Listed by Winnie Tran •DRE #01170401 • AMG REAL ESTATE

Contact: 626-512-8220

For sale

$11,500,000

Est. $78,607/mo —

•

30,780

sq ft

1970 7th, Riverside, CA 92507

About this home

Multi-familyProperty Type

1979Year Built

1.05 acresLot Size

$374Price/Sq.Ft.

Listing updated: Sep 24, 2026 at 11:51am

Redfin checked: a minute ago

•Source:CRMLS #CV26208430

Payment calculator

$78,607 per month

Principal and interest$64,328

Property taxes

$11,979

HOA dues

Home insurance

$2,300

Utilities

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Open houses

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Around this home

Schools

K - 12
Preschool & daycare

Pachappa Elementary School

Public K-6 • Assigned • 2.3mi

6/10

Matthew Gage Middle School

Public 7-8 • Assigned • 2.9mi

5/10

John W. North High School

Public 9-12 • Assigned • 0.6mi

5/10

Provided by GreatSchools

About Madison

Square

Madison Square, located between Downtown Riverside and the University of California, Riverside, is a historic and residential Riverside neighborhood with early-20th-century bungalows and a leafy, grid-street calm. The neighborhood’s character concentrates around the Mission Inn Avenue and Market Street corridor, where sidewalk patios, galleries, and independent eateries set a steady daytime rhythm. Architectural details lean Craftsman and Spanish Revival, with deep porches and mature street trees shaping the streetscape. Cultural gravity comes from the Fox Performing Arts Center, the Riverside Art Museum, and the Mission Inn Hotel & Spa’s storied presence. Pocket parks and the nearby Santa Ana River Trail add a nature-forward counterpoint to the urban blocks. The feel is walkable and civic-minded, with coffee stops and performance nights punctuating the week.

Provided by Walk Score and Local Logic

Property details

Interior
Exterior
Finance

Interior features
Front door entry
Entry on first level

Bedrooms
One-bedroom units available (36 units)

Bathrooms
One full bathroom in unit types listed

Kitchen
Kitchen included (appliances not specified)

Laundry & utility
Community laundry
Property has laundry facilities

Sale and tax history for 1970 7th

Sale History
Tax History

Date

Event

Price

CRMLS #CV26208430

Sep 24, 2026

Price Changed

$11,500,000

$374/sq ft

Sep 23, 2026

Listed

$11,050,000

$359/sq ft

Public Records

May 28, 2015

Sold

$550,000

$18/sq ft

CRMLS #IV15057952

May 28, 2015

Sold

$5,500,000

$179/sq ft

Mar 19, 2015

Listed

$5,950,000

$193/sq ft

-97% Occupancy Building, Rental Comps Illustrate a 97% Occupancy Area, Financeable Asset, Strong Operating History, Competitive ProForma CAP of 6.32%, Conservative 5% Upside in Rents. The property, situated on a 1.05 acre lot, consists of eighty one units, divided into 48 studios & 33 one bedroom/one bathroom units. This is a three story apartment complex with a steel frame & concrete block construction. The apartment community features secure gated parking, security camera system, keypad/intercom entrance, new gazebo, BBQs, pet & social areas, trash chutes, as well as an onsite laundry room. The property has underwent recent improvements such as: a New roof, furnished leasing office, New ventilation windows, The repair of 5 central ventilation fans, New elevator controls & new elevator interior, Complete tent and fumigation of the entire building, Exterior painting of the building and surrounding fences, Complete landscaping, Interior painting of all hallways, laundry room, and common areas. The unit updates include: New interior paint and carpeting, Cabinet and bathroom repairs, New patio screens, doors and locks

SDMLS #301787206

May 28, 2015

Sold

$5,500,000

$179/sq ft

Mar 19, 2015

Listed

$5,950,000

$193/sq ft

Public Records

Jun 26, 2013

Sold

$3,100,000

$101/sq ft

Public Records

Aug 22, 1997

Sold

$792,000

$26/sq ft

Public Records

Aug 22, 1997

Sold

$252,000

$8/sq ft

Public Records

Nov 14, 1996

Sold

$909,000

$30/sq ft

Year

Property tax

Land + Additions

Assessment*

2025

$76,052 (+3.3%)

