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5743 Magnolia Avenue Riverside, CA 92506
$645,000 3 beds, 1 baths
1, 320 sqft
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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.

Listing Details

Property type: Single Family Residence (Single Family)
Status: Active
MLS# CV25117180
List price is $645,000
HOA Fee is $0.00
Beds: 3
Baths: 1 (1 full)
Living Room fireplaces
Built in 1921
1,320 sqft
1 story
0.18 acres
Lot size: 0.1800
County: Riverside
Property style: Colonial,Spanish
Zoning: R1065
Construction: Drywall,Stucco
Interior features: Eat-in Kitchen,Pantry,Quartz Counters,Recessed Lighting,All Bedrooms Down,Multiple Primary Suites
Appliances: SixBurnerStove,Gas Oven,Gas Range,Microwave,Refrigerator,Range Hood,Tankless Water Heater,Vented Exhaust Fan,Dryer,Washer
Parking description: Concrete,Covered,Driveway,Garage
Lot description: Drip Irrigation/Bubblers,Front Yard,Sprinklers In Rear,Sprinklers In Front,Lawn,Landscaped,Near Park,Near Public Transit,Sprinkler System,Street Level
Heating/cooling: Ductless,Evaporative Cooling,See Remarks,Attic Fan
Heating description: Ductless,Wall Furnace
MLS area: 252 - Riverside

Last Updated: 7/14/2025

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This listing belongs to the 252 - Riverside MLS area

The style of this listing is Colonial,Spanish.
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Lat/Long: 33.963172, -117.390733.
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Listing Agent: Angel Pineda
Lic#: 01276603
Office Name: Tustin

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Total population of , which has changed by % since 1990.
The median age of the population is , while the median age of dwellings is .
Out of households, are families.

Community Characteristics:

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Population by Gender

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Lic#: 01276603

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Tustin Office
18302 Irvine Blvd, Suite 240
Tustin, CA 92780
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© 2025 Berkshire Hathaway HomeServices California Properties (BHHSCP) is a member of the franchise system of BHH Affiliates LLC. BHHS and the BHHS symbol are registered service marks of Columbia Insurance Company, a Berkshire Hathaway affiliate. BHH Affiliates LLC and BHHSCP do not guarantee accuracy of all data including measurements, conditions, and features of property. Information is obtained from various sources and will not be verified by broker or MLS. Buyer is advised to independently verify the accuracy of that information.
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