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10466 Magnolia Ave, Riverside, CA 92505
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10466 Magnolia Ave Riverside, CA 92505

$2,000,000 Sold Price as of 05/14/2024
  • -- Beds
  • -- Baths
  • 3,960 Sq.Ft.
Sold
$2,000,000 Sold Price as of 05/14/2024 Refinance Your Mortgage
Map preview of 10466 Magnolia Ave, Riverside, CA 92505

Property Overview: 10466 Magnolia Ave Riverside, CA has -- bedrooms, -- bathrooms, 3,960 living square feet and 26,136 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Prominent freestanding former famous Chinese restaurant "Dragon House". This 3960-square-foot building is in a popular area by Galleria Tyler mall shopping center. Lots of shopping around this area, Macy’s, Furniture City, Barnes & Noble and J.C. Penney. It is highly visible along the Magnolia Ave. Lots of drive by Vehicles. The single-story property is primely positioned over 0.6 acres and provides ample on-site parking with lots of spaces and seamless ingress and egress. It has private room. Many celebrities, movie stars have patronized the famous "Dragon House" This property serves as an incredible value-added investment or owner-user opportunity in this thriving market in the City of Riverside.

Listed by KAREN CHENG | BRE #01774394 | BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY
Last checked: 4 minutes ago | Last updated: May 16th, 2024 | Source CRMLS | DOM: 306

Home details

Lot Sq. Ft
26,136
HOA Dues
$0/mo
Year built
1953
Garage
--
Property Type:
Retail
Status
Sold
MLS#
IV23094396
City
Riverside
County
Riverside
Time on Site
471 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Property Details for 10466 Magnolia Ave

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • No Heating
  • None
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Corner Lot, Flag Lot
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 138091015
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Natural Gas Connected, Sewer Connected
Location / Neighborhood
Location Information
  • Directions: Magnolia
View more facts & features

Local Riverside Agent

Sale History for 10466 Magnolia Ave

Last sold for $2,000,000 on May 14th, 2024

  • May, 2024

  • May 14, 2024

    Date

    Sold

    CRMLS: IV23094396

    $2,000,000

    Price

  • May 31, 2023

    Date

    Active

    CRMLS: IV23094396

    $2,250,000

    Price

  • April, 1989

  • Apr 30, 1989

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 10466 Magnolia Ave

Assessed Value (2020): $695,543
Year Land Value Improved Value Assessed Value
2020 $408,083 $287,460 $695,543

Home Value Compared to the Market

This property vs the competition

10466 Magnolia Ave sold on May 14, 2024 for 235.38% higher than the current median sold price for the city of Riverside which is $650,000. The median sold price per/sqft for Riverside is $389 and this home is sold at $550.51 per/sqft which puts the price per square foot 41.52% higher than the current median sale per square foot for the city of Riverside.

About 10466 Magnolia Ave

Detailed summary of property

10466 Magnolia Ave is a retail that recently sold in Riverside, CA 92505. This retail property offered -- bedrooms, -- bathrooms, roughly 3,960 living square feet, and sits on an approximately 26,136 square foot lot. 10466 Magnolia Ave was first listed on ArdentRealEstateGroup.com on June 5, 2023. The homeowner sold the property for $2,000,000. Home in Riverside are selling for a median price of $650,000 and a median price per square foot of $389. Based on Ardent Real Estate Group's Riverside Market Data, this home is sold 235.38% higher than the current median priced home. Local homes that are currently for sale include 1600 4th Ave, 1066 W 6th St and 407 Iowa Ave. While the average home in Riverside, CA is selling in 53 days, 10466 Magnolia Ave has a days on market of 306 days. There are currently 791 homes for sale in the Riverside real estate market and 727 of them are single family homes while 55 of them are condos and 9 are townhomes. For more information on this home for sale at 10466 Magnolia Ave Riverside, CA 92505 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 10466 Magnolia Ave

Public county record property details
Beds
--
Baths
--
Year built
1953
Sq. Ft.
--
Lot Size
26,136
Stories
1
Type
Commercial (General)
Pool
No
Spa
No
County
Riverside
Lot#
2
APN
138-091-015

The source for these homes facts are from public records.

92505 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$659,999
Median List Price/Sq.Ft.
$403
Median Sold Price
$670,000
Median Sold Price/Sq.Ft.
$384
Total Inventory
64
Median Sale to List Price %
100%
Avg Days on Market
25
Loan Type
Conventional (60%), FHA (20%), VA (13.33%), Cash (0%), Other (6.67%)

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Recently Sold Homes Near 10466 Magnolia Ave

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$650,000 Last Sold Price
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3770 Van Buren Blvd, Riverside, CA 92503
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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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