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5491 Magnolia Ave Riverside, CA, 92506
$765,000 Home temporarily withdrawn 4 beds 3 baths 1,787 sqft
Excellent location 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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Property details
1,787 sqft interior area
Property type
Home
Interior area
1,787 sqft
View
Other
Land area
10,890 sqft (0.25 acres)
Price per sqft
$428/sqft
Days on Verhouse
19
Address
5491 Magnolia Ave, Riverside, CA, 92506
City of California
Riverside
County
Riverside
Previous price
$745,000
Stories
1
Year Built
1949
District
Listing
Stories
One Story
Open Houses
No upcoming open houses
Interior Features
Laminate floors
Beds
4
Baths
3
Floors
Laminate
Stories
One Story
Security
Smoke Detector(s)
Fireplaces
None
Laundry Features
220 Volt Outlet, Dryer, Washer, Other
Heathing & Cooling
Central Air, Other, Wall/Window Unit(s), Central
Kitchen features
Counter - Stone, Dishwasher, Island, Refrigerator, Updated Kitchen, Other
Other rooms
Family Room, Stone Counters, Kitchen Island, Updated Kitchen
Appliances
Dishwasher, Refrigerator, Gas Water Heater, Tankless Water Heater
Listed by
Javad Abbaszadeh, Realty One Group West
Name
Javad Abbaszadeh
License number
01714060
Brokerage company
Realty One Group West
MLS #
CROC24083494
Payment calculator
Calculate your monthly payments
Mortgage
$2,349
Taxes
$0
HOA dues
$0
Mortgage
$153,000 / 20%
2.28%
30 years
Your amount
$2,349 / month
Exterior Features
Stucco, Other, Concrete construction and more
Utilities
Sewer Connected, Natural Gas Available, Natural Gas Connected
Construction
Stucco, Other, Concrete
Pool
None
Yard
Backyard, Back Yard, Front Yard, Other
Lot details
TMK #218221026
Lot Description
Corner Lot, Street Light(s)
Parcel nr.
218221026
92506 info
Essentials nearby
Neighborhood stats
Walkability
Coffee shops
—
no data
Bus stop
—
no data
Supermarket
—
no data
Costco
—
no data
Hospital
—
no data
Park
—
no data
Beach
—
no data
Elementary school
—
no data
Middle school
—
no data
High school
—
no data
Local airport
—
no data
People living in 92506
44%
Families with children
National average: 39%
28%
Non family households
264,603
Population
$81,661
Average Income
Age & gender
Median age 33 years
More info
Commute types
88% commute by car
More info
Education level
27% have high school education
More info
Number of employees
4% work in education and healthcare
More info
Vehicles available
37% have 2 vehicle
More info
Vehicles by gender
37% have 2 vehicle
More info
Housing market insights for
$652.2k
Neighborhood average
sales price*
sales price*
$600k
Neighborhood median
sales price*
sales price*
329
Number
of sales*
of sales*
Housing type
70% are single detacheds
More info
Rooms
33% of the houses have 6 or 7 rooms
More info
Bedrooms
57% have 2 or 3 bedrooms
More info
Owners vs Renters
58% are owners
More info
12.83 / 20
Above Average
►
15-20
Most Walkable
10-15
Above Average
5-10
Below Average
1-5
Least Walkable
Walkability according to the National Walkability Index
Green energy efficient
Efficient
Appliances, Water Heater
ADU Accessory Dwelling Unit
Description
Standard, 653 sqft
Kitchen
No
Price history
Temporarily Withdrawn May 9, 2024
| Date | Event | Price | $/sqft | Source |
|---|---|---|---|---|
| May 9, 2024 | Temporarily Withdrawn | $765,000 | 428.09 | MLS #CROC24083494 |
| May 8, 2024 | For sale | $765,000 | 428.09 | MLS #CROC24083494 |
| May 7, 2024 | Temporarily Withdrawn | $765,000 | 428.09 | MLS #CROC24083494 |
| May 1, 2024 | Price Increase | $765,000 +2.68% | 428.09 | MLS #CROC24083494 |
| May 1, 2024 | New Listing | $745,000 | 416.9 | MLS #CROC24083494 |
Taxes of 5491 Magnolia Ave, Riverside, CA, 92506
R106 zoning / MLS #CROC24083494
Zoning
R106
Agent viewpoints of 5491 Magnolia Ave, Riverside, CA, 92506
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Frequently Asked Questions about 5491 Magnolia Ave
What is 5491 Magnolia Ave?
5491 Magnolia Ave, Riverside, CA, 92506 is a single family home located in the city of Riverside, California with zipcode 92506. This single family home has 4 bedrooms & 3 bathrooms with an interior area of 1,787 sqft.
Which year was this home built?
This home was build in 1949.
What is the full address of this Home?
5491 Magnolia Ave, Riverside, CA, 92506.
Are grocery stores nearby?
The closest grocery stores are Rite Aid, 0.47 miles away and Ralphs, 0.53 miles away.
What is the neighborhood like?
The 92506 zip area has a population of 264,603, and 44% of the families have children. The median age is 33.72 years and 88% commute by car. The most popular housing type is "single detached" and 58% is owner.
Based on information from the bridgeMLS as of 05-19-2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
Listing last updated on: May 09, 2024
Verhouse Last checked 2 minutes ago
The closest grocery stores are Rite Aid, 0.47 miles away and Ralphs, 0.53 miles away.
The 92506 zip area has a population of 264,603, and 44% of the families have children. The median age is 33.72 years and 88% commute by car. The most popular housing type is "single detached" and 58% is owner.
*Neighborhood & street median sales price are calculated over sold properties over the last 6 months.
