5852 -5854 Norwood Avenue, Riverside, CA — listing photo 1
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FOR SALE

5852 -5854 Norwood Avenue

Riverside, CA 92505
77,102 Lot Sq Ft
Built 2026
$8,000,000
Price ReducedWas $8,400,000 — $8,000,000 (-$400,000)

Property Overview

Located at 5832-5834 Norwood Avenue, 5816-5853 Persepolis Court, and 10663-10665 Alborz Court, this portfolio is ideally situated near Kaiser Permanente Riverside Medical Center, La Sierra University, and the Galleria at Tyler, placing residents within minutes of the region's most prominent healthcare, education, and retail destinations with direct connectivity via the 91, 60, 15, and I-215 Freeways. Available for purchase together or separately, each duplex is individually parceled across seven lots. The 14-Unit Portfolio spans seven individually parceled lots totaling ±77,102 square feet with ±25,280 square feet of rentable area. Built in 2024 and 2026, each two-story townhome-style duplex averages 1,863 square feet. The unit mix includes four 3-bedroom/2.5-bathroom homes at 1,603 SF, eight 4-bedroom/2.5-bathroom homes at 1,950 SF, and two 5-bedroom/3-bathroom units at 2,034 SF. Every residence features an open-concept layout with high ceilings and abundant natural light, a designer kitchen with center island, quartz countertops, custom self-closing cabinetry, and stainless steel appliances. Additional interior features include luxury vinyl flooring, recessed lighting, ceiling fans, walk-in pantry, walk-in closets, and dual vanities in the primary suite. Each home includes an upper-level laundry room with washer and dryer, central HVAC, and solar energy systems. Exteriors include attached two-car garages, private front and rear yards with patios, and decomposed granite landscaping maintained across all three sites. Situated in southwest Riverside's established La Sierra Acres neighborhood, the portfolio offers suburban tranquility with exceptional regional connectivity. Retail and lifestyle amenities anchored by the Galleria at Tyler and Castle Park enhance resident quality of life, while the La Sierra Metrolink Station (3.7 miles) provides direct transit to LA Union Station. Riverside's major employers — Kaiser Permanente, Riverside Community Hospital, UC Riverside, and Collins Aerospace — drive robust rental demand, reinforcing long-term market stability. This 14-Unit Portfolio is a stable asset in one of Southwest Riverside's most supply-constrained neighborhoods. Whether you are a first-time investor seeking a turnkey entry into the Inland Empire multifamily market or a seasoned investor adding institutional-quality new construction to your portfolio, this is a rare opportunity to acquire a purpose-built, modern asset.

Home Details

Property type
Residential Income - Apartment
Year built
2026
Lot size
1.77 acres
Parking
42 spaces
Garage
28 spaces
Stories
2
Days on market
47
MLS status
Active

Features & Amenities

Interior

  • Ceiling Fans
  • Quartz Counters
  • Recessed Lighting

Appliances

  • Dryer
  • Washer

Parking

  • Door Multi
  • Garage

Pool

  • None

Lot

  • Eleven To Fifteen Units Acre

Community, Schools & Utilities

Community

New construction
Yes

Utilities

Heating
Central
Cooling
CentralAir
Water
Public
Sewer
PublicSewer
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Location & Neighborhood

5852 -5854 Norwood Avenue

Riverside, CA 92505

Frequently Asked Questions About 5852 -5854 Norwood Avenue

Property type: Residential Income

The current asking price is $8,000,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 5852 -5854 Norwood Avenue. Our team will confirm availability and timing.
This property offers the living space reported in the listing. It was built in 2026. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Riverside, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Riverside property.
The MLS currently reports the property as Active. It has been listed for 47 days. Status can change, so verify availability before relying on it.

What clients say

“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Listing Agent

Name: Eric Chen
MLS ID: C32772

Available property

$8,000,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.