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9782 Magnolia Ave, Riverside, CA 92503
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9782 Magnolia Ave Riverside, CA 92503

$850,000 Sold Price as of 09/16/2022
  • -- Beds
  • -- Baths
  • 1,396 Sq.Ft.
Sold
$850,000 Sold Price as of 09/16/2022 Refinance Your Mortgage
Map preview of 9782 Magnolia Ave, Riverside, CA 92503

Property Overview: 9782 Magnolia Ave Riverside, CA has -- bedrooms, -- bathrooms, 1,396 living square feet and 15,246 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Fantastic Commercial Stand alone Building located on a Prime Corner Lot with 92 feet of Frontage facing Magnolia Avenue in Riverside. Possible Redevelopment Opportunity. Magnolia Avenue is a Highly used road providing your business high visibility and easy access for your clients. Your Dream Commercial property is now officially for sale. The Lot size is Large, it's approximately 15,246 Sqft with a Building size of 1,396. Should you desire, you can Make the structure larger due to the location of the building within the lot. The Parking lot is Freshly Asphalted and ready for your desired landscaping design. This Building was previously a Resturant; however it is now an empty building and blank slate ready for your business. This is a Fantastic opportunity to own an Outstanding High Visibility Stand alone Building on a large lot in the Beautiful city of Riverside. This Property does not have an HOA or CC&R's. There are many large Anchor Stores across the street that help drive business to smaller businesses nearby. Some Businesses across the street include Lowe's, Panda Express, Popeyes Louisiana Kitchen, Jamba Juice, UPS Store, Cold Stone Creamery, Union Bank and many other Large name Retailers. Just down the street you'll find the Galleria at Tyler Mall which has additional Anchor Stores. This is a well populated area with tons of foot traffic and vehicle traffic, giving you many opportunities to earn your potential clients business. Please Verify with the city as to what type of business you wish to operate at this particular property to see if its allowable.

Listed by Benjamin Rubalcava | BRE #01877582 | Re/Max Partners
Last checked: 1 minute ago | Last updated: September 19th, 2022 | Source CRMLS | DOM: 108

Home details

Lot Sq. Ft
15,246
HOA Dues
$0/mo
Year built
--
Garage
--
Property Type:
Retail
Status
Sold
MLS#
IG22014194
City
Riverside
County
Riverside
Time on Site
842 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 9782 Magnolia Ave

Interior Features
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Lot 10000-19999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 234091002
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
Location / Neighborhood
Location Information
  • Directions: Cross Streets: Magnolia Ave & Muir Ave
View more facts & features

Local Riverside Agent

Sale History for 9782 Magnolia Ave

Last sold for $850,000 on September 16th, 2022

  • September, 2022

  • Sep 16, 2022

    Date

    Sold

    CRMLS: IG22014194

    $850,000

    Price

  • Jan 25, 2022

    Date

    Active

    CRMLS: IG22014194

    $849,000

    Price

  • August, 2020

  • Aug 18, 2020

    Date

    Sold (Public Records)

    Public Records

    $550,000

    Price

  • May, 2020

  • May 5, 2020

    Date

    Expired

    CRMLS: CV20030690

    $675,000

    Price

  • Feb 11, 2020

    Date

    Active

    CRMLS: CV20030690

    $675,000

    Price

  • Listing provided courtesy of CRMLS

    Single tenant stand alone fast food restaurant for sale. Owner is currently renovating the property but would like to find a good buyer to take over and finish the work. The property is on a corner of a main street with over 29,000 cars per day passing by. All electrical, plumbing, and framing has been finished. New grease trap has been installed with existing hood. There are approved plans that can be given to the new owner to finish the project.

  • December, 2019

  • Dec 1, 2019

    Date

    Expired

    CRMLS: IV19131061

    $750,000

    Price

  • Jun 4, 2019

    Date

    Active

    CRMLS: IV19131061

    $750,000

    Price

  • Listing provided courtesy of CRMLS

    LOCATION! LOCATION! LOCATION! Corner lot property that is situated on the busiest street in the Heart of Riverside. Building used to be a Taco Shop, we have permits for Restaurant Improvements. Brand New 750 Gallon Grease Trap was recently installed. Currently under renovation, will be completed before closing. Or make us an Offer for an "As-is" condition. We will consider a Lease Option as well. Broker/Agent to verify all information is accurate. Please call, text or email for any questions.

  • January, 2018

  • Jan 1, 2018

    Date

    Expired

    CRMLS: IV17156349

    --

    Price

  • Nov 7, 2017

    Date

    Withdrawn

    CRMLS: IV17156349

    --

    Price

  • Jul 10, 2017

    Date

    Active

    CRMLS: IV17156349

    --

    Price

  • Listing provided courtesy of CRMLS

    Build to Suit or you can use our approved plan. Restaurant use that sits on a ultra high traffic location. This used to be a Taco shop. New plumbing with brand new 750 Gallon Grease Trap.

  • February, 2014

  • Feb 14, 2014

    Date

    Sold (Public Records)

    Public Records

    $50,000

    Price

Show More

Tax History for 9782 Magnolia Ave

Assessed Value (2020): $280,217
Year Land Value Improved Value Assessed Value
2020 $168,131 $112,086 $280,217

Home Value Compared to the Market

This property vs the competition

9782 Magnolia Ave sold on September 16, 2022 for 25.78% 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 $608.17 per/sqft which puts the price per square foot 63.05% higher than the current median sale per square foot for the city of Riverside.

About 9782 Magnolia Ave

Detailed summary of property

9782 Magnolia Ave is a retail that recently sold in Riverside, CA 92503. This retail property offered -- bedrooms, -- bathrooms, roughly 1,396 living square feet, and sits on an approximately 15,246 square foot lot. 9782 Magnolia Ave was first listed on ArdentRealEstateGroup.com on January 25, 2022. The homeowner sold the property for $850,000. 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 25.78% higher than the current median priced home. Local homes that are currently for sale include 145 E Highland Ave, 421 N Central Ave and 423 N Central Ave. While the average home in Riverside, CA is selling in 48 days, 9782 Magnolia Ave has a days on market of 108 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 9782 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 9782 Magnolia Ave

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
15,245
Stories
--
Type
Commercial (General)
Pool
No
Spa
No
County
Riverside
Lot#
6
APN
234-091-002

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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(714) 706-1823

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Recently Sold Homes Near 9782 Magnolia Ave

9631 Magnolia Ave, Riverside, CA 92503
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-- Baths
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3770 Van Buren Blvd, Riverside, CA 92503
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9462 Magnolia Ave, Riverside, CA 92503
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9436 Magnolia Ave, Riverside, CA 92503
$372,561 Last Sold Price
-- Beds
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9436 Magnolia Ave
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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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