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$645,000

5743 Magnolia Ave Riverside, CA 92506

3 beds
1 full
1,320 sqft
0.2 acres
$489 / sqft
House

Property details

About 5743 Magnolia Ave

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.

Highlights

Home typeSingle Family Residence
HeatingDuctless, Wall Furnace
StatusActive
CoolingDuctless, Evaporative Cooling, Other, Attic Fan
Size1,320 sqft
Lot size0.18 Acres
Year built1921
ParkingConcrete, Covered, Driveway, Garage
MLS #CV25117180
Garage1 space
FireplaceLiving Room
ViewTrees/Woods

Summary

  • Full Bathrooms: 1
  • Appliances: Stove, Gas Oven, Gas Range, Microwave, Refrigerator, Range Hood, Tankless Water Heater, Vented Exhaust Fan, Dryer, Washer
  • Flooring Type: Laminate, Tile
  • Interior: Eat-in Kitchen, Pantry, Quartz Counters, Recessed Lighting, All Bedrooms Down, Multiple Primary Suites
  • Fireplace: Living Room
  • Total Bedroom Count: 3
  • Garage Space: 1 space
  • Attached Garage: No
  • Private Pool: No
  • Parking: Concrete, Covered, Driveway, Garage
  • View: Trees/Woods
  • Architectural Style: Colonial, Spanish
  • Heating: Ductless, Wall Furnace
  • Cooling: Ductless, Evaporative Cooling, Other, Attic Fan
  • List Price: $645,000
  • Price/SqFt: $488
  • HOA Amount: $0
  • Annual Tax Amount: $4,921
  • Tax Year: 2024
  • Lot: Irrigation System, Front Yard, Sprinklers In Rear, Sprinklers In Front, Lawn, Landscaped, Near Public Transit, Sprinklers
  • Directions: North of Jurupa Ave
  • Year Built: 1921
  • Stories: 1
  • Living Area: 1,320 SqFt
  • Lot Size: 0.18 Acres
  • MLS Number: CV25117180
  • MLS Name: CRMLS
  • Office Name: PREMIER REALTY & ESTATES
  • Office Phone: (626) 589-1783
  • Listing Agent: Angel Pineda

IDX Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) 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. Any information relating to a property referenced on this web site comes from CRMLS. Properties may or may not be listed by the office/agent presenting the information. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the names of the listing brokers and listing agents. MLS search engine provided by IHR Technology Services. This data is updated every 2 hours. Some properties appearing for sale on this display may subsequently have sold and may no longer be available.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/9/2025, 6:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

DateEventPrice
Aug 24, 2022
Home Sold
$435,000
Nov 26, 1996
Home Sold
$84,000
Sep 01, 1990
Home Sold
$51,500

Tax history

YearAssessmentProperty Tax
2024$443,700$4,921
2023$435,000$4,900
2022$128,885$1,422
2021$126,359$1,415
2020$125,065$1,404
2018$120,211$1,350
2017$117,855$1,242

History based on county public records data.

Nearby schools

6

Magnolia Elementary School

Public District KG-6

0.1 mi

3975 Maplewood Pl

6

Pachappa Elementary School

Public District KG-6

0.5 mi

6200 Riverside Ave

5

Victoria Elementary School

Public District KG-6

1.5 mi

2910 Arlington Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $67,831. Most Riverside, CA residents have annual incomes between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.

How much money do the neighbors make?

5%
<35k
56%
35k-100k
34%
100k-200k
5%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

49%
Single, No Kids
11%
Single, with Kids
25%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
5%
12-17 yrs old
22%
18-34 yrs old
49%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Men's TennisMen's Tennis
  • TennisTennis
  • Live TheatreLive Theatre

Where do the neighbors shop?

  • Nordstrom RackNordstrom Rack
  • Crate & BarrelCrate & Barrel
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • The Cheesecake FactoryThe Cheesecake Factory
  • StarbucksStarbucks
  • Boston MarketBoston Market

What do the neighbors drive?

  • VolvoVolvo
  • BMWBMW
  • MercedesMercedes

What do the neighbors listen to?

  • NewsNews
  • AlternativeAlternative
  • Talk/PersonalityTalk/Personality
All data provided by Home Junction and Claritas

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Frequently asked questions

About 5743 Magnolia Ave

The listing price of 5743 Magnolia Ave property is $645,000.

The property 5743 Magnolia Ave is a house located in Riverside, California, 92506.

Active Listing: 5743 Magnolia Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 5743 Magnolia Ave are: Magnolia Elementary School (GreatSchools Rating 6/10), Pachappa Elementary School (GreatSchools Rating 6/10), Victoria Elementary School (GreatSchools Rating 5/10), Central Middle School of Arts and Innovation (GreatSchools Rating 4/10), Sierra Middle School (GreatSchools Rating 5/10), Matthew Gage Middle School (GreatSchools Rating 5/10), Gateway College and Career Academy (GreatSchools Rating 3/10), Come Back Kids (GreatSchools Rating 2/10), Riverside County Community (GreatSchools Rating 2/10).

According to the records, the last property tax for 2024 is $4,921 (source: MLS/based on county public records data).

The last sale was on August 24, 2022 for $435,000 (source: MLS/tax record).

The property at 5743 Magnolia Ave has 3 bedrooms and 1 bathroom.

The property 5743 Magnolia Ave is 1,320 SqFt (source: MLS/tax record).

The year of construction for 5743 Magnolia Ave is 1921.

This home is located at 5743 Magnolia Ave in Riverside, CA and zip code 92506 in the Wood Streets neighborhood. This 1,320 square foot home, which was built in 1921, sits on a 0.18 acre lot. Features: 3 bedrooms, 1 bathroom. It has been listed on Rocket Homes since July 8, 2025 and is currently priced at $645,000.

Over 61 listings were sold over their listed price in June 2025 in Riverside, CA. In the same period over 74 listings were sold below the listed price and 51 listings were sold for the listed price. The number of homes for sale in Riverside, CA decreased by 0.9% between May and June 2025. While the average time on the market in June 2025 was 38 days, the median list price was $663,717.

From Rocket Homes Real Estate and based on county public records data.

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