We are pleased to present 1806 Loma Vista Street, a well-maintained 16-unit garden-style courtyard property located in the thriving city of Riverside, California. This property offers spacious one-bedroom, one-bath units averaging 740 square feet each, with a total of 11,890 square feet of rental space. The property sits on a spacious lot with strong curb appeal, featuring a well-manicured landscape. Recent upgrades include a newer roof, upgraded copper plumbing, updated electrical panels, and fresh exterior paint. Tenants enjoy a large open courtyard layout, creating a comfortable and appealing living environment. Additional amenities include onsite laundry facilities, tenant storage areas, and covered parking. Based on current rents, Loma Vista offers a new investor the potential to capture approximately 34.75% in upside rental income. This investment is located in Riverside, a city known for its robust real estate market and strong tenant demand. Riverside offers a wide range of amenities and a highly accessible location, with convenient transportation links, including the 91 and 215 Freeways. This makes Riverside ideal for renters working in the Inland Empire's major employment centers and educational institutions, such as UC Riverside and Riverside Community Hospital. Less than two miles from the property are popular attractions like the Mission Inn Hotel & Spa, as well as trendy restaurants such as The Salted Pig, Le Chat Noir French Restaurant, and Craftz Lounge. Residents can also enjoy cultural destinations like the Riverside Art Museum and live entertainment at the Fox Performing Arts Center. With a vibrant downtown, numerous parks, and excellent local schools, Riverside continues to attract a diverse tenant base, making this property a promising investment in a high-demand rental market.
For sale
$3,150,000
1806 Loma Vista St, Riverside, CA 92507
16beds
16baths
11,895sqft
Est.:
Multi Family
Built in 1959
-- sqft lot
$-- Zestimate®
$265/sqft
$-- HOA
What's special
Updated electrical panelsNewer roofStrong curb appealFresh exterior paintUpgraded copper plumbingLarge open courtyard layoutSpacious one-bedroom one-bath units
- 243 days
- on Zillow |
- 238 |
- 9 |
Zillow last checked: 7 hours ago
Listing updated: June 10, 2025 at 05:46am
Listed by:
Oscar Diaz DRE # 02022902 213-999-2124,
Marcus & Millichap 310-909-5500
Source: CLAW,MLS#: 24-468157

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 16
Heating
- Other
Cooling
- Other
Interior area
- Total structure area: 11,895
- Total interior livable area: 11,895 sqft
Property
Parking
- Parking features: Other
Features
- Levels: Two
- Stories: 2
Lot
- Size: 0.43 Acres
Details
- Additional structures: None
- Special conditions: Standard
- Other equipment: Other
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Multi Family
Condition
- Year built: 1959
Community & HOA
Location
- Region: Riverside
Financial & listing details
- Price per square foot: $265/sqft
- Tax assessed value: $880,492
- Date on market: 12/3/2024
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