4618 Jones, Riverside, CA — listing photo 1
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FOR SALENew Listing

4618 Jones

Riverside, CA 92505
197,762 Lot Sq Ft
$5,850,000

Property Overview

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.

Home Details

Property type
Land
Lot size
4.54 acres
Days on market
1
MLS status
Active
Zoning
R-3-1500

Features & Amenities

Lot

  • Lot Over40000Sqft
  • Value In Land

Community, Schools & Utilities

Community

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Hills

Utilities

Water
Public
Sewer
PublicSewer
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Location & Neighborhood

4618 Jones

Riverside, CA 92505

Frequently Asked Questions About 4618 Jones

Property type: Land

The current asking price is $5,850,000. Pricing is subject to change and may vary based on market conditions, negotiations, and property updates. Contact our team to verify current pricing.
Yes. Use the Book Visit action or contact form to request an in-person or virtual tour of 4618 Jones. Our team will confirm availability and timing.
This property offers the living space reported in the listing. Review the listing details and disclosures, then independently verify material features before making a decision.
The property is in Riverside, California. Review the map, visit at relevant times of day, and verify schools, commute routes, services, noise, hazards, and local rules for the exact address.
Financing depends on the buyer, lender, property type, condition, appraisal, insurance, and association documents. A qualified lender can confirm available programs and costs for this Riverside property.
The MLS currently reports the property as Active. It has been listed for 1 days. Status can change, so verify availability before relying on it.

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“Reza was the best agent we have ever worked with.”Russell & Susan McQueen

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Reza Barghlameno

eXp of California

Listing Agent

Name: Matthew Wenzel
MLS ID: PWWENMAT

Available property

$5,850,000

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Data provided by California Regional Multiple Listing Service, Inc. ("CRMLS"). Information is for viewer's personal, non-commercial use. All data should be independently verified for accuracy.