Keegan Cin | Realtor® | License # DRE 01971604

Property

Riverside, CA 92505 11325 Magnolia Avenue

11325 Magnolia Avenue Riverside, CA - Image 111325 Magnolia Avenue Riverside, CA - Image 211325 Magnolia Avenue Riverside, CA - Image 3
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Presented By: AIMEE GHAFOURI with CURB; 951-331-8453
  • MLS# IV25023551
  • 01/31/2025
  • Request Tour
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  • SQFT • 81,431
  • Year Built • 1946

Home Details

( Check The Pictures For Our Conceptual Design ) The property currently features a single-family residence and a detached garage, both slated for demolition to make way for a proposed 51-unit apartment development. The project includes: 46 one-bedroom units 5 two-bedroom units 82 parking stalls (all located on the first floor) A four-story building with a gross building area of 81,431 square feet Situated on a 40,946 square foot lot All units offered at market-rate rents The site is zoned MU-U-TA (Mixed-Use, Multi-Family, Urban Transit-Oriented). Comprehensive plans have already been prepared, including: Architectural design Structural engineering Civil engineering Geotechnical report MEP (Mechanical, Electrical, Plumbing) Title 24 Compliance This project is designed to maximize the potential of this prime location while adhering to zoning and transit-oriented development principles
Presented By: AIMEE GHAFOURI with CURB; 951-331-8453

Interior Features for 11325 Magnolia Avenue

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesElectricDryerHookup, GasDryerHookup
LivingAreaSourceAssessor
Total Stories1

Other Rooms

Entry Level1

General for 11325 Magnolia Avenue

Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityRiverside
CountyRiverside
Current FinancingNone
DirectionsExit La Sierra, Left on Magnolia. Located between Magnolia Apartments and Cedar Apartments
Electric On Property Y/NNo
Garage Y/NNo
HOANo
HeatingCentral
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, Conventional, PrivateFinancingAvailable
Lot Size Square Feet40946.0
Lot Size UnitsSquareFeet
MLS Area252 - Riverside
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeOwner
Property Attached Y/NNo
Property Sub Type AdditionalMultiFamily
Property SubtypeMultiFamily
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Waterfront Y/NNo
Year Built1946

Exterior for 11325 Magnolia Avenue

Building Area Total81431.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesZeroToOneUnitAcre
Lot Size Acres0.94
Lot Size Area40946.0
Lot Size SourceAssessor
Open Parking Y/NNo
Private PoolNo
SpaNo
Water SourcePublic

Additional Details

Price History

Justin Hughey

Price $2,999,999
MLS#IV25023551
List Date 01/31/2025
Property Type Commercial
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Request Info

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