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9720 Magnolia Ave #200, Riverside, CA 92503
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9720 Magnolia Ave #200 Riverside, CA 92503

$1,225,000 Sold Price as of 09/11/2019
  • -- Beds
  • -- Baths
  • 5,737 Sq.Ft.
Sold
$1,225,000 Sold Price as of 09/11/2019 Refinance Your Mortgage
Map preview of 9720 Magnolia Ave #200, Riverside, CA 92503

Property Overview: 9720 Magnolia Ave #200 Riverside, CA has -- bedrooms, -- bathrooms, 5,737 living square feet and 10,454 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Built in 2007, this commercial general zoned office building is ideal for owner-occupied use. It’s just down the street from the Galleria at Tyler and on the busy street of Magnolia Ave. Utilize the entire building or a single floor and lease the remaining units. Currently the property is divided into 5 spaces but has the potential for 8 spaces and you'll also find 4 large restrooms. Currently all 5 spaces are leased out. The private parking lot offers 13 full sized parking spaces with 1 being a handicapped space. Additionally, this building can meet the needs of a variety of businesses from retail to office and even repair services. Its traditional office space layout has housed a martial arts/fitness studio, chiropractor, jewelry repair, ministry, cellphone repair, and an attorney’s office among others. Don’t miss out on this opportunity to grow your business and income! Listing is for the entire property.

Listed by Oscar Tortola | BRE #01270394 | Keller Williams Realty
Last checked: 1 minute ago | Last updated: March 22nd, 2022 | Source CRMLS | DOM: 136

Home details

Lot Sq. Ft
10,454
HOA Dues
$0/mo
Year built
2007
Garage
--
Property Type:
Office
Status
Sold
MLS#
IG19053133
City
Riverside
County
Riverside
Time on Site
1398 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
  • # of Leased Units: 5
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: --

Virtual Tour

Use the following link to view this property's virtual tour:

Property Details for 9720 Magnolia Ave #200

Interior Features
Cooling Information
  • Has Cooling
  • Dual
Heating Information
  • Has Heating
  • Central
Laundry Information
  • None
Interior Features
  • Security Features: Fire and Smoke Detection System, Fire Sprinkler System, Security System, Wired for Alarm System
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 13
Lot Information
  • Lot Features: 0-1 Unit/Acre, Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
Property Information
  • Parcel Number: 234092053
  • Year Built Source: Public Records
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Available, Phone Available, Sewer Available, Water Available
Location / Neighborhood
Location Information
  • Directions: From 91 exit Tyler Ave going North, turn right on Magnolia, building on right side
View more facts & features

Local Riverside Agent

Sale History for 9720 Magnolia Ave #200

Last sold for $1,225,000 on September 11th, 2019

  • September, 2019

  • Sep 13, 2019

    Date

    Sold

    CRMLS: IG19053133

    $1,225,000

    Price

  • Jul 24, 2019

    Date

    Active Under Contract

    CRMLS: IG19053133

    $1,299,900

    Price

  • Mar 9, 2019

    Date

    Active

    CRMLS: IG19053133

    $1,299,900

    Price

  • September, 2019

  • Sep 11, 2019

    Date

    Sold (Public Records)

    Public Records

    $1,225,000

    Price

  • August, 2018

  • Aug 1, 2018

    Date

    Expired

    CRMLS: IV18029496

    --

    Price

  • Feb 7, 2018

    Date

    Active

    CRMLS: IV18029496

    --

    Price

  • Listing provided courtesy of CRMLS

    Great location 9720 Magnolia Ave, Riverside, Ca 92503 great exposure slow moving traffic. Fully secured ground level unit is 520 sq ft new paint and carpet. Located on Magnolia Ave between Tyler and Van Buren. This building is very seldom available. Current building occupants are 1 retail, 1 family services, 1 chiropractor, 1 martial arts studio. Almost any business works either office or retail

  • May, 2007

  • May 29, 2007

    Date

    Sold (Public Records)

    Public Records

    --

    Price

Show More

Tax History for 9720 Magnolia Ave #200

Assessed Value (2020): $1,225,000
Year Land Value Improved Value Assessed Value
2020 $200,000 $1,025,000 $1,225,000

Home Value Compared to the Market

This property vs the competition

9720 Magnolia Ave #200 sold on September 11, 2019 for 92.58% higher 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 $226.58 per/sqft which puts the price per square foot 39.25% lower than the current median sale per square foot for the city of Riverside.

About 9720 Magnolia Ave #200

Detailed summary of property

9720 Magnolia Ave #200 is a office that recently sold in Riverside, CA 92503. This office offered -- bedrooms, -- bathrooms, roughly 5,737 living square feet, and sits on an approximately 10,454 square foot lot. 9720 Magnolia Ave #200 was first listed on ArdentRealEstateGroup.com on July 21, 2020. The homeowner sold the property for $1,225,000. 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 92.58% higher than the current median priced home. While the average home in Riverside, CA is selling in 48 days, 9720 Magnolia Ave #200 has a days on market of 136 days. There are currently 708 homes for sale in the Riverside real estate market and 658 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 9720 Magnolia Ave #200 Riverside, CA 92503 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 9720 Magnolia Ave #200

Public county record property details
Beds
--
Baths
--
Year built
2007
Sq. Ft.
--
Lot Size
10,454
Stories
2
Type
Commercial (General)
Pool
No
Spa
No
County
Riverside
Lot#
5
APN
234-092-053

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
$699,900
Median List Price/Sq.Ft.
$373
Median Sold Price
$632,000
Median Sold Price/Sq.Ft.
$409
Total Inventory
140
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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(714) 706-1823

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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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