Income88392.0
HOANo
HOA Fee$0.0
Home Warranty Y/NNo
Insurance Expense1500.0
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Listing TermsCashToNewLoan
Lot Size Square Feet7840.0
Lot Size UnitsSquareFeet
MLS Area252 - Riverside
MobileHomeRemainsYNNo
Net Operating Income67545.0
New ConstructionNo
Number Of Units Total4
Operating Expense18196.0
Pool FeaturesNone
Property Attached Y/NYes
Property Sub Type AdditionalApartment
Property SubtypeApartment
Property TypeResidentialIncome
Rent Control Y/NYes
RoofShingle
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories2
Tax Lot071
Taxes$11,130
Tenant PaysElectricity, Gas
Trash Expense897.0
UtilitiesElectricityAvailable, NaturalGasAvailable, SewerAvailable, WaterAvailable
ViewNone
Water Sewer Expense897.0
Year Built1941
Year Built SourceAssessor
ZoningR1065

Exterior for 4250 10th Street

Building Area Total2210.0
Crops Included Y/NNo
FencingBrick
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.18
Lot Size Area7840.0
Lot Size SourceAssessor
Number of Buildings2
Number of Separate Electric Meters4
Number of Separate Gas Meters4
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAssigned
Private PoolNo
Road Surface TypePaved
SpaNo
Total Parking4.0
Water SourcePublic
WaterfrontY/NNo

Additional Details

Price History

Justin Hughey

Price $950,000
MLS#CV25102575
List Date 05/09/2025
Property Type Multi-Family
Request Tour
Request Info

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