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Family house with a porch
Family house with a porch

Family house with a porch

For Sale House Listed 42 days ago

Riverside North Fourplex

118 Railyard Street, Port Alder, CA 94014 · Riverside North

$2,350,000

$534 / sq ft

  • 8 beds
  • 4 baths
  • 4,400 sq ft
  • 2 garage
  • Built 2022
  • 5,000 sq ft lot

About this home

Overview

A fully leased, energy-efficient fourplex with strong in-place rents and long-term upside near the new rail line.

Inside, 4,400 sq ft of living space is arranged around the way people actually live: an open, sociable heart for cooking and gathering, and quieter rooms set apart for rest and focus. Natural light is the constant, from morning sun in the kitchen to long evening light in the living spaces.

This house has been cared for with an eye to both character and comfort — thoughtful updates, quality materials and systems that are ready for the next decade. Disclosures, inspection reports and HOA documents are available on request.

Everything that makes Riverside North special is close by: 100% leased and 6.1% cap rate are just the beginning.

  • 100% leased
  • 6.1% cap rate
  • All-electric
  • Separate meters

Property details

Property ID
NV-0161
Type
House
Status
For Sale
Year built
2022
Interior
4,400 sq ft
Lot size
5,000 sq ft
Price / area
$534 per sq ft
Parking
2-car garage
Heating
Heat pump
Taxes
$27,730 / year

Features & amenities

Interior features

  • Four 2-bed units
  • Separate utility meters
  • Tenant storage

Floor plans

Area
2,288 sq ft
Bedrooms
1 bed
Bathrooms
1 bath

For illustration only — not to scale.

Ground Floor

2,288 sq ft

Floor plan: Ground Floor

Upper Floor

2,112 sq ft

Floor plan: Upper Floor

Riverside North

Location

118 Railyard Street, Port Alder, CA 94014

Walk Score

82/100

Very good

Transit Score

85/100

Very good

What’s nearby

Schools

  • Riverside North Middle School 0.4 mi

Transit

  • Bus Stop 0.5 mi

Groceries

  • Green Basket Co-op 0.5 mi

Parks

  • Riverside North Pocket Park 0.6 mi

Dining

  • Corner Café 0.8 mi

Health

  • Pharmacy 0.8 mi

Fitness

  • Climbing Gym 0.9 mi
Explore the Riverside North guide

Estimate your payment

Mortgage calculator

$2,350,000
$470,000 · 20%

Annual percentage rate. Check today’s rates with a lender.

Loan term

Per month $14,513
  • Principal $5,222
  • Interest $6,353
  • Property tax $2,311
  • Insurance $627
Loan amount
$1.88M
Total interest
$2.29M
Payoff
2056

Principal and interest are shown as averages over the life of the loan. Estimates only — not a loan offer.

Get pre-approved

Estimates only, based on taxes of $27,730/yr. Speak with a lender for an exact quote.

Listed by

Ethan Reyes

Investment Advisor

4.8(61 reviews)
“Buy the numbers, not the hype.”

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$2,350,000

118 Railyard Street, Port Alder, CA 94014

Contact Ethan Reyes

Riverside North Fourplex