11325 Magnolia Avenue, Riverside, CA 92505

Riverside
Local realty services provided by:ERA North Orange County Real Estate
11325 Magnolia Avenue,Riverside, CA 92505
$2,999,000
  • 0.94 Acres
  • Lots / Land
  • Active
Listed by: oscar diaz
Office: marcus & millichap310-909-5500
MLS#:26829657
Source:CRMLS

Price summary

  • Price:$2,999,000

About this home

We are pleased to present 11325 Magnolia Avenue, a 54-unit entitled multifamily development opportunity in Riverside, California, offered at $2,999,000. The entitlement is approved. Plans are in place for a 4-story wood-frame residential building on a flat 0.94-acre site on Magnolia Avenue. At $55,537 per buildable unit, the pricing reflects the entitlement work already completed and a site ready to move toward building permit. The building consists of 49 one-bedroom units and 5 two-bedroom units across four stories of residential space above ground-level parking. Designed by Hedgemon PD, LLC out of Newport Beach. The amenity package includes a gym, game room, 4th-floor viewing deck and outdoor lounge, central courtyard, tot lot, bike storage, elevator, in-unit laundry, and EV charging. Balconies on the majority of units. Parking totals 84 spaces including 3 ADA and 3 EV charging spaces. A rooftop solar zone is designated.11325 Magnolia Avenue sits on one of Riverside's...

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Home facts

  • Listing ID #:26829657
  • Added:1 day(s) ago
  • Updated:May 05, 2026 at 02:39 AM

Structure and exterior

  • Lot area:0.94 Acres

Finances and disclosures

  • Price:$2,999,000
Based on information from California Regional Multiple Listing Service, Inc. as of May 5, 2026 . 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. 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, 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. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. All properties are subject to prior sale or withdrawal. All information provided is deemed reliable but is not guaranteed accurate, and should be independently verified.

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