Back 4830 Palm Ave
Off Market

4830 Palm Ave

Riverside CA 92506

6
6
21850 sq. ft.
Multi-Family
Last sold for $5,645,000
Chris KeramatiChris Keramati, last sold this property on 13 February 2026 after 127 days on market.

Overview

We are pleased to present the Palm Vista Apartments, a 24-unit multifamily property situated on over half an acre in Riverside, CA. The community consists primarily of spacious two- and three-bedroom units arranged around a landscaped outdoor courtyard. Located directly across from Ryan Bonaminio Sports Park and adjacent to the Historic Woods District, the property offers residents a quiet yet well-connected living experience. Units feature central A/C, electric cooking, individual electric meters and water heaters, with most units offering large patios or balconies. Common area amenities include a laundry facility, covered parking with secure storage, and a barbecue and picnic area. Additionally, the property provides a 2:1 parking ratio with 24 covered parking with storage and 23 open parking spaces. With a cap rate of 6.6% on market rents, Palm Vista Apartments presents a compelling, income-producing investment opportunity. (The Studio is Non-Conforming. Buyer to Verify Unit Mix)

Features

6 bedrooms
6 bathrooms
21850 sq. ft. lot size
Multi-Family

Estimated Value

We need at least 3 similar 6 bedroom multi families sold in Riverside over the last 12 months.

Property history for 4830 Palm Ave

2026
Sold
$5,645,000
13 Feb 2026 by Chris Keramati, of Triqor Group
2015
Sold
$393,006
09 Apr 2015

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 6 bedroom multi families in Riverside

In the last 12 months, 1 six-bedroom multi family similar to 4830 Palm Ave, have been sold.

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