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
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
TurboHome Fair Market Estimate
TurboHome Savings
-$12,522
TurboHome Estimated Value
$957,600
$621 sqft
High Valuation
$1,005,480
$652/sqft
Normal Valuation
$957,600
$621/sqft
Low Valuation
$909,720
$590/sqft
3rd Party Estimates
Source | $/sqft | Valuation |
---|---|---|
HouseCanary | $621/sqft | $957,600 |
Get a detailed valuation report, schedule a tour or make an offer!
“I specialize in helping clients find their dream home or next investment in California, focusing on residential and multi-family properties. My client-first approach, clear communication, and attention to detail ensure that everyone I work with receives exceptional service.”
Neighborhood: La Sierra
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Comparative Value
$575K
$2.75M
4422 Lakeview Ct, Riverside, CA 92505
Sale Price: $575,000
Selected Comparable
10760 Starlight Ct, Riverside, CA 92505
Sale Price: $620,000
Selected Comparable
4142 Polk St, Riverside, CA 92505
Sale Price: $625,000
Selected Comparable
4464 Clarksdale Dr, Riverside, CA 92505
Sale Price: $690,000
Selected Comparable
11228 Cameron Dr, Riverside, CA 92505
Sale Price: $753,000
Selected Comparable
11325 Magnolia Ave, Riverside, CA 92505
List Price: $2,750,000
Subject Property
Neighborhood Comps
Subject Property
SUBJECT11325 Magnolia Ave, Riverside, CA 92505
List: $2,750,000
Listed: 1/31/2025
Area:1,541 sqft
Price/sqft:$1,785
Beds:2
Baths:1
Year Built:—
Lot Size:40,946
Comparable Properties
COMPARABLEChoose comps
4422 Lakeview Ct, Riverside, CA 92505
Sale: $575,000
1/15/2025 • 0.84 mi
Area:1,219 sqft
Price/sqft:$472
Beds:2
Baths:2
Year Built:—
Weight:22.2%
4464 Clarksdale Dr, Riverside, CA 92505
Sale: $690,000
5/23/2025 • 0.88 mi
Area:1,690 sqft
Price/sqft:$408
Beds:3
Baths:2
Year Built:—
Weight:20.3%
11228 Cameron Dr, Riverside, CA 92505
Sale: $753,000
2/4/2025 • 0.71 mi
Area:1,678 sqft
Price/sqft:$449
Beds:3
Baths:2
Year Built:—
Weight:19.4%
10760 Starlight Ct, Riverside, CA 92505
Sale: $620,000
11/8/2024 • 0.82 mi
Area:1,428 sqft
Price/sqft:$434
Beds:3
Baths:2
Year Built:—
Weight:19.0%
4142 Polk St, Riverside, CA 92505
Sale: $625,000
3/5/2025 • 0.99 mi
Area:1,375 sqft
Price/sqft:$455
Beds:3
Baths:2
Year Built:—
Weight:19.0%
Subject Property
SUBJECTImage | Address | List Price | sqft | Price/sqft | Lot Size | Distance | List Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
11325 Magnolia Ave, Riverside, CA 92505 | $2,750,000 | 1,541 | $1,785 | 40,946 | — | 1/31/2025 | 2 | 1 | — | — |
Comparable Properties
COMPARABLEChoose comps
Image | Address | Sale Price | sqft | Price/sqft | Lot Size | Distance | Sale Date | Beds | Baths | Year Built | Weight |
---|---|---|---|---|---|---|---|---|---|---|---|
4422 Lakeview Ct, Riverside, CA 92505 | $575,000 | 1,219 | $472 | 2,484 | 0.84 mi | 1/15/2025 | 2 | 2 | — | 22.2% | |
4464 Clarksdale Dr, Riverside, CA 92505 | $690,000 | 1,690 | $408 | 11,761 | 0.88 mi | 5/23/2025 | 3 | 2 | — | 20.3% | |
11228 Cameron Dr, Riverside, CA 92505 | $753,000 | 1,678 | $449 | 7,405 | 0.71 mi | 2/4/2025 | 3 | 2 | — | 19.4% | |
10760 Starlight Ct, Riverside, CA 92505 | $620,000 | 1,428 | $434 | 7,405 | 0.82 mi | 11/8/2024 | 3 | 2 | — | 19.0% | |
4142 Polk St, Riverside, CA 92505 | $625,000 | 1,375 | $455 | 7,405 | 0.99 mi | 3/5/2025 | 3 | 2 | — | 19.0% |
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