16-Unit Apartment Building with
For Sale
Contact for pricing
3500 Lou Ella Ln, Riverside, CA 92507
Gated community with on-site laundry and individually metered utilities.
Property Size13,226 SF
Lot Size0.49 Acres
Days on Market144
Property Features for 3500 Lou Ella Ln
General Information
Standard status
Active
Size
13,226 SF
Total Parking Spaces
18
Lot size
0.49 Acres
Property subtype
Multifamily
Site & Location
Highway Access
Yes
Public Transit
Yes
Utilities to Site
Yes
Units
Unit Mix
8 x 1BR/1BA, 7 x 2BR/1BA, 1 x 3BR/2BA
Multifamily Units
16
Amenities
on-site laundry facility
gated community swimming pool
secured entrances
balconies
Building Details
Year Built
1958
Buildings
1
Listing Agency:
Marcus & Millichap - Inland Empire
(909) 456-3400
Listed By:
David Covarrubias · License #CA 01941403
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 30 at 12:31PM
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 Marcus & Millichap - Inland Empire
Investment Insights
Based on property information with market context.
Built in 1958, this 16-unit apartment property includes eight one-bedroom/one-bathroom residences, seven two-bedroom/one-bathroom residences, and one three-bedroom/two-bathroom residence. The building contains approximately 13,226 square feet on a 21,344-square-foot parcel. Improvements include double-pane windows, refreshed exterior paint and railings, secured entry points, and balconies in selected units. Residents have access to a gated swimming pool and on-site laundry facility.
Parking includes fourteen gated carport spaces, two open parking spaces, and two garages reached from a rear alley. Each unit is separately metered for gas and electricity and has its own hot water heater. The property is located near the junction of Interstate 215, California 60, and 91 Freeways, with Walgreens, Dollar Tree, Food 4 Less, and Patterson Park within walking distance. University of California Riverside and Downtown Riverside are nearby, and Riverside Metrolink and Transit Agency service provide additional transportation options.
Parking includes fourteen gated carport spaces, two open parking spaces, and two garages reached from a rear alley. Each unit is separately metered for gas and electricity and has its own hot water heater. The property is located near the junction of Interstate 215, California 60, and 91 Freeways, with Walgreens, Dollar Tree, Food 4 Less, and Patterson Park within walking distance. University of California Riverside and Downtown Riverside are nearby, and Riverside Metrolink and Transit Agency service provide additional transportation options.
Key Highlights
- 16 units with eight 1‑bedroom, seven 2‑bedroom, and one 3‑bedroom residences
- Approximately 13,226 square feet on a 21,344‑square‑foot parcel
- Parking includes fourteen gated carports, two open spaces, and two garages
Property Analytics
Property Profile
Current Use
Lease Details
16
Residential units
Yes
Highway access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,434
Businesses Nearby
Explore this area
Business Placement
Demographics for 92507, CA
63,191
Population
19,739
Households
3.2
Avg Household Size
28
Median Age
32%
College-Educated
84%
High-School Grad
21.4 sq mi
ZIP Area
2,953
Density / Sq Mi
$72,367
Median Household Income
$31,961
Median Earnings
$1,780
Median Rent
$503,000
Median Home Value
Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Apartment building - Gated community with on-site laundry and individually metered utilities.
Where is this apartment building located?
The property is located at 3500 Lou Ella Ln Riverside, CA.
What are key features of this property?
This property features: 16 units with eight 1‑bedroom, seven 2‑bedroom, and one 3‑bedroom residences; Approximately 13,226 square feet on a 21,344‑square‑foot parcel; Parking includes fourteen gated carports, two open spaces, and two garages
