9325 Magnolia, Riverside, CA 92503

Property Description

Great Investor’s opportunity! This early 20th century home is set back from the street and has stood regally on Magnolia Ave. for years. Unfortunately, in the last few years it has fallen in disrepair and is looking for an investor with imagination and ability to restore its former beauty. City records are vague on its actual size as 1922 permit only lists 11 rooms and no square footage ( please verify). Zoning here is commercial but since it has only been a single family residence, the Building Dept. has said it can remain as such. However, it is surrounded by smaller early century bungalows converted to charming offices and zoning per the city would permit this to follow. It has a large front porch and porte couchere ** Buyer and buyers agent to conduct their own investigations to satisfy themselves of the true condition of the property including but not limited to, condition, Sqft, permits, defects, structure and every aspect of the property.**