7121 Magnolia Ave Riverside, CA 92504

$--

-- Beds
-- Baths
-- Sq.Ft.

Off Market

Map preview of 7121 Magnolia Ave, Riverside, CA 92504

Property Overview: 7121 Magnolia Ave Riverside, CA has -- bedrooms, -- bathrooms, -- living square feet and 12,632 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Home Value Compared to the Market

7121 Magnolia Ave is currently an off market home in the city of Riverside. If you are considering making a home purchase, the value you pay for your home will depend on the market you're looking to purchase in. The city of Riverside has a median list price of $694,900. The median price per/sqft for Riverside is $371. With those numbers in mind, if you are looking to purchase a median priced home in Riverside, CA and put 20% down you will need to save up $138,980 for the down payment and will need roughly $13,898 for closing costs on top of the down payment. Homeowners who are looking to sell their home could expect to pay an average of 5% (2.5% to the listing agent and 2.5% to the buyers agent) in agent commissions when it comes to selling their home. With the median sale price for a home in Riverside the commission could be as much as $32,500. If you're thinking of selling and want to save, contact a local Ardent Real Estate Agent today.

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Sale History for 7121 Magnolia Ave

Last sold on September 17th, 2013

November, 2023
Nov 28, 2023

Date

Canceled

CRMLS: PW23056457

$2,200,000

Price
Apr 5, 2023

Date

Active

CRMLS: PW23056457

$2,200,000

Price
Listing provided courtesy of CRMLS

Welcome to the Granville Business Center, a historic landmark offering a classic touch, beautifully landscaped, and fine interior finishes you would expect in executive office business space. Strategically located within freeway access, public transportation, local restaurants, shops and Historic Downtown Riverside. The Granville Business Center offers conference rooms, many remodeled suites, kitchenette, reception area, grand lobby with wrought iron rounded staircase leading upstairs. You will not be disappointed, unique finishes, a first - place beautification award recipient by The Greater Riverside Chamber of Commerce.

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December, 2022
Dec 31, 2022

Date

Expired

CRMLS: IV22014639

$2,100,000

Price
Jan 26, 2022

Date

Active

CRMLS: IV22014639

$22,999,500

Price
Listing provided courtesy of CRMLS

Historic Victorian modeled Commercial real estate property and Executive Office Business Center is now accepting offers on this one of a kind property. 7121 Magnolia and 4600 Arlington, Riverside, CA 92504 offer the prospective buyer and business owner multiple buildings on one property three miles from the Historic Downtown Riverside area. Walking through the front door you immediately notice the Elegance and Professional Décor in the reception lobby. Located downstairs and just off the lobby is the meeting /conference center and multiple downstairs offices. The wrought iron, rounded staircase will lead to the upstairs offices, meeting area and kitchenette. These properties are surrounded by ample parking for your tenants and their guests with easy freeway access and quick access to local shops and eateries. This 19,744 sqft property and 100% leased 7,646 sqft office space offers lots of local amenities and room for opportunistic and strategic growth. The Granville Business Center www.granvillebusinesscenter.com property has been recognized for its beauty and charm and we welcome interested and serious buyers to make an appointment today for a private showing.

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February, 2019
Feb 1, 2019

Date

Expired

CRMLS: PW18063767

$1,750,000

Price
Aug 15, 2018

Date

Active

CRMLS: PW18063767

$1,750,000

Price
Aug 15, 2018

Date

Hold

CRMLS: PW18063767

$1,750,000

Price
Aug 7, 2018

Date

Price Change

CRMLS: PW18063767

$1,750,000

Price
Mar 20, 2018

Date

Active

CRMLS: PW18063767

$1,950,000

Price
Listing provided courtesy of CRMLS

Two property's are being sold at the same time. 7121 Magnolia Avenue, Riverside, CA 92504/ 4600 Arlington Avenue, Riverside, CA 92504 . Property has been renovated and updated in 2007. This is an opportunity to own commercial real estate, that will be easy to maintain. All the upgrades throughout will make it very easy for the new owner to maintain. Fully occupied. The property was also named and awarded for its beauty and charm. This high end office building gives pride of ownership with elegant touches throughout. Tenants love & appreciate the layout of the suites, including the conference room, main lobby, and shared kitchen area. This business center is turn key and low future maintenance. Tasteful; flooring and lighting throughout. Property has been renovated and updated in 2007. Two property's are being sold at the same time. Seller does not want to sell it separately. The back parking lot is Extra Large. It gives you option to build another building or just have tons of parking available for occupants. Great Riverside location situates the buildings on popular Riverside streets. Building Size 7,646 Sf. and Lot Size 19,744 Sf.

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September, 2013
Sep 17, 2013

Date

Sold (Public Records)

Public Records

--

Price
August, 2013
Aug 9, 2013

Date

Sold (Public Records)

Public Records

$750,000

Price

Tax History for 7121 Magnolia Ave

Assessed Value (2020): $709,522

Year	Land Value	Improved Value	Assessed Value
2020	$205,122	$504,400	$709,522

About 7121 Magnolia Ave

Detailed summary of property

7121 Magnolia Ave is categorized with a use code of Commercial (General) in Riverside, CA 92504 and is currently off market. This property has -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately 12,632 square foot lot. Homes in Riverside are selling for a median price of $650,000 and a median price per square foot of $389. Local nearby listings include 7005 Marguerita Ave, 6824 Capistrano Way and 4573 Gardena Dr. The average home in Riverside, CA is selling in 53 days. There are currently 789 homes for sale in the Riverside real estate market and 726 of them are single family homes while 54 of them are condos and 9 are townhomes. If you are the homeowner and looking to sell the home at 7121 Magnolia Ave Riverside, CA 92504 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 7121 Magnolia Ave

Public county record property details

Beds: --
Baths: --
Year built: --
Sq. Ft.: --
Lot Size: 12,632
Stories: --

Type: Commercial (General)
Pool: No
Spa: No
County: Riverside
Lot#: 4
APN: 227-283-004

The source for these homes facts are from public records.

92504 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends

Median List Price

$679,000

Median List Price/Sq.Ft.

$391

Median Sold Price

$630,000

Median Sold Price/Sq.Ft.

$425

Total Inventory

Median Sale to List Price %

98.44%

Avg Days on Market

Loan Type

Conventional (33.33%), FHA (30.3%), VA (0%), Cash (21.21%), Other (15.15%)

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(714) 706-1823

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