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9462 Magnolia Ave, Riverside, CA 92503
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9462 Magnolia Ave Riverside, CA 92503

$610,000 Sold Price as of 04/01/2020
  • -- Beds
  • -- Baths
  • 5,450 Sq.Ft.
Sold
$610,000 Sold Price as of 04/01/2020 Refinance Your Mortgage
Map preview of 9462 Magnolia Ave, Riverside, CA 92503

Property Overview: 9462 Magnolia Ave Riverside, CA has -- bedrooms, -- bathrooms, 5,450 living square feet and 6,636 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Single tenant, street-front retail property. Could easily be demised for two tenants. Interior is in near-shell condition with open showroom, one restroom, and rear storage area. Old HVAC has been removed. Great for investors or owner-users. Approximately 50' of frontage along busy Magnolia Avenue (ADT = 29,223) in the heart of Riverside. One block northeast of Van Buren Blvd. Close proximity to 91 Freeway, Cal Baptist University, and Kaiser Permanente. Zoned CR - Commercial Retail, which allows a broad range of service commercial, retail, office and repair uses. Adjacent large city parking lot with abundance of free parking. Rare opportunity for good retail exposure and free parking.

Listed by JIM TOWERS | BRE #01342640 | TOWERS & ASSOCIATES
Last checked: 15 minutes ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 55

Home details

Lot Sq. Ft
6,636
HOA Dues
$0/mo
Year built
1911
Garage
--
Property Type:
Retail
Status
Sold
MLS#
EV19276182
City
Riverside
County
Riverside
Time on Site
1395 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: --
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 9462 Magnolia Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Level with Street, Level, Paved
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 233022005
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Connected, Sewer Connected
Location / Neighborhood
Location Information
  • Directions: From the 91 Freeway, go north on Van Buren, then right (east) on Magnolia Ave.
View more facts & features

Local Riverside Agent

Sale History for 9462 Magnolia Ave

Last sold for $610,000 on April 1st, 2020

  • April, 2020

  • Apr 16, 2020

    Date

    Sold

    CRMLS: EV19276182

    $610,000

    Price

  • Feb 7, 2020

    Date

    Pending

    CRMLS: EV19276182

    $649,000

    Price

  • Dec 5, 2019

    Date

    Active

    CRMLS: EV19276182

    $649,000

    Price

  • April, 2020

  • Apr 1, 2020

    Date

    Sold (Public Records)

    Public Records

    $610,000

    Price

  • January, 2003

  • Jan 23, 2003

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 9462 Magnolia Ave

Assessed Value (2020): $541,007
Year Land Value Improved Value Assessed Value
2020 $126,928 $414,079 $541,007

Home Value Compared to the Market

This property vs the competition

9462 Magnolia Ave sold on April 1, 2020 for 3.85% lower than the current median sold price for the city of Riverside which is $675,000. The median sold price per/sqft for Riverside is $373 and this home is sold at $119.08 per/sqft which puts the price per square foot 68.07% lower than the current median sale per square foot for the city of Riverside.

About 9462 Magnolia Ave

Detailed summary of property

9462 Magnolia Ave is a retail that recently sold in Riverside, CA 92503. This retail property offered -- bedrooms, -- bathrooms, roughly 5,450 living square feet, and sits on an approximately 6,636 square foot lot. 9462 Magnolia Ave was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $610,000. Home in Riverside are selling for a median price of $675,000 and a median price per square foot of $373. Based on Ardent Real Estate Group's Riverside Market Data, this home is sold 3.85% lower than the current median priced home. Local homes that are currently for sale include 3860 E Colorado Blvd, 1501 E Artesia Blvd and 1501 E Artesia Blvd. While the average home in Riverside, CA is selling in 48 days, 9462 Magnolia Ave has a days on market of 55 days. There are currently 681 homes for sale in the Riverside real estate market and 631 of them are single family homes while 44 of them are condos and 6 are townhomes. For more information on this home for sale at 9462 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 9462 Magnolia Ave

Public county record property details
Beds
--
Baths
--
Year built
1930
Sq. Ft.
--
Lot Size
6,534
Stories
1
Type
Commercial (General)
Pool
No
Spa
No
County
Riverside
Lot#
1
APN
233-022-005

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
$700,000
Median List Price/Sq.Ft.
$373
Median Sold Price
$632,000
Median Sold Price/Sq.Ft.
$409
Total Inventory
133
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%)

Thinking of Selling?

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Recently Sold Homes Near 9462 Magnolia Ave

9436 Magnolia Ave, Riverside, CA 92503
$372,561 Last Sold Price
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-- Baths
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9436 Magnolia Ave
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9414 Magnolia Ave, Riverside, CA 92503
$493,860 Last Sold Price
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9408 Magnolia Ave, Riverside, CA 92503
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Riverside, CA 92503
3770 Van Buren Blvd, Riverside, CA 92503
$525,000 Last Sold Price
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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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