See Home Value
Listed by: MICHELLE GOULD, COLDWELL BANKER REALTY
$875,000
● House - Off Market

6248 Riverside Avenue

Riverside, CA 92506
bedrooms
5 Beds
bathrooms
4 Baths
square feet
2,439 Ft²
$4,296
Est. Monthly

About This Property

Three dwellings on a lot in the Magnolia Center neighborhood! The spacious main home has 3 bedrooms and 2 full bathrooms, and attached to the rear of the house with a private entrance is an independent 4th room that may be used as a mother-in-law suite with a kitchen and bathroom. Additionally, there is a detached permitted studio fully equipped with an individual bathroom, kitchen and living space. Upon entering the main house, you are welcomed into an updated mid-century home, a comfortable retreat flowing easily between the living area, dining room and updated kitchen illuminated by an abundance of natural light. Enjoy the ample cabinetry and quartz counters. You will appreciate the dual pane windows throughout, the wood-like tile floors, and ceiling fans in all bedrooms. Reap the benefits of a move-in ready ADU with its own address providing an excellent rental income opportunity, as well as the secondary studio attached to the house. All dwellings are single-level and include their own indoor laundry and backyard spaces. Lower taxes and no HOA! The property is well located across the street from the popular Riverside Plaza, near many amenities, schools, and the 91 freeway. This unique configuration of three residences presents an intriguing possibility for those interested in multi-unit living or investment opportunities. Don't wait! Make your appointment today!
Unit Size
2,439 Ft²
Days on Market
53 days
Land Size
0.21 acres
Price per sqft
$359
Property Type
House
Property Taxes
-
HOA Dues
-
Year Built
1953

Payment Calculator

Cap Rate Calculator

Last updated: 2 years ago (CRMLS #IV24220915)

Price History

Date / Event Date Event Price
Dec 17, 2024 Sold
Sold
Nov 22, 2024 In contract -
In contract
Oct 25, 2024 Listed by COLDWELL BANKER REALTY $874,900
Listed by COLDWELL BANKER REALTY
Mar 28, 2021 No longer available -
No longer available
Mar 7, 2021 Listed $543,000
Listed
GREAT LOCATION and PRICE!!! 4 bedroom, 3 bathroom property has been totally rehabbed. All new custom paint, crown molding, tile and yes decorative columns too. Open space living room with fire place and great room as you walk in. Gourmet kitchen with plenty of beautiful white cabinets, granite countertops, indoor laundry room and a mother in-law's quarters/studio with its own kitchenette, large restroom, walk-in closet and even its own little private backyard / dog run. Right across the street from Riverside Plaza with many stores. Around the corner from 91 fwy and close proximity to local schools. A MUST SEE!!! The manager has listed the unit size as 2088 square feet.

Property Highlights

Air Conditioning
Fireplace

Building Info

Overview

    General

  • Year Built: 1953
  • Effective Year Built: 1953
  • Building Count: 1
  • Bedroom Count: 4
  • Bathroom Count: 3
  • Full Bathrooms: 1
  • Partial Bathrooms: 3
  • Building Condition: 0
  • Building Quality: 7
  • Construction Type: 17
  • Building Style: 0
  • Exterior Walls Type: 0
  • Interior Walls Type: 0
  • Roof Shape Type: 0
  • Roof Cover Type: 7
  • Floor Count: 100
  • Living Units: 1
  • Floor Cover: 0
  • Basement Type: 0
  • Basement Area: 0
  • Garage Type: 4
  • Garage Square Area: 360
  • Parking Space Count: 1
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 9,148
  • Total Building Area: 2,144
  • Gross Building Area: 2,144
  • Building Area: 2,088
  • Building Area Measurement: L

    Heating and Cooling

  • Fireplace Count: 1
  • Air Conditioning: 1
  • Heating: 3
  • Heated Square Feet: 2,088
  • Heating Fuel Type: 3

    Utilities

  • Sewer System: 5
  • Water Service: 6

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: SUN GOLD TERRACE UNIT 6
  • Land Acres: 0000000210
  • Standard Land Use Code: 1001
  • County Land Use Code: 20
  • State Land Use Code: R01
  • Legal Description 1: LOT 331 MB 025/067 SUN GOLD TERRACE UNIT 6

Neighborhood

  • School District Name: Riverside Unified School District
  • Census Tract: 031100

Zoning

  • Zoning: R1065

Geography

  • Parcel: 225-171-003
  • Lot: 331
  • Municipality: RIVERSIDE
  • Latitude: 33.9551
  • Longitude: -117.388

    Address

  • Full Address: 6248 Riverside Ave
  • Address - House Number: 6248
  • Address - Street Name: Riverside
  • Address - Suffix Type: Ave
  • State: CA
  • City Name: Riverside
  • Carrier Code: C018
  • 4-Digit Zip Code: 2119
  • Zip Code: 92506

Valuation

    Tax

  • Total Area: 2,088
  • Tax Year: 2023
  • Tax Amount: $692,404
  • Tax Rate Code Area: 009-128

    Appraisal Valuation

  • Standard Deviation: 0.1974
  • Valuation Date: Jan 31, 2024
  • Confidence Score: 73
  • Final Value: 597,894
  • High Value: 715,954
  • Low Value: 479,834

    Market Valuation

  • Market Total Value: $526,230

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $617,100
  • Assessed Land Value: $91,800
  • Assessed Improvements Value: $525,300

    Sales

  • Current Sale Contract Date: Feb 16, 2022
  • Current Sale Recording Date: Apr 22, 2022
  • Current Sale Price:
  • Current Sale Document Type: 36
  • Current Sale Input Document Number: 192041
  • Previous Sale Recording Date: Aug 10, 2016
  • Previous Sale Contract Date: Jun 17, 2016
  • Previous Sale Amount: $325,000
  • Previous Sale Document Type: 36
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Magnolia Center


Similar Homes for Sale

Currently no similar homes around

Nearby Rentals

Unit for rent at 5056 Woodman Avenue, RIVERSIDE, CA, 92506

$4,000 /mo

  • 3 Beds
  • 2 Baths
  • 2,079 ft²
5056 Woodman Avenue, RIVERSIDE, CA, 92506 Listing by JEANNETTE NAVARRO


Frequently Asked Questions

When was property at 6248 Riverside Avenue built and last sold?
The property at 6248 Riverside Avenue was built in 1953 and last sold on Feb 16, 2022 for $303,072.
How much is this home worth?
The estimated value of the home located at 6248 Riverside Avenue is $883,649.
What are some comparable homes to 6248 Riverside Avenue?
There are currently no comparable homes to 6248 Riverside Avenue.