7121 Magnolia Avenue

    Riverside, CA 92504
    • $1,750,000
    • STATUS: Active
    • ON SITE: 272 days
    • ID#: PW18063767
    $1,750,000
    • 0
      BEDS
    • 0.45
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 7,646
      SQFT
    • $229
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    County:

    School Ratings & Info

    Description

    Two property's are being sold at the same time. 7121 Magnolia Avenue, Riverside, CA 92504/4600 Arlington Avenue, Riverside, CA 92504 . Property has been renovated and updated in 2007. This is an opportunity to own commercial real estate, that will be easy to maintain. All the upgrades throughout will make it very easy for the new owner to maintain. Fully occupied. The property was also named and awarded for its beauty and charm.This high end office building gives pride of ownership with elegant touches throughout. Tenants love & appreciate the layout of the suites, including the conference room, main lobby, and shared kitchen area. This business center is turn key and low future maintenance. Tasteful; flooring and lighting throughout. Property has been renovated and updated in 2007. Two property's are being sold at the same time. Seller does not want to sell it separately. The back parking lot is Extra Large. It gives you option to build another building or just have tons of parking available for occupants. Great Riverside location situates the buildings on popular Riverside streets. Building Size 7,646 Sf. and Lot Size 19,744 Sf.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-18T00:28:32.007. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
    www.sonyathebroker.com/homes/81747827

    7121 Magnolia Avenue Riverside, CA 92504

    • Price: $1,750,000
    • Status: Active
    • ID#: PW18063767
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.45
    Acres
    7,646
    SQFT
    $229
    $/SQFT
    Neighborhood:
    252 - Riverside
    County:
    Riverside
    Area:
    252 - Riverside
    Property Description
    Two property's are being sold at the same time. 7121 Magnolia Avenue, Riverside, CA 92504/4600 Arlington Avenue, Riverside, CA 92504 . Property has been renovated and updated in 2007. This is an opportunity to own commercial real estate, that will be easy to maintain. All the upgrades throughout will make it very easy for the new owner to maintain. Fully occupied. The property was also named and awarded for its beauty and charm.This high end office building gives pride of ownership with elegant touches throughout. Tenants love & appreciate the layout of the suites, including the conference room, main lobby, and shared kitchen area. This business center is turn key and low future maintenance. Tasteful; flooring and lighting throughout. Property has been renovated and updated in 2007. Two property's are being sold at the same time. Seller does not want to sell it separately. The back parking lot is Extra Large. It gives you option to build another building or just have tons of parking available for occupants. Great Riverside location situates the buildings on popular Riverside streets. Building Size 7,646 Sf. and Lot Size 19,744 Sf.
    Exterior Features

    Lot Features 2-5 Units/AcreCorner LotLot 20000-39999 SqftSprinklers In FrontSprinklers In RearSprinklers Timer Lot Size Source Assessor Lot Size Units Square Feet

    Interior Features

    Condo Area Units Square Feet Laundry Features None

    Property Features

    Additional Parcels YN No Building Area Units Square Feet Building Status Existing Cap Rate 4.00 Country Us Gross Scheduled Income 162000.00 Laundry YN No Leasable Area Units Square Feet Max Total Area Units Square Feet Min Total Area Units Square Feet Property Sub Type Office Special Listing Conditions Standard Sprinklers YN Yes Tax Rate 1.10 Total Expenses 91800.00 Water Source Public

    Listing provided courtesy of Jay Jung of First Team Real Estate.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-12-18T00:28:32.007. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. Licensed in the State of California, USA.
     
    Vogler Feigen Realty
    3292 E Florida Ave
    Hemet CA, 92544