Riverside, CA 92505,11325 Magnolia AVE
Riverside, CA 92505,11325 Magnolia AVE
Riverside, CA 92505,11325 Magnolia AVE
Riverside, CA 92505,11325 Magnolia AVE
Riverside, CA 92505,11325 Magnolia AVE
Riverside, CA 92505,11325 Magnolia AVE
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Scott Greenspan

Scott Greenspan

Greenspan Realty

+1(310) 936-7270
$ 2,750,000
Est. payment | /mo

0.94 Acres Lot


Save
$ 2,750,000
Est. payment | /mo
Save

0.94 Acres Lot

Key Details

Property Type Commercial

Sub Type Multi Family

Listing Status Active

Purchase Type For Sale

MLS Listing ID IV25023551

HOA Y/N No

Year Built 1946

Lot Size 0.940 Acres

Property Sub-Type Multi Family

Property Description

( 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

Location

State CA

County Riverside

Area 252 - Riverside

Interior

Heating Central

Fireplace No

Laundry Electric Dryer Hookup, Gas Dryer Hookup

Building

Lot Description 0-1 Unit/Acre

Story 1

Water Public

Others

Tax ID 142231007

Acceptable Financing Cash, Conventional, Private Financing Available

Listing Terms Cash, Conventional, Private Financing Available

Special Listing Condition Standard

CRMLS – RECore
Listed by AIMEE GHAFOURI CURB 951-331-8453

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Promenade Elementary School

    Public | KG - 5

  • 9

    Lake Hills Elementary School

    Public | KG - 5

  • 8

    Lake Mathews Elementary School

    Public | KG - 6

  • 5

    Home Gardens Academy

    Public | KG - 8

  • 5

    Rosemary Kennedy Elementary School

    Public | KG - 5

  • 5

    Orrenmaa Elementary School

    Public | KG - 5

  • 5

    Myra Linn Elementary School

    Public | KG - 5

  • 5

    Liberty Elementary School

    Public | KG - 6

  • 5

    Jackson Elementary School

    Public | KG - 6

  • 5

    Harrison Elementary School

    Public | KG - 6

  • 4

    Stroke Elementary School

    Public | KG - 5

  • 4

    Twinhill Elementary School

    Public | KG - 5

  • 4

    McAuliffe Elementary School

    Public | KG - 5

  • 4

    Foothill Elementary School

    Public | KG - 5

  • 3

    Collett Elementary School

    Public | KG - 5

  • 3

    La Granada Elementary School

    Public | KG - 5

  • 3

    Arlanza Elementary School

    Public | KG - 5

  • 1

    Valley View Elementary School

    Public | KG - 5

  • 0

    Mount Carmel Academy

    Private | KG - 8

  • 0

    Countryside Montessori Center

    Private | PK - KG

Middle Schools 4
  • 5

    Villegas Middle School

    Public | 6 - 8

  • 5

    Loma Vista Middle School

    Public | 6 - 8

  • 5

    Arizona Middle School

    Public | 6 - 8

  • 1

    Wells Middle School

    Public | 6 - 8

High Schools 5
  • 6

    Hillcrest High School

    Public | 9 - 12

  • 4

    La Sierra High School

    Public | 9 - 12

  • 1

    Alvord Alternative Education Center

    Public | 10 - 12

  • 0

    Alvord Continuation High School

    Public | 9 - 12

  • 0

    Sherman Indian High School

    Public | 9 - 12

School and business data provided by Attom Data.
Greenspan Realty

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

 

Scott Greenspan

Broker Owner

+1(310) 363-0606

info@greenspanrealty.net

Rancho Palos Verdes, CA, 90275, USA

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11325 Magnolia AVE