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11325 Magnolia Ave
Riverside, CA 92505 La Sierra

$2,750,000 USD

Land For Sale  •  0.94 AC

Property Details

  • Property Type Land
  • Lot Size 0.94 AC
  • Zoning Mixed Use
36 Transit Score
65 Walk Score

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

Public Transportation

Commuter RailDriveWalkDistance
Riverside-La Sierra (91 Line - Southern California Regional Rail Authority (Metrolink), Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink)) 4 min - 1.4 mi
North Main Corona (91 Line - Southern California Regional Rail Authority (Metrolink), Inland Empire-Orange County Line - Southern California Regional Rail Authority (Metrolink)) 8 min - 5.7 mi
AirportDriveWalkDistance
Ontario International 27 min - 19.7 mi
John Wayne/Orange County 40 min - 33.4 mi
Aimee Ghafouri 951-834-5635 951 Properties Llc
Aimee Ghafouri 951-834-5635 951 Properties Llc