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$5,995,000 Just Listed

  • For Sale
  • Active
  • Multi-Family
  • Updated 4 days ago
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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.

Full Property Details for 1480 Seventh St

General

  • Price: $5,995,000
  • Status: Active
  • Type: Multi-Family
  • Source: MRMLS
  • MLS ID: OC26008212
  • Updated: 1/13/2026
  • Days on Market: 4 days
  • Added to Site: 4 day(s) ago

Interior

  • Fireplace(s): None

Rooms

Other Rooms

  • Laundry: Common Area, Community

Additional Information

  • Pool Description: Community

Parking

  • Garage Spaces: 25
  • Parking Features: Assigned
  • Parking: Assigned

Location

  • Area: 699 - Not Defined
  • County: Riverside
  • Development Name: 699 - Not Defined
  • Driving Directions: 1 mile east of 91 Fwy & University

Heating & Cooling

  • Heating Type: None

Utilities

  • Sewer: Public Sewer
  • Water: Public
  • # Water Meters: 1
  • # Gas Meters: 25
  • # Electric Meters: 25

Structural Information

  • Entry Location: Street
  • Stories/Levels: Two
  • Stories Description: Two
  • Square Feet: 22,576
  • Year Built: 1971

Unit Information

Unit 1

  • Number of Units: 1
  • Total Bathrooms: 1
  • Bedrooms: 3

Unit 2

  • Number of Units: 22
  • Total Bathrooms: 1
  • Bedrooms: 2

Unit 3

  • Number of Units: 2
  • Total Bathrooms: 1
  • Bedrooms: 1

Lot Features

  • Lot Size (Acres): 0.82
  • Lot Size (Sq. Ft.): 35,719
  • Lot Size Source: Assessor
  • Lot Description: 21-25 Units/Acre

Financial Considerations

  • Price Per Sq. Ft.: $265.55
  • Price Per Unit: 239800

Listed by Kidder Mathews of California, Inc, Jonathan Mitchell

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Listing agent

— 1480 Seventh St —

  • Jonathan Mitchell

    Kidder Mathews of California, Inc

949-557-5000

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 1480 Seventh St

School District:Riverside Unified School District
NameGradesDistance
Longfellow Elementary School, Riverside, CA
3610 Eucalyptus Avenue, Riverside, CA 92507
K-60.9 mi
University Heights Middle School
1155 Massachusetts Avenue, Riverside, CA 92507
7-80.9 mi
John W. North High School
1550 3rd Street, Riverside, CA 92507
9-120.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 1480 Seventh St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
1/13/2026
Listed
$5,995,000
68.87%
MLS
4/22/2019
Sold
$3,550,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 1480 Seventh St

Year
Property Taxes
Change
Tax Assessment
Change
2025
$44,823
3%
$3,960,087
2%
2024
$43,365
—
$3,882,439
2%
2023
$43,177
2%
$3,806,314
2%
2022
$42,389
2%
$3,731,681
-4%
2021
$41,696
1%
$3,875,000
7%
2020
$41,383
65%
$3,621,000
68%
2019
$25,050
2%
$2,159,369
2%
2018
$24,571
2%
$2,117,029
2%
2017
$24,143
7%
$2,075,519
2%
2016
$22,621
1%
$2,034,823
2%
2015
$22,302
6%
$2,004,260
8%
2014
$20,944
—
$1,858,399
—
2013
$20,850
—
$1,850,000
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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*These costs are estimates, and the interest rates assume exceptional credit standing.

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Listed by Kidder Mathews of California, Inc, Jonathan Mitchell

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1480 7th Street, Riverside, CA 92507 (MLS# OC26008212) is a Multi-Family property with 25 units containing 0 bedrooms and 0 full bathrooms. 1480 7th Street is currently listed for $5,995,000 and was received on January 13, 2026. Want to learn more about 1480 7th Street? Do you have questions about finding other Multi-Family real estate for sale in Riverside? You can browse all Riverside real estate or contact a Coldwell Banker agent to request more information.

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