5491 Magnolia Avenue
Riverside, CA 92506
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- 4 beds
- 3 baths
- 1,787 sqft
- 10,890 sqft lot
- $408 per sqft
- 1949 build
- – on site
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Excellent location in "Wood Streets" neighborhood a mile away from Riverside Community Hospital, Riverside City College and Mission Inn (Downtown Riverside), and easy access to the 91 Freeway. Presenting this beautifully refreshed and extensively remodeled Riverside contemporary interior with farmhouse flair and a large, brand new with fully permitted ADU, each occupied by tenants, further enhancing the income potential of this investment, and positioned on a tree-lined street with charming curb appeal. The main house has undergone a comprehensive transformation, featuring trendy finishes and top-quality materials throughout. From sleek granite countertops to gleaming hardwood flooring. Modern upgrades abound, including a state-of-the-art HVAC system, tankless water heater, and Mini split, ensuring comfort and efficiency year-round. Whether you're an astute investor seeking lucrative rental opportunities or a homeowner looking to maximize your property's earning potential. Furthermore, the spacious and brand-new ADU, fully permitted, offers additional income potential with a dependable tenant already in place. Great income opportunity!!!
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Last updated Apr 10, 2025
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MLS# OC24120679 —
Walk Score®
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Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
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Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Air Pollution Index
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The air pollution index is calculated by county or urban area using the past three years data. The index ranks the county or urban area on a scale of 0 (best) - 100 (worst) across the United Sates.
Sale history
| Date | Event | Source | Price | % Change |
|---|---|---|---|---|
|
6/20/24
Jun 20, 2024
|
BRIDGE | $725,000 | ||
|
6/20/24
Jun 20, 2024
|
Sold Subject To Contingencies | CRMLS_CA | $725,000 | |
|
6/14/24
Jun 14, 2024
|
Listed / Active | CRMLS_CA | $725,000 | 55.6% (16.9% / YR) |
