$9,995,000
PENDING

4641 Arlington Ave Riverside, CA 92504

Magnolia Center Neighborhood

Estimated payment $62,778/month

Total Views 7,562
3 Beds
-- Bath
33,884 Sq Ft
$295 Price per Sq Ft

Highlights

  • Private Pool
  • Laundry Room
  • Bike Trail
  • 1.56 Acre Lot
  • Horse Trails

About This Home

Trust Sale - 44 unit apartment complex with 2 separate buildings, Open courtyard which creates an open feeling for each apt, Parking spaces – 1 per unit, Laundry in building, Pool, Utilities included in rents – water, sewer and trash, Direct and easy access to the 91 freeway, Minutes from downtown Riverside, Increases are done yearly, Only one vacant unit is in need of rehab, Majority of the tenants are long term month to month. Upside rent opportunity and operations management. Possible ADU development on the property. See city for information. specific sale terms required for sale.

Listing Agent

Todd Wohl

Premiere Estates International Real Estate Brokerage Phone: 310-704-3616 License #01912556 Listed on: 03/25/2025

Property Details

Home Type

  • Apartment

Year Built

  • Built in 1967

Lot Details

  • 1.56 Acre Lot
  • No Common Walls

Parking

  • 44 Car Garage

Home Design

  • Entry on the 1st floor

Interior Spaces

  • 3 Bedrooms
  • 33,884 Sq Ft Home
  • 2-Story Property
  • Laundry Room

Pool

  • Private Pool
  • Fence Around Pool

Listing and Financial Details

  • Tax Lot 4,5
  • Assessor Parcel Number 226210020

Community Details

Overview

  • 2 Buildings
  • 44 Units

Amenities

  • Laundry Facilities

Recreation

  • Horse Trails
  • Bike Trail

Property Details

Home Type

Apartment

Year Built

Built in 1967

Lot Details

0

Parking

44

Listing Details

  • Other Phone Description: 3107043616
  • Price Per Unit: 227159
  • Property Attached: No
  • Property Sub Type: Apartment
  • Property Type: Residential Income
  • Parcel Number: 226210020
  • Year Built: 1967
  • Special Features: None

Interior Features

  • Stories: 2
  • Entry Location: 1
  • Common Walls: No Common Walls
  • Entry Level: 1
  • Price Per Square Foot: 294.98

Exterior Features

  • Pool Features: Private, Fenced
  • Pool Private: Yes

Garage/Parking

  • Garage Spaces: 44.00
  • Total Parking Spaces: 44.00

Utilities

  • Laundry: Yes
  • Laundry Features: Common Area
  • Sewer: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Biking, Horse Trails, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Lot Over 40000 Sqft
  • Lot Size Sq Ft: 67860.00
  • Lot Size Acres: 1.5579
  • Latitude Manual: 33.94666100

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Scheduled Income: 715800.00
  • Lot Size Area: 67860.0000 Square Feet
  • Number Of Units Total: 44
  • Rent Control: No

Tax Info

  • Tax Lot: 4,5
  • Tax Tract Number: boo...

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
05/01/2025 05/01/25 Pending -- -- --
03/25/2025 03/25/25 For Sale $9,995,000 -- $295 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: SB25065506

California Regional Multiple Listing Service (CRMLS)

APN: 226-210-020

California Riverside County Riverside 92504 Magnolia Center

4641 Arlington Ave, Riverside, CA

This home is located at 4641 Arlington Ave, Riverside, CA 92504 and is currently priced at $9,995,000, approximately $294 per square foot. This property was built in 1967. 4641 Arlington Ave is a home located in Riverside County with nearby schools including Madison Elementary School, Sierra Middle School, and Ramona High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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Listing Agent
Todd Wohl
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Premiere Estates International Real Estate