4561 Main St, Riverside, CA 92501
Property image
Property image
FOR SALE
0.79 ACRES

$3,595,000

  • Studio
  • 9,200 sqft (on 0.79 acres)

4561 Main St, Riverside, CA 92501

Downtown
Est. Mortgage $21,834/mo*
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Home Highlights

Parking
25 Parking Spaces
Price/Sqft
$391
Climate Control
Heating & Air Conditioning
Listed
118 days ago

Local Information

  • Map ViewExplore the area around 4561 Main St.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

About this House

We are pleased to present 4545-4581 Main Street, a 14-unit multifamily investment ideally located near Downtown Riverside. Positioned just off Magnolia Avenue and 14th Street, the property sits within one of Riverside's most desirable neighborhoods, known for its historic character, cultural attractions, and consistent rental demand. The asset spans three contiguous parcels totaling approximately 34,412 square feet and features a unique configuration of five separate buildings. This layout provides enhanced privacy, open space, and a predominantly single-story design, creating a more residential environment compared to traditional apartment complexes. Its proximity to Riverside City College and major transportation corridors further strengthens its long-term tenant appeal. The property offers key amenities that support stable occupancy, including 25 on-site parking spaces, an on-site laundry facility, and interior mini-split air conditioning systems. Recent capital improvements such as newer roofs and well-maintained exterior areas contribute to reduced maintenance needs and tenant retention. Additional income potential is supported by stand-alone garages that can be leased for storage, along with two separate owner's rooms that may offer future conversion into additional garages or ADU units, subject to buyer verification. The unit mix consists of one three-bedroom, two-bath home, six two-bedroom units, six one-bedroom units, and one studio, catering to a broad tenant base including students, professionals, and families. The property is currently operating at a 6.12% cap rate and 11.11 GIM, providing strong in-place income with upside through gradual rent growth. Located within a highly accessible and tenant-oriented corridor, the property is within walking distance to Riverside City College and under ten minutes from UC Riverside. Nearby amenities include major retail centers, employment hubs, and notable destinations such as the Mission Inn, The Cheech Center, Mount Rubidoux, and the California Citrus State Historic Park. With convenient access to the 91 and 215 Freeways, the property benefits from strong regional connectivity.45454581 Main Street represents a rare opportunity to acquire a well-located, low-density asset with stable cash flow and long-term growth potential in one of Riverside's most supply-constrained markets.
Last check for updates: about 22 hours ago
Listing courtesy of Oscar Diaz DRE # 02022902, (213) 999-2124
Marcus & Millichap, (310) 909-5500
Source: CLAW, MLS#26829247
Also Listed on CRMLS.

Home Details for 4561 Main St

Interior Features

Dimensions and Layout
Living Area: 9200 Square Feet
Heating & Cooling
Heating: OtherHas CoolingAir Conditioning: OtherHas Heating
Levels, Entrance, & Accessibility
Levels: Multi/Split

Exterior Features

Exterior Home Features
Other Structures: Other
Parking & Garage
No CarportNo GarageNo Attached GarageParking Spaces: 25Parking: Other

Days on Market

Days on Market: 118

Property Information

Year Built
Year Built: 1950
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Multi Family
Property Information
Parcel Number: 219031005

Price & Status

Price
List Price: $3,595,000Price Per Sqft: $391

Active Status

MLS Status: Active

Location

Direction & Address
City: Riverside

Agent Information

Listing Agent
Listing ID: 26829247

Building

Building Area
Building Area: 9200 Square Feet

Lot Information

Lot Area: 0.79 acres

Listing Info

Special Conditions: Standard

Miscellaneous

Mls Number: 26829247

Around this home

Neighborhood Overview

Downtown
See Local Highlights
Neighborhood stats provided by third party data sources.

What Locals Say about Downtown

At least 116 Trulia users voted on each feature.

