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4562 Orange Street Riverside, CA 92501
$1,795,000 0 beds, 0 baths
3, 944 sqft
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Agent Remarks

We are pleased to present 4562 Orange Street, an 8-unit multifamily property located near Downtown Riverside. Just one block from Magnolia Avenue and 14th Street, this well-maintained asset offers historic charm, excellent curb appeal, and strong tenant appeal in one of Riverside's most walkable and in-demand neighborhoods. Situated on a 13,504 sq. ft. lot, the property features a single structure with a secured main entry. The layout includes four studio units in the front and four one-bedroom units in the rear. The front units offer private entrances and hallway access, while a grassy front yard and ample on-site parking provide added comfort and convenience for residents. The property also features a newer roof, providing added durability and reducing maintenance needs. Currently operating at a 5.65% cap rate and 11.76 GRM, the property delivers stable in-place income with room for modest rent growth. The unit mix and location appeal to students, professionals, and long-term tenants looking for well-located, quality housing. Walking distance to Riverside City College and less than 10 minutes from UC Riverside, the property also benefits from proximity to key employment centers, retail, and cultural landmarks such as the Mission Inn Hotel & Spa, Cheech Marin Center, Mount Rubidoux Park, and California Citrus State Historic Park. Easy access to the 91 and 215 Freeways enhances tenant mobility and supports long-term rental demand. 4562 Orange Street presents a strong opportunity for investors seeking a clean, income-generating asset in one of Riverside's most established submarkets.

Listing Details

Property type: (Multi-Family)
Status: Active
MLS# 25532143
List price is $1,795,000
Beds: 0
Baths: 0
Built in 1926
3,944 sqft
2 stories
0.31 acres
Lot size: 0.3100
County: Riverside
Zoning: R3
MLS area: 252 - Riverside

Last Updated: 5/8/2025

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This listing belongs to the 252 - Riverside MLS area

Lat/Long: 33.973565, -117.378658.
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Listing Agent: Oscar Diaz
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

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Lic#: 01276603

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18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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