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5824 Persepolis

Riverside, CA 92505
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Bed 12

Bed

Bath 9

Bath

SqFt77,102

Sqft(Lot)

Located at 5832-5834 Norwood Avenue, 5816-5853 Persepolis Court, and 10663-10665 Alborz Court, this portfolio is ideally situated near Kaiser Permanente Riverside Medical Center, La Sierra University, and the Galleria at Tyler, placing residents within minutes of the region's most prominent healthcare, education, and retail destinations with direct connectivity via the 91, 60, 15, and I-215 Freeways. Available for purchase together or separately, each duplex is individually parceled across seven lots. The 14-Unit Portfolio spans seven individually parceled lots totaling ±77,102 square feet with ±25,280 square feet of rentable area. Built in 2024 and 2026, each two-story townhome-style duplex averages 1,863 square feet. The unit mix includes four 3-bedroom/2.5-bathroom homes at 1,603 SF, eight 4-bedroom/2.5-bathroom homes at 1,950 SF, and two 5-bedroom/3-bathroom units at 2,034 SF. Every residence features an open-concept layout with high ceilings and abundant natural light, a designer kitchen with center island, quartz countertops, custom self-closing cabinetry, and stainless steel appliances. Additional interior features include luxury vinyl flooring, recessed lighting, ceiling fans, walk-in pantry, walk-in closets, and dual vanities in the primary suite. Each home includes an upper-level laundry room with washer and dryer, central HVAC, and solar energy systems. Exteriors include attached two-car garages, private front and rear yards with patios, and decomposed granite landscaping maintained across all three sites. Situated in southwest Riverside's established La Sierra Acres neighborhood, the portfolio offers suburban tranquility with exceptional regional connectivity. Retail and lifestyle amenities anchored by the Galleria at Tyler and Castle Park enhance resident quality of life, while the La Sierra Metrolink Station (3.7 miles) provides direct transit to LA Union Station. Riverside's major employers — Kaiser Permanente, Riverside Community Hospital, UC Riverside, and Collins Aerospace — drive robust rental demand, reinforcing long-term market stability. This 14-Unit Portfolio is a stable asset in one of Southwest Riverside's most supply-constrained neighborhoods. Whether you are a first-time investor seeking a turnkey entry into the Inland Empire multifamily market or a seasoned investor adding institutional-quality new construction to your portfolio, this is a rare opportunity to acquire a purpose-built, modern asset.

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Detail Ic Property Details

Property Type : ResidentialIncome

Price : $8,400,000

AD Id : 89183853

MLS Id : CV26172324

Beds : 12

Lot Size : 77,102 Sqft

Year Built : 2026

Garage : 28

County : Riverside

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Feature Features

  • Interior Features

    CeilingFans, QuartzCounters, RecessedLighting
    Appliances: Dryer, Washer
  • Heating & Cooling

    Has Heating: Yes Heating: Central Has Cooling: Yes Cooling: CentralAir

  • Building Information

    Year Built: 2026
    Building Area Total: 25280
    Stories: 2
    Pool Features: None
    Private Pool: No

  • Lot Information

    Main Square Feet: 77102 Lot Size Acres: 1.77 Lot Size Source: Assessor Lot Size Square Feet: 77,102 Lot Description: ElevenToFifteenUnitsAcre

  • Listing Price Information

    Listing Price: $8400000
    Cash, CashToNewLoan

  • Tax Information

    Parcel Number: 150140028 Tax Lot: 2

  • Parking Information

    Parking Total: 42 DoorMulti, Garage

    Garage Information

    Has Garage: Yes Garage Space: 28

  • Location Information

    Direction: Turn left onto Pedley Ave, Turn right onto Eighth St, Turn left onto California Ave, Turn right onto North Dr, Continue onto Arlington Ave, Turn right onto La Sierra Ave, Turn left onto Campbell Ave, Turn left onto Stover Ave WaterSource: Public
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ByOwner last updated this listing 08/07/2026 @ 08:23

MLS: CV26172324 LISTED BY: Eric Chen, CB RICHARD ELLIS 909-418-2000 SOURCE: CRMLS

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