  • 92 % Say there are sidewalks

  • 83 % Say it's dog friendly

  • 80 % Say it's walkable to restaurants

  • 76 % Say yards are well-kept

  • 74 % Say car is needed

  • 67 % Say there's holiday spirit

  • 65 % Say parking is easy

  • 64 % Say streets are well-lit

  • 56 % Say it's walkable to grocery stores

  • 54 % Say there's wildlife

  • 48 % Say neighbors are friendly

  • 48 % Say kids play outside

  • 47 % Say they plan to stay for at least 5 years

  • 46 % Say it's quiet

  • 43 % Say people would walk alone at night

  • 26 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Mrvargas1987
    "Heading to the main streets there are many cars that don’t check when turning. Traffic can be a con if your pet likes to run off. "
    0
    Flag
  • Lucila Luna
    "I don’t have anything to say, I think everyone is aware of their surroundings and that’s what I taught my children. "
    1
    Flag
  • Trulia User
    "I been leaving here in Riverside for 3 years Is a great place to leave but homeless people, and crackhead could be a problem sometimes "
    2
    Flag
  • Trulia User
    "Very neighborly and small town environment. Architectural beautiful. Nice walking sidewalks and lots to see"
    2
    Flag
  • Trulia User
    "I've lived in quite a few cities in SoCal and this neighborhood is the best experience I've had. I moved here with my young son in 2018 and don't plan on leaving anytime soon. Not only is the scenery beautiful but it's family oriented, safe to walk at night, and the schools are amazing. the homes are vintage and have won Neighborhood of the Year many times. I am happy to call Downtown Riverside my home. "
    6
    Flag
  • Trulia User
    "No events to speak of but everyone is friendly and there is no drama between neighbors. Safe area where everyone watches out for each other. "
    2
    Flag
  • Patty W.
    "love downtown. living.. there are lots of trees and the architecture of the older homes is lovely. great friendly atmosphere. "
    4
    Flag
  • Erica T.
    "When downtown has festival celebrations. Wonderful library’s and museum clubs places to eat . Collages hospitals . "
    0
    Flag
  • Alyssa M. Y.
    "family friendly neighborhood, safe, quiet, beautiful area for family walks, and Bryant Elementary is absolutely amazing"
    0
    Flag
  • Angellokes
    "Wouldn’t suggest walking at night, 2 murders in less then a week and lighting is pretty bad on Victoria "
    1
    Flag
  • Lina A. G. G.
    "There’s not much traffic and my commute to my job is 5 minute driving and 15 walking to work. To go to events or anything is super close to walk there. It’s nice and safe even at night time "
    2
    Flag
  • David L.
    "I HAVE LIVED DOWNTOWN RIVERSIDE FOR 21 YEARS. IT CAN BE A VERY SCARY AREA. CRIME IS HIGH. DRUG ARE EVERY WHERE. THINGS CAN CHANGE FROM OK TO BAD IN SECONDS. "
    42
    Flag
  • David L.
    "downtown Riverside is a very dangerous area there are a lot of homeless vagrants parolee houses child molesters it is not a safe place to raise a family I have lived downtown for 20 years"
    5
    Flag
  • Jacob G.
    "Lots of homeless and transients the closer to the main streets. Very little of it the further away from the main busy part of downtown"
    0
    Flag
  • Josh J.
    "they would like Rubidoux mountain and the park. The park is also well lit at night and has a nice track."
    1
    Flag
  • Trulia User
    "Quiet and friendly neighborhood. Family and pet inclusive. Would recommend area to anyone searching for a new home."
    11
    Flag
  • Norma M.
    "Grew up in the area but recently moved. Money for property being rented is waay to high for an area infested with homeless, drugs addicts which leads to a lot of break ins."
    5
    Flag
  • TS
    "While some of the homes are redone inside, the neighborhood is still what it is. The rent is very high (as in $400 more than it should be) and not worth it."
    33
    Flag
  • Darren G. K.
    "Quiet and friendly neighborhood. Family and pet inclusive. Would recommend area to anyone searching for a new home."
    2
    Flag
  • Ellismariejennifer
    "there is to many cars and noise I would think it would bug the dogs I know it bugs me all the time I don't have any dogs though"
    0
    Flag
  • Falsexletters
    "Dogs are always being walked in this neighborhood. There are plenty of places to walk to, there can be a lot of traffic during business hours, so it might be a little more dangerous to walk a dog around these times."
    0
    Flag
  • Annie
    "easily access 91, 60, 215. RCH is 5 minutes away, kaiser riverside is 25, and corona regional medical center is 35 minutes."
    0
    Flag
  • Michelle F.
    "beautiful neighborhood with such character in the architecture. great mix of people and made forever friends with some of my neighbors on Prospect Hill. "
    0
    Flag
  • Michelle F.
    "music events, street markets, bars restaurants galore! great mix of age/ethnicity/economic background. "
    0
    Flag
  • Michelle F.
    "living downtown you get to be on the forefront of change and the evolution of a city core. it makes you connect with your community and I love the beauty that the diversity gives a neighborhood. "
    0
    Flag
  • Salgado h.
    "A lot of homeless people and they come in our yard and take showers with our hose they also sometimes sleep in our driveway "
    1
    Flag
  • Erica O.
    "Walking distance from Downtown Riverside; location of mission inn antique stores resturance bars and coffee houses. Also very close to unique and artistic park where you could walk to Rubidoux Mountain. R'mountain is a grate place to hike many go up for a nice fresh view up the mountain to see the city lights and unique view. And if your not a walker you could always go though the Santana Bike trail and test your self how far you could go. It's an active location and could always find something to do; with friendly a neighborhood everybody is welcomed "
    1
    Flag

Market trends in Riverside

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$657K
$6.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$382
$2MoM
Available listings
697
15MoM

Home Value

Trulia Estimate
$3.39M
Since last month
Increased$123K (+3.8%)
Since last year
Decreased$9K (-0.3%)
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 decreased by 0% in the last 10 years
MonthEstimated value
2026
August 2026$3.39M
July 2026$3.27M
June 2026$3.3M
May 2026$3.4M

