Sold
Last Sold Price
10 beds6 baths4,000 sqft
11364 Magnolia Ave, Riverside, CA 92505
Multi FamilyProperty Type
0.28 acresLot Size
1984Year Built
$236/sq ftPrice per sq ft
8 carsParking Spaces

Description

West Riverside 4-Plex No Rent Control Excellent Location on Magnolia, just North of the 91 Freeway, bordering Corona! Units A & D are 2-story. 3 bed, 1.5 bath, fenced back yards, Main floors in these Units are 100% ceramic tile! Unit A has a Fireplace! Units B & C are upstairs with main floor entries & have Private Balconies. All units have Two-Car, Attached Garages with Laundry Hook-Ups in each Garage. Each unit has their own Gas & Electric meters. Excellent Cash-Flow! This would be a GREAT owner-occupant...West Riverside 4-Plex No Rent Control Excellent Location on Magnolia, just North of the 91 Freeway, bordering Corona! Units A & D are 2-story. 3 bed, 1.5 bath, fenced back yards, Main floors in these Units are 100% ceramic tile! Unit A has a Fireplace! Units B & C are upstairs with main floor entries & have Private Balconies. All units have Two-Car, Attached Garages with Laundry Hook-Ups in each Garage. Each unit has their own Gas & Electric meters. Excellent Cash-Flow! This would be a GREAT owner-occupant building! Live in one unit, rent the other Three!
  • Listed by: Rob Arrietta DRE #00831652 Brokerage DRE #01792182 • Re/Max Partners
Listing closed: 10/07/2019 12:00 AM • Source: CRMLS, MLS#: IG19052898

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Location

Listing Courtesy of Re/Max Partners, Rob Arrietta, DRE #00831652

Sold By Pacific Avenue Realty, Prashant Sampat, DRE #01916221

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Property Taxes

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Property Information for 11364 Magnolia Avenue

