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Property profile

6491 Magnolia Ave Riverside, CA 92506

OFF-MARKET
Retail space
Property ID
US09-1180600
1.84 ac lot
Last sale Jul 2024 · $5,650,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This retail space is located in the Magnolia Center area of Riverside, California, just off the intersection of Magnolia Ave and Brockton Ave. The property sits along corridors reported to have an average daily traffic count of 19.4k vehicles per day. It is within walking distance of Riverside Plaza Shopping Center and has convenient access to the 91, 215, and 60 freeways.

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$19k
Tax billed · 2024
Assessed value$1.66M
Assessed land$776k
Assessed improvement$880k
Effective rate1.15%

Value estimate

· Oct 2026
$5.65M
$5.09M – $6.22M
AI approach$5.65M

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$226/SF
ZIP average, outlier-cleaned · 17 recorded sales of this use type
Observed band · Q1–Q3$168 – $301

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
C3
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand index
Parking Facility12.8
Electrical Service12.5
Wholesale Shop11.1

Location

6491 Magnolia Ave Riverside, CA 92506-2409
County assessor Recorded deeds · 2 transfers Qualifying comp sales · not on file Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 15 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5801 Chicago, Riverside, CA 92506-4012 $83,000 Sep 2025 No data
6714 Brockton, Riverside, CA 92506-3022 $1,641,840 Jun 2025 8,272 SF
6655 Magnolia, Riverside, CA 92506-2904 $600,000 Apr 2025 3,257 SF
6723 Brockton, Riverside, CA 92506-3023 $1,350,000 Jan 2025 2,126 SF
6665 Magnolia, Riverside, CA 92506-2904 $105,000 Nov 2024 680 SF
6730 Magnolia, Riverside, CA 92506-2908 $1,500,000 Oct 2024 7,121 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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