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$2,750,000 Just Listed
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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
Full Property Details
Full Property Details for 11325 Magnolia Ave
General
- Price: $2,750,000
- Status: Active
- Type: Commercial Multi-Family
- Source: MRMLS
- MLS ID: IV26034202
- Updated: 2/14/2026
- Days on Market: 6 days
- Added to Site: 6 day(s) ago
Interior
- Laundry Facilities: Yes
Rooms
Other Rooms
- Laundry: Gas & Electric Dryer Hookup, Gas Dryer Hookup
Location
- County: Riverside
- Driving Directions: Exit La Sierra, Left on Magnolia. Located between Magnolia Apartments and Cedar Apartments
Heating & Cooling
- Heating Type: Central
Structural Information
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 81431
- Square Feet: 81,431
- Year Built: 1946
Lot Features
- Lot Size (Acres): 0.94
- Useable Acres: .94
- Lot Size (Sq. Ft.): 40,946
- Lot Size Source: Assessor
- Lot Features: 0-1 Unit/Acre
- Lot Description: 0-1 Unit/Acre
Financial Considerations
- Price Per Sq. Ft.: $33
Disclosures and Reports
- Property ID: 142231007
Listed by Curb, AIMEEGHAFOURI
Get Pre-Approved Today
Schools
Schools serving 11325 Magnolia Ave
School District:Alvord Unified School District
| Name | Grades | Distance |
|---|---|---|
S. Christa Mcauliffe Elementary School 4100 Golden Avenue, Riverside, CA 92505 | K-5 | 0.4 mi |
Ysmael Villegas Middle School 3754 Harvill Lane, Riverside, CA 92503 | 6-8 | 1.9 mi |
La Sierra High School 4145 La Sierra Avenue, Riverside, CA 92505 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 11325 Magnolia Ave
Date
Details
Price
Change
Source
2/14/2026
Listed
$2,750,000
223.53%
MLS
1/29/2025
Sold
$850,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 11325 Magnolia Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$13,093
3%
$1,060,145
2%
2024
$12,678
2%
$1,039,359
2%
2023
$12,482
148%
$1,018,980
140%
2022
$5,025
2%
$425,340
2%
2021
$4,943
-2%
$417,000
-2%
2020
$5,022
1%
$426,360
2%
2019
$4,957
87%
$418,000
90%
2018
$2,653
2%
$219,558
2%
2017
$2,605
2%
$215,254
2%
2016
$2,562
1%
$211,034
2%
2015
$2,525
—
$207,867
2%
2014
$2,516
—
$203,797
—
2013
$2,511
—
$202,878
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 11325 Magnolia Ave
11325 Magnolia Avenue, Riverside, CA 92505 (MLS# IV26034202) is a Commercial Multi-Family property. 11325 Magnolia Avenue is currently listed for $2,750,000 and was received on February 14, 2026. Want to learn more about 11325 Magnolia Avenue? Do you have questions about finding other Commercial Multi-Family real estate for sale in Riverside? You can browse all Riverside real estate or contact a Coldwell Banker agent to request more information.

