$10,000 Closing Credit¹
#CV25102575, Kristopher German, Listing Office: RE/MAX 2000 REALTY
#CV25104984·
Listing office: RE/MAX 2000 REALTY·
Listing agent: Kristopher German·
Listing office phone: 909-645-0443
$995,000 List price
4228 10th St Riverside, CA 92501
$10,000
Closing credit¹
0.2 acres
Condo
Property details
About 4228 10th St
Now available, a well-maintained 4-unit multi-family property offering a solid investment opportunity in a desirable location. The unit mix includes two spacious single-level 2-Bedroom/1-Bath units and two 1-Bedroom/1-Bath units, totaling 2,600 square feet of rentable space on a 7,840 square foot lot. Each unit is separately metered for electricity and gas, while the owner pays for water and trash. The property features updated electrical systems and tenant-friendly amenities including garage parking and an onsite laundry facility, enhancing tenant convenience and retention. With a current **11.8 GRM** and **6.3% CAP rate**, this asset offers immediate cash flow and long-term upside for investors. The owner is in the process of updating the roof on the front structure. This property can be purchased together with the adjoining 4-unit property at **4250 10th Street**, offering a rare chance to acquire 8 total units side by side. This is an excellent opportunity for investors looking to expand their portfolio with a desirable asset in a strong rental market.
Highlights
Home typeCondominium
StatusActive
CoolingWall/Window Unit(s)
Lot size0.18 Acres
Year built1936
ParkingAssigned, Garage
MLS #CV25104984
Garage2 spaces
Summary
- Fireplace: None
- Garage Space: 2 spaces
- Private Pool: No
- Parking: Assigned, Garage
- Heating: None
- Cooling: Wall/Window Unit(s)
- List Price: $995,000
- HOA Amount: $0
- Annual Tax Amount: $10,580
- Tax Year: 2024
- Directions: Just South of Mission Inn Avenue. West of Market Street
- Year Built: 1936
- Stories: 1
- Lot Size: 0.18 Acres
- MLS Number: CV25104984
- MLS Name: CRMLS
- Office Name: RE/MAX 2000 REALTY
- Office Phone: (909) 645-0443
- Listing Agent: Kristopher German
Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 5/22/2025, 10:20:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$995,000
4228 10th St
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Jun 17, 2022 | Home Sold | $2,040,500 |
| Jan 20, 2021 | Home Sold | $625,000 |
| Nov 16, 2005 | Home Sold | $565,000 |
| Oct 31, 2002 | Home Sold | $263,000 |
| Apr 01, 1989 | Home Sold | $150,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2024 | $951,966 | $10,580 |
| 2023 | $933,300 | $10,534 |
| 2022 | $625,000 | $7,115 |
| 2021 | $611,490 | $6,997 |
| 2020 | $561,000 | $6,451 |
| 2018 | $550,000 | $6,332 |
| 2017 | $507,151 | $5,595 |
History based on county public records data.
Nearby schools
5
Bryant School of Arts and Innovation
Public District KG-6
0.5 mi
•4324 3rd St
3
Longfellow Elementary School
Public District KG-6
1.3 mi
•3610 Eucalyptus Ave
5
Patricia Beatty Elementary School
Public District KG-6
1.5 mi
•4261 Latham St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $48,689. The most common annual income of people living in Riverside, CA is between $35k-100k. The most common type of family is single, no kids. Most residents in this area have high school diploma education.
How much money do the neighbors make?
31%
<35k
57%
35k-100k
12%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
59%
Single, No Kids
18%
Single, with Kids
11%
Married, No Kids
12%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
6%
12-17 yrs old
35%
18-34 yrs old
41%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Popeyes
What do the neighbors drive?
Honda
Kia
Nissan
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 4228 10th St
The listing price of 4228 10th St property is $995,000.
The property 4228 10th St is a condo located in Riverside, California, 92501.
Active Listing: 4228 10th St is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 4228 10th St are: Bryant School of Arts and Innovation (GreatSchools Rating 5/10), Longfellow Elementary School (GreatSchools Rating 3/10), Patricia Beatty Elementary School (GreatSchools Rating 5/10), Central Middle School of Arts and Innovation (GreatSchools Rating 4/10), Mission Middle School (GreatSchools Rating 4/10), University Heights Middle School (GreatSchools Rating 4/10), Come Back Kids (GreatSchools Rating 2/10), Riverside County Community (GreatSchools Rating 2/10), Gateway College and Career Academy (GreatSchools Rating 3/10).
According to the records, the last property tax for 2024 is $10,580 (source: MLS/based on county public records data).
The last sale was on June 17, 2022 for $2,040,500 (source: MLS/tax record).
The property at 4228 10th St has 0 bathroom.
The year of construction for 4228 10th St is 1936.
This home is located at 4228 10th St in Riverside, CA and zip code 92501 in the Downtown Riverside neighborhood. Features: 0 bathroom. It has been listed on Rocket Homes since May 12, 2025 and is currently priced at $995,000.
Over 71 listings were sold over their listed price in April 2025 in Riverside, CA. In the same period over 59 listings were sold below the listed price and 48 listings were sold for the listed price. The number of listings in Riverside, CA increased by 5.1% between March and April 2025. The median list price of listings available in April 2025 was $660,110, while the average time on the real estate market was 41 days.
From Rocket Homes Real Estate and based on county public records data.