7167 Magnolia Ave Riverside, CA 92504-3839
Property profile & analytics
7167 Magnolia Ave, Riverside, CA 92504-3839
- Office buildings
- 2,280 SF
- 0.22 lot acres
Property ID
US09-2780562
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Aegis Pacific Insurance / Insurance Agency
- Golden California Insurance / Insurance Agency
Property Details for 7167 Magnolia Ave
- Year built
- 1981
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.22 lot acres
- Zone code
- R0DS
- Property type
- Office buildings
- APN
- 227-283-027
- APU
- 227283027
Description
Exceptional investment opportunity: a two-story, 4,828 square foot office building in Riverside, CA, ideally suited for owner-occupancy. This Class C property, located at 7167 Magnolia Ave (APN 227-283-027), is priced at $1,569,100 ($325/sq ft) and sits on a 0.21-acre lot. The building features a flexible layout accommodating one to three tenants, with three separate HVAC units, three electrical meters, three gas meters, and one water meter. The ground floor includes a common area with restrooms and separate entrances to Suite 100 and access to upper-level Suites 200 and 201 (Suite 201 has a private restroom). Parking consists of 14 spaces (13 standard, 1 handicapped), supplemented by ample street parking. The property benefits from a 2017 roof replacement with a 10-year guarantee, well-maintained brick and wood exterior, and building top signage availability. Conveniently located in Magnolia Center, near the 91 freeway (Arlington/Central Ave exits), this property offers easy access and visibility. The building's sewer line allows for simple expansion, and a 40-foot free span provides flexibility for open space or additional offices. While previously used as a medical office, it lacks an elevator. The parking lot requires a slurry coat. This versatile property presents a strong return on investment.
Value Estimations
based on Realmo’s proprietary methodology
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Riverside
- County
- Riverside
- State
- California
- Longitude
- -117.404
- Latitude
- 33.9453
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$6,541
$126,331
$460,600
$586,931
-
$0.00
$0.00
$0.00
