Listed by Eric Chen•DRE #01489184• CB RICHARD ELLIS
Contact: 626-757-5717
Contingent
$2,600,000
Est. $17,053/mo —
10
bd
•
12 ba
•
6,666
sq ft
4412 Mission Inn Ave, Riverside, CA 92501
About this home
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.
Make a winning offer with the help of a local agent
Around this home
Schools
K - 12
Preschool & daycare
Bryant Elementary School
Public K-6 • Assigned • 0.3mi
8/10
Central Middle School
Public 7-8 • Assigned • 1.0mi
4/10
Polytechnic High School
Public 9-12 • Assigned • 2.5mi
6/10
Provided by GreatSchools
About Seventh Street Historic
District
Seventh Street Historic District, located between Mission Inn Avenue and University Avenue, is a historic and walkable Riverside neighborhood with early-20th-century architecture and a leafy, porch-lined streetscape. The district’s character concentrates along Mission Inn Avenue by the Mission Inn Hotel & Spa, where sidewalk patios, galleries, and downtown foot traffic set the tempo. Craftsman bungalows and period revivals frame short blocks that lead toward the civic core and museum row. The Fox Performing Arts Center and Riverside Art Museum anchor the cultural calendar with concerts, exhibitions, and events. Fairmount Park adds lakeside paths and open lawns for a slower pace. Coffee counters and independent dining cluster nearby, keeping the streets active from morning through late evening.
Provided by Walk Score and Local Logic
Property details
Interior
Exterior
Finance
Interior features
Two-level building
Ground-level entry
Bedrooms
Multiple 1-bed units (unit counts listed under Multi-Unit information)
Additional Single-family Residential Zones (R-1-1/2 Acre, R-1-13000, R-1-10500, R-1-8500 and R-1-7000) are established to provide areas for single-family residences with a variety of lot sizes and housing choices.
Zone overlays
Seventh Street
Permitted uses
Include but are not limited to:
Agriculture
Greenhouse / nursery
Ranch
Housing-Group
Housing-Single unit
Housing-Other
Agriculture-Cropland
Agriculture-Grove / orchard / vineyard
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