$1,201,844 + $5,408,325

$6,610,169

2024

$73,637 (−44.7%)

$1,201,844 + $5,408,325

$6,610,169

2023

$133,075 (+84.8%)

$1,178,279 + $5,302,280

$6,480,559

2022

$72,014 (+1.6%)

$1,173,000 + $10,557,000

$11,730,000

2021

$70,845 (+0.7%)

$1,132,526 + $5,096,387

$6,228,913

2020

$70,325 (+1.9%)

$1,110,320 + $4,996,458

$6,106,778

2019

$69,034 (+1.9%)

$1,098,936 + $4,945,226

$6,044,162

2018

$67,722 (+1.8%)

$1,077,389 + $4,848,261

$5,925,650

2017

$66,551 (+5.1%)

$1,035,555 + $4,659,997

$5,695,552

2016

$63,331 (+32.0%)

$1,035,555 + $4,659,997

$5,695,552

2015

$47,965 (+0.9%)

$1,015,250 + $4,568,625

$5,583,875

2014

$47,521 (+0.8%)

$919,154 + $3,230,600

$4,149,754

2013

$47,144 (+2.3%)

$919,154 + $3,230,600

$4,149,754

2012

$46,103 (+1.4%)

$341,076 + $3,775,431

$4,116,507

2011

$45,445 (+0.7%)

$334,389 + $3,701,403

$4,035,792

2010

$45,114

$327,833 + $3,628,827

$3,956,660

2009

$45,091 (+3.5%)

$325,384 + $3,601,707

$3,927,091

2008

$43,572

$326,158 + $3,610,264

$3,936,422

Public record

Public record
Zoning

Beds

—

Baths

—

Stories

—

Lot width

—

Lot depth

—

Lot size

1.05 Acres

Year renovated

—

Finished Sq. Ft.

—

Unfinished Sq. Ft.

—

Total Sq. Ft.

—

Year built

—

Style

Multi-Family (5+ Unit)

County

Riverside County

APN

211175007

Parking Spaces

—

Basement

—

Accessible

—

HOA Dues

—

Garage

—

Features

—

Last updated by owner on Aug 24, 2026.

R-1-7000

Single Family Residential Zone

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.

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...
1 week ago • Riverside
Mayra Nicolas
Redfin agent
49 deals
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Climate risks

1/10 Flood Factor

Minimal risk of a flood reaching the building in the next 30 years

2/10 Fire Factor

0.00% chance of being in a wildfire in next 30 years

8/10 Heat Factor

7 days above 102° expected this year, 19 days in 30 years

1/10 Wind Factor

Minimal risk of severe winds over next 30 years

10/10 Air Factor

27 unhealthy days expected this year, 32 days in 30 years

Provided by First Street

Historical weather

Riverside, CA • 92507

Average low and high temperatures (°F)

Jan

Feb

Mar

Apr

May

Jun

Jul

Aug

Sep

Oct

Nov

Dec

Sun exposure

In this area, properties receive around 10 hours in June and 7 hours in December, placing it above the U.S. average for solar exposure.

10 hrs

7 hrs

JuneDecember

Provided by Shadowmap

Redfin Estimate for 1970 7th

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Details provided by CRMLS and may not match the public record. Learn more.

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GreatSchools Ratings provided by GreatSchools.org.

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About this home

Payment calculator

Affordability tools

See this home in person

Nearby open houses (10)

Around this home

Schools

Property details

Sale and tax history for 1970 7th

Public record

Local insights from Redfin agents

Climate risks

Historical weather

Sun exposure

Redfin Estimate for 1970 7th

Early Access listings

Nearby similar homes

New listings for sale in 92507

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