Senior Housing

Riverside, CA Senior Housing / Retirement Homes for Sale

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Riverside Property Conversion Opportunity
Updated: Nov 21, 2025
Riverside Property Conversion Opportunity

3663 La Sierra Ave, Riverside, CA 92505

$18,900,000
37,117 sqft
City of Riverside enthusiastically supports conversion to permanent affordable housing.
Potential tax credits available due to 10+ years of ownership.
Large 2.1‑acre lot with ample parking and perimeter fencing.
Proximity to Kaiser Permanente Riverside (0.5 miles, visible from parking lot).**
Easy access to the 91 Freeway (La Sierra Ave off‑ramp).
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See hot listings in Riverside

Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
1 active listing matches your search: Senior Housing for sale in Riverside, CA. Based on your search, we've also compiled 43 Potential Opportunities for your consideration: 4 properties in nearby cities, 37 off-market properties to explore as potential leads, and 2 land listings with development potential.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Two-Story Assisted Living Facility
Two-Story Assisted Living Facility

1353 E Devonshire Ave, Hemet, CA 92544

$4,995,000
30,114 sqft 0.74 AC lot

Fifty private-bath bedrooms, shared gathering rooms, elevators, and a courtyard serve the facility’s care-oriented layout.

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Remodeled Senior Housing Residence
Remodeled Senior Housing Residence

2186 Via Mariposa E, Laguna Woods, CA 92637

$329,000
1,057 sqft 0.03 AC lot

End-unit two-bedroom residence with an enclosed deck, updated finishes, and access to extensive community recreation.

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102-Bed Assisted Living Facility
102-Bed Assisted Living Facility

2789 Rafferty Rd, Hemet, CA 92545

Contact for pricing
38,732 sqft 2.51 AC lot

Residential care facility with memory care capabilities near Hemet Global Medical Center.

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Casa Vista Model with Views
Casa Vista Model with Views

3108 Via Serena South #O, Laguna Woods, CA 92637

$420,000
1,080 sqft

Laguna Woods condo with treetop and mountain views.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Murrieta Land with Development Potential
Murrieta Land with Development Potential

Twin Willow, Murrieta, CA 92563

$1,250,000
4.81 AC lot

4.81 acre lot rezoned for single and multi-family development.

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San Jacinto Development Parcel Opportunity
San Jacinto Development Parcel Opportunity

420 N Ramona Blvd, San Jacinto, CA 92583

$650,000
1.33 AC lot

1.33-acre development parcel with CUP in process.

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Off-Market Properties in Riverside, CA

Consider similar Off-Market properties in Riverside, CA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

11162 Palm Ter Ln
HOMES (RETIRED, NURSING)

11162 Palm Ter Ln, Riverside, CA 92505-2338

Estimated value:
$1,895,000
16,994 sqft 4.25 AC lot
View details
5881 El Palomino Dr
HOMES (RETIRED, NURSING)

5881 El Palomino Dr, Riverside, CA 92509-7006

Estimated value:
$16,000,000
98,358 sqft 2.53 AC lot
View details
11545 Doverwood Dr
HOMES (RETIRED, NURSING)

11545 Doverwood Dr, Riverside, CA 92505-3205

Estimated value:
$350,000
1,742 sqft 0.37 AC lot
View details
4609 Arlington Ave
HOMES (RETIRED, NURSING)

4609 Arlington Ave, Riverside, CA 92504-2705

Estimated value:
$10,510,000
69,163 sqft 1.52 AC lot
View details
4411 Chicago Ave
HOMES (RETIRED, NURSING)

4411 Chicago Ave, Riverside, CA 92507-5406

Estimated value:
$5,775,000
18,300 sqft 1.38 AC lot
View details
10849 Arlington Ave
HOMES (RETIRED, NURSING)

10849 Arlington Ave, Riverside, CA 92505-2201

Estimated value:
$5,565,000
14,587 sqft 2.12 AC lot
View details
5051 La Sierra Ave
HOMES (RETIRED, NURSING)

5051 La Sierra Ave, Riverside, CA 92505-2613

Estimated value:
$2,630,000
4,839 sqft 0.29 AC lot
View details
4046 Tyler St
HOMES (RETIRED, NURSING)