Property Details
  • MLS Type: Residential Income
  • Parking Spaces Total: 8
  • Private Pool: No
  • Cooling Type: Central Air
  • Total Units: 4.0
  • Building Type: Attached
  • Lot Size Source: Assessor
  • Living Area: 4000
  • Assessor Parcel Number: 132-030-010
  • Property Attached YN: true
  • Common Walls: 2+ Common Walls
  • New Construction: No
  • Average Studio Area Units: Square Feet
  • Average 1 Bed Area Units: Square Feet
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Building Area Total: 4000
  • Building Area Units: Square Feet
  • Fireplace: Yes
  • Pool: No
  • Spa: No
  • Association: No
  • Association Fee: $.00
  • Zoning: R352
  • Senior Community: No
  • Parcel Number: 132030010
  • Area: Riverside (252)
  • Directions: Cross Streets: Between La Sierra & 91 Fwy at Golden Ave
Building Information
  • Stories: 2
  • Year Built: 1984
  • Lot Size: 0.28 AC / 12,197 SF
Rental Info
Rental Info
  • Tenant Pays: Electricity, Gas
Income / Expense / Tax Details
Income Details
  • Gross Income: $67,200
  • Gross Scheduled Income: $67,200
  • Net Operating Income: $41,002
  • Cap Rate: 4.18
  • Current Financing: Conventional
  • Financing: Conventional
Expense Details
  • Operating Expense: $26,198
  • New Taxes Expense: $11,760
  • Gardener Expense: $1,320
  • Licenses Expense: $150
  • Pest Control Expense: $744
  • Electric Expense: $300
  • Insurance Expense: $1,600
  • Professional Management Expense: $5,376
  • Trash Expense: $1,308
  • Water Sewer Expense: $2,700
  • Total Expenses: $26,198
Tax / Assessment Info
  • Tax Tract Number: 9787
  • Tax Census Tract: 414.08
  • Tax Lot: 6
Community / Development
Community / Development
  • Community Features: Curbs, Gutters, Sidewalks, Street Lights
Property / Structure Info
Interior Features
  • Appliances: Dishwasher, Gas Range
  • Equipment: Dishwasher, Garage
  • Laundry: Yes
  • Laundry Features: In Garage
  • Fireplace Features: Living Room
  • Fireplace Rooms: Living Room
  • Cooling: Central Air
  • Heating Type: Natural Gas
  • Heat Source: Natural Gas
  • Heating: Natural Gas
  • Flooring Type: Carpet, Tile
  • Flooring: Carpet, Tile
Exterior Features
  • Construction Materials: Frame, Stucco, Wood Siding
  • Exterior Construction: Frame, Stucco
  • Exterior: Stucco, Wood
  • Roof: Composition, Shingle
  • Pool Features: None
  • Pool Description: None
  • Pool: N/K
  • Spa Features: None
Land/Lot Info
  • Lot Features: Cul-De-Sac, Lot 10000-19999 Sqft, Near Public Transit
  • Number Of Units: 4
  • Land Lease: No
  • Land Lease Type: Fee
  • Road Surface Type: Paved
  • Road Frontage Type: City Street
  • Levels: Two
  • Water: Meter on Property
  • Sewer: Public Sewer
  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Water Source: Public
Parking Info
  • Garage Spaces: 8
  • Parking: Yes
  • Parking Garage: Assigned
  • Parking Garage Spaces: 8
  • Carport Spaces: 0
  • Parking Features: Assigned
Unit Information
Unit 1
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,550
  • Unit Type Total Rent: $1,550
  • Unit Type Pro Forma: 1750
  • Unit Type Type: 1
Unit 2
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,225
  • Unit Type Total Rent: $1,225
  • Unit Type Pro Forma: 1400
  • Unit Type Type: 2
Unit 3
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 2
  • Unit Type Baths Total: 1
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,275
  • Unit Type Total Rent: $1,275
  • Unit Type Pro Forma: 1400
  • Unit Type Type: 3
Unit 4
  • Unit Type Units Total: 1
  • Unit Type Beds Total: 3
  • Unit Type Baths Total: 2
  • Unit Type Furnished: Unfurnished
  • Unit Type Garage Spaces: 2
  • Unit Type Garage Attached: Yes
  • Unit Type Actual Rent: $1,550
  • Unit Type Total Rent: $1,550
  • Unit Type Pro Forma: 1650
  • Unit Type Type: 4
Unit Information
  • Number Of Units Leased: 4
  • Rent Controlled: No
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 0
  • Number With Range: 4
  • Number With Patio: 2

Property History for 11364 Magnolia Avenue

DateEvent & SourcePriceAppreciation
Oct 7, 2019

Sold

SDMLS #IG19052898

$945,000—
Oct 7, 2019

Sold

CLAW #IG19052898MR

$945,000—
Oct 7, 2019

Sold

CRMLS #IG19052898

$945,000—
DateEvent & SourcePrice
10/07/2019

Sold

SDMLS #IG19052898

$945,000
10/07/2019

Sold

CLAW #IG19052898MR

$945,000
10/07/2019

Sold

CRMLS #IG19052898

$945,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 11364 Magnolia Avenue

Taxable ValueLand$273,298Additions$780,861Total$1,054,159
Tax Record2025$12,866 ($1,072 / month)
Home Facts
Total Finished SqFt4,172 SqFtAbove Grade Finished SqFt4,172 SqFtStories2Lot Size12,197 SqFtStyleQuadraplexYear Built1984Year Renovated1984ZoningR352CountyRIVERSIDEAPN132-030-010

Schools near 11364 Magnolia Avenue

This home is within Alvord Unified School District.
Rating
School
Type
Grades
Distance
Public - K to 5
Public - 6 to 8
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Phillip M. Stokoe Elementary School
PublicK to 5

Ysmael Villegas Middle School
Public6 to 8

Hillcrest High School
Public9 to 12

Alvord Continuation High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Re/Max Partners, Rob Arrietta, DRE #00831652

Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.