4618 Jones
Riverside, CA, 92505
$5,850,000
Beds
0 Baths
0 SqFt
4.54 Acres
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MLS #PW26208203 image #0
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.

Property Details

Price:
$5,850,000
MLS #:
PW26208203
Status:
Active
Beds:
0
Baths:
0
Type:
Land
Neighborhood:
252riverside
Listed Date:
Sep 23, 2026
Lot Size:
197,762 sqft / 4.54 acres (approx)
252 – Riverside252riversideHills

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Market Summary

Current real estate data for Land in Riverside as of Sep 24, 2026
90
Land Listed
232
Avg DOM
$1,064,509
Avg List Price

Property Summary

    4618 Jones Riverside CA is a Land for sale in Riverside, CA, 92505. It is listed for $5,850,000 and features 5 acres.

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