Active

1480 7th Street

Riverside, CA 92507
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Bed 0

Bed

Bath 0

Bath

SqFt22,576

Sqft

SqFt35,719

Sqft(Lot)

$400,000 Price Reduction. Built in 1977, The Normandy Apartments consist of approximately 22,798 of rentable square feet and is in good condition since the current ownership has made several recent signi?cant renovations to the interiors & exteriors. The balanced unit mix consists of 3 bedroom, 2 bedroom, and 1 bedroom units. The property is situated on approximately 0.82 acres of land that include tuck under parking, open on-site parking in addition to the street parking. The property is also separately metered for gas and electric with a community laundry rooms & sparkling pool. Select units have been tastefully remodeled with new ?ooring, windows, cabinets, stove, microwave, countertops, sink, toilet, vanity, shower, AC, recessed lighting, and ceiling fans throughout. Most of the “heavy lifting” is complete and should appeal to an investor looking for a turnkey asset surrounded by tremendous job opportunity and 10% realistic rental upside.

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Detail Ic Property Details

Property Type : Residential Income

Price : $5,595,000

AD Id : 74175703

MLS Id : OC26008212

Lot Size : 35,719 Sqft

Living Area Size : 22,576

Year Built : 1971

Garage : 25

County : Riverside

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Map

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Feature Features

  • Water/Sewer

    Water Source: Public Sewer: Public Sewer
  • Interior Features

    Fireplace: None
  • Heating Source

    None Has Heating

    Fireplace

    Fireplace Features: None Has Fireplace: 0

  • Building Information

    Year Built: 1971 Building Area Total: 22,576
  • Pool Features

    Community

    Laundry Features

    Common Area

  • Lot Details

    Lot Dimensions Source: Vendor Enhanced Lot Size Acres: 0.82
  • Lot Size Source: Assessor Lot Size Square Feet: 35719

  • Listing Price Information

    Original List Price: 5,595,000 Listing Contract Date: 2026-01-09
  • Lease Information

    Listing Agreement: Exclusive Right To Sell

  • Tax Information

    Parcel Number: 250190014

  • Garage and Parking

    Garage Description: Assigned

    Homeowners Association

  • Rental Info

    Lease Term: Negotiable Tenant Pays: Cable TV,Electricity,Gas

  • Other Property Info

    Source Listing Status: Active Source Neighborhood: 699 - Not Defined Directions: 1 mile east of 91 Fwy & University Source Property Type: Residential Income Area: 699 - Not Defined Property SubType: Apartment
  • Building and Construction

    Property Age: 55 Common Walls: 2+ Common Walls Structure Type: Apartment Year Built Source: Public Records Entry Level: 1 Entry Location: Street Property Attached: Yes Levels or Stories: Two Building Total Stories: 2
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
7102 Olive Grove Street, Riverside, CA, 92507 $499,999 3 2 1,567 1,567 SqFt
7395 Olive Grove St, Riverside, CA, 92507 $407,500 2 2 848 848 SqFt
1195 W Spring Street, Riverside, CA, 92507 $885,000 -- -- 3,264 3,264 SqFt
375 Central Avenue #83, Riverside, CA, 92507 $339,000 1 1 740 740 SqFt
421 Devener, Riverside, CA, 92507 $1,615,000 -- -- 5,712 5,712 SqFt
1110 W Blaine Street #102, Riverside, CA, 92507 $365,000 2 2 840 840 SqFt
1110 W Blaine #107, Riverside, CA, 92507 $370,000 2 2 840 840 SqFt
585 Via Pueblo, Riverside, CA, 92507 $748,000 3 3 2,336 2,336 SqFt
1136 W Blaine Street #203, Riverside, CA, 92507 $249,000 -- 1 489 489 SqFt
5050 Canyon Crest, Riverside, CA, 92507 $440,000 2 2 1,302 1,302 SqFt

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ByOwner last updated this listing 06/04/2026 @ 17:36

MLS: OC26008212 LISTED BY: Jonathan Mitchell, Kidder Mathews of California, Inc 949-557-5000 SOURCE: CRMLS

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