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magnolia Ave - Polk Street 4.84 Acres of Residential Land Offered at $6,100,000 in Riverside, CA 92505
Executive Summary
Rare opportunity to acquire nearly 5 acres of residential land comprised of five parcels located in a prime infill area of Riverside near Magnolia Ave.
APNs include 143-280-030, 143-280-031, 143-270-014, 143-280-028, and 143-280-029. (Lot 143-280-030 and 143-280-031 maybe subject to Trustee Approval)
Property is located in an established residential neighborhood with utilities available, offering a strong advantage for future development. Ideal for builders, developers, or investors seeking a strategic residential project or long-term hold. Excellent location within walking distance to schools, shopping, and everyday amenities, and just minutes from Riverside Tyler Mall. Convenient access to major streets, retail corridors, and employment centers.
Parcels may offer flexibility for future subdivision or development (buyer to verify zoning, density, and permitted uses with the City of Riverside). Offered as a package. Do not miss this unique infill land opportunity in a high-demand Riverside location.
APNs include 143-280-030, 143-280-031, 143-270-014, 143-280-028, and 143-280-029. (Lot 143-280-030 and 143-280-031 maybe subject to Trustee Approval)
Property is located in an established residential neighborhood with utilities available, offering a strong advantage for future development. Ideal for builders, developers, or investors seeking a strategic residential project or long-term hold. Excellent location within walking distance to schools, shopping, and everyday amenities, and just minutes from Riverside Tyler Mall. Convenient access to major streets, retail corridors, and employment centers.
Parcels may offer flexibility for future subdivision or development (buyer to verify zoning, density, and permitted uses with the City of Riverside). Offered as a package. Do not miss this unique infill land opportunity in a high-demand Riverside location.
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- Miscellaneous
Property Facts Under Contract
| Price | $6,100,000 | Property Subtype | Residential |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 4.84 AC |
| Property Type | Land | ||
| Zoning | R1065 - Residential | ||
| Price | $6,100,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Residential |
| Proposed Use | |
| Total Lot Size | 4.84 AC |
| Zoning | R1065 - Residential |
1 Lot Available
Lot
| Price | $6,100,000 | Lot Size | 4.84 AC |
| Price Per AC | $1,260,330.58 |
| Price | $6,100,000 |
| Price Per AC | $1,260,330.58 |
| Lot Size | 4.84 AC |
4.84 Acres of residential land comprised of five parcels. APNs include 143-280-030, 143-280-031, 143-270-014, 143-280-028, and 143-280-029.
Description
Vacan Land
1 1
Moderately walkable
60/100
Exceptionally drivable
100/100
Strong public transit
80/100
Fairly bikeable
40/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $179,550 | Total Assessment | $179,550 |
Property Taxes
Parcel Numbers
Land Assessment
$179,550
Improvements Assessment
$0
Total Assessment
$179,550
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magnolia Ave - Polk Street
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