9315 Magnolia Ave
Riverside, CA 92503

8 Bd   2 Ba   2,854 Sqft
Craftsman style home zoned Commercial Retail in a fantastic busy location, lots of traffic and plenty of parking space in the front and back. With some updating, this property has great potential for a Residential Home Office. The front features a covered porch and a wheelchair ramp. The first floor has been set up by the owner as an office (5 rooms total) with full kitchen and bathroom and lots of storage space; upstairs has a loft and 2 bedrooms, plus a bathroom. Big 2 car garage in the back for extra parking Roof was replaced in the late 80's per city permit records, buyer's to verify. Great opportunity for law, medical, insurance, mortgage offices, assisted living facilities, etc.
  • Neighborhood: Arlington
  • Days on Movoto: 25
  • Year Built: 1920
  • HOA:
  • $/Sqft: $123
  • Lot: 10,504 Sqft
  • Property Type: Single Family
  • MLS#: IV16714275
  • MLS:
  • Listing Broker: Catalina Castaneda
  • Movoto last checked Desert Area for new data 37 minutes ago
  • Desert Area last updated this listing 2 days ago

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Real Estate Market Statistics of 9315 Magnolia Avenue , Riverside

Riverside, California

Total Inventory For Sale

904 Homes

0% m/m +2% y/y

Median List Price


0% m/m +4% y/y

Median Days On Market

52 Days

+4% m/m -11% y/y

Median House Size

2,025 Sqft

+1% m/m 0% y/y

Median Price Per Square Foot

$209 /Sqft

0% m/m +4% y/y

Median Price

As of today, there are 195 properties listed for sale in ZIP code 92503 and 904 properties listed for sale in the city of Riverside, CA. This property at 9315 Magnolia Ave in 92503 is currently listed for $350,000. This is 16% below the $415,000 median price for Riverside and 19% below the 92503 median of $429,900. Of the 904 properties for sale in Riverside, 856 are single family homes and 48 are condos. 9315 Magnolia Ave is a single family home that is approximately 2,854 Sqft, 41% above the Riverside median of 2,025 and 35% above the 92503 ZIP code median of 2,117. The price per square foot is $123, which is 41% below the median price in 92503 of $208 and 41% below the Riverside median of $209 per Sqft.

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Built in 1920, this 8-bedroom, 2-bathroom single family house at 9315 Magnolia Ave is approximately 2,854 square feet and comes with 2 parking spots. It is listed on 09/27/2016 for $350,000 with a cost per Sqft of $123. 9315 Magnolia Ave is located in the Arlington neighborhood in the Riverside Unified School District. The closest school is Chemawa Middle School.

9315 Magnolia Ave has been on the market for 25 days. The median days on the market for properties in this area is 52 with a median list price of $415,000 and median cost per square foot of $209. It's currently listed as pending under the MLS #IV16714275.

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