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4618 Jones

Riverside, CA 92505
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SqFt197,762

Sqft(Lot)

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 lami nate, 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.

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Detail Ic Property Details

Property Type : Land

Price : $5,850,000

AD Id : 91448236

MLS Id : PW26208203

Lot Size : 197,762 Sq. Ft(Lot)

County : Riverside

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  • Lot Information

    Main Square Feet: 197762 Lot Size Acres: 4.54 Lot Size Source: Assessor Lot Size Square Feet: 197,762 Lot Description: LotOver40000Sqft,ValueInLand

  • Listing Price Information

    Listing Price: $5850000
    Cash, CashToNewLoan

  • Tax Information

    Parcel Number: 143040012 Tax Lot: 29

  • Utility Information

    ElectricityAvailable, SewerAvailable, WaterAvailable
  • Location Information

    Direction: North of Hole Ave, Frontage on both Jones Ave and Hendrick Ave WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
10359 Gould Street, Riverside, CA, 92505 $1,863,000 -- -- -- 37,026 Sq. Ft(Lot)
Polk St, Riverside, CA, 92505 $6,100,000 -- -- -- 4.84 Acres(Lot)
3907 Polk Street, Riverside, CA, 92505 $6,950,000 -- -- -- 128,502 Sq. Ft(Lot)
4998 Bushnell Avenue, Riverside, CA, 92505 $849,000 -- -- -- 99,317 Sq. Ft(Lot)
Norwood Ave, Riverside .., Riverside, CA, 92505 $300,000 -- -- -- 147,668 Sq. Ft(Lot)
Bushnell Avenue, Riverside, CA, 92505 $155,000 -- -- -- 7,405 Sq. Ft(Lot)
12115 Knoefler Drive, Riverside, CA, 92505 $349,900 -- -- -- 9,583 Sq. Ft(Lot)

The information being provided by Miami Association of REALTORS® is for the consumer's personal, non-commercial use. Any information relating to real estate for sale referenced on this web site comes from the Internet Data Exchange (IDX) program of the Miami Association of REALTORS®. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by Miami Association of REALTORS® and is protected by all applicable copyright laws. Any unauthorized dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright 2026 Miami Association of REALTORS®. All rights reserved.

ByOwner last updated this listing 10/02/2026 @ 05:12

MLS: PW26208203 LISTED BY: Matthew Wenzel, Marcus & Millichap 562-257-1200 SOURCE: CRMLS

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