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5890 Magnolia Avenue, Riverside, CA 92506

Commercial property

5890 Magnolia Avenue, Riverside, CA 92506 Sold July 2023 CRMLS
$915,000Sold July 2023

Listing Agent: Michelle Sperry (DRE #01341306) · Listing Office: The Sperry Team, Inc · Contact: 951-295-3875 · Bought with: Michelle Sperry · The Sperry Team, Inc · MLS #SW23081793 · Source: CRMLS

5,840
Building Sq Ft
9
Units
14,810 sqft
Lot Size
1951
Year Built
Commercial property
Type

About this commercial property

9 Unit complex with long term businesses. Located on busy Magnolia Ave, near Jurupa Ave, near the 'Wood Streets’ neighborhood. Addresses include 5892 – 5908 Magnolia and additional parcel 219-282-004 (Parking lot, address 5874 Magnolia) is included. 9 electric meters and independent HVAC units, 1 bathroom per suite, shared water meter. Natural gas available on site. New potable water pipes installed in 2020. Tenants have remodeled suites in the past 2 years. Additionally there is 1 shared restroom. Property next door is also for sale – 5858 Magnolia.

Listing description from the July 2023 sale, as reported to CRMLS.

Sale history

$915,000
Sold July 2023 · listed $1,000,000, on market May 2023 · MLS #SW23081793 · Source: CRMLS
Listing Agent: Michelle Sperry · Listing Office: The Sperry Team, Inc · Contact: 951-295-3875 · Bought with: Michelle Sperry · The Sperry Team, Inc
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