104 Unit RTI Senior Housing Development
$2,000,000
8527 Janet Avenue, Riverside, CA 92503
125,888 sqft
Lot Area
15.88
Price Per Sqft
Details:
Highlights:
- 2.89 Acre Infill Parcel
- 55+ Age Restricted Living
- Modern 3 Story Design
- EV Charging Hubs & Carports
- 39K SF Open & Rec Space
- Near Kaiser & Galeria at Tyler
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.
Property
Designed 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.
Location
Located 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.
Documents:
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8527_Janet_Ave_OM.pdf
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Location
Gallery