For Sale
Land for sale at 11325 Magnolia Ave, Riverside, CA 92505 | MLS# 26829657 | Listing updated on 2026-05-12
Photo 1 of Land for sale at 11325 Magnolia Ave, Riverside, CA 92505 | MLS# 26829657 | Listing updated on 2026-05-12
Photo 2 of Land for sale at 11325 Magnolia Ave, Riverside, CA 92505 | MLS# 26829657 | Listing updated on 2026-05-12
Photo 3 of Land for sale at 11325 Magnolia Ave, Riverside, CA 92505 | MLS# 26829657 | Listing updated on 2026-05-12
Photo 4 of Land for sale at 11325 Magnolia Ave, Riverside, CA 92505 | MLS# 26829657 | Listing updated on 2026-05-12
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Listed by: Oscar Diaz (213) 943-1884 DRE #02022902 | Marcus & Millichap (310) 909-5500

$2,999,000

Monthly Est:$14,927

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon40,946sqft lot

11325 Magnolia Ave, Riverside, CA 92505

$14,927/moEst:

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  • Land

  • Built in -

  • $-- HOA

  • 40,946 sqft lot

  • $73/sq.ft

Description

We are pleased to present 11325 Magnolia Avenue, a 54-unit entitled multifamily development opportunity in Riverside, California, offered at $2,999,000. The entitlement is approved. Plans are in place for a 4-story wood-frame residential building on a flat 0.94-acre site on Magnolia Avenue. At $55,537 per buildable unit, the pricing reflects the entitlement work already completed and a site ready to move toward building permit. The building consists of 49 one-bedroom units and 5 two-bedroom units across four stories of residential space above ground-level parking. Designed by Hedgemon PD, LLC out of Newport Beach. The amenity package includes a gym, game room, 4th-floor v...

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  • Houzeo last checked: 1 minute ago
  • Listing updated: May 12, 2026 at 7:23 am
  • Source: California Regional MLS-CA | MLS#: 26829657 California Regional MLS-CA

Property Details

  • Status

    Active

  • Type

    Land

  • No. of Stories

    -

  • County

    Riverside County

  • City

    Riverside

  • Neighborhood

    La Sierra

  • Year Built

    -

  • HOA Fees

    -

  • Finished Area

    - sqft

  • Lot Size

    40,946 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    California Regional MLS

  • MLS Number

    26829657

  • MLS Status

    Active

  • Days on Market

    138

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Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Price History

DateEventPrice

02/14/2026

Source: mls_logoCalifornia Regional MLS-CA #IV26034202

Listed for Sale

$2,750,000

$34/sqft

02/14/2026

Source: mls_logoCalifornia Regional MLS-CA #IV26034202

Off Market

$2,750,000 -15.38%

$34/sqft

02/07/2025

Source: mls_logoCalifornia Regional MLS-CA #IV25023551

Listed for Sale

$3,250,000

$40/sqft

Find Homes by Property Features in Riverside, CA

Based on information from California Regional Multiple Listing Service, Inc. as of Sep 20, 2026, 07:30PM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.

Advertising Broker: William Johnson DRE #01463271 | William Johnson Brokerage

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