Under Contract
Active Under Contract
5491 Magnolia Avenue
Riverside CA, 92506
$725,000
$405.71 per sqft
Under Contract
Active Under Contract
4 Beds
3 Baths
1,787 sqft
Residential
Built in 1949
Listed by Javad Abbaszadeh with Realty One Group West 949-783-2400
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!!!
OC24120679
MLSⓇ ID
June 14, 2024
Listed
June 21, 2024
Updated
Map
5491 Magnolia Avenue
Riverside CA, 92506
Interior Features
Total Stories
1
Bedrooms
4
Total Bathrooms
3
Full Bathrooms
3
Interior Features
All Bedrooms Down, Bedroom on Main Level, Main Level Primary
Appliances
Dryer, Washer
Laundry Description
Washer Hookup
Fireplace
No
Fireplace Description
None
Cooling
Yes
Cooling Description
Central Air
Heating
Yes
Heating Description
Central
Exterior/Building Features
Lot Size
0.25 Acres
Lot Features
Back Yard, Corner Lot, Front Yard, Ranch
Sewer
Public Sewer
School Information
School District
Riverside Unified
High School
Call District
Other Property Details
Area Name
252 - Riverside
Days on Market
6
Garage
No
Parking Total
0
View
Yes
View Description
Neighborhood
County
Riverside
Water Source
Public
Pool
No
Pool Features
None
Zoning
R1065
Buyer Agency Compensation
2.5%
Listing History
Date | Event | Price |
|---|---|---|
6/21/2024 | Under Contract | — |
Listing Contact: 949-783-2400
Based on information from the California Regional Multiple Listing Service (CRMLS) as of 6/21/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.
©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.
Data last updated on 6/21/2024 at 3:57 PM UTC