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For sale
  • Listing Provided by: CB RICHARD ELLIS
    $14,000,000

    2032 W Linden St, Riverside, CA 92507

    85beds
    63baths
    46,834sqft
    : 
    Multi Family
    Built in 1959
    -- sqft lot
    $-- Zestimate®
    $299/sqft
    $-- HOA

    What's special

    Gated entryCommunity swimming poolPerimeter fencingOutdoor bbq areaLush mature landscapingCovered and surface parkingVertical blinds
    We are pleased to present the exclusive opportunity to acquire 63 units across two contiguous parcels, consisting of the La Paz and Las Palmas Apartments. Located in the heart of Riverside, these assets offer a premier foothold in one of Southern California’s most high-demand rental markets. These well-maintained assets occupy a prime location at 2032 and 2052 Linden Street, offering tenants unparalleled convenience and a high-quality lifestyle. The properties are located just minutes from the vibrant Downtown Riverside district, the historic Mission Inn Hotel and Spa, and major educational anchors including Riverside City College, Cal Baptist University and the University of California, Riverside. Commuters benefit from immediate access to the Metrolink Downtown Riverside Station and a sophisticated regional transportation network. With proximity to the 91, 10, 60, and 215 freeways, the property serves as a central hub connecting residents to major employment centers across Riverside, San Bernardino, Orange, and Los Angeles Counties. The community offers a secure environment through gated entry and perimeter fencing, complemented by a suite of amenities including a community swimming pool, shared laundry facilities, and an outdoor BBQ area. The architecture is defined by a classic stucco and stone aesthetic, framed by lush, mature landscaping. Property infrastructure includes both covered and surface parking for resident convenience. Two-car garages are also available for lease, ideal for both parking and additional storage. Interior features include functional kitchens equipped with oven ranges, ceiling fans, vertical blinds, and a mix of tile or vinyl wood flooring. Each unit is further serviced by wall-mounted air conditioning and heating units. These stable, well-maintained assets provides immediate income security and remains a highly attractive destination for residents seeking quality housing in a well-established submarket. The portfolio’s proven performance and strategic location make it an ideal acquisition for a wide range of investors. Whether tailored for a first-time purchaser looking for scale, a seasoned institutional investor expanding a regional footprint, or a 1031 exchange buyer requiring a reliable, low-vacancy asset, these contiguous properties offer long-term stability and an exceptional foothold in the thriving Inland Empire economy.
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    Zillow last checked: 7 hours ago

    Listing updated: March 16, 2026 at 10:35am

    Listing Provided by:

    Eric Chen 626-757-5717,

    CB RICHARD ELLIS

    Source: CRMLS,MLS#: CV26053930MLS LogoOriginating MLS: California Regional MLS

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 85
      • Bathrooms: 63
      Heating
      • Wall Furnace
      Cooling
      • Wall/Window Unit(s)
      Appliances
      • Laundry: Common Area
      Features
      • Common walls with other units/homes: 2+ Common Walls
      Interior area
      • Total structure area: 46,834
      • Total interior livable area: 46,834 sqft

      Property

      Parking
      • Total spaces: 50
      • Parking features: Garage, Carport
      • Garage spaces: 5
      • Carport spaces: 25
      • Covered spaces: 30
      • Uncovered spaces: 20
      Features
      • Levels: Two
      • Stories: 2
      • Entry location: 1
      • Pool features: Community, In Ground
      • Spa features: None
      Lot
      • Size: 1.52 Acres
      • Features: Lot Over 40000 Sqft
      Details
      • Additional parcels included: 211151008
      • Parcel number: 211151009
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Property subtype: Multi Family
      • Attached to another structure: Yes
      Condition
      • New construction: No
      • Year built: 1959

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Features: Curbs, Sidewalks, Pool
      Location
      • Region: Riverside

      Financial & listing details

      • Price per square foot: $299/sqft
      • Date on market: 3/12/2026
      • Cumulative days on market: 6 days
      • Listing terms: Cash,Cash to New Loan
      • Total actual rent: 1238292
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        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        Price history
        DateEventPrice
        3/12/2026Listed for sale$14,000,000$299/sqft
        Source: CRMLS #CV26053930 Report a problem

        Public tax history

        Public tax history
        Tax history is unavailable.

        BuyAbility℠ payment

        Est. payment
        $82,975/mo
        Principal & interest
        $69325
        Property taxes
        $13650
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          Climate risks

          Neighborhood: Eastside

          Getting around

          73 / 100
          Very Walkable
          40 / 100
          Some Transit
          71 / 100
          Very Bikeable

          Nearby schools

          GreatSchools rating

          Local experts in 92507