11
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$5,850,000
Est. payment /mo
4.54 Acres Lot
New
4618 Jones Riverside, CA 92505
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Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW26208203
Lot Size 4.540 Acres
Property Sub-Type Lots/Land
Property Description
The Mikasa Luxury Villas development site is a fully entitled 117-unit multi-family project located at 4618 Jones Ave & 4663-4705 Hendrick Ave in the La Sierra neighborhood of the city of Riverside. The project was approved by the Riverside City Council on April 21, 2026 for the development of a 117-unit multi-family building on a site of 4.54 acres. The development will be Type V-A construction (woodframe/slab on grade) and will be composed of 15 multi-family buildings, 10 of which will be 2-story and 5 of which will be 3-story structures. The unit mix will be 43 one-bedroom units, 73 two-bedroom units, and one studio. The project also includes a community hall, gym, pool, spa and play area. Architectural features will include balconies/patios, smooth finish stucco, accent stone laminate, wood siding, metal guardrails and flat roofs. A total of 215 parking spaces will be provided, 175 garage spaces plus 40 open spaces. Building construction will total approximately 193,421 square feet of new development. The site is located street-to-street between Jones Ave and Hendrick Ave with the main entrance on Jones Ave. The site is surrounded by two-story multifamily located to the south and one-story, single-family residences to the west, north, and east. The site is also located only 1.3 miles north of the 91 freeway.
Location
State CA
County Riverside
Direction North of Hole Ave, Frontage on both Jones Ave and Hendrick Ave
Interior
Fireplace No
Exterior
Utilities Available Electric
View Y/N No
Others
Senior Community No
Tax ID 143040012
Acceptable Financing Cash
Listing Terms Cash
Listed by Matthew Wenzel, DRE#01198357 Marcus & Millichap
NEARBY SCHOOL & BUSINESS
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