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    13575 Magnolia Ave Corona, CA 92879

    Sponsored
    For Sale
    $950,500

    High-traffic Corona location, great investment!

    Property size:
    1,968 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional 1,968 square foot mixed-use property, situated on a 0.21-acre lot at 13575 Magnolia Avenue in Corona, CA, presents a compelling investment opportunity. Its prime location on Magnolia Avenue, near McKinley, places it within a high-traffic area bordering Riverside, offering excellent visibility and accessibility. The property benefits from proximity to numerous shopping centers and is conveniently located just miles from the Tyler Mall, ensuring high foot traffic and potential customer base. Currently utilized as a place of worship, the property features a well-equipped kitchen with a dining area, a dedicated office space, and ample parking on a large asphalt lot. The existing structure provides a solid foundation for continued use as a church or other community gathering space, catering to a well-established congregation or a growing one. Freeway access is readily available via the 15 freeway (Magnolia exit) and the 91 freeway (McKinley exit), enhancing convenience for attendees and visitors. While the age and square footage are estimates, the property's potential is undeniable. Interested parties are encouraged to verify details with the City of Corona. This property offers a unique blend of location, existing infrastructure, and potential for diverse uses, making it an attractive proposition for both established organizations and savvy investors.

    Property Features for 13575 Magnolia Ave

    General Information

    Property type
    Mixed-use properties
    Square Feet
    1,968 SF
    Lot Size
    9,148 SF

    Building Details

    Year Built
    1954
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Building Supply

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Corona
    County
    Riverside
    State
    California
    Longitude
    -117.5225
    Latitude
    33.87768

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    FAQs

    What type of property is this?
    Mixed-use property - High-traffic Corona location, great investment!
    Where is this mixed-use property located?
    The property is located at 13575 Magnolia Ave Corona, CA.
    What is the asking price?
    The asking price for this property is $950,500.
    (951) 685-8000
    Request Owner's contact information
    13575 Magnolia Ave Corona, CA 92879
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    Corona, CA 92879
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    13575 Magnolia Ave Corona, CA 92879
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