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    9414 Magnolia Avenue

    Riverside, CA 92503
    • $640,000
    • STATUS: Active
    • ON SITE: 92 days
    • ID#: EV20066277
    UPDATED: 42 min ago
    $640,000
    • 0
      BEDS
    • 0.12
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,802
      SQFT
    • $168
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Four tenant, street-front retail property currently 100% leased. Great for investors or owner-users (tenants are on short-term leases). Corner lot with approximately 45' of frontage along busy Magnolia Avenue (ADT = 29,223) and 120' of frontage along Farnham Place, in the heart of Riverside. Once block east of Van Buren Boulevard. Close proximity to 91 Freeway, Cal Baptist University, and Kaiser Permanente. Directly across from free public parking lot. Rare opportunity for good retail exposure together with access to good parking.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-07-02T16:31:13.097. 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 deemed reliable but is not guaranteed accurate by the MLS or Z Team OC Real Estate | Keller Williams Realty. Licensed in the State of California, USA.

    www.homefinderorangecounty.com/homes/104703848
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    9414 Magnolia Avenue Riverside, CA 92503

    • Price: $640,000
    • Status: Active
    • Updated: 42 min ago
    • ID#: EV20066277
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.12
    Acres
    3,802
    SQFT
    $168
    $/SQFT
    Neighborhood:
    252 - Riverside
    County:
    Riverside
    Area:
    252 - Riverside
    Property Description
    Four tenant, street-front retail property currently 100% leased. Great for investors or owner-users (tenants are on short-term leases). Corner lot with approximately 45' of frontage along busy Magnolia Avenue (ADT = 29,223) and 120' of frontage along Farnham Place, in the heart of Riverside. Once block east of Van Buren Boulevard. Close proximity to 91 Freeway, Cal Baptist University, and Kaiser Permanente. Directly across from free public parking lot. Rare opportunity for good retail exposure together with access to good parking.
    Exterior Features

    Lot Features Corner Lot Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Building Status Existing Country Us Effective Gross 50568 Gross Scheduled Income 51600.00 Land Use OfficeRetail Laundry YN No Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Net Operating Income 36768.00 Operating Expense 13800.00 Property Sub Type Retail Special Listing Conditions Standard Vacancy Allowance 1032 Vacancy Allowance Rate 2.00 Water Source Public

    Listing provided courtesy of Jim Towers of Towers & Associates


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-07-02T16:31:13.097. 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 deemed reliable but is not guaranteed accurate by the MLS or Z Team OC Real Estate | Keller Williams Realty. Licensed in the State of California, USA.

     
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