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11325 Magnolia Avenue Riverside, CA $ 2,750,000
11325 Magnolia Avenue
$ 2,750,000
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11325 Magnolia Avenue

Riverside, CA, 92505
$ 2,750,000
Bedrooms-- Baths-- Sq 81,431

Monthly Estimate*

$ 17,156

Listed by CURB
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Commercial Property for sale in Riverside, CA

for $2,750,000. This 81,431 square foot building was built in 1946 on a lot size of 0.94.

( 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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Commercial Active

Price

$ 2,750,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.94

Year Built

1946

Town/City

Riverside

County/Region

Riverside

MLS | Web ID

IV25023551

Days on Market

316

Features
General
Heating Central
Year Built 1946
Property Subtype Multi Family
County Riverside
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Directions Exit La Sierra Left on Magnolia. Located between Magnolia Apartments and Cedar Apartments
City Riverside
MLS Area 252 - Riverside
Lot Size Units Square Feet
Lot Size Square Feet 40946
Listing Terms Cash Conventional Private Financing Available
Current Financing None
Additional Parcels Y/N 0
Building Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Property Sub Type Additional Multi Family
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Interior
Total Stories 1
Heating Y/N 1
Laundry Features Electric Dryer Hookup Gas Dryer Hookup
Entry Level 1
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Exterior
Lot Features 0-1 Unit/Acre
Water Source Public
Lot Size Area 40946
Building Area Total 81431
Lot Size Acres 0.94
Lot Size Source Assessor
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* Excluded Features
List By
Curb

Broker

aimee.g@951properties.com

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$17,156
Per Month
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Monthly Principal & Interest
$17,156
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/28/2025$2,750,000 Listed Price

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11325 Magnolia Avenue, Riverside, CA, 92505 is a Commercial Property for sale at $2,750,000 with 81,431 sqft and a lot size of 0.94. 11325 Magnolia Avenue was built in 1946. The property's zip code is 92505 which is in Riverside, CA