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$14,000,000
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Property 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.
Full Property Details
Full Property Details for 2032 W Linden
General
- Price: $14,000,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: CV26053930
- Updated: 3/16/2026
- Days on Market: 27 days
- Added to Site: 27 day(s) ago
Rooms
Other Rooms
- Laundry: Common Area
Additional Information
- Pool Description: In-Ground, Community
- Spa Description: None
Parking
- Garage Spaces: 5
Location
- Area: 252 - Riverside
- County: Riverside
- Development Name: 252 - Riverside
- Driving Directions: Merge onto CA-60 E toward Riverside, Use the right lane to take exit 33 for 3rd St toward Blaine St, Turn right onto 3rd St, Turn left onto Chicago Ave, Turn right onto W Linden St
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Wall Furnace
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 63
- # Electric Meters: 63
Structural Information
- Entry Location: 1
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 46,834
- Year Built: 1959
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
Unit 2
- Number of Units: 39
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 23
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 1.52
- Lot Size (Sq. Ft.): 66,211
- Lot Size Source: Assessor
- Lot Description: Lot Over 40000 Sqft
Financial Considerations
- Price Per Sq. Ft.: $298.93
- Price Per Unit: 222222
Listed by Cb Richard Ellis, Eric Chen
Get Pre-Approved Today
Schools
Schools serving 2032 W Linden
School District:Riverside Unified School District
| Name | Grades | Distance |
|---|---|---|
Longfellow Elementary School, Riverside, CA 3610 Eucalyptus Avenue, Riverside, CA 92507 | K-6 | 0.2 mi |
Matthew Gage Middle School 6400 Lincoln Avenue, Riverside, CA 92506 | 7-8 | 3.1 mi |
John W. North High School 1550 3rd Street, Riverside, CA 92507 | 9-12 | 0.7 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 2032 W Linden
Date
Details
Price
Change
Source
3/12/2026
Listed
$14,000,000
299.29%
MLS
6/30/2003
Sold
$3,506,250
—
Public Record
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
Tax History for 2032 W Linden
Year
Property Taxes
Change
Tax Assessment
Change
2025
$50,474
3%
$4,416,833
2%
2024
$48,849
—
$4,330,381
2%
2023
$48,641
2%
$4,245,624
2%
2022
$47,764
2%
$4,162,530
2%
2021
$46,990
1%
$4,073,315
1%
2020
$46,643
2%
$4,031,549
2%
2019
$45,781
2%
$3,952,500
2%
2018
$44,906
108%
$3,875,000
117%
2017
$21,566
6%
$1,786,667
2%
2016
$20,251
1%
$1,751,635
2%
2015
$19,977
—
$1,725,325
2%
2014
$19,909
-1%
$1,691,529
—
2013
$20,044
—
$1,688,377
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 2032 W Linden
2032 W Linden, Riverside, CA 92507 (MLS# CV26053930) is a Multi-Family property with 63 units containing 0 bedrooms and 0 full bathrooms. 2032 W Linden is currently listed for $14,000,000 and was received on March 12, 2026. Want to learn more about 2032 W Linden? 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.