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
4562 Orange St, Riverside, CA
0.08
Multi-Family Home
$1,760,000
10/29/25
-
3,944
4481 13th St, Riverside, CA
0.67
Multi-Family Home
$850,000
05/01/26
7
5
4,461
3848 Locust St, Riverside, CA
0.69
Multi-Family Home
$970,000
08/07/26
8
-
7,100
4830 Palm Ave, Riverside, CA
0.68
Multi-Family Home
$5,645,000
02/13/26
45
42
67,518
2789 Fairmount Blvd, Riverside, CA
0.64
Multi-Family Home
$760,000
11/17/25
5
4
2,400
4033 Linwood Pl, Riverside, CA
0.83
Multi-Family Home
$1,150,000
10/22/25
5
5
2,471
2431 12th St, Riverside, CA
1.03
Multi-Family Home
$760,000
10/15/25
6
4
2,214
3469 Lime St, Riverside, CA
0.92
Multi-Family Home
$1,000,000
08/24/26
5
5
2,056
3311 Lime St, Riverside, CA
1.03
Multi-Family Home
$763,000
01/26/26
6
3
2,145

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
4562 Orange St, Riverside, CA 92501
0.08
$1,782,300
Studio
-
3,944
Off Market
4473 Main St, Riverside, CA 92501
0.09
$530,000
3
1.5
1,064
Recently Sold
3985 Rice Rd, Riverside, CA 92506
0.33
$785,000
3
2
2,475
Recently Sold
4674 Norton Pl, Riverside, CA 92506
0.36
$805,300
4
3
2,350
Off Market
4308 Lime St, Riverside, CA 92501
0.35
$724,995
4
3
2,546
For Sale
4224 Brockton Ave, Riverside, CA 92501
0.36
$699,000
4
4
1,876
For Sale
3668 Ramona Dr, Riverside, CA 92506
0.37
$644,500
4
2
1,700
Off Market
2057 Down St, Riverside, CA 92507
0.40
$590,000
3
2
1,401
Recently Sold
4174 El Dorado St, Riverside, CA 92501
0.41
$665,000
4
3
1,794
For Sale
4200 14th St, Riverside, CA 92501
0.41
$480,000
2
1
656
Recently Sold
4080 Rice Rd, Riverside, CA 92506
0.41
$685,000
2
2
1,879
Recently Sold

Price and Tax history

DateEventPrice
May 4, 2026
Source: CLAW #26829247
Listed For Sale
$3,595,000
Jul 25, 2025
Source: Zillow Rentals
ListingRemoved
$2,195
Jul 23, 2025
Source: Zillow Rentals
Listed For Rent
$2,195
Jul 14, 2025
Source: Zillow Rentals
ListingRemoved
$2,195
Jun 11, 2025
Source: Zillow Rentals
PriceChange
$2,195
Price decreased by 4%

LGBTQ Local Legal Protections

Oscar Diaz, Marcus & Millichap, (310) 909-5500
Agent Phone: (213) 999-2124
© 2026 The MLS™ - Combined L.A. Westside MLS (CLAW). All rights reserved. Based on information from The MLS™ - Combined L.A. Westside MLS (CLAW as of 2026-08-29 14:02:24 PDT. 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. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
Some IDX listings have been excluded from this website.

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Frequently asked questions about 4561 Main St

  • What is the estimated monthly payment for 4561 Main St?
    Based on a $3,595,000 list price with 20% down at today's rates, the estimated monthly payment for 4561 Main St in Riverside, CA is approximately $22,327 (about $18,747 principal & interest, $3,505 property taxes, and $75 homeowner's insurance). This is an estimate. Actual payment depends on your loan terms.
  • How does the list price for 4561 Main St compare to homes in Riverside?
    4561 Main St in Riverside, CA is listed at $3,595,000, about 447% above the $657K median sale price in Riverside.
  • What do residents say about the Downtown neighborhood?
    Residents describe the Downtown neighborhood in Riverside, CA as pedestrian-friendly, dog-friendly, and walkable to restaurants. See homes for sale in Downtown, Riverside.
  • What are the closest schools to 4561 Main St?
    The closest schools to 4561 Main St in Riverside, CA are Central Middle School (rated 4/10), Pachappa Elementary School (rated 6/10), Polytechnic High School (rated 6/10).
  • Does 4561 Main St have air conditioning?
    Yes, 4561 Main St in Riverside, CA has air conditioning.
  • Does 4561 Main St have parking?
    Yes, 4561 Main St in Riverside, CA has on-site parking.
4561 Main St, Riverside, CA 92501 is a studio, 9,200 sqft multi-family built in 1950. 4561 Main St is located in Downtown, Riverside. This property is currently available for sale and was listed by CLAW on May 4, 2026. The MLS # for this home is MLS# 26829247.