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11325 Magnolia Avenue, Riverside, CA 92505

Riverside
Local realty services provided by:CENTURY 21 Sierra Properties
11325 Magnolia Avenue,Riverside, CA 92505
$2,999,000
  • 0.94 Acres
  • Lots / Land
  • Active
Listed by: oscar diaz
Office: marcus & millichap
MLS#:CL26829657
Source:Bay East, CCAR, bridgeMLS

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 #:CL26829657
  • Added:107 day(s) ago
  • Updated:August 20, 2026 at 02:42 PM

Structure and exterior

  • Lot area:0.94 Acres
  • Architectural Style:Unimproved Land

Finances and disclosures

  • Price:$2,999,000
MLS LogoBay East 2026. CCAR 2026 bridgeMLS 2026. Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at August 20, 2026 CA_BRIDGEMLS Member Broker: Jesse Gibbs

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