Panorama Gardens resides on a residential street that affords ingress from the community. There are other similar properties on the street. This property is surrounded by single family residents. The back foothills give the feeling of a forest type atmosphere even though its just minutes from the downtown civic center. The community is very quiet and secluded. The property features studios, ones and two bedroom units. Also included is a pool and laundry room. The parking is all carports. The building has great access to shopping, schools and much much more!
Multi-familyProperty Type
1972Year Built
1.58 acresLot Size
$67Price/Sq.Ft.
35 spacesParking
Listed by DOUGLAS MCCAULEY•DRE #01155706• MARCUS & MILLICHAP
Bought with DOUGLAS MCCAULEY•DRE #01155706• MARCUS & MILLICHAP
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Beds
—
Baths
—
Stories
2
Lot width
—
Lot depth
—
Lot size
1.58 Acres
Year renovated
1964
Sq. Ft.
—
Year built
1964
Style
Multi-Family (5+ Unit)
County
Riverside County
APN
219250001
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Aug 8, 2026.
R-3-1500
High-Density Residential Zone
High-Density Residential Zones (R-3-2500, R-3-2000 and R-3-1500) are established to provide areas for multiple family residences, including such residential development types as apartments, town homes, condominiums, and tiny homes (foundation) in tiny home communities, and single-family homes in a Small Lot Subdivision Planned Residential Development.
Permitted uses
Include but are not limited to:
Housing-Group
Housing-Single unit
Housing-Multiple units
Housing-Other
Property details
Parking
Parking / Garage Information
# of Carport Spaces: 35
# of Parking Spaces: 35
Interior
Interior Features
Levels: Two
Unit Type 1 Information
Unit Key Numeric: 986582
Listing Key Numeric: 4583644
Actual Rent: $550
Area Units: Square Feet
Total # of Baths: 1
Total Rent: $1,745
Total # of Units: 3
Unit Type 2 Information
Unit Key Numeric: 986583
Listing Key Numeric: 4583644
Actual Rent: $650
Area Units: Square Feet
Total # of Baths: 1
Total # of Beds: 1
Total Rent: $5,625
Total # of Units: 8
Unit Type 3 Information
Listing Key Numeric: 4583644
Unit Key Numeric: 986584
Actual Rent: $825
Area Units: Square Feet
Total # of Baths: 2
Total # of Beds: 2
Total Rent: $20,180
Total # of Units: 24
Multi-Unit Information
Net Operating Income: $107,830
Total Building Area: 26,200
Gross Spendable Income: $251,450
Gross Scheduled Income: $334,100
Gross Multiplier: 5.29
Gross Income: $27,550
# Of Leased Units: 26
# Of Separate Water Meters: 35
# Of Separate Gas Meters: 35
# Of Separate Electric Meters: 35
# Of Buildings: 5
Vacancy Allowance Rate: 25
Vacancy Allowance: 82650
Exterior
Lot Information
Lot Size Source: Assessor's Data
Property Information
Total # of Units: 35
Parcel Number: 219250001
Financial
Lease / Rental Details
Operating Expense: $143,620
Total Actual Rent: $251,450
Location
Location Information
Latitude: 33.96303200
Longitude: -117.37798600
Other Subdivision Name: OTHR
Subdivision Name: OTHR
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: 2.0
Lot Size: 1.58 acres
Style: Multi-Family (5+ Unit)
Year Built: 1964
Year Renovated: 1964
County: Riverside County
APN: 219250001
Home facts updated by county records on Aug 8, 2026
Other
Listing Information
Days Active in MLS: 15
Continuous Days Active in MLS: 15
Listing Agent Information
List Agent First Name: DOUGLAS
List Agent Last Name: MCCAULEY
Listing Office Information
List Office Name: MARCUS & MILLICHAP
Selling Agent Information
Buyer Agent First Name: DOUGLAS
Buyer Agent Last Name: MCCAULEY
Selling Office Information
Buyer Office Name: MARCUS & MILLICHAP
Around this home
Schools
Alcott Elementary School
Public K-6 • Assigned • 1.0mi
4/10
Central Middle School
Public 7-8 • Assigned • 0.7mi
4/10
Polytechnic High School
Public 9-12 • Assigned • 0.9mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
Riverside offers a great variety of areas to explore, from the historic charm of Downtown and the Wood Streets to the University area and newer neighborhoods like OrangeCrest. Buyers will also find local favorites such as Mount Rubidoux, Victoria...
Avenue, parks, restaurants, and plenty of outdoor spa