11325 Magnolia Avenue
Riverside, CA 92505
Active for $2,850,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 40,946 sqft
MLS | IV25023551 |
Year Built | 1946 |
Property Type | Multi Family |
County | Riverside |
Status | Active |
Active | $2,850,000 |
Structure Size | N/A sqft |
Lot Size | 40,946 sqft |
Beds | N/A |
Baths | N/A |
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
Listing information courtesy of: AIMEE GHAFOURI, CURB 951-331-8453. *Based on information from the Association of REALTORS/Multiple Listing as of 02/07/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.