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For sale
  • Listed by: CB RICHARD ELLIS • Eric Chen • Contact: 626-757-5717
    $2,600,000

    4412 Mission Inn Ave, Riverside, CA 92501

    10beds
    12baths
    6,666sqft
    : 
    $16,601/mo
    Get pre-qualified
    Multi Family
    Built in 1949
    -- sqft lot
    $-- Zestimate®
    $390/sqft
    $-- HOA

    What's special

    This asset is ideally situated within a short distance of Riverside Community Hospital, the iconic Mission Inn Hotel & Spa, and the Downtown Riverside Metrolink Station, placing tenants at the center of a thriving live-work-play environment. The Mission Inn Avenue Apartments sits on a ±11,761 square foot lot with a total building area of ±6,666 square feet. The property offers a diverse unit mix of two studios and ten 1-bedroom/1-bathroom units — eight original and two newly built ADUs — averaging 556 square feet. Renovated interiors feature tile and laminate plank wood flooring, updated kitchen and bathroom cabinetry, oven ranges with hoods, and updated fixtures. All units include wall air conditioning and heating, clothing closets, and cabinet storage. The property features 12 single-car garages, off-street parking, an on-site laundry facility, and lush, mature landscaping throughout. New roofs have been installed within the last five years, and a recently completed termite clearance further demonstrates the pride of ownership maintained throughout the asset. The property sits in the heart of Downtown Riverside — a thriving cultural and urban corridor with direct proximity to Mt. Rubidoux Park, the Fox Performing Arts Center, the Riverside Convention Center, and the Riverside Pedestrian Mall. The Downtown Riverside Metrolink Station is less than one mile away, providing direct connectivity to Los Angeles Union Station. Regional access is further supported by the 60, 91, and I-215 Freeways, making the property an ideal choice for commuters across the greater Inland Empire. Riverside's economy is anchored by healthcare, higher education, and public sector employment, with major employers including Riverside Community Hospital, UC Riverside, California Baptist University, Loma Linda University & Hospital, and the City of Riverside — sustaining consistent housing demand and a stable, creditworthy tenant pool. 4412–4430 Mission Inn Avenue is a stable, income-producing asset in one of Downtown Riverside's most sought-after residential corridors, offering investors exceptional stability and long-term value in a thriving urban market.
    30 days
    468
    11

    Zillow last checked:

    Listing updated:

    Listed by:

    Eric Chen DRE #01489184 626-757-5717,

    CB RICHARD ELLIS

    Source: CRMLS,MLS#: CV26174832MLS LogoOriginating MLS: California Regional MLS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 10
      • Bathrooms: 12
      Heating
      • Wall Furnace
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Laundry: Common Area
      Features
      • Has fireplace: No
      • Fireplace features: None
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 6,666
      • Total interior livable area: 6,666 sqft

      Property

      Parking
      • Total spaces: 12
      • Parking features: Garage
      • Garage spaces: 12
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: 1
      • Pool features: None
      Lot
      • Size: 0.27 Acres
      • Features: 11-15 Units/Acre
      Details
      • Parcel number: 214220007
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1949

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Curbs, Sidewalks
      Location
      • Region: Riverside

      Financial & listing details

      • Price per square foot: $390/sqft
      • Tax assessed value: $1,533,832
      • Date on market: 8/10/2026
      • Cumulative days on market: 30 days
      • Listing terms: Cash,Cash to New Loan
      • Total actual rent: 227330

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $2,887/mo

        Price history

        DateEventPrice
        8/12/2026Listed for sale$2,600,000+89.1%$390/sqft
        Source: CRMLS #CV26174832 Report a problem
        5/22/2019Sold$1,375,000$206/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026-- $1,533,832 +2%
        2025$17,018 +3.5%$1,503,758 +2%
        2024$16,450 +0.4%$1,474,274 +2%
        2023$16,379 +1.9%$1,445,368 +2%
        2022$16,080 +1.6%$1,417,028 +2%
        2021$15,829 +0.8%$1,389,244 +1%
        2020$15,705 +410.9%$1,375,000 +460.4%
        2019$3,074 +1.8%$245,346 +2%
        2018$3,019 +1.6%$240,536 +2%
        2017$2,971 $235,820 +2%
        2016$2,971 +7.6%$231,197 +1.5%
        2015$2,761 +0.9%$227,727 +2%
        2014$2,737 $223,269 +0.5%
        2013-- $222,262 +2%
        2012-- $217,905 +2%
        2011-- $213,633 +0.8%
        2010-- $212,038 -0.2%
        2009-- $212,544 +2%
        2008-- $208,378 +2%
        2007-- $204,293 +2%
        2006-- $200,288 +2%
        2005-- $196,362 +3.9%
        2003-- $188,986 +2%
        2002-- $185,281 +2%
        2001$2,122 +1.6%$181,649 +2%
        2000$2,088 $178,088
        Find assessor info on the county website

        Monthly payment

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        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
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        Climate risks

        Neighborhood: Downtown

        Getting around

        77 / 100
        Very Walkable
        42 / 100
        Some Transit
        68 / 100
        Bikeable

        Nearby schools

        GreatSchools rating

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