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11325 Magnolia Ave
For Sale $3,250,000
$3,250,000
- Units
- Unknown Sq Ft
- 40,946 Sq Ft
- Unknown Cap Rate
Description
( Check The Pictures For Our Conceptual Design )
The property currently features a single-family residence and a detached garage, both slated for demolition to make way for a proposed 51-unit apartment development.
The project includes:
46 one-bedroom units
5 two-bedroom units
82 parking stalls (all located on the first floor)
A four-story building with a gross building area of 81,431 square feet
Situated on a 40,946 square foot lot
All units offered at market-rate rents
The site is zoned MU-U-TA (Mixed-Use, Multi-Family, Urban Transit-Oriented).
Comprehensive plans have already been prepared, including:
Architectural design
Structural engineering
Civil engineering
Geotechnical report
MEP (Mechanical, Electrical, Plumbing)
Title 24 Compliance
This project is designed to maximize the potential of this prime location while adhering to zoning and transit-oriented development principles
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $3,250,000 |
| Property Type | Other |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1946 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 142231007 |
| MLS # | IV25023551 |
| Property ID | 291578252 |
| Lot Sqft | 40,946 |
| Zoning | Unknown |
| Days on Market | 30 |
| Original List Price | $2,850,000 |
| Date Updated | February 07, 2025 |
| Date Created | January 30, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
AIMEE GHAFOURI an agent of . Lic #02193341
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of February 07, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT