
Riverside, California 92504
This Charming Mid-Century Ranch is a stable acquisition in the prestigious Magnolia Center neighborhood, listed at $750,000—positioned well below the $752,969 Fair Market Value by 0.4%. This valuation gap provides $2,969 in Instant Equity. Boasting a Condition Rating of 4, the residence features a sparkling pool, private patio, and a versatile detached art studio on an expansive 12,197 sqft lot. Located within the Riverside Unified district, it offers a rare blend of vintage character and functional outdoor space. This is an ideal opportunity for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 3749 San Rafael Subject | $750,000* List Price | 4 | 3 | 2,258 | $333 | - |
A 7311 Westwood Drive Sold | $655,000 | 3 | 2 | 1,696 | $386 | 0.3 mi |
B 3694 Gay Way Sold | $638,000 | 4 | 3 | 1,767 | $361 | 0.9 mi |
C 6844 Palomar Way Sold | $600,000 | 4 | 2 | 1,873 | $320 | 0.6 mi |
D 6735 Belinda Drive Sold | $650,000 | 3 | 2 | 1,618 | $402 | 0.6 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1954, this home is exceptionally well-maintained but retains many of its original mid-century features. While it has received cosmetic updates such as newer laminate flooring, fresh paint, and a stainless steel dishwasher, the kitchen and bathrooms are dated with 1950s-style cabinetry and vintage tile countertops. The property is move-in ready and functional, but it does not meet the criteria for 'Good' due to the lack of a recent extensive renovation of major systems and rooms.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 12197, living area = 2258.
The detached garage has been converted into a professional art studio, providing a valuable and flexible space for a home office, creative workshop, or private retreat.
Set on over a quarter-acre, the property features a private backyard with a sparkling pool, mature citrus trees, and tranquil fountains, offering a rare park-like environment for entertaining.
Built in 1954, the property may require updates to its original mechanical, electrical, or plumbing systems to meet modern efficiency and safety standards.
While the high school is well-regarded, several of the assigned elementary and middle schools have lower performance ratings, which may be a concern for education-focused buyers.
Located in the highly desirable Magnolia Center neighborhood, this charming 4-bedroom, 3-bathroom home offers timeless character, generous space, and a truly special setting on over a quarter-acre lot. Built in 1954, the home blends classic appeal with a warm, inviting layout designed for both everyday living and entertaining. Spacious living areas flow effortlessly, creating a comfortable environment filled with natural light and charm throughout. Step outside to your own private backyard retreat, where mature citrus trees, lush landscaping, and two tranquil fountains create a peaceful, park-like atmosphere. The sparkling pool serves as the centerpiece of the outdoor space—perfect for relaxing or hosting gatherings year-round. Adding versatility to the property, the detached garage has been thoughtfully converted into an art studio, ideal for creative pursuits, a home office, or a private flex space. With its expansive lot, unique features, and prime location in one of Riverside’s most sought-after neighborhoods, this property offers a rare opportunity to enjoy space, character, and lifestyle all in one exceptional home.
No exterior & parking available.
Grades PK-6 • 1.4 mi
Grades K-6 • 1.4 mi
Grades PK-6 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 3.0 | 55% |
| Baths | 3.0 | 2.0 | 73% |
| Square foot | 2,258 | 1,522 | 77% |
| Lot Size | 12,197 | 8,276 | 69% |
| Price | $750.0K | $620.0K | 75% |
| Price per sq ft | $332 | $412 | 17% |
| Built year | 1954 | 1960 | 32% |
| HOA | $0 | $0 | 50% |
| Days on market | 12 | 201 | 1% |
Apr 10, 2026
$750,000
Initial Listing
Jul 19, 2002
$225,000
Public Record