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Back 3060 Panorama Rd
Off Market

3060 Panorama Rd

Riverside CA 92506

7
6
2.59 ac.
Multi-Family
Last sold for $3,300,000
ERIC CHENERIC CHEN, last sold this property on 05 June 2025 after -27 days on market.

Overview

We are proud to present an exceptional opportunity to acquire a unit 12-Unit multifamily property located at 3060 Panorama Road in the city of Riverside. Running adjacent to the 91 Freeway, off of Central Avenue and Ivy Street, the property consists of 14,529 SF of rentable square feet and is situated on a generous 112,820 SF hillside lot. The property boasts mature landscaping with lovely mountain views, and onsite carport and surface parking. The units are spacious with an average size of 1,211 SF and feature upgraded fully equipped kitchens with electric stoves and oven ranges, dishwashers, in-unit washer and dryer hook-ups, horizontal blinds, AC/heating, modern fixtures, large walk-in closets, spacious patios or balconies, and a combination of stylish plank wood and carpet flooring throughout. 3060 Panorama Road offers a central location with convenient access to the Metrolink Downtown Riverside Commuter Rail Station. The property is also close to shopping centers, theaters, restaurants, and trendy shops, catering to diverse needs and providing excellent entertainment options. The Inland Empire, and Riverside in particular, presents a compelling opportunity for multifamily investors seeking portfolio expansion. Riverside benefits from a robust and growing workforce, anchored by the presence of major regional distribution centers. These hubs of commerce attract a consistent influx of new residents seeking employment, creating a reliably strong and stable demand for rental housing. The areas economic foundation, driven by logistics and distribution, provides a level of st

Features

7 bedrooms
6 bathrooms
2.59 ac. lot size
Multi-Family

Estimated Value

We need at least 3 similar 7 bedroom multi families sold in Riverside over the last 12 months.

Property history for 3060 Panorama Rd

2025
Sold
$3,300,000
05 Jun 2025 by ERIC CHEN, of CB RICHARD ELLIS
2013
Sold
$287,935
29 Jul 2013

Happy sellers in Riverside

74%
74% of sellers in Riverside reported that their sale price either exceeded or met their price expectations.

Riverside stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 9 reviews in Riverside over the last 12 months.

Local market activity for 7 bedroom multi families in Riverside

In the last 12 months, 1 seven-bedroom multi family similar to 3060 Panorama Rd, have been sold.

This represents a 100% decrease in seven-bedroom multi families sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Riverside

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NAOMI ARANDA

NAOMI ARANDA is a recommended agent for Riverside.  They have 5 local sales and collected 4 local reviews across the last 12 months.

  •   5   (5 reviews)
  •  4 Reviews in Riverside
  •  5 Sales in Riverside
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Vince Lacambra

Sellers who recommend Vince Lacambra have praised them for being local expert and responsive

  •   5   (31 reviews)
  •  2 Reviews in Riverside
  •  2 Sales in Riverside
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Jamie Durity

Sellers who recommend Jamie Durity have praised them for being local expert, clear communication, dedicated, supportive, hard-working, reliable, and well-prepared

  •   5   (48 reviews)
  •  2 Reviews in Riverside
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MATT FILLIPPELLI

MATT FILLIPPELLI is a recommended agent for Riverside.  They have 2 local sales and collected 1 local review across the last 12 months.

  •   5   (1 review)
  •  1 Review in Riverside
  •  2 Sales in Riverside
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