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$3,250,000
42 Days On Site

11325 Magnolia Avenue
Riverside, CA 92505

For Sale|Multi Family|Active
0
Beds
0
Full Baths
0
Partial Baths
81,431
SqFt
$40
/SqFt
1946
Built
County:
Riverside
Listed by AIMEE GHAFOURI of CURB [email protected]

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11325 Magnolia Avenue11325 Magnolia Avenue11325 Magnolia Avenue11325 Magnolia Avenue
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( 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

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Listing Snapshot
Price 
$3,250,000
Days On Site 
42 Days
Bedrooms 
N/A
Inside Area (SqFt) 
81,431 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.94 Acres
Year Built 
1946
MLS® Number 
IV25023551
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
a month agoPrice changed to $3,250,000
a month agoListing updated with changes from the MLS®
a month agoStatus changed to Active
a month agoListing first seen on site
General Features
Acres 
0.94
Number Of Stories 
1
Property Sub Type 
Multi Family
Special Circumstances 
Standard
SqFt Total 
81431
Water Source 
Public
Interior Features
Heating 
Central
Laundry Features 
Electric Dryer HookupGas Dryer Hookup
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Community Features
Financing Terms Available 
CashConventionalPrivate Financing Available
MLS Area 
252 - Riverside


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
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