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$5,500,000
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Property Description
$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.
Full Property Details
Full Property Details for 1480 Seventh St
General
- Sold For: $5,500,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: OC26008212
- Added to Site: 232 day(s) ago
Interior
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: Community, Common Area
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 Source: Assessor
- Lot Description: 21-25 Units/Acre
Financial Considerations
- Price Per Sq. Ft.: $243.62
- Price Per Unit: 223800
Listed and Sold by Kidder Mathews of California, Inc, Jonathan Mitchell
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Schools
Schools serving 1480 Seventh St
School District:Riverside Unified School District
| Name | Grades | Distance |
|---|---|---|
Longfellow Elementary School, Riverside, CA 3610 Eucalyptus Avenue, Riverside, CA 92507 | K-6 | 0.9 mi |
University Heights Middle School 1155 Massachusetts Avenue, Riverside, CA 92507 | 7-8 | 0.9 mi |
John W. North High School 1550 3rd Street, Riverside, CA 92507 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1480 Seventh St
Date
Details
Price
Change
Source
8/11/2026
Sold
$5,500,000
-1.7%
MLS
3/12/2026
Price Reduced
$5,595,000
-6.67%
MLS
1/13/2026
Listed
$5,995,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
1480 7th Street, Riverside, CA 92507 (MLS# OC26008212) is a Multi-Family property that was sold at $5,500,000 on August 11, 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.

