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Status: ACTIVE

7914 Magnolia Ave 
Riverside, CA 92504

5% Drop

$649,999

$619,999

------/mo*
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Explore the extraordinary potential of 7914 Magnolia Avenuea beautifully preserved 3-bed, 2-bath Craftsman home with a detached guest unit (ADU) on a sprawling 12,632 sq ft lot. This property may qualify for up to $200,000 in down payment assistance through over 38 verified programs (based on buyer eligibility). This timeless residence features 1912 architectural charmoriginal wood accents, vintage fixtures, and solid wood windowscomplemented by thoughtful modern upgrades like a remodeled kitchen, soaking tub, and central HVAC. The detached ADU offers a private bedroom, bath, kitchenette, and separate entranceperfect for multigenerational living, guest accommodations, or potential rental use (check with the City of Riverside for ADU rental guidelines). Shared utility setup. Outside, enjoy a serene, landscaped yard with mature trees, several patios for entertaining, and room for an urban garden or future pool. A gated driveway provides secure RV parking and access to a detached garage. BONUS: No HOA, Craftsman character, updated features, and a centrally located lot just minutes from the 91 Freeway. Don't miss this rare Craftsman estate with an accessory unit and land to grow. Floor plan attached. Showings by appointmentschedule your tour today!
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Bedrooms
3
Baths
2
House Size
1,744 sqft
Year Built
1912
Lot Size
0.29 ac

Location

Market Insights

In the last 30 days, homes for sale in 92504, Riverside, CA were on the market for a median of 27 days and 45% of homes sold above list price.

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Interior Information

appliances
Refrigerator
Gas Oven
Cooktop
cooling
Central Air
fireplace
Living Room
heating
Fireplace(s)
Forced Air

Exterior Information

patio and porch
Patio

Property Information

architectural style
Craftsman
Craftsman/bungalow
community
Curbs
other structures
Guest House
security features
Carbon Monoxide Detector(s)
sewer
Septic Tank
utilities
Electricity Available
Natural Gas Available
Electricity Connected
Natural Gas Connected
water source
Public
  • Listed By LIONEL NEWMAN THOMAS
  • Lionel@newmanthomas.com
  • (909) 450-6200
  • BLUE SKY REAL ESTATE CENTER
  • (909) 450-6200
  • amanda@bluesky-rec.com
  • MLS IV25136615

Monthly Payments Calculator

Estimated Monthly Cost

$3,983

30 year fixed·6.9% interest rate
Principal & Interest
$3,267
Property Taxes
$517
Home Insurance
$200
HOA Fees
$0
%

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*All calculations are estimates and provided for informational purposes only. Actual amounts may vary.
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