5824 Persepolis, Riverside, CA 92505
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5824 Persepolis, Riverside, CA 92505
5824 Persepolis, Riverside, CA 92505
5824 Persepolis, Riverside, CA 92505
5824 Persepolis, Riverside, CA 92505
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Kim And Raquel - Good Day Home Team

Kim And Raquel - Good Day Home Team

+1(661) 373-6597
$ 8,400,000
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5824 Persepolis Riverside, CA 92505

1.77 Acres Lot


UPDATED:

Key Details

Property Type Apartment

Sub Type Apartment

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV26172324

HOA Y/N No

Year Built 2026

Lot Size 1.770 Acres

Property Sub-Type Apartment

Property Description

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.

Location

State CA

County Riverside

Area 252 - Riverside

Interior

Interior Features Ceiling Fan(s), Quartz Counters, Recessed Lighting

Heating Central

Cooling Central Air

Flooring Vinyl

Fireplace No

Appliance Dryer, Washer

Exterior

Parking Features Door-Multi, Garage

Garage Spaces 28.0

Garage Description 28.0

Pool None

Community Features Curbs, Street Lights, Sidewalks

Total Parking Spaces 42

Private Pool No

Building

Lot Description 11-15 Units/Acre

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

New Construction Yes

Others

Senior Community No

Tax ID 150140028

Acceptable Financing Cash, Cash to New Loan

Listing Terms Cash, Cash to New Loan

Special Listing Condition Standard


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Listed by Eric Chen CB RICHARD ELLIS 626-757-5717
Kim And Raquel - Good Day Home Team
Kim And Raquel - Good Day Home Team

Agent | License ID: 01165332/370499

+1(661) 373-6597 | kimthurman365@gmail.com

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5824 Persepolis