7515 Magnolia Ave, Riverside, CA 92504

Introducing a rare gem in the coveted Ramona neighborhood, available for the first time in 38 years! This 2 bed, 1 bath starter home has incredible potential and is perfect as an income-producing investment property or for first time home buyers- ready to make it their own with some cosmetic updates. Nestled on a generous 7,840 square foot lot, the property boasts a spacious front yard & an expansive backyard complete with mature shade trees, citrus fruit trees & a large covered patio. The fully fenced backyard is perfect for outdoor entertaining & future landscaping projects. The property features a detached two-car garage great for storage or as a potential ADU. Located in the much sought after beautiful, tree lined area of Magnolia Center this home is close to everything! This prime area is a short walking distance to all three schools, and near Cal Baptist University, Riverside Plaza & Downtown Riverside. Incredible access to local amenities including shopping, restaurants, movie theater, public transportation & more! Don’t miss out on this unique opportunity!