5743 Magnolia Avenue
Riverside, CA, 92506
$645,000
3 Beds
1 Baths
1,320 SqFt
0.18 Acres
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Discover a rare gem in Riverside’s coveted Wood Streets Historic District — a stunningly reimagined Spanish Colonial Revival that seamlessly blends timeless architecture with modern upgrades and exceptional investment potential. This beautifully updated 3-bedroom, 1-bath home sits on a spacious lot with alley access and includes proposed plans for a detached 3-bedroom, 3-bath ADU, offering approximately 1,200 sq ft of additional living space — ideal for multigenerational living or future rental income. Enjoy the welcoming front porch to the rich architectural details throughout, every inch of this residence has been thoughtfully enhanced. Step into the formal living room and take in the striking barreled ceiling, abundant natural light, and sleek, state-of-the-art fireplace that anchors the space with modern elegance. Recent upgrades include: • Brand-new laminate flooring and baseboards • Eye-catching Moroccan tile accents • New interior and exterior doors • Reimagined kitchen with quartz countertops, stainless steel appliances, and a walk-in pantry • Fully remodeled bathroom with dual vanities and designer tile • All-new electrical and plumbing system • Tankless water heater and recessed lighting throughout • Recently installed mini-split systems for efficient cooling, alongside the existing swamp cooler • Dedicated laundry room with updated hookups and finishes. The expansive backyard offers endless possibilities — from outdoor entertaining and gardening to building the perfect ADU with easy alley access. The long driveway provides plenty of parking, complemented by a detached one-car garage for additional storage or vehicle space. Enjoy the convenience of a fully automated sprinkler and drip system, making yard maintenance effortless while keeping your landscaping lush year-round. Perfectly located near top-rated schools, parks, Downtown Riverside, shopping, dining and with easy access to the 91 and 60 freeways. Whether you’re searching for a forever home full of charm or a smart investment with long-term upside, this exceptional property delivers on all fronts. Opportunities like this don’t come often — schedule your private tour today and unlock the full potential of this extraordinary home.

Property Details

Price:
$645,000
MLS #:
CV25117180
Status:
Active
Beds:
3
Baths:
1
Address:
5743 Magnolia Avenue
Type:
Single Family
Subtype:
Single Family Residence
Neighborhood:
252riverside
City:
Riverside
Listed Date:
Jul 7, 2025
State:
CA
Finished Sq Ft:
1,320
ZIP:
92506
Lot Size:
7,841 sqft / 0.18 acres (approx)
Year Built:
1921
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Schools

School District:
Riverside Unified

Interior

Accessibility Features
See Remarks
Appliances
6 Burner Stove, Gas Oven, Gas Range, Microwave, Range Hood, Refrigerator, Tankless Water Heater, Vented Exhaust Fan
Cooling
Ductless, Evaporative Cooling, See Remarks
Fireplace Features
Living Room
Flooring
Laminate, Tile
Heating
Ductless, Wall Furnace
Interior Features
Attic Fan, Pantry, Quartz Counters, Recessed Lighting
Window Features
Wood Frames

Exterior

Community Features
Biking, Curbs, Sidewalks, Storm Drains, Street Lights, Suburban
Electric
Standard
Fencing
Chain Link, Wood
Foundation Details
Raised
Garage Spaces
1.00
Lot Features
Front Yard, Landscaped, Lawn, Level with Street, Lot 6500-9999, Near Public Transit, Park Nearby, Sprinkler System, Sprinklers Drip System, Sprinklers In Front, Sprinklers In Rear
Parking Features
Covered, Driveway, Concrete, Garage
Parking Spots
1.00
Pool Features
None
Roof
See Remarks
Security Features
Security Lights, Security System, Smoke Detector(s), Wired for Alarm System
Sewer
Public Sewer
Spa Features
None
Stories Total
1
View
Trees/ Woods
Water Source
Public

Financial

Association Fee
0.00
Utilities
Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Map

Community

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