7515 Magnolia Ave
Riverside, CA 92504
Sold
Introducing a rare gem in the coveted Ramona neighborhood, available for the first time in 38 years! This 2 bed, 1 bath starter home has incredible potential and is perfect as an income-producing investment property or for first time home buyers- ready to make it their own with some cosmetic updates. Nestled on a generous 7,840 square foot lot, the property boasts a spacious front yard & an expansive backyard complete with mature shade trees, citrus fruit trees & a large covered patio. The fully fenced backyard is perfect for outdoor entertaining & future landscaping projects. The property features a detached two-car garage great for storage or as a potential ADU. Located in the much sought after beautiful, tree lined area of Magnolia Center this home is close to everything! This prime area is a short walking distance to all three schools, and near Cal Baptist University, Riverside Plaza & Downtown Riverside. Incredible access to local amenities including shopping, restaurants, movie theater, public transportation & more! Don’t miss out on this unique opportunity!
PROPERTY INFORMATION
MLS # | 240013613SD | Lot Size | 7,840 Sq. Ft. |
HOA Fees | $0/Monthly | Property Type | Single Family Residence |
Price | $ 449,900
Price Per SqFt: $ 456 |
DOM | 320 Days |
Address | 7515 Magnolia Ave | Type | Residential |
City | Riverside | Sq.Ft. | 987 Sq. Ft. |
Postal Code | 92504 | Garage | 2 |
County | Riverside | Year Built | 1951 |
Bed / Bath | 2 / 1 | Parking | 5 |
Built In | 1951 | Status | Closed |
Sold Date | 2024-08-01 |
INTERIOR FEATURES
Has Laundry | Yes |
Laundry Information | Gas & Electric Dryer Hookup, Washer Hookup, In Garage |
Has Fireplace | No |
Has Appliances | Yes |
Kitchen Appliances | Gas Oven, Gas Cooktop |
Kitchen Area | Area |
Has Heating | Yes |
Heating Information | Electric |
Room Information | Kitchen, Living Room |
Has Cooling | Yes |
Cooling Information | Wall/Window Unit(s), Electric |
Has Spa | No |
EXTERIOR FEATURES
Roof | Composition, Asphalt, Shingle |
Has Pool | No |
Pool | None |
Has Patio | Yes |
Patio | Patio Open |
Has Fence | Yes |
Fencing | Brick, Wood |
WALKSCORE
MAP
MORTGAGE CALCULATOR
- Principal & Interest:
- Property Tax: $480
- Home Insurance:$119
- HOA Fees:$0
- Mortgage Insurance:
PRICE HISTORY
Date | Event | Price |
06/13/2024 | Listed | $449,900 |

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Listing provided courtesy of Nicole Martinez, Keller Williams Realty. Based on information from California Regional Multiple Listing Service, Inc. as of #Date#. 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, 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.