4046 Tyler St, Riverside, CA 92503-3402

Estimated value:
$1,055,000
8,156 sqft 0.31 AC lot
View details
8133 Magnolia Ave
HOMES (RETIRED, NURSING)

8133 Magnolia Ave, Riverside, CA 92504-3409

Estimated value:
$7,615,000
20,685 sqft 1.55 AC lot
View details
8781 Lakeview Ave
HOMES (RETIRED, NURSING)

8781 Lakeview Ave, Riverside, CA 92509-5969

Estimated value:
$2,625,000
32,074 sqft 3.78 AC lot
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7898 California Ave
HOMES (RETIRED, NURSING)

7898 California Ave, Riverside, CA 92504-2597

Estimated value:
$23,035,000
77,146 sqft 3.50 AC lot
View details
7858 California Ave
HOMES (RETIRED, NURSING)

7858 California Ave, Riverside, CA 92504-2599

Estimated value:
$2,950,000
80,017 sqft 3.50 AC lot
View details
5265 Chapala Dr
HOMES (RETIRED, NURSING)

5265 Chapala Dr, Riverside, CA 92507-5907

Estimated value:
$1,485,000
13,500 sqft 13.47 AC lot
View details
5232 Central Ave
HOMES (RETIRED, NURSING)

5232 Central Ave, Riverside, CA 92504-1825

Estimated value:
$3,180,000
58,035 sqft 1.75 AC lot
View details
8965 Magnolia Ave
HOMES (RETIRED, NURSING)

8965 Magnolia Ave, Riverside, CA 92503-4432

Estimated value:
$505,000
11,274 sqft 1.19 AC lot
View details
4301 Caroline Ct
HOMES (RETIRED, NURSING)

4301 Caroline Ct, Riverside, CA 92506-2902

Estimated value:
$600,000
10,210 sqft 0.99 AC lot
View details
4000 Harrison St
HOMES (RETIRED, NURSING)

4000 Harrison St, Riverside, CA 92503-3514

Estimated value:
$2,320,000
35,715 sqft 2.45 AC lot
View details
3662 Pacific Ave
HOMES (RETIRED, NURSING)

3662 Pacific Ave, Riverside, CA 92509-1948

Estimated value:
$1,510,000
13,074 sqft 3.37 AC lot
View details
8951 Granite Hl Dr
HOMES (RETIRED, NURSING)

8951 Granite Hl Dr, Riverside, CA 92509-1104

Estimated value:
$610,000
15,967 sqft 4.13 AC lot
View details
16551 Washington St
HOMES (RETIRED, NURSING)

16551 Washington St, Riverside, CA 92504-6143

Estimated value:
$340,000
1,306 sqft 4.19 AC lot
View details
3766 Nye Ave
HOMES (RETIRED, NURSING)

3766 Nye Ave, Riverside, CA 92505-1867

Estimated value:
$945,000
5,880 sqft 3.33 AC lot
View details
9020 Garfield St
HOMES (RETIRED, NURSING)

9020 Garfield St, Riverside, CA 92503-3903

Estimated value:
$1,340,000
28,039 sqft 1.30 AC lot
View details
3401 Lemon St
HOMES (RETIRED, NURSING)

3401 Lemon St, Riverside, CA 92501-2861

Estimated value:
$1,600,000
69,732 sqft 0.76 AC lot
View details

Riverside, CA Senior Housing / Retirement Homes Market Trends and Statistics

Explore 38 senior housing / retirement homes for sale in Riverside, CA on our real estate platform. These investment opportunities span a total of 37,117 square feet of properties for sale, with an estimated market value of $18,900,000.

Sale prices for assisted living facilities in Riverside, CA average $18,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 445K
Population Growth (5Y) -0.6%
Median Household Income $95,116
College Educated 19.1%

High-Yield Neighborhoods for Investment

Identify Riverside submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
92505 $18.9M

Taxes & Financing

Tax Rate (average for all types) 1.10%
Property Tax per SF $15.64 per SF
Tax Rate vs County Average 0.08 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Riverside County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Riverside fall within the 100,000+ square foot range.

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