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5491 Magnolia Avenue, Riverside, CA 92506

Single-family home · 3 recorded sales since 2012

5491 Magnolia Avenue, Riverside, CA 92506 Sold July 2024 CRMLS
$730,000Sold July 2024

Listing Agent: Javad Abbaszadeh (DRE #01714060) · Listing Office: Realty One Group West · Contact: 424-666-9379 · Bought with: AVA RANDELIA · OFFERCITY HOMES · MLS #OC24120679 · Source: CRMLS

4
Bedrooms
3
Bathrooms
1,787
Sq Ft
10,890 sqft
Lot Size
1949
Year Built
Single-family home
Type
1
Stories
0
Garage
CentralAir
Cooling
Central
Heating
Neighborhood
View

About this single-family home

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!!!

Listing description from the July 2024 sale, as reported to CRMLS.

Sale history

$730,000
Sold July 2024 · listed $725,000, on market June 2024 · MLS #OC24120679 · Source: CRMLS
Listing Agent: Javad Abbaszadeh · Listing Office: Realty One Group West · Contact: 424-666-9379 · Bought with: AVA RANDELIA · OFFERCITY HOMES
$466,000
Sold February 2021 · listed $420,000, on market January 2021 · MLS #IV21013609 · Source: CRMLS
Listing Agent: DOROTHY PATAKY · Listing Office: RE/MAX HORIZON · Contact: 951-684-3000 · Bought with: Javad Abbaszadeh · Realty One Group West
$212,500
Sold June 2012 · listed $214,900, on market April 2012 · MLS #S695885 · Source: CRMLS
Listing Agent: Kenneth Hyland · Listing Office: Mission Property Realty · Contact: 951-279-2000 · Bought with: April Glatzel · Re/Max Partners
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