2 beds12 baths6,666 sqft$390/sqft
4412 Mission Inn Ave, Riverside, CA 92501
Est: $14,633/moGet pre-approved

Description

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...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.
LISTING UPDATED: 08/10/2026 10:06 AM

Property Details for 4412 Mission Inn Avenue

Status
MLS #
CV26174832
Days on Market
16
Pet Policy
-
Taxes
-
HOA Fees
-
Condo/Co-op Fees
-
Property Type
MLS Type
Residential Income / Res Income 2-4 Units
Year Built
1949
Parking Spaces Total
12
Private Pool
No
Cooling Type
Wall/Window Unit(s)
Total Units
12.0
Building Type
Attached
Lot Size Source
Assessor
Living Area
6666
Assessor Parcel Number
214-220-007
Property Attached YN
true
Common Walls
2+ Common Walls
New Construction
No
Average Studio Area Units
Square Feet
Average 1 Bed Area Units
Square Feet
Average 2 Bed Area Units
Square Feet
Average 3 Bed Area Units
Square Feet
Building Area Total
6666
Building Area Units
Square Feet
Stories Total
2
Entry Level
1
Fireplace
No
Pool
No
Association
No
Association Fee
$.00
Zoning
Assessor
Senior Community
No
Parcel Number
214220007
Area
Riverside (252)
Directions
Merge onto CA-60 E toward Riverside, Take exit 50 for Rubidoux Blvd, Turn right onto Rubidoux Blvd, Turn left onto Mission Blvd, Mission Blvd turns slightly right and becomes Mission Inn Avenue, Turn right onto Redwood Dr, Turn left

Location

Listing Courtesy of CB RICHARD ELLIS, Eric Chen, DRE #C32772
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Building Information for 4412 Mission Inn Avenue

Building/Complex4412 Mission Inn AveFloor-Stories2Residences-Pet Policy-Pet Policy Details-Year Built1949Building Size-

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$14,633 per month

30 year fixed, 6.55% Interest

Principal and Interest

$13,215

Property Taxes

$1,418

HOA Dues

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Property Information for 4412 Mission Inn Avenue

Income / Expense / Tax Details
Income Details
  • Gross Income: $234,979
  • Gross Scheduled Income: $234,979
  • Vacancy Allowance: 11749
  • Vacancy Allowance Rate: 5
  • Gross Operating Income: $223,230
  • Net Operating Income: $151,680
  • Laundry Income: $1,921
  • Other Income Description: Utility Reimbursement
  • Other Income 1: $5,728
  • Gross Multiplier: 11.06
  • Cap Rate: 5.83
Expense Details
  • Operating Expense: $71,551
  • New Taxes Expense: $28,846
  • Gardener Expense: $2,400
  • Fuel Expense: $299
  • Electric Expense: $779
  • Insurance Expense: $8,594
  • Maintenance Expense: $9,000
  • Professional Management Expense: $8,929
  • Other Expense: $2,400
  • Other Expense Description: Reserves
  • Trash Expense: $4,667
  • Water Sewer Expense: $2,703
  • Supplies Expense: $2,694
  • Total Expenses: $71,551
Tax / Assessment Info
  • Tax Tract Number: 030200
  • Tax Census Tract: 030200
  • Tax Lot: 2
Community / Development
Community / Development
  • Community Features: Curbs, Sidewalks
Property / Structure Info
Interior Features
  • Laundry: Yes
  • Laundry Features: Common Area
  • Fireplace Features: None
  • Fireplace Rooms: None
  • Cooling: Wall/Window Unit(s)
  • Heating Type: Wall Furnace
  • Heating: Wall Furnace
Exterior Features
  • Entry Location: 1
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Pool Heat: N/K
Land/Lot Info
  • Lot Features: 11-15 Units/Acre
  • Number Of Units: 12
  • Land Lease: No
  • Land Lease Type: Fee
  • Levels: Two
  • Water: Public
  • Sewer: Public Sewer
  • Water Source: Public
Parking Info
  • Garage Spaces: 12
  • Uncovered Spaces: 0
  • Open Other Spaces Total: 0
  • Parking Garage Spaces: 12
  • Carport Spaces: 0
Property / Structure Info
  • Residential Styles: Res Income 2-4 Units
Unit Information
Unit 1
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 0
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,425
  • Unit Type Total Rent: $34,200
  • Unit Type Pro Forma: 38400
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 8
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,599
  • Unit Type Total Rent: $153,530
  • Unit Type Pro Forma: 172800
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 2
  • Unit Type Beds Total: 1
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 1
  • Unit Type Garage Attached: No
  • Unit Type Actual Rent: $1,650
  • Unit Type Total Rent: $39,600
  • Unit Type Pro Forma: 43200
  • Unit Type Type: 3
Unit Information
  • Number Of Units Leased: 12
  • Rent Controlled: No
  • Number Of Buildings: 3
  • Number Of Separate Electric Meters: 12
  • Number Of Separate Gas Meters: 12
  • Number Of Separate Water Meters: 1

Property History for 4412 Mission Inn Avenue

DateEvent & SourcePriceAppreciation
Aug 10, 2026

Listed (Active)

CLAW #CV26174832MR

$2,600,000
Aug 10, 2026

Listed (Active)

SDMLS #CV26174832

$2,600,000
Aug 10, 2026

Listed (Active)

CRMLS #CV26174832

$2,600,000
DateEvent & SourcePrice
08/10/2026

Listed (Active)

CLAW #CV26174832MR

$2,600,000
08/10/2026

Listed (Active)

SDMLS #CV26174832

$2,600,000
08/10/2026

Listed (Active)

CRMLS #CV26174832

$2,600,000

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

Public Records for 4412 Mission Inn Avenue

Taxable ValueLand$329,075Additions$1,204,757Total$1,533,832
Tax Record2025$17,018 ($1,418 / month)
Home Facts
Total Finished SqFt5,822 SqFtAbove Grade Finished SqFt5,822 SqFtStories2Lot Size11,761 SqFtStyleMulti-Family Res (5+ Units)Year Built1949Year Renovated1952ZoningR1065CountyRIVERSIDEAPN214-220-007

Schools near 4412 Mission Inn Avenue

This home is within Riverside Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 6
Public - 7 to 8
Public - 9 to 12
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.

Similar Homes

4412 Mission Inn Avenue is a multi-family home for sale in Riverside, CA 92501. This property was listed for sale on August 10, 2026 by CB RICHARD ELLIS, it's currently listed at $2,600,000. It has been on the market for a total of 16 days and was last sold on May 15, 2019. This listing's school district is Riverside Unified School District. Nearby schools include Bryant Elementary School, Central Middle School and Polytechnic High School. 4412 Mission Inn Avenue is a 2-bed, 12-bath, 6,666 sqft multi-family home built in 1949.

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 CB RICHARD ELLIS, Eric Chen, DRE #C32772

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.