4412 Mission Inn Avenue,Riverside, CA 92501
Riverside, CA 92501
Description
This asset is ideally situated within a short distance of Riverside Community Hospital, the iconic Mission Inn Hotel & Spa, and the Downtown Riverside Metrolink Station, placing tenants at the center of a thriving live-work-play environment. The Mission Inn Avenue Apartments sits on a ±11,761 square foot lot with a total building area of ±6,666 square feet. The property offers a diverse unit mix of two studios and ten 1-bedroom/1-bathroom units - eight original and two newly built ADUs - averaging 556 square feet. Renovated interiors feature tile and laminate plank wood flooring, updated kitchen and bathroom cabinetry, oven ranges with hoods, and updated fixtures. All units include wall air conditioning and heating, clothing closets, and cabinet storage. The property features 12 single-car garages, off-street parking, an on-site laundry facility, and lush, mature landscaping throughout. New roofs have been installed within the last five years, and a recently completed termite clearance further demonstrates the pride of ownership maintained throughout the asset. The property sits in the heart of Downtown Riverside - a thriving cultural and urban corridor with direct proximity to Mt. Rubidoux Park, the Fox Performing Arts Center, the Riverside Convention Center, and the Riverside Pedestrian Mall. The Downtown Riverside Metrolink Station is less than one mile away, providing direct connectivity to Los Angeles Union Station. Regional access is further supported by the 60, 91, and I-215 Freeways, making the property an ideal choice for commuters across the greater Inland Empire. Riverside's economy is anchored by healthcare, higher education, and public sector employment, with major employers including Riverside Community Hospital, UC Riverside, California Baptist University, Loma Linda University & Hospital, and the City of Riverside - sustaining consistent housing demand and a stable, creditworthy tenant pool. 4412-4430 Mission Inn Avenue is a stable, income-producing asset in one of Downtown Riverside's most sought-after residential corridors, offering investors exceptional stability and long-term value in a thriving urban market.
Details
| MLS # | CV26174832 |
|---|---|
| Listing Type | For Sale |
| Style | Condominium |
| Sub-Type | Resale |
| Status | Active |
| Year | 1949 |
| Days On Site | 17 |
| Listing Provided By | CB RICHARD ELLIS | Eric Chen |
Features
| SQ Feet | 6,666 |
|---|---|
| Garage | 12 |
| Story(s) | 2 |
| Units | 12 |
| Building(s) | 3 |
| Acreage | 0.27 |
Interior
| Cooling | Wall Window Units |
|---|---|
| Heating | Wall Furnace |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Fireplace Yes / No | No |
Exterior
| Lot Features | Eleven To Fifteen Units Acre |
|---|
Parking
| Garage Yes / No | Yes |
|---|
Utilities
| Sewer | Public Sewer |
|---|
Location
| Community Features | Curbs, Sidewalks |
|---|
Area Information
| State | CA |
|---|---|
| County | Riverside |
| City | Riverside |
| Zip Code | 92501 |
| Area | 252 Riverside |
| Listing VS Median (in 92501) | |
Price: $2,600,000 low | high Med: $1,747,500 sqft: 6,666 low | high Med: 4,473 $ / sqft: $390 low | high Med: $391 On site: 17 low | high Med: 66 | |
Market Activity 92501
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Learn More About This Property
| State | CA |
|---|---|
| County | Riverside |
| City | Riverside |
| Zip Code | 92501 |
| Area | 252 Riverside |
| Listing VS Median (in 92501) | |
Price: $2,600,000 low | high Med: $1,747,500 sqft: 6,666 low | high Med: 4,473 $ / sqft: $390 low | high Med: $391 On site: 17 low | high Med: 66 | |