Listed by Jonathan Mitchell, Kidder Mathews of California, Inc, (949) 557-5000 . Bought with Kidder Mathews of California, Inc
1480 7th St
Riverside, CA 92507
University- 49 Beds
- 25 Baths
- 22,576 sqft (on 0.82 acres)
$5,500,000
Last Sold: Aug 11, 2026
2% below list $5.59M
$244/sqft
Est. Refi. Payment $33,018/mo*
$5,500,000
Last Sold: Aug 11, 2026
2% below list $5.59M
$244/sqft
Est. Refi. Payment $33,018/mo*
49 Beds
25 Baths
22,576 sqft
(on 0.82 acres)
Home Value
Trulia Estimate
$5.5MSince last month
Increased$769K (+16.3%)Since last year
Increased$1M (+27.9%)Since last sale
$1K (0%)Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.
Trulia Estimate
The of this home's value increased by +10% in the last 10 years
| Month | Estimated value |
|---|---|
2026 | |
| August 2026 | $5.5M |
2025 | |
2024 | |
Comparable sales
These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.Address | Distance | Property Type | Sold Price | Sold Date | Bed | Bath | Sqft |
|---|---|---|---|---|---|---|---|
0.08 | Multi-Family Home | $16,300,000 | 08/11/26 | 104 | 111 | 67,202 | |
0.44 | Multi-Family Home | $1,689,000 | 09/16/25 | 12 | 8 | 5,631 | |
0.64 | Multi-Family Home | $685,000 | 01/05/26 | 5 | 3 | 1,914 | |
0.91 | Multi-Family Home | $675,000 | 12/12/25 | 4 | 2 | 2,004 | |
1.12 | Multi-Family Home | $760,000 | 10/15/25 | 6 | 4 | 2,214 | |
2.78 | Multi-Family Home | $5,645,000 | 02/13/26 | 45 | 42 | 67,518 | |
1.44 | Multi-Family Home | $1,150,000 | 02/03/26 | 8 | 5 | 3,000 | |
1.43 | Multi-Family Home | $675,000 | 10/24/25 | 5 | 3 | 1,952 | |
1.39 | Multi-Family Home | $625,000 | 02/27/26 | 4 | 2 | 1,641 |
Nearby home prices
Get a sense of expected prices in the area by checking the value of nearby homes.Address | Distance | Price | Bed | Bath | Sqft | Status |
|---|---|---|---|---|---|---|
0.08 | $16,300,000 | 104 | 111 | 67,202 | Recently Sold | |
0.16 | $429,000 | 3 | 2 | 1,152 | For Sale | |
0.19 | $358,800 | 2 | 2 | 960 | Off Market | |
0.19 | $471,000 | 3 | 2 | 1,152 | Off Market | |
0.20 | $425,000 | 3 | 2 | 1,152 | For Sale | |
0.20 | $400,100 | 3 | 2 | 1,152 | Off Market | |
0.35 | $1,488,800 | Studio | - | 3,278 | Off Market | |
0.38 | $674,500 | 3 | 2 | 1,444 | Off Market | |
0.38 | $650,000 | 4 | 2 | 1,912 | For Sale | |
0.40 | $1,566,100 | 42 | 52 | 19,800 | Off Market | |
0.43 | $499,900 | 2 | 1 | 1,237 | For Sale |
Local Information
-- mins to
Home Highlights
Property Type
Multi-Family
Year Built
1971
Lot Size
0.82 acres
Living Area
22,576 sqft
Price/Sqft
$244/sqft
Parking
Garage
HOA
None
About this House
$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.
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.
1480 7th St, Riverside, CA 92507 is a 49 bedroom, 25 bathroom, 22,576 sqft multi-family in University, built in 1971. It last sold for $5,500,000 on Aug 11, 2026 (2% below the $5,595,000 asking price). It is currently off market. The Trulia Estimate is $5,501,300, with a rent estimate of $1,992/month.
