Three-Unit Residential
New
For Sale
$1,200,000
4819 Tyler St, Riverside, CA 92503
Three distinct residences include a move-in-ready apartment alongside two units requiring repairs.
Property Size2,592 SF
Days on Market3
Property Features for 4819 Tyler St
General Information
Standard status
Active
Size
2,592 SF
Property subtype
Investment
Property Condition
Severity
Repairs Needed
Evidence
need repairs
Additional Details
Multifamily Units
3
Building Details
Building Size
2,592 SF
Year Built
1926
Stories
1
Units
3
Listing Agency:
JASON SHAWN MCINTYRE, BROKER
Listed By:
JASON MCINTYRE
(951) 201-3427
Source:
Elliman
Added: Oct 12
Changed: Oct 13
Last Checked: Oct 13 at 2:14AM
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 JASON SHAWN MCINTYRE, BROKER
Investment Insights
Based on property information with market context.
This residential triplex, built in 1926, comprises a main house, an apartment, and an accessory dwelling unit. The apartment is ready for occupancy, while the main house and ADU require repairs.
The property is at the corner of Tyler Street and Wells Street in Riverside. Walk Score is 64, Bike Score is 63, and Transit Score is 38.
The property is at the corner of Tyler Street and Wells Street in Riverside. Walk Score is 64, Bike Score is 63, and Transit Score is 38.
Key Highlights
- Three units: main house, apartment, and ADU
- Apartment is move‑in ready
- Main house and ADU need repairs
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,665
Cap Rate
3.64%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$873,300
$873.3K
Cap Rate 7%
$623,786
$623.8K
Cap Rate 9%
$485,167
$485.2K
Market Conditions
NOI Build-Up for 2,592 SF
Gross rent
$65.3K $25.20/SF
− Vacancy
−$2.9K −$1.13/SF
EGI
$62.4K $24.07/SF
− OpEx
−$18.7K −$7.22/SF
NOI
$43.7K $16.85/SF
Area
ZIP 92503
Vacancy
4.50%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$873,300
Cap Rate 7%
$623,786
Cap Rate 9%
$485,167
Alternative Uses
Best Use
Multifamily LT 5
$623.8K
$545.8K – $727.8K
NOI $43,665 @ 7.0% cap · market cap 3.64%
Second Best
Apartment 5plus
$573.6K
$501.9K – $669.2K
NOI $40,152 @ 7.0% cap · market cap 3.35%
Theoretical Best
Office A
$888.3K
$777.3K – $1.04M
NOI $62,182 @ 7.0% cap · market cap 5.18%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Residential units
Location Intelligence
Trade Area within ½ mile
174
Businesses Nearby
Explore this area
Business Placement
Demographics for 92503, CA
90,011
Population
25,802
Households
3.5
Avg Household Size
35
Median Age
21%
College-Educated
81%
High-School Grad
34.3 sq mi
ZIP Area
2,624
Density / Sq Mi
$91,523
Median Household Income
$42,150
Median Earnings
$1,801
Median Rent
$556,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in West region
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Frequently Asked Questions
What type of property is this?
Triplex - Three distinct residences include a move-in-ready apartment alongside two units requiring repairs.
Where is this triplex located?
The property is located at 4819 Tyler St Riverside, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Three units: main house, apartment, and ADU; Apartment is move‑in ready; Main house and ADU need repairs
