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      California Regional Multiple Listing Service

      The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

      Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced 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

      $2,000,000
      For Sale

      8527 Janet Ave

      Riverside, CA 92503
      2.89 acres | #25613061
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      Listing OfficeMarcus & Millichap
      4 photos
      Type:Purchase
      Structure:Land
      Zone:Residential

      Description

      The LAAA Team is pleased to present Janet Avenue Apartments, a RTI 104-unit senior (55+) apartment community located at 8527 Janet Avenue in Riverside, California. Positioned on a 2.89 acre infill parcel within a mature residential neighborhood, the project represents a rare large scale new construction opportunity catering to the region's expanding senior demographic. The thoughtfully designed community features modern three-story apartment buildings, abundant open space, and ample covered and EV ready parking, creating an inviting, amenity driven living environment for independent seniors in one of Inland Southern California's most resilient multifamily markets.PropertyDesigned by Broeske Architects & Associates, the Janet Avenue Apartments will consist of two three-story buildings totaling 104 units with a balanced, efficient mix of 36 one-bedroom/one-bath units (688 SF), 60 two-bedroom/one-bath units (730 SF), and 8 two-bedroom/one-bath corner units (875 SF). The project incorporates Type VB sprinklered construction (NFPA-13) and complies with 2019 CalGreen and CBC standards.Amenities include 39,000+ square feet of open and recreational space, indoor community lounges, courtyards with garden beds, and BBQ/fireplace gathering areas. Residents will benefit from 62 covered carport spaces, 12 EV-ready charging stations, and ADA compliant access throughout. With fully designed plans, completed plan-check corrections, and no public funding restrictions, Janet Avenue Apartments presents a streamlined path to entitlement and long-term operational stability.LocationLocated in the heart of western Riverside, the property offers proximity to retail, healthcare, and lifestyle amenities ideally suited for senior living. The community lies minutes from Kaiser Permanente Riverside, Galleria at Tyler, and major service retailers, with convenient access to the 91 and 15 Freeways connecting to Corona, Orange County, and the greater Inland Empire.Riverside has emerged as a regional hub for age-restricted housing, with numerous 55+ communities demonstrating consistent high occupancy and stable rent growth due to the area's affordable cost of living, temperate climate, and strong healthcare infrastructure. The Janet Avenue Apartments leverage these proven market fundamentals to deliver a sustainable, income-producing senior housing investment supported by enduring demographic trends and a strategic infill location.

      • Property Details
          • Original List Price$2,000,000
          • CountyRiverside
          • Property TypePurchase
          • MLS #25613061
          • MLS #25613061
          • Cost2000000
          • Acres2.89
          • Property SubtypeLand

      Location

      Legal

      The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

      Based on information from California Regional Multiple Listing Service, Inc. as of the most recent time synced 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

      Last Updated: Yesterday at 9:25 PM. Source: CRMLS

      Provided By
      Listing Agent: Filip Niculete (#CLW-C112897)
      Listing Office: Marcus & Millichap (#CLW-X75151)

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