Updated Aug 10, 2026
CBRE's Eric Chen & Blake Torgerson Represent Sale Of Riverside Multifamily For $34.5M
4826 Van Buren Boulevard
$34,500,000
$384/SF
Building Size
89,776 SF
Asset Type
MultiFamily
Closing
Aug 5, 2026
About this deal
AI
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.
On the Map
$34,500,000
$384/SF
MultiFamily
View full map
Riverside MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
Loading comparables…
Deal FAQ
Visit Eric Chen to view all their deals.
Browse Riverside multifamily sales on Traded.
Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.46%
Cash-on-Cash
-0.13%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93