1480 7th Street Riverside, CA 92507
22,798 SF multifamily property with recent renovations and rental upside.
Type:Multifamily
Property size:
22,798 SFLot size:
0.82 Acres- Added:
- Jan 9, 2026
- Days on Market:
- 82
- Last Refresh:
- Mar 19 at 9:32 pm
Property Features for 1480 7th Street
General Information
- Standard status
- Active
- Size
- 22,798 SF
- Lot size
- 0.82 Acres
- Property subtype
- Multifamily
Listing agent Jonathan Mitchell License #CA 01227852
Listing office Kidder Mathews
Listing date Jan 9, 2026
Source Crexi
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 Kidder Mathews
Overview
Riverside Multifamily Investment Opportunity
Built in 1977, The Normandy Apartments offer approximately 22,798 square feet of rentable space. The property is in good condition, with the current ownership having completed several significant renovations to the interiors and exteriors. The unit mix includes three-bedroom, two-bedroom, and one-bedroom units. Situated on approximately 0.82 acres, the property includes tuck-under parking and open on-site parking, in addition to street parking. The building is separately metered for gas and electric and features community laundry rooms and a pool. Select units have been remodeled with new flooring, windows, cabinets, stove, microwave, countertops, sink, toilet, vanity, shower, AC, recessed lighting, and ceiling fans throughout. The property presents a turnkey asset with potential for rental upside.
Location Intelligence
Current Use by Public Records
Normandy Apartments
Apartment Complex
Excellence Real Estate
Real Estate Agency
Location Insight
- Map
- Local Demand
- City
- Riverside
- County
- Riverside
- State
- California
- Longitude
- -117.3434207
- Latitude
- 33.9768384
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - 22,798 SF multifamily property with recent renovations and rental upside.
Where is this apartment building located?
The property is located at 1480 7th Street Riverside, CA.
What is the asking price?
The asking price for this property is $5,595,000.
What are key features of this property?
This property features: Significant recent renovations to interiors and exteriors.; Turnkey asset with **10% realistic rental upside**.; Balanced unit mix of 3, 2, and 1 bedroom apartments.
