Riverside Homes with Multi Family Subtype

Riverside Homes with Multi Family Subtype

Welcome to Riverside County, California, a vibrant region that perfectly blends urban living with stunning natural beauty. Nestled in the heart of Southern California, Riverside is known for its rich history, diverse culture, and a plethora of recreational opportunities. With its picturesque landscapes, including the majestic Santa Ana Mountains and the expansive Temecula Valley, Riverside offers residents a unique lifestyle that is both tranquil and dynamic.

Riverside County is not just about breathtaking views; it is also a thriving hub for families and investors alike, particularly when it comes to multi-family homes. The demand for multi-family housing in this area has surged, driven by a growing population and a robust job market. Whether you’re looking for a charming duplex, a spacious triplex, or a larger apartment complex, Riverside’s multi-family properties provide excellent investment opportunities and the potential for lucrative rental income.

Living in a multi-family home in Riverside means enjoying a strong sense of community while benefiting from the amenities and conveniences of urban life. Residents can take advantage of nearby parks, shopping centers, and cultural attractions, such as the historic Mission Inn and the Riverside Art Museum. Additionally, Riverside County is home to top-rated schools and a variety of outdoor activities, including hiking, biking, and wine tasting in nearby Temecula.

With its appealing lifestyle, beautiful neighborhoods, and promising investment potential, Riverside County is an ideal place to call home. Explore the multi-family housing options available in this enchanting region and discover the perfect property that suits your needs and aspirations.

Newest Riverside Homes with Multi Family Subtype

$2,100,000
IV26199828 MLS ⋅ Active Status
PRIME DOWNTOWN PERRIS DEVELOPMENT OPPORTUNITY! Three contiguous vacant parcels totaling approximately 3 acres, located near 7th Street & G Street and being sold together. Situated within the Downtown Perris Specific Plan – Urban Village district, offering excellent potential for high-density residential and mixed-use development. Urban Village development concepts include 3–5 story stacked flats, rowhouses, courtyard housing, live/work units, and mixed-use buildings with residential above ground-floor commercial uses. City planning documents indicate Urban Village zoning may accommodate densities up to approximately 35 dwelling units per acre, providing the potential for a significant multifamily development. Current preliminary estimates suggest 54+ units may be possible, subject to City approval and site design. City of Perris Flat, vacant land with street frontage and no existing structures offers a strong infill development opportunity in the heart of Perris. Conveniently located near Downtown Perris, shopping, restaurants, schools, Metrolink, major transportation corridors and freeway access. APNs 310-090-003, 310-090-004 & 310-090-005. All three parcels are being sold together for $2,100,000. No development plans or entitlements are currently in place. Buyer and buyer's agent to independently verify zoning, acreage, allowable density, unit count, permitted uses, utilities, development standards and all development potential with the City of Perris and appropriate agencies.

7th, Perris
$1,100,000
DW26191800 MLS ⋅ Active Status
Rare opportunity to own a well-positioned five-unit multifamily property in Palm Springs’ desirable Racquet Club West neighborhood. Situated on an approximately 10,019-square-foot lot, this unique property offers five separate units, including four one-bedroom/one-bath units and one two-bedroom/one-bath unit, providing flexibility for investors, extended living, or a combination of both. Each residence features its own private walled patio, full kitchen, dedicated living space, and a blend of classic Palm Springs character and functional design, including vaulted beamed ceilings, concrete and tile flooring, built-ins, and ample storage. Residents can enjoy a shared in-ground heated pool, on-site laundry, generous off-street parking, and beautiful surrounding mountain and desert views. The property also benefits from separately metered gas and electricity. Located just minutes from Downtown Palm Springs, with convenient access to restaurants, shopping, entertainment, and the area's iconic desert lifestyle, 482 W Pico Rd offers an exceptional opportunity to own a multifamily asset in one of Southern California's most recognizable destinations.

