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14-Unit Modern Duplex Portfolio
For Sale
$8,400,000

5852--5854 Norwood Ave, Riverside, CA 92505

Recently built townhome-style residences offer private yards, attached garages, solar systems, and upper-level laundry rooms.

Property SizeContact for details
Lot Size1.77 Acres
Days on Market49

Property Features for 5852--5854 Norwood Ave

General Information

Standard status Active
Net Rentable 25,280 SF
Total Parking Spaces 28
Lot size 1.77 Acres
Property subtype Multi-Family

Site & Location

Highway Access Yes
Road Access Yes
Public Transit Yes

Units

Unit Mix 4 x 3BR/2.5BA, 8 x 4BR/2.5BA, 2 x 5BR/3BA
Multifamily Units 14
Parking per Unit 2

Amenities

solar energy systems
central HVAC
washer and dryer
private patios
ceiling fans
walk-in closets
stainless steel appliances
quartz countertops

Building Details

Stories 2
Construction townhome-style
Listing Agency: CB RICHARD ELLIS
Listed By: Eric Chen eric.chen@cbre.com
Source: Findhomesinsandiegoarea
Added: Jul 16 Changed: Sep 1 Last Checked: Sep 1 at 8:57PM

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 CB RICHARD ELLIS

Investment Insights

Based on property information with market context.

This 14-unit duplex portfolio comprises two-story, townhome-style residences distributed across seven individually parceled lots. The properties total 77,102 square feet of land and provide 25,280 square feet of rentable area. Construction dates are 2024 and 2026, with an average residence size of 1,863 square feet. The unit mix includes three-, four-, and five-bedroom homes, each with open living areas, high ceilings, designer kitchens, quartz countertops, stainless steel appliances, walk-in storage, and primary suites with dual vanities. Upper-level laundry rooms include washers and dryers, while central HVAC and solar energy systems serve each home.

Exterior features include attached two-car garages, private front and rear yards with patios, and decomposed granite landscaping maintained across the sites. The portfolio is located near Kaiser Permanente Riverside Medical Center, La Sierra University, and the Galleria at Tyler, with access to the 91, 60, 15, and I-215 Freeways. La Sierra Metrolink Station is 3.7 miles away and provides service to LA Union Station.

Key Highlights

  • 14‑unit duplex portfolio across seven individually parceled lots
  • 77,102 square feet of land and 25,280 square feet of rentable area
  • Unit mix includes four 3‑bedroom, eight 4‑bedroom, and two 5‑bedroom homes

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Dental Office Spa & Massage Center Restaurant Hair Salon

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

Lease Details

14
Residential units
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

239
Businesses Nearby

Demographics for 92505, CA

50,919
Population
15,324
Households
3.3
Avg Household Size
34
Median Age
20%
College-Educated
79%
High-School Grad
10.2 sq mi
ZIP Area
4,992
Density / Sq Mi
$84,528
Median Household Income
$40,575
Median Earnings
$1,936
Median Rent
$520,800
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?
Duplex - Recently built townhome-style residences offer private yards, attached garages, solar systems, and upper-level laundry rooms.
Where is this duplex located?
The property is located at 5852--5854 Norwood Ave Riverside, CA.
What is the asking price?
The asking price for this property is $8,400,000.
What are key features of this property?
This property features: 14‑unit duplex portfolio across seven individually parceled lots; 77,102 square feet of land and 25,280 square feet of rentable area; Unit mix includes four 3‑bedroom, eight 4‑bedroom, and two 5‑bedroom homes
More about this property
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