$725,000 Price Analysis 5491 Magnolia AveRiverside, CA 92506 4 bed 3 bath 1,787 SqFt ($405/SqFt) 0.25 acre lot. Built 1949 Listed 2024-06-14, Taxes $5,353 | Ⓧ USDA Ineligible due to location near Riverside |
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 materals 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 big and brand-new ADU, fully permitted, offers additional income potential with a dependable tenant already in place. Great income opportunity!!!
Presented by Javad Abbaszadeh at
Realty ONE Group West.
Property MLS #OC24120679 from CRMLS
Year | Assessments Building + Land Total | Tax |
---|---|---|
2022 | $383,520 + $91,800 $475,320 | $5,353 |
2021 | $188,561 + $58,013 $246,574 | $2,834 |
2020 | $186,628 + $57,419 $244,047 | $2,735 |
2019 | $182,969 + $56,294 $239,263 | $2,682 |
2018 | $179,382 + $55,191 $234,573 | $2,629 |
2017 | $175,865 + $54,109 $229,974 | $2,582 |
2016 | $172,417 + $53,049 $225,466 | $2,417 |
2015 | $169,828 + $52,253 $222,081 | $2,381 |
2014 | $166,502 + $51,231 $217,733 | $2,357 |
2013 | $165,750 + $51,000 $216,750 | $2,345 |
2012 | $183,000 + $50,000 $233,000 | $2,583 |
2010 | $138,000 + $38,000 $176,000 | $2,098 |
2009 | $144,000 + $40,000 $184,000 | $2,046 |
2009 | $147,000 + $41,000 $188,000 | $2,046 |
2008 | $249,383 + $68,978 $318,361 | $3,458 |
2007 | $244,494 + $67,626 $312,120 | $3,370 |
The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.