Home Details for 1480 7th St
|
|---|
Beds & Baths Number of Bedrooms: 49Number of Bathrooms: 25 |
Appliances & Utilities Laundry: Common Area |
Heating & Cooling Heating: NoneNo Heating |
Fireplace & Spa Fireplace: NoneNo Fireplace |
Windows, Doors, Floors & Walls Common Walls: 2+ Common Walls |
Levels, Entrance, & Accessibility Stories: 2Number of Stories: 2Levels: TwoEntry Location: Street |
|
|---|
Exterior Home Features No Private Pool |
Parking & Garage Number of Garage Spaces: 25Number of Covered Spaces: 25Open Parking Spaces: 25Has a GarageNo Attached GarageParking Spaces: 50Parking: Assigned |
Pool Pool: Community |
Frontage Not on Waterfront |
Water & Sewer Sewer: Public Sewer |
Surface & Elevation Elevation Units: Feet |
|
|---|
Cumulative Days on Market: 196 |
|
|---|
Year Built Year Built: 1971 |
Property Type / Style Property Type: Residential IncomeProperty Subtype: Multi Family |
Building Not a New ConstructionAttached To Another StructureNo Additional Parcels |
Property Information Parcel Number: 250190014 |
|
|---|
Price List Price: $5,595,000Price Per Sqft: $244/sqft |
Status Change & Dates Off Market Date: Tue Aug 11 2026 |
|
|---|
MLS Status: Closed |
|
|---|
Direction & Address City: Riverside |
|
|---|
Building Area Building Area: 22576 Square Feet |
|
|---|
Community Features: Biking, Foothills, PoolNot Senior Community |
|
|---|
Association for this Listing: California Regional MLS |
|
|---|
Lot Area: 0.82 acres |
|
|---|
Special Conditions: Standard |
|
|---|
Listing Terms: Cash, Cash to New Loan |
|
|---|
Expense Tenant Pays: Cable TV, Electricity, Gas |
|
|---|
Has Rent Control |
|
|---|
Mls Number: OC26008212Living Area Range Units: Square FeetAttribution Contact: jon.mitchell@kidder.comCommon Interest: Community ApartmentUniversal Property Id: US-06065-N-250190014-R-N |
|
|---|
BikingFoothillsPoolSource Internet Entire Listing Display |
Price and Tax history
| Date | Event | Price |
|---|---|---|
Aug 11, 2026 Source: CRMLS #OC26008212 | Sold | $5,500,000 |
Jul 29, 2026 Source: CRMLS #OC26008212 | Contingent | $5,595,000 |
Mar 12, 2026 Source: CRMLS #OC26008212 | PriceChange | $5,595,000 Price decreased by 7% |
Jan 13, 2026 Source: CRMLS #OC26008212 | Listed For Sale | $5,995,000 |
Market trends in Riverside
Last updated July 2026
Avg. sale price
$657K
$6.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$382
$2MoM
Available listings
697
15MoM
Around this home
What Locals Say about University
At least 127 Trulia users voted on each feature.
89 % Say there are sidewalks
85 % Say it's dog friendly
78 % Say car is needed
71 % Say it's walkable to grocery stores
66 % Say streets are well-lit
64 % Say parking is easy
62 % Say it's walkable to restaurants
62 % Say there's holiday spirit
54 % Say yards are well-kept
48 % Say kids play outside
46 % Say there's wildlife
45 % Say it's quiet
43 % Say people would walk alone at night
42 % Say neighbors are friendly
30 % Say they plan to stay for at least 5 years
23 % Say there are community events
Sourced by Trulia users. Learn more about our methodology.
LGBTQ Local Legal Protections
LGBTQ Local Legal Protections

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-20 11:26:07 PDT 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. Properties may or may not be listed by the office/agent presenting the information
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-08-20 11:26:07 PDT 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. Properties may or may not be listed by the office/agent presenting the information
Frequently asked questions about 1480 7th St
- What is 1480 7th St estimated to be worth?Trulia's estimated value for 1480 7th St in Riverside, CA is $5,501,300.
- What is the price history for 1480 7th St?1480 7th St in Riverside, CA last sold for $5,500,000 in August 2026.
- Is Riverside a buyer's or seller's market?Riverside is currently a seller's market, based on recent for-sale activity.
- What's the median sale price in Riverside?The median sale price in Riverside is $657K. That is up $6.67K from the prior month.
- Does 1480 7th St have a pool?Yes, 1480 7th St in Riverside, CA has a pool.
- Does 1480 7th St have laundry facilities?Yes, 1480 7th St in Riverside, CA has laundry facilities.