Property profile

8374 Magnolia Ave Riverside, CA 92504

OFF-MARKET
Apartment buildings
Property ID
US09-2480812
3,144 SF 1.55 ac lot Built 1976
Individually Owned 23-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Apartment buildings
Use group APARTMENT HOUSE (5+ UNITS)
Year built 1976
Construction WOOD
Total area 3,144 SF
Lot 1.55 ac (67,518 SF)
Zoning code R3
APN 231-040-017
UPID US09-2480812

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

8374 Magnolia Ave Riverside, CA 92504-3200
Riverside metro Census 31501 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$460k
CAP Approach CAP
$640k
Comparable Approach Comparable
$863k
Blend (final) Blend
$655k

Owner & transaction history

since 2003
7 recorded transactions
2016
Price N/A
2003
Price N/A
1999
Price N/A
1998
$910,000
1998
$625,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

R3 · Riverside, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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