$725,000
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5491 Magnolia Avenue, Riverside, CA 92506

4 Beds
3 Baths
1,787 Sq Ft

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!!!

  • MLS# CROC24120679
  • Date Listed06/14/2024
  • Bedrooms 4
  • Bathrooms 3 Full baths
  • Lot Size 0.25 acres (10,890 sq. ft)
  • Sewer Public Sewer
  • Property Type Single Family
  • County Riverside
  • Year Built 1949
  • Water Public
  • Square Feet 1,787 sq. ft
  • Price Per Sq. Ft $405.71

Interior Features

  • Cooling Central Air
  • Heating Other

Exterior / Lot Features

  • Exterior Backyard, Back Yard, Front Yard
  • Roof -
  • Lot Size Acres 0.25
  • Lot Size SQFT 10,890.00
  • Lot Features Corner Lot, Street Light(s)

Financial Considerations


Nearby Schools

Source: School Digger

Sales & Tax History

Source: Public Records

Population & Environment

Source: Sperling's Best Places

Walkability in CA / 92506

Source: Walkscore

43/100

Car-Dependent

Walk Score ®

39/100

Some Transit

Transit Score ®

59/100

Bikable

Bike Score ®

Overview

Most errands require a car. A few nearby public transportation options. Some bike infrastructure.

Transit Summary

6 nearby routes: 6 bus, 0 rail, 0 other


Walkability averages in the surrounding area

The average walkability score in the surrounding area is Walk Score: 32/100, Transit Score: 21/100, Bike Score: 39/100.

Points of Interest near 5491 Magnolia Avenue, Riverside, CA 92506

Frequently Asked Questions for 5491 Magnolia Avenue

Source: Realty.com

5491 Magnolia Avenue, Riverside, CA 92506 is a Single Family 1,787 sq. ft. home listed for sale. Realty.com has 22 photos available of this 4 bed, 3 bath house, listed at $725,000. View sales and tax history, use our mortgage calculator and more on Realty.com

Realty.com has 22 photos of 5491 Magnolia Avenue.

Our records indicate that 5491 Magnolia Avenue was built in 1949.

The full address for this home is 5491 Magnolia Avenue, Riverside, CA 92506.

5491 Magnolia Avenue has been listed on Realty.com since Fri June 14, 2024

Most errands require a car. A few nearby public transportation options. Some bike infrastructure.

The average walkability score in the surrounding area is Walk Score: 32/100, Transit Score: 21/100, Bike Score: 39/100.

There are 3 schools assigned to this home. Check out the schools near 5491 Magnolia Avenue. Sunshine Early Childhood Center (Grades: PK - PK), Central Middle School (Grades: 7 - 8), Polytechnic High School (Grades: 9 - 12)

Listing provided courtesy of: Realty One Group West (tel: 949-783-2400)
Listing agent: Javad Abbaszadeh (tel: 424-666-9379) (#CR500701)

This content last refreshed on 2025-11-09 17:16:06. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.

Export listing data of 5491 Magnolia Avenue, Riverside, CA 92506 : MLS# CROC24120679