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Riverside Investment Opportunity: 8 Units
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413 Glen St, Riverside, CA 92507

8 studio units near downtown Riverside, fully occupied, investment opportunity.

Property SizeContact for details
Days on Market188

Property Features for 413 Glen St

General Information

Standard status Active
Property subtype Multifamily
Listing Agency: CENTURY 21 Affiliated
Listed By: Ardavan Mofid · License #CA 1098754
Source: Crexi
Added: Feb 24 Changed: Aug 8 Last Checked: Jul 5 at 9:08PM

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 CENTURY 21 Affiliated

Investment Insights

Based on property information with market context.

This well-maintained property features 8 studio units, each with 1 bath, and is fully occupied with good, stable tenants, providing immediate rental income. The property is conveniently located just minutes from downtown Riverside and near the Mission Inn Hotel & Spa area, offering easy access to major shopping centers, dining, and entertainment. Commuters will appreciate the close proximity to the 91, 60, 15 and 215 freeways. Ideal for an investor or as part of a 1031 exchange, this property also offers strong upside potential, including the possibility for ADU development (Buyer to verify with city).

Key Highlights

  • Fully occupied with stable tenants, providing immediate rental income.
  • Prime Riverside location, minutes from Downtown Riverside and the Mission Inn Hotel & Spa.
  • Excellent investment opportunity with strong upside potential.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Hair Salon Law Firm Nail Salon Parking Lot & Garage (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

451
Businesses Nearby

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

7% 2022
7.8% 2023
8.6% 2024
8.6% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 8 studio units near downtown Riverside, fully occupied, investment opportunity.
Where is this apartment building located?
The property is located at 413 Glen St Riverside, CA.
What is the asking price?
The asking price for this property is $990,000.
What are key features of this property?
This property features: Fully occupied with stable tenants, providing immediate rental income.; Prime Riverside location, minutes from Downtown Riverside and the Mission Inn Hotel & Spa.; Excellent investment opportunity with strong upside potential.
(949) 385-8900 Call to check price and availability
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