482 W Pico, Palm Springs
$245,500
SW26153260 MLS ⋅ Active Status
HIGH-DENSITY RESIDENTIAL REDEVELOPMENT OPPORTUNITY IN MENIFEE! An opportunity for investors, builders and developers looking to explore future multifamily residential development or acquire and hold property in a growing Menifee corridor. The property is currently zoned HDR (High Density Residential) with previous existing utilities. Includes an existing fire-damaged, boarded single-family residence. The property is being offered in its present AS-IS condition, with the primary value and opportunity centered on the land and its future residential redevelopment potential. All three parcels must sell together total of .50 acres. HDR zoning provides an opportunity to explore higher-density residential uses, including small to medium multifamily development, subject to City approval and all applicable development requirements. This may also be an attractive opportunity for an investor seeking to acquire and hold property for future development as the surrounding area continues to evolve. Conveniently located near major transportation routes, established residential neighborhoods, shopping, services and continued growth throughout Menifee and Southwest Riverside County. Bring your vision and explore the possibilities. Buyer and buyer's representatives are strongly encouraged to conduct their own independent due diligence with the City of Menifee and appropriate agencies regarding zoning, allowable density, permitted uses, development standards, utilities, access, demolition requirements, environmental conditions and overall development feasibility. Seller and Broker/Agents make no representation or guarantee regarding the number of units that may ultimately be developed on the property. Don't miss this opportunity knocking at your door!

27987 Jefferson, Menifee
$1,688,000
CV26045532 MLS ⋅ Active Status
Excellent opportunity to acquire a 7-unit apartment complex in a highly desirable area of Palm Springs. Ideally situated in a strong rental corridor near downtown amenities, shopping, dining, and major transportation routes, this property offers investors stable cash flow in one of the Coachella Valley’s most sought-after rental markets.

238 S Saturmino, Palm Springs
$1,800,000
OC26017069 MLS ⋅ Active Status
**Land Development with Entitled Plans for a Multifamily!!** **RTI April 2026 **Offered as an entitled development opportunity ideal for experienced multifamily developers Approved for 50% density bonus allowing 9 units extra. Low income component for 3 units Approved plans for a 28-unit apartment project consisting of 26 units plus 2 ADUs Zoned SP-5 (Old Town Temecula Specific Plans) for residential development at a high density of 20-35 dwelling units per acre. Site size of approximately 20,160 SF with ~20,475 SF of rentable residential area Unit mix includes studios, one-, two-, and three-bedroom residences All entitlements in place, including zoning approval, parcel merger, site plan approval, and approved historic home relocation Located within walking distance to Old Town dining, retail, and entertainment Strong rental demand supported by population and income growth Limited new multifamily supply anticipated beyond 2025 Convenient access to I-15, Inland Empire, and San Diego employment corridors

28717 Pujol, Temecula
$1,300,000
IG25110125 MLS ⋅ Active Status
PRICE IMPROVEMENT!!! Motivated SELLERS! Bring us your reasonable offers! What are you looking at? YES! IT'S OPPORTUNITY!!! This is your chance to develop a prime corner lot, 350 ft from the entrance to University of California Riverside. Value is in the land and THE PLANS. High visibility. Nice mix of High density, Commercial/Light Industrial and Single Family structures. Close to Riverside Transit Stop. Full plans have been drawn for a 15 door, 55 bed, 42,834 sq ft 2 story, 3 level apartment complex and parking garage. Mixed units consist of 3-4 bedrooms and 3-4 bathrooms with two living areas. Most are 4 bedrooms with 3 baths perfect for student housing. Just steps to shopping, College, Health food stores, and places of worship. Good for all R3 zoning uses. The existing building was an elementary school in the past. Remove it and build your Investment Opportunity!

220 W Big Springs Road, Riverside
$1,165,000
IG24236448 MLS ⋅ Active Status
Awesome Investment Opportunity In Moreno Valley. 6 units of 1 bedroom with 1 bath each, ideal for 1031 exchange or investor. Close to shopping center, close to freeway. All the units occupied currently with excellent tenants. All the units upgraded & in excellent condition, completely renovated inside out in 2021.

24238 Postal Avenue, Moreno Valley
$2,359,000
P1-2710 MLS ⋅ Active Under Contract Status
Well maintained and great cashflow apartment building. Always full. All single level. 20 units. Each unit have it's own attached 2 car garage with direct access. Laundry hookups inside each of the 20 units. Located in a nice neighborhood just a few blocks away from city center. Property has great rent upside. Please contact agent for details.

66880 Pierson Boulevard, Desert Hot Springs
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.