Investment Overview

Marcus & Millichap is pleased to present 1813 & 1825 Loma Vista Street, a well-maintained 8-unit property located in the thriving city of Riverside, California. This property consists of two side-by-side single-story buildings and offers a desirable and balanced unit mix of four 2-bedroom/1-bath units and four 1-bedroom/1-bath units. The property features spacious layouts, with units averaging 704 square feet each, and a total of 5,631 square feet of rental space. All units feature dual-pane windows, with dual-entry access available in select units. The property also includes ample onsite parking and a large open grass area, offering a pleasant outdoor space for residents.  Currently operating at a 5.60% cap rate, the property demonstrates strong rental performance. Additionally, the seller is willing to offer private seller financing with attractive terms, creating a compelling opportunity for investors. This investment is located in Riverside, a city known for its strong tenant demand and robust real estate market. The area provides easy access to major transportation routes, including the 91 and 215 Freeways, and proximity to leading employment hubs and educational institutions such as UC Riverside and Riverside Community Hospital. Less than two miles from the property, residents enjoy a vibrant mix of attractions, including the Mission Inn Hotel & Spa, trendy restaurants like The Salted Pig and Le Chat Noir, and cultural venues such as the Riverside Art Museum and Fox Performing Arts Center. With its vibrant downtown, numerous parks, and top-rated schools, Riverside continues to attract a diverse tenant base, making 1813 & 1825 Loma Vista Street an outstanding investment opportunity in a high-demand rental market.