55+ Senior Apartment
For Sale
Contact for pricing
4800 Palm Ave, Riverside, CA 92501
Two-story, 59-unit active adult property built in 2021 with controlled gated entry and elevator access.
Property Size39,972 SF
Lot Size1.96 Acres
Days on Market131
Property Features for 4800 Palm Ave
General Information
Standard status
Active
Size
39,972 SF
Lot size
1.96 Acres
Property subtype
Multifamily
Additional Details
Sprinkler System
Yes
Multifamily Units
59
Amenities
gated entry
carport parking
security monitoring system
elevator access
sprinkler system
fully furnished community room & kitchen
fitness center
exterior water fountains
outdoor courtyard with BBQ grills
central air conditioning and heating
plank & carpet flooring
private patio/balcony
tankless water heater
quartz countertops
in-unit washer/dryer
prewired for ceiling fans
stainless steel appliances
Building Details
Year Built
2021
Stories
2
Tenancy
Multi
Listing Agency:
CBRE - Ontario
(909) 418-2074
Listed By:
Blake Torgerson · License #CA 01919955
Source:
Crexi
Added: Apr 24
Changed: Aug 8
Last Checked: Jul 22 at 1:46AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CBRE - Ontario
Investment Insights
Based on property information with market context.
The Woods Senior Living is a well-maintained two-story, 59-unit active adult (55+) apartment community constructed in 2021. The property includes controlled gated entry and parking, elevator access, and a sprinkler system, along with a security monitoring system. Community amenities include a fully furnished and equipped community room with kitchen, a fitness center, outdoor courtyard with BBQ grills, and exterior water fountains.
Unit features are designed for everyday comfort and convenience, including central air conditioning and heating, tankless water heaters, and private patio/balcony space. Interiors include plank and carpet flooring, quartz countertops, in-unit washer/dryer hookups, and stainless-steel appliances. Units are also prewired for ceiling fans, and the community offers carport parking.
Situated on an approximately 85,378 square foot lot with about 39,972 square feet of building area, The Woods Senior Living is located within Riverside’s medical zone on Palm Avenue, between Tequesquite Avenue and Beechwood Place. The property is within walking distance of Riverside Community Hospital & Emergency Room and nearby urgent cares, doctors’ offices, and medical clinics, and it is directly across from Ryan Bonaminio Park.
Unit features are designed for everyday comfort and convenience, including central air conditioning and heating, tankless water heaters, and private patio/balcony space. Interiors include plank and carpet flooring, quartz countertops, in-unit washer/dryer hookups, and stainless-steel appliances. Units are also prewired for ceiling fans, and the community offers carport parking.
Situated on an approximately 85,378 square foot lot with about 39,972 square feet of building area, The Woods Senior Living is located within Riverside’s medical zone on Palm Avenue, between Tequesquite Avenue and Beechwood Place. The property is within walking distance of Riverside Community Hospital & Emergency Room and nearby urgent cares, doctors’ offices, and medical clinics, and it is directly across from Ryan Bonaminio Park.
Key Highlights
- Two‑story, 59‑unit active adult (55+) apartment community built in 2021 in Riverside
- Controlled gated entry and parking with security monitoring system and elevator access
- Built on an 85,378 SF lot with a total building size of 39,972 SF
Property Analytics
Property Profile
Current Use
Lease Details
59
Residential units
Multi-tenant
Tenancy
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
1,218
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92501, CA
22,017
Population
7,488
Households
2.9
Avg Household Size
35
Median Age
18%
College-Educated
81%
High-School Grad
5.6 sq mi
ZIP Area
3,932
Density / Sq Mi
$83,027
Median Household Income
$41,780
Median Earnings
$1,615
Median Rent
$466,400
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Senior housing / Retirement Home - Two-story, 59-unit active adult property built in 2021 with controlled gated entry and elevator access.
Where is this senior housing / retirement home located?
The property is located at 4800 Palm Ave Riverside, CA.
What are key features of this property?
This property features: Two‑story, 59‑unit active adult (55+) apartment community built in 2021 in Riverside; Controlled gated entry and parking with security monitoring system and elevator access; Built on an 85,378 SF lot with a total building size of 39,972 SF
