Mohr Real Estate Group

Mohr Real Estate Group

1480 7th ST Riverside CA 92507 MLS #OC26008212

1480 7th ST
Riverside, CA, 92507
$5,595,000
Beds
0 Baths
0 SqFt
0.82 Acres
Add
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$5,595,000
1480 7th ST
Riverside, CA, 92507
MLS #OC26008212 image #0MLS #OC26008212 image #1MLS #OC26008212 image #2MLS #OC26008212 image #3MLS #OC26008212 image #4MLS #OC26008212 image #5MLS #OC26008212 image #6

Property Description


$400,000 Price Reduction. Built in 1977, The Normandy Apartments consist of approximately
22,798 of rentable square feet and is in good condition
since the current ownership has made several recent
signi?cant renovations to the interiors & exteriors.
The balanced unit mix consists of 3 bedroom, 2
bedroom, and 1 bedroom units. The property is
situated on approximately 0.82 acres of land that
include tuck under parking, open on-site
parking in addition to the street parking. The property
is also separately metered for gas and electric with
a community laundry rooms & sparkling pool.
Select units have been tastefully remodeled with
new ?ooring, windows, cabinets, stove, microwave,
countertops, sink, toilet, vanity, shower, AC, recessed
lighting, and ceiling fans throughout. Most of the
“heavy lifting” is complete and should appeal to
an investor looking for a turnkey asset surrounded
by tremendous job opportunity and 10% realistic
rental upside.

Property Details

Price:
$5,595,000
MLS #:
OC26008212
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Apartment
Neighborhood:
699notdefined
Listed Date:
Jan 13, 2026
Total Sq Ft:
22,576
Lot Size:
35,719 sqft / 0.82 acres (approx)
Year Built:
1971
699 – Not Defined699notdefined

Schools

Interior

Heating
NO
Laundry Features
AR, CM
Levels
U

Exterior

Common Walls
_2CW
Community Features
FHL, BIKI
Garage Spaces
25
Parking Spots
50
Parking Total
50

Financial

Gross Operating Income
$546,475
Maintenance Fee
$25,000
Net Operating Income
$338,179
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1480 7th ST
Riverside, CA
The Mohr Real Estate Group

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