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1480 7th Street Riverside, CA 92507

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For Sale
$5,595,000

22,798 SF multifamily property with recent renovations and rental upside.

Type:Multifamily
Property size:
22,798 SF
Lot 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

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Listing Contact
Jonathan Mitchell

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

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Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Riverside
County
Riverside
State
California
Longitude
-117.3434207
Latitude
33.9768384

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.
More about this property
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