Riverside, CA 92506,5491 Magnolia AVE
Riverside, CA 92506,5491 Magnolia AVE
Riverside, CA 92506,5491 Magnolia AVE
22
$730,000
$725,000
0.7%
Est.Price: ?

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4 BD
3 BA
1,787 SqFt

5491 Magnolia AVE Riverside, CA 92506

Est. payment /mo
SOLD DATE : 07/19/2024

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Key Details

Sold Price $730,000

Property Type Single Family Home

Sub Type Single Family Residence

Listing Status Sold

Purchase Type For Sale

Square Footage 1,787 sqft

Price per Sqft $408

MLS Listing ID OC24120679

Sold Date 07/19/24

Bedrooms 4

Full Baths 3

HOA Y/N No

Year Built 1949

Lot Size 10,890 Sqft

Property Description

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!!!

Location

State CA

County Riverside

Area 252 - Riverside

Zoning R1065

Rooms

Main Level Bedrooms 4

Interior

Interior Features All Bedrooms Down, Bedroom on Main Level, Main Level Primary

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Appliance Dryer, Washer

Laundry Washer Hookup

Exterior

Pool None

Community Features Street Lights, Sidewalks

View Y/N Yes

View Neighborhood

Private Pool No

Building

Lot Description Back Yard, Corner Lot, Front Yard, Ranch

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

New Construction No

Schools

High Schools Call District

School District Riverside Unified

Others

Senior Community No

Tax ID 218221026

Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA

Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, FHA

Financing Conventional

Special Listing Condition Standard

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California Regional MLS (CRMLS)
Listed by Javad Abbaszadeh • Realty One Group West • 424-666-9379
Bought with AVA RANDELIA • OFFERCITY HOMES

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Kimber Wuerfel

Team Leader | License ID: 01314386

+1(714) 812-9155

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