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5121 Magnolia Avenue

Riverside, CA 92506

Name: Open House: 12pm-4pm
Start: 2024-04-27T12:00:00
End: 2024-04-27T16:00:00
Location: 5121 Magnolia Avenue

5 beds
3 baths
3,000 sqft
9,148 sqft lot
$444 per sqft
1923 build
– on site

Step into a piece of history with this exquisite 1923 Colonial home, designed by the renowned architect Henry Jekel, nestled in the prestigious Wood Streets Historic District. This distinguished residence combines original character with modern upgrades, ensuring a living experience that is both luxurious and authentically preserved. Experience the allure of the past with the home's charming brick entry and mature landscaping, setting a tone of grandeur and elegance. Inside, the home boasts large living spaces, including a formal dining room and a spacious kitchen outfitted with stainless steel appliances. Tasteful updates and refurbishments are evident throughout, marrying the original charm with contemporary comfort. This two-story home features five generously sized bedrooms and 2.5 bathrooms, with the upper floor housing four bedrooms and two remodeled bathrooms, providing ample space for family and guests alike. The master suite is a true retreat, offering tranquility and privacy. Entertain in style in the expansive backyard, where a charming deck and a shimmering pool await to make your summers unforgettable. Additional features include a carport, a two-car garage, and a convenient laundry room, all enhancing the functionality of this historic gem. Living in this home also means the opportunity of significant tax benefits, thanks to its Mills Act Tax Relief approval. This is not just a home; it's a savvy investment and a chance to own a significant part of Riverside's architectural heritage. Make this captivating home yours and live the legacy of luxury and history.

Listed By CRMLS_CA / ROBERT ADAMS / First Team Real Estate / 909-702-9205

Last checked: Checking… • Last updated Apr 25, 2024 •

MLS# IV24075836 —

This home is listed in more than one place. See it here.

The Building

Year Built:

1923
Year Built Source:

Assessor
New Construction:

No
Structure Type:

House
Entry Level:

1
Common Walls:

No Common Walls
Total Number Of Units:

1
Stories Total:

2

Interior

Levels:

Two
Entry Location:

Front/ Main Street
Room Type:

Basement, Bonus Room, Family Room, Foyer, Kitchen, Laundry, Living Room, Main Floor Bedroom, Primary Suite, Retreat, Walk-In Closet, Walk-In Pantry
Living Area Units:

Square Feet
Living Area Source:

Estimated
Fireplace:

Yes
Fireplace:

Living Room
Laundry:

Individual Room, Inside, Laundry Chute
Laundry:

1

Room Dimensions

Living Area:

3000.00

Location

Directions:

Corner of Magnolia Avenue and Chapman Place
Latitude:

33.96883900
Longitude:

-117.38695600

The Property

Property Type:

Residential
Subtype:

Single Family Residence
Zoning:

R1065
Lot Features:

0-1 Unit/Acre, Back Yard, Corner Lot, Landscaped, Sprinklers In Front, Sprinklers In Rear, Yard
Lot Size Area:

9148.0000
Lot Size Acres:

0.2100
Lot Size SqFt:

9148.00
Lot Size Source:

Assessor
View:

1
View:

Neighborhood, Pool
Sprinklers:

Yes
Additional Parcels:

No
Land Lease:

No
Lease Considered:

No

Listing Agent

Contact info:

Taxes

Tax Census Tract:

307.00
Tax Lot:

24

Beds

Total Bedrooms:

5
Main Level Bedrooms:

1

Baths

Total Baths:

3
Full & Three Quarter Baths:

2
Main Level Baths:

1
Full Baths:

2
Half Baths:

1

The Listing

Buyer's Brokerage Compensation:

2.000%
Special Listing Conditions:

Standard
Buyer's Brokerage Compensation:

$2
Parcel Number:

217242017
Showings Begin:

2024-04-16

Heating & Cooling

Heating:

1
Heating:

Central
Cooling:

Yes
Cooling:

Central Air, Dual

Utilities

Sewer:

Public Sewer
Water Source:

Public

Schools

High School District:

Riverside Unified

The Community

Senior Community:

No
Features:

Sidewalks, Street Lights, Suburban
Pool:

Private, In Ground
Private Pool:

Yes
Association:

No
Assessments:

No
Assessments:

None

Parking

Parking Spaces:

3.00
Attached Garage:

No
Garage Spaces:

3.00

Monthly cost estimate

Asking price

$1,333,000

Expense	Monthly cost
Mortgage	$7,137
Taxes	N/A
Insurance	$366
Utilities	$203 See report
Total	$7,706/mo.^*
	^*This is an estimate

Explore the Area

My Commute

From

Walk Score®

Provided by WalkScore® Inc.

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Transit Score®

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Soundscore™

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Provided by ClearlyEnergy

Sale history

Date	Event	Source	Price	% Change
4/16/24 Apr 16, 2024	Listed / Active	CRMLS_CA	$1,333,000	27.0%
1/16/24 Jan 16, 2024		BRIDGE	$1,050,000	-4.5%
12/8/23 Dec 8, 2023		BRIDGE	$1,099,900	52.8% (8.4% / YR)

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This house located in North Riverside, Riverside, CA 92506 is currently for sale for $1,333,000. 5121 Magnolia Avenue is a 3,000 square foot house with 5 beds and 3 baths that has been on Estately for 13 days. 5121 Magnolia Avenue is in the North Riverside neighborhood of Riverside and has a WalkScore® of 48, making it car-dependent. This house is in the attendance area of Central Middle School, Magnolia Elementary School, and Poly High School.

Listing Courtesy of: CRMLS_CA and First Team Real Estate. Based on information from California Regional Multiple Listing Service, Inc. as of 08:58 on Apr 27.

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

The offer of compensation listed above is made to, and can only be accepted by, participants of the multiple listing service in which this listing is filed.