Synergia Realty
Sandy Hernandez, Synergia RealtyPhone: (909) 904-5460
Email: [email protected]
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listing
1 of 8
CommercialFor Sale
$2,850,000
11325 Magnolia Avenue
Riverside, CA 92505
Listing Office: Curb
MLS: California Regional MLS (CRMLS)
Est. Mortgage
$14,811/mo

( Check The Pictures For Our Conceptual Design ) The property currently features a single-family residence and a detached garage, both slated for demolition to make way for a proposed 51-unit apartment development. The project includes: 46 one-bedroom units 5 two-bedroom units 82 parking stalls (all located on the first floor) A four-story building with a gross building area of 81,431 square feet Situated on a 40,946 square foot lot All units offered at market-rate rents The site is zoned MU-U-TA (Mixed-Use, Multi-Family, Urban Transit-Oriented). Comprehensive plans have already been prepared, including: Architectural design Structural engineering Civil engineering Geotechnical report MEP (Mechanical, Electrical, Plumbing) Title 24 Compliance This project is designed to maximize the potential of this prime location while adhering to zoning and transit-oriented development principles

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