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Listed by: Eric Chen (909) 418-2071 DRE #01489184 | CB RICHARD ELLIS (909) 418-2000
$14,000,000
Monthly Est:$69,683
3 Beds
- 3 Baths
46,834sqft
2032 W Linden, Riverside, CA 92507
$14,000,000
$69,683/moEst:
Get Pre-Approved
Apartment
Built in 1959
$-- HOA
1.52 acres lot
$299/sq.ft
Description
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.
- Houzeo last checked: 2 minutes ago
- Listing updated: August 31, 2026 at 6:07 pm
- Source: California Regional MLS-CA | MLS#: CV26053930

Part of
Property Details
Status
Pending
Type
Multi Family
No. of Stories
2
County
City
Neighborhood
Year Built
1959
HOA Fees
-
Finished Area
46,834 sqft
Lot Size
1.52 acres lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
CV26053930
MLS Status
Pending
Days on Market
210
Cumulative Days on Market
97

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 3
Interior
Sewer
Public Sewer
Heating
Wall Furnace
Cooling
Wall Window Units
Utilities & Energy
Water Source
Public
Pool Features
Community, In Ground
Laundry Features
Common Area
Other Features
Community Features
Curbs, Sidewalks, Pool
Lot Features
Lot Over40000sqft
Price History
| Date | Event | Price |
|---|---|---|
08/08/2026 Source: | Pending | $14,000,000 $299/sqft |
06/17/2026 Source: | Contingent (Active Under Contract) | $14,000,000 $299/sqft |
03/12/2026 Source: | Listed for Sale | $14,000,000 $299/sqft |
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Based on information from California Regional Multiple Listing Service, Inc. as of Oct 09, 2026, 09:00AM 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. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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