11325 Magnolia Avenue Active Save Request In-Person Tour Request Virtual Tour
Riverside,CA 92505
Key Details
Property Type Commercial
Sub Type Multi Family
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV-25023551
Year Built 1946
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
Laundry Gas & Electric Dryer Hookup,Gas Dryer Hookup
Building
Lot Description 0-1 Unit/Acre