CBRE's Eric Chen & Blake Torgerson Represent Sale Of Riverside Multifamily For $34.5M

The multifamily property located at 4826 Van Buren Boulevard in Riverside consists of 98 units and encompasses a total square footage of 89,776. The transaction was completed with a sale price of $34,500,000, resulting in a price per unit of $352,040 and a price per square foot of $384.

Summary of transaction details:

• Property Type: Multifamily
• Transaction Amount: $34,500,000
• Units: 98
• Square Footage: 89,776
• Price Per Unit: $352,040
• Price Per Square Foot: $384
• Date of Transaction: 08/05/2026
• Broker Representatives: Eric Chen & Blake Torgerson - CBRE

Eric Chen and Blake Torgerson represented the transaction through CBRE, playing a key role in facilitating the deal for the multifamily asset located in Riverside.