4228 10th Street

Off Market

4228 10th Street

Riverside CA 92501

0.18 ac.

Multi-Family

Last sold for $960,000

Kristopher German, last sold this property on 29 July 2025 after 28 days on market.

Overview

Now available, a well-maintained 4-unit multi-family property offering a solid investment opportunity in a desirable location. The unit mix includes two spacious single-level 2-Bedroom/1-Bath units and two 1-Bedroom/1-Bath units, totaling 2,600 square feet of rentable space on a 7,840 square foot lot. Each unit is separately metered for electricity and gas, while the owner pays for water and trash. The property features updated electrical systems and tenant-friendly amenities including garage parking and an onsite laundry facility, enhancing tenant convenience and retention. With a current **11.8 GRM** and **6.3% CAP rate**, this asset offers immediate cash flow and long-term upside for investors. The owner is in the process of updating the roof on the front structure. This property can be purchased together with the adjoining 4-unit property at **4250 10th Street**, offering a rare chance to acquire 8 total units side by side. This is an excellent opportunity for investors looking to expand their portfolio with a desirable asset in a strong rental market.

Features

6 bedrooms

4 bathrooms

0.18 ac. lot size

Multi-Family

Estimated Value

Based on this property and similar 6 bedroom multi families sold in Riverside over the last 12 months, the estimated median property value of 4228 10th Street is $850k.

Median value

$850k

Estimated value range

$763k - $27.3m

Median days on market

Estimated value trend

11%

increase over the last 12 months

Average days on market is based on recent, comparable sales in Riverside. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 4228 10th Street

2025

Sold

$960,000

29 Jul 2025 by Kristopher German, of RE/MAX 2000 REALTY

2022

Sold

$1,020,112

17 Jun 2022 by Ken Ishiki, of Lyon Stahl Investment Real Estate

2021

Sold

$1,250,000

21 Jan 2021 by Ken Ishiki, of Lyon Stahl Investment Real Estate

Happy sellers in Riverside

97%

97% 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 6 reviews in Riverside over the last 12 months.

Local market activity for 6 bedroom multi families in Riverside

In the last 12 months, 4 six-bedroom multi families similar to 4228 10th Street, have been sold.

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

Sold

For Sale

Interested in selling?

People are reaching out to these agents in Riverside for a market analysis.

FERNANDO CAPACETE

(64 reviews)

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Rebecca Gonzalez

at Cochran R. E. Professionals

(6 reviews)

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Sandy Rodriguez

at Berkshire Hathaway HomeServices California Properties (Yorba Linda, 92887)

(36 reviews)

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Sandy Tscherednikov

at Intero Real Estate Services

(1 review)

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Nearby agents

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

FERNANDO CAPACETE

Sellers who recommend FERNANDO CAPACETE have praised them for being local expert, responsive, supportive, clear communication, trustworthy, honest, and dedicated