4562 Orange St

2
Baths
3,944 Sq. Ft.
$446 / Sq. Ft.
3,944
Sq. Ft.
$446
per Sq. Ft.

Description

We are pleased to present 4562 Orange Street, an 8-unit multifamily property located near Downtown Riverside. Just one block from Magnolia Avenue and 14th Street, this well-maintained asset offers historic charm, excellent curb appeal, and strong tenant appeal in one of Riverside's most walkable and in-demand neighborhoods. Situated on a 13,504 sq. ft. lot, the property features a single structure with a secured main entry. The layout includes four studio units in the front and four one-bedroom units...We are pleased to present 4562 Orange Street, an 8-unit multifamily property located near Downtown Riverside. Just one block from Magnolia Avenue and 14th Street, this well-maintained asset offers historic charm, excellent curb appeal, and strong tenant appeal in one of Riverside's most walkable and in-demand neighborhoods. Situated on a 13,504 sq. ft. lot, the property features a single structure with a secured main entry. The layout includes four studio units in the front and four one-bedroom units in the rear. The front units offer private entrances and hallway access, while a grassy front yard and ample on-site parking provide added comfort and convenience for residents. The property also features a newer roof, providing added durability and reducing maintenance needs. Currently operating at a 5.82% cap rate and 11.52 GRM, the property delivers stable in-place income with room for modest rent growth. The unit mix and location appeal to students, professionals, and long-term tenants looking for well-located, quality housing. Walking distance to Riverside City College and less than 10 minutes from UC Riverside, the property also benefits from proximity to key employment centers, retail, and cultural landmarks such as the Mission Inn Hotel & Spa, Cheech Marin Center, Mount Rubidoux Park, and California Citrus State Historic Park. Easy access to the 91 and 215 Freeways enhances tenant mobility and supports long-term rental demand. 4562 Orange Street presents a strong opportunity for investors seeking a clean, income-generating asset in one of Riverside's most established submarkets.
  1. Listed by Oscar Diaz • DRE #02022902 • Brokerage DRE #01238010 • Marcus & Millichap

Property Details for 4562 Orange Street

Zoning
R3
Parcel Number
219033004
Total Units
8.0
Living Area
3944
Source Living Area
Assessor
Area
Riverside (252)
Vacancy Rate
0
Lot Size Area
13504
LISTING CLOSED: 10/29/2025 12:00 AM

Property Details for 4562 Orange Street

StatusSold
MLS #25532143
Days on Market173
Taxes-
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeResidential Income
Year Built1926
Lot Size0.31 AC / 13,504 SF
CountyRiverside County

Location

Listing Courtesy of Marcus & Millichap, Oscar Diaz, DRE #02022902

Sold By Compass, Maggie Ding, DRE #01414326; Compass, Gina Delahoussaye, DRE #01456847

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Building Information for 4562 Orange Street

Stories2Residences-Year Built1926Building Size-Lot Size0.31 AC / 13,504 SF

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage1

$9,229 per month

30 year fixed, 6.36% Interest

Principal and Interest

$8,770

Property Taxes

$459

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

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Property Information for 4562 Orange Street

Community / Development
Community / Development
  • Number Of Units: 8
  • Senior Community: No
Structure Info
Structure Info
  • Year Built Source: Vendor Enhanced
  • Number Of Stories: 2
  • Number Of Buildings: 1
  • Type Of Units: 0
Contract Info
Contract Info
  • Disclosures: None
  • Listing Type: Exclusive Agency
  • Service Level: Full Service
Income & Expenses Information
Income & Expenses Information
  • Scheduled Actual: Actual
  • Gross Operating Income: $151,204
  • Net Operating Income: $104,451.00
  • Gross Income: $151,204
  • Cap Rate: 5.82%
  • Gross Rent Multiplier: $11.52
  • Total Annual Expense: 46753
Land / Lot Info
Land / Lot Info
  • Lot Acreage: 0.31
  • Lot Size Square Feet: 13504
Parking Details
Parking Details
  • Parking Garage: Other
  • Total Parking: 0
Interior Features
Interior Features
  • Levels: Two
  • Cooling: Other
  • Cooling Type: Other
  • Heating: Other
  • Heating Type: Other
  • Equipment: Other
Exterior Features
Exterior Features
  • New Construction: No
  • Other Structures: None
Lease Terms
Lease Terms
  • Entry Date: 04-30-2025
Unit Details
Unit 1 Information
  • Unit Beds: 0
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,695.00
  • Unit Actual Rent: $6,780.00
  • Unit Projected Rent: $1,700.00
  • Like Units: 4
Unit 2 Information
  • Unit Beds: 1
  • Unit Baths: 1
  • Unit Furnished: No
  • Unit Rent: $1,553.00
  • Unit Actual Rent: $6,210.00
  • Unit Projected Rent: $1,925.00
  • Like Units: 4
Unit Details
  • Unit Type Type: 2106, 2107
Tax and Assessed Info
Tax and Assessed Info
  • Assessed Improvement Value: $334,654.00
  • Assessed Improvement Percent: 70.09
  • Assessed Land Value: $142,784.00
  • Assessed Land Percent: 29.91
  • Assessed Total Value: $477,438.00

Property History for 4562 Orange Street

DateEvent & SourcePriceAppreciation
Oct 29, 2025

Sold

CLAW #25532143

$1,760,000
Oct 29, 2025

Sold

CRMLS #25532143

$1,760,000
Oct 20, 2025

Pending

CLAW #25532143

DateEvent & SourcePrice
10/29/2025

Sold

CLAW #25532143

$1,760,000
10/29/2025

Sold

CRMLS #25532143

$1,760,000
10/20/2025

Pending

CLAW #25532143

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

Public Records for 4562 Orange Street

Taxable ValueLand$145,639Additions$341,347Total$486,986
Tax Record2024$5,511 ($459 / month)
Home Facts
Total Finished SqFt3,944 SqFtAbove Grade Finished SqFt3,944 SqFtStories2Lot Size13,504 SqFtStyleMulti-Family Res (5+ Units)Year Built1926Year Renovated1926ZoningR3CountyRIVERSIDEAPN219-033-004

Schools near 4562 Orange Street

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
Pachappa 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 Marcus & Millichap, Oscar Diaz, DRE #02022902

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.