Listing Agency: Lee & Associates - Riverside r***@lee-associates.com Show Phone

Listed By: Rich Erickson · License #CA 01219183

Source: Crexi

Added: Jul 21 Changed: Aug 30 Last Checked: Aug 30 at 7:20AM

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Investment Insights

Based on property information with market context.

This office property includes 2,651 square feet of office space at 5922 & 5924 Magnolia Avenue in Riverside, California. The asset is offered for sale and is identified as office units within the commercial real estate category.

Key Highlights

• 2,651 SF of office space
• Located at 5922 & 5924 Magnolia Avenue
• Riverside, CA 92506

Property Analytics

Property Profile

Current Use

Office Units

Suggested Use

Top Pick HVAC Service Electrical Service Catering Service Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,355

Businesses Nearby

Explore this area Business Placement

Demographics for 92506, CA

45,185

Population

15,407

Households

2.9

Avg Household Size

41

Median Age

42%

College-Educated

93%

High-School Grad

16.2 sq mi

ZIP Area

2,789

Density / Sq Mi

$120,877

Median Household Income

$51,224

Median Earnings

$1,814

Median Rent

$634,900

Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019

14.1% 2020

15.5% 2021

17.2% 2022

19.9% 2023

21% 2024

20.8% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Office units - Office space is identified at a paired Magnolia Avenue address in Riverside.

Where is this office units located?

The property is located at 5922 & 5924 Magnolia Avenue Riverside, CA.

What are key features of this property?

This property features: 2,651 SF of office space; Located at 5922 & 5924 Magnolia Avenue; Riverside, CA 92506