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With buyer eyeing rent increases, Inland Empire apartments sell

The 44-unit property sits near the University of California, Riverside, campus
The multifamily property at 3401 Ramona Drive in Riverside, California, has 44 rental units. (CoStar)
The multifamily property at 3401 Ramona Drive in Riverside, California, has 44 rental units. (CoStar)
By Lauren Rupe
CoStar Research
December 2, 2024 | 4:46 P.M.

As multifamily demand accelerates in California's Inland Empire, an apartment complex dubbed Ramona Oaks traded between private sellers for more than its last purchase price.

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