4250 Tenth St

Riverside, CA 92501

$925,000
Last Sold Price
5
Beds
4
Baths
2,210 Sq. Ft.
$419 / Sq. Ft.
2,210
Sq. Ft.
$419
per Sq. Ft.
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Closed 7/29/25
Closed 7/29/25
a front view of a house with a yard

Description

Just listed and ideally located just minutes from Downtown Riverside, this well-maintained four-unit multifamily property offers investors immediate cash-flow with a strong 7.17% CAP Rate and a 10.75 grm . The building features an ideal and versatile unit mix, including one 2-Bedroom/1-Bath two-story Townhouse, one 2-Bedroom/1-Bath flat, one 1-Bedroom/1-Bath unit, and a Studio apartment—providing a diverse range of rental options for prospective tenants. The property offers 2,210 square feet of rental...Just listed and ideally located just minutes from Downtown Riverside, this well-maintained four-unit multifamily property offers investors immediate cash-flow with a strong 7.17% CAP Rate and a 10.75 grm . The building features an ideal and versatile unit mix, including one 2-Bedroom/1-Bath two-story Townhouse, one 2-Bedroom/1-Bath flat, one 1-Bedroom/1-Bath unit, and a Studio apartment—providing a diverse range of rental options for prospective tenants. The property offers 2,210 square feet of rental space on a 7,840 square foot lot and is separately metered for electricity and gas, ensuring streamlined utility management. Tenants enjoy convenient amenities such as garage parking for each unit and access to an onsite laundry facility, enhancing tenant satisfaction and long-term retention. The owner is in the process of updating the electrical sub-panels as well as the roof on the front structure. With its strong in-place income, solid unit mix, and highly desirable location near shops, restaurants, and transit in Downtown Riverside, this is a rare opportunity for both new and experienced investors seeking a stabilized asset with immediate returns and long-term upside. This property can be purchased together with the adjoining 4-unit property at 4228 10th Street , offering a rare chance to acquire 8 total units side by side. This is an excellent opportunity for investors looking to expand their portfolio with a desirable asset in a strong rental market.
  1. Listed by Kristopher German • DRE #01800021 • Brokerage DRE #01264629 • RE/MAX 2000 REALTY • 909-645-0443

Property Details for 4250 Tenth Street

View
None
Parking Spaces Total
4
Private Pool
No
Cooling Type
Wall/Window Unit(s)
Total Units
4.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
2210
LISTING CLOSED: 07/29/2025 12:00 AM

Property Details for 4250 Tenth Street

StatusClosed
MLS #CV25102575
Days on Market48
Pet Policy-
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income / Res Income 2-4 Units
Year Built1941
CountyRiverside County
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Location

Listing Courtesy of RE/MAX 2000 REALTY, Kristopher German, DRE #01800021

Sold By Pacific Avenue Realty, Prashant Sampat, DRE #01916221

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Building Information for 4250 Tenth Street

Building/Complex4250 Tenth StFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1941Building Size-

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$5,731 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,609

Property Taxes

$1,122

HOA Dues

$0

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Property Information for 4250 Tenth Street

Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $88,392
  • Gross Scheduled Income: $88,392
  • Vacancy Allowance: 2652
  • Gross Operating Income: $85,740
  • Net Operating Income: $67,545
  • Number Of Rented Garages: 4
  • Laundry Income: $43
  • Gross Multiplier: 10.75
  • Cap Rate: 7.11
  • Current Financing: None
  • Financing: Cash To Existing Loan
Expense Details
  • Operating Expense: $18,196
  • New Taxes Expense: $11,130
  • Fuel Expense: $750
  • Electric Expense: $21
  • Insurance Expense: $1,500
  • Trash Expense: $897
  • Water Sewer Expense: $897
  • Total Expenses: $18,196
Tax / Assessment Info
  • Tax Block: 10
  • Tax Tract Number: 004
  • Tax Census Tract: 302.00
  • CFD/Mello-Roos Fee: $218
  • Tax Lot: 071
Community / Development
Community / Development
  • Assessments YN: No
  • Assessments: None
  • Community Features: Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
Exterior Features
  • Roof: Shingle
  • Entry Location: 1
  • Fence: Yes
  • Fencing: Brick
  • View Description: None
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
  • Spa Features: None
  • Spa Heat: N/K
Land/Lot Info
  • Lot Features: 0-1 Unit/Acre
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: Access Road
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Utilities: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Electric: Electricity Available, Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public
Parking Info
  • Garage Spaces: 4
  • Parking: Yes
  • Parking Garage: Assigned
  • Parking Garage Spaces: 4
  • Carport Spaces: 0
  • Parking Features: Assigned
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,873
  • Unit Type Total Rent: $1,873
  • Unit Type Pro Forma: 2250
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $2,190
  • Unit Type Total Rent: $2,190
  • Unit Type Pro Forma: 2195
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,600
  • Unit Type Total Rent: $1,600
  • Unit Type Pro Forma: 1795
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,660
  • Unit Type Total Rent: $1,660
  • Unit Type Pro Forma: 1695
  • Unit Type Type: 4
Unit Information
  • Rent Controlled: Yes
  • Number Of Buildings: 2
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1

Property History for 4250 Tenth Street

DateEvent & SourcePriceAppreciation
Jul 29, 2025

Sold

CLAW #CV25102575MR

$925,000—
Jul 29, 2025

Sold

SDMLS #CV25102575

$925,000—
Jul 29, 2025

Sold

CRMLS #CV25102575

$925,000—
DateEvent & SourcePrice
07/29/2025

Sold

CLAW #CV25102575MR

$925,000
07/29/2025

Sold

SDMLS #CV25102575

$925,000
07/29/2025

Sold

CRMLS #CV25102575

$925,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 4250 Tenth Street

Taxable ValueLand$206,935Additions$987,161Total$1,194,096
Tax Record2025$13,468 ($1,122 / month)
Home Facts
Total Finished SqFt2,210 SqFtAbove Grade Finished SqFt2,210 SqFtStories2Lot Size7,840 SqFtStyleQuadraplexYear Built1941ZoningR106CountyRIVERSIDEAPN215-071-004

Schools near 4250 Tenth Street

This home is within Riverside Unified School District.
Rating
School
Type
Grades
Distance
Bryant Elementary School
Public - K to 6
Central Middle School
Public - 7 to 8
Polytechnic High School
Public - 9 to 12
Riverside Virtual School
Public - K to 12
Rating
School
Distance
Bryant Elementary School
PublicK to 6

Central Middle School
Public7 to 8

Polytechnic High School
Public9 to 12

Riverside Virtual School
PublicK to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of RE/MAX 2000 REALTY, Kristopher German, DRE #01800021

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.