9418 Magnolia Ave, Riverside, CA 92503
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9418 Magnolia Ave Riverside, CA 92503

$100,000 Sold Price as of 08/28/2023
  • -- Beds
  • -- Baths
  • -- Sq.Ft.
Sold
$100,000 Sold Price as of 08/28/2023 Refinance Your Mortgage

Map preview of 9418 Magnolia Ave, Riverside, CA 92503

Property Overview: 9418 Magnolia Ave Riverside, CA has -- bedrooms, -- bathrooms, -- living square feet and -- square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: MOTIVATED SELLER! PRICE REDUCTION! ... A family Mexican food restaurant since 2007, this local favorite has garnered several awards including The Press-Enterprise's "Best Local Restaurant" in 2011. The name, business signs, menu and recipes are part of the sale. The rent is only $2,900 and includes water; the current lease term ends January 2026. With two large dining rooms, the square footage is about 2,000. Monthly utility expenses comprise of electricity $900, natural gas $900, trash $140, and phone/internet $150.

Listed by MARVIN E. PORTILLO | BRE #01805877 | ALLIED, REALTORS
Last checked: 5 minutes ago | Last updated: August 29th, 2023 | Source CRMLS | DOM: 161

Home details

Lot Sq. Ft
--
HOA Dues
$0/mo
Year built
--
Garage
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Property Type:
Business
Status
Sold
MLS#
IV23022010
City
Riverside
County
Riverside
Time on Site
449 days

Property Details for 9418 Magnolia Ave

Location / Neighborhood
Location Information
  • Directions: From 91 freeway, exit west on Van Buren Boulevard and turn right on Magnolia
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Local Riverside Agent

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Sale History for 9418 Magnolia Ave

Last sold for $100,000 on August 28th, 2023
  • August, 2023

  • Aug 28, 2023

    Date

    Sold

    CRMLS: IV23022010

    $100,000

    Price

  • Feb 7, 2023

    Date

    Active

    CRMLS: IV23022010

    $150,000

    Price

Tax History for 9418 Magnolia Ave

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

9418 Magnolia Ave sold on August 28, 2023 for 82.31% lower than the current median sold price for the city of Riverside which is $650,000.

About 9418 Magnolia Ave

Detailed summary of property

9418 Magnolia Ave is a business that recently sold in Riverside, CA 92503. This business offered -- bedrooms, -- bathrooms, roughly -- living square feet, and sits on an approximately -- square foot lot. 9418 Magnolia Ave was first listed on ArdentRealEstateGroup.com on February 8, 2023. The homeowner sold the property for $100,000. Home in Riverside are selling for a median price of $650,000 and a median price per square foot of $383. Based on Ardent Real Estate Group's Riverside Market Data, this home is sold 82.31% lower than the current median priced home. Local homes that are currently for sale include 12201 A W Brookhurst St, 9655 Bolsa Ave #A and 15466 Whittier Blvd #8. While the average home in Riverside, CA is selling in 49 days, 9418 Magnolia Ave has a days on market of 161 days. There are currently 652 homes for sale in the Riverside real estate market and 614 of them are single family homes while 33 of them are condos and 5 are townhomes. For more information on this home for sale at 9418 Magnolia Ave Riverside, CA 92503 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 9418 Magnolia Ave

Public county record property details
Beds
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Baths
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Year built
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Sq. Ft.
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Lot Size
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Stories
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Type
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Pool
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Spa
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County
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Lot#
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APN
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The source for these homes facts are from public records.

92503 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$715,555
Median List Price/Sq.Ft.
$362
Median Sold Price
$632,000
Median Sold Price/Sq.Ft.
$409
Total Inventory
125
Median Sale to List Price %
101.94%
Avg Days on Market
17
Loan Type
Conventional (45.45%), FHA (27.27%), VA (0%), Cash (12.12%), Other (15.15%)

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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.