Riverside County, CA Apartment Buildings for Sale

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Updated: Jun 2

12-Unit Apartment Building

3060 Panorama Road, Riverside, CA 92506

$2,572,964

14,529 sqft 2.59 AC lot

12‑unit multifamily property with approximately 14,529 SF of rentable area
Approximately 112,820‑square‑foot hillside lot with mature landscaping and mountain views
Average unit size of 1,211 SF
Upgraded kitchens with electric stoves, oven ranges, and dishwashers
In‑unit washer and dryer hookups, patios or balconies, and walk‑in closets

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3060 Panorama Road, Riverside, CA 92506

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Est. Cap Rate

8.8%
Above avg (5.9%)
Est. NOI

$226K
Annual
Mortgage

$1.7M
Jun 2025
Last Sold

Jun 2025
$3.3M

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Updated: Jul 15

Renovated 5-Unit Apartment Building

521 Desert Way, Palm Springs, CA 92264

$1,357,900

3,900 sqft 0.23 AC lot

5‑unit apartment building in Palm Springs’ Demuth Park area; offers 3 long‑term residents for dependable cash flow
Private pool and spa at the property
Renovation includes ceramic tile flooring; heating is forced air and cooling is central air
R2 zoning offers flexibility beyond traditional long‑term tenants (uses subject to Palm Springs City approval)
Demuth Park nearby with a $7.5M investment, including 22 new pickleball courts, large/small dog parks, and the CV Link entrance

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10-Unit Townhome-Style Apartment Building

16459 Joy Street, Lake Elsinore, CA 92530

$4,000,000

0.60 AC lot

Three-bedroom residences include central air and heat, private patios, and in-unit laundry hookups.

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14-Unit Apartment Building

5746 Tilton, Jurupa Valley, CA 92509

$2,680,000

0.24 AC lot

Renovated multifamily property with updated building systems, assigned parking, and a separate adjacent lot with storage.

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12-Unit Renovated Apartment Community

37250 Bankside Drive Cathedral City CA 92234, Cathedral City, CA 92234

$1,800,000

6,680 sqft

Single-story residences include a gated courtyard pool, central HVAC, laundry facilities, and open parking in Cathedral City.

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7-Unit Apartment Building

238 S Saturmino, Palm Springs, CA 92262

$1,688,000

Apartment property with wall and window cooling units.

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Riverside Multifamily Investment Opportunity

421 Devener St, Riverside, CA 92507

$1,575,000

5,712 sqft 0.33 AC lot

Two 4-plex buildings in Riverside with value-add potential.

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Light-Industrial Zoned Multifamily Property

4439 Wade Ave 1-5, Perris, CA 92571

$1,250,000

6,150 sqft 1.08 AC lot

1.1 acre parcel with 5 units, pool, and storage.

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Garden-Style Multifamily Apartments

46595 Vargas Road, Indio, CA 92201

$8,400,000

29,376 sqft 2.44 AC lot

Well-maintained 51-unit, one-story community with private patios, on-site laundry, and surface parking.

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Palm Springs Multifamily Investment Opportunity

3737 Calle De Carlos, Palm Springs, CA 92264

$870,000

3,800 sqft 0.23 AC lot

Five-unit income property in Palm Springs' Demuth Park submarket.

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Deepwell Apartments Multifamily Investment Opportunity

1680 East Palm Canyon Drive, Palm Springs, CA 92264

$5,995,000

20,296 sqft 0.94 AC lot

30+1 unit multifamily community in Palm Springs' Deepwell Estates.

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10-Unit Apartment Building with Laundry

712 S Howard, Corona, CA 92879

$2,000,000

6,000 sqft 0.17 AC lot

Two-story multifamily property offering renovated units, tenant parking, and on-site laundry in central Corona.

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Riverside Multifamily Investment Opportunity

1480 7th Street, Riverside, CA 92507

$5,595,000

22,798 sqft 0.82 AC lot

Turnkey apartment complex with recent renovations and rental upside.

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Single-Story 10-Unit Apartment Building

2200 E Sahara Rd, Palm Springs, CA 92262

$1,750,000

0.57 AC lot

A fully occupied 10-unit, single-story apartment property with studio and one-bedroom layouts plus an on-site laundry facility.

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Apartment Building with Private Lap Pool

74431 De Anza Way, Palm Desert, CA 92260

$1,485,000

0.41 AC lot

Five-unit income property on a 0.41-acre lot with no HOA and three units currently leased.

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Riverside Multifamily Investment Opportunity

3681 Cranford Avenue, Riverside, CA 92507

$16,995,000

67,202 sqft 3.00 AC lot

67,202 SF multifamily property with upside potential in Riverside.

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Commercial

27700 Avenida Terrazo, Cathedral City, CA 92234

$1,200,000

4,200 sqft 19.73 AC lot

Apartment buildings · 4,200 SF

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Riverside Property Conversion Opportunity

3663 La Sierra Ave, Riverside, CA 92505

$18,900,000

37,117 sqft

Well-maintained 122-room property suitable for affordable housing conversion.

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Five-Building 14-Unit Multifamily

4545 Main St, Riverside, CA 92501

$3,595,000

0.79 AC lot

Fourteen units across five buildings offer single-story living, on-site laundry, and 25 parking spaces.

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Single-Story 14-Unit Apartment Property

219 S Saturmino Dr, Palm Springs, CA 92262

Contact for pricing

7,648 sqft 0.46 AC lot

Fourteen single-story units in a courtyard layout with private patios, built in 1963 and 1972.

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Two-Story Condominium Community

588 E San Lorenzo Rd, Palm Springs, CA 92264

Contact for pricing

12,164 sqft 0.73 AC lot

Fully renovated in 2012, this gated 12-unit condominium community offers two- and three-bedroom layouts with a pool and courtyard.

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Sierra Del Oro End Unit

2802 Green River Road #101, Corona, CA 92882

$530,000

1,400 sqft

Three-story condo with mountain views, upgraded features, and community amenities.

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Side-by-Side Eight-Unit Apartment Property

45304 Park St, Indio, CA 92201

$1,695,000

0.32 AC lot

Two adjacent fourplexes offer single-story, two-bedroom layouts with individual utility metering and carport parking.

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Three-Building Multifamily Investment

4561 Main Street, Riverside, CA 92501

$3,595,000

0.79 AC lot

Fourteen-unit multifamily property features a predominantly single-story layout with on-site parking and laundry.

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Riverside County, CA Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Riverside County, CA, showcased through 68 active listings on our real estate platform. These investment opportunities span a total of 619,663 square feet of properties for sale, with an estimated market value of $149,213,764.

Sale prices for two-family homes in Riverside County, CA start at $230,000, averaging $3,639,360, and reaching up to $18,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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