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Medical Office Condo Across Hospital
For Sale
$299,000

9041 Magnolia Avenue, Riverside, CA 92503

Open-plan suite in an established medical building includes ADA access and parking for patients and staff.

Property Size20,000 SF
Price / SF$14.95
Days on Market8

Property Features for 9041 Magnolia Avenue

General Information

Standard status Active
Size 20,000 SF
Property subtype Office

Amenities

Central Air

Building Details

Year Built 1990
Listing Agency: Real Estate Ebroker Inc
Listed By: Prem Anand
Source: Xome
Added: Aug 15 Changed: Aug 21 Last Checked: Aug 21 at 4:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Real Estate Ebroker Inc

Investment Insights

Based on property information with market context.

This medical office condominium is currently configured as professional office space within a medical building constructed in 1990. The interior has an open arrangement that can support customization or conversion for medical use, while the unit is reported to be in good condition. Central air is present.

The property is located at 9041 Magnolia Avenue in Riverside, California, directly across from Parkview Hospital. The building provides ample parking and ADA-accessible access for patients and staff. Its setting within an established medical facility and proximity to the hospital support use by physicians, dentists, therapists, and other healthcare professionals seeking an owned office location.

Key Highlights

  • Medical office condominium at 9041 Magnolia Avenue, Riverside, CA 92503
  • Directly across from Parkview Hospital
  • Open interior layout currently configured for professional office use

Property Analytics

Current Use

Senior Clinic Of Riverside Medical Clinic Breath Clinic Dr ... Physician Aspen Medical Group, ... Medical Group Bradley P mudge Physician Western Bariatric, AMC: ... Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Big Box & Wholesale Store Building Supply Spa & Massage Center

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

973
Businesses Nearby
Under-served
Demand for This Use

Demographics for 92503, CA

90,011
Population
25,802
Households
3.5
Avg Household Size
35
Median Age
21%
College-Educated
81%
High-School Grad
34.3 sq mi
ZIP Area
2,624
Density / Sq Mi
$91,523
Median Household Income
$42,150
Median Earnings
$1,801
Median Rent
$556,300
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
Rey
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Open-plan suite in an established medical building includes ADA access and parking for patients and staff.
Where is this medical office space located?
The property is located at 9041 Magnolia Avenue Riverside, CA.
What is the asking price?
The asking price for this property is $299,000.
What are key features of this property?
This property features: Medical office condominium at 9041 Magnolia Avenue, Riverside, CA 92503; Directly across from Parkview Hospital; Open interior layout currently configured for professional office use
More about this property
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