
Riverside, California 92506
This Single Family Residence presents a Strong Value Opportunity, listed at $615,000—positioned well above the $576,453 Fair Market Value by -6%. While priced at a premium, the property features a Condition Rating of 3, boasting modern laminate flooring, recessed lighting, and an updated kitchen. Located in the highly desirable Magnolia Center, this home offers a private spa and an oversized lot. This is an ideal acquisition for Owner-Occupants seeking a move-in ready lifestyle or first-time buyers prioritizing location over immediate equity.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 4158 Gardena Drive Subject | $605,000* List Price | 2 | 1 | 1,014 | $565 | - |
A 4640 Cover Sold | $560,000 | 2 | 1 | 956 | $586 | 0.4 mi |
B 4143 Edgewood Place Sold | $580,000 | 2 | 1 | 1,083 | $536 | 0.5 mi |
C 4653 Beatty Sold | $615,000 | 2 | 1 | 1,288 | $477 | 0.4 mi |
D 3595 Timothy Way Sold | $580,000 | 3 | 1 | 1,134 | $511 | 0.6 mi |
E 4538 Merrill Sold | $605,000 | 3 | 1 | 1,158 | $522 | 0.3 mi |
F 4390 Edgewood Sold | $580,000 | 2 | 2 | 960 | $604 | 0.6 mi |
G 5615 Brockton Sold | $540,000 | 2 | 1 | 961 | $562 | 0.6 mi |
H 6714 Palm Active | $549,900 List Price | 2 | 1 | 965 | $570 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is move-in ready.
Although built in 1950, the property has undergone significant renovations likely within the last 5-15 years. The kitchen is updated with white shaker cabinets, stone countertops, and stainless steel appliances. The interior features modern laminate flooring, recessed lighting, and a functional, updated bathroom, making it move-in ready.
Situated in the highly desirable Magnolia Center, this property offers an unbeatable location in one of Riverside’s most sought-after and established neighborhoods.
The oversized backyard features a private spa and significant space for gardening or entertaining, providing rare outdoor versatility and lifestyle value.
This 1950s gem boasts charming curb appeal and a light-filled interior that preserves its original character while offering a warm and welcoming atmosphere.
With only two bedrooms and a single bathroom, the home's configuration may be restrictive for growing families or those requiring a dedicated home office.
The description notes 'plenty of potential' in the kitchen, suggesting that the property may require additional capital investment for contemporary upgrades and renovations.
Welcome home to this charming 2-bedroom, 1-bath gem nestled in the heart of highly desirable Magnolia Center! Located in one of Riverside’s most beloved neighborhoods, this home is full of character and offers the perfect blend of comfort and opportunity. Step inside to a spacious living area filled with natural light, a functional kitchen with plenty of potential, and two inviting bedrooms that make you feel right at home. Outside, you’ll find an oversized backyard with endless possibilities whether you dream of entertaining, gardening, or simply relaxing under the stars. To top it all off, enjoy your own private spa, perfect for unwinding after a long day. Homes in this neighborhood are incredibly sought after, and it’s easy to see why. With its unbeatable location, charming curb appeal, and spacious lot, this is an opportunity you won’t want to miss. This Magnolia Center beauty won’t last long!
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 1.0 | 2.3 |
| Square foot | 1,014 | 1,867.892 |
| Lot Size | 6,534 | 8,787.773 |
| Price | $605.0K | $692.3K |
| Price per sq ft | $597 | $386 |
| Built year | 1950 | 1980 |
| HOA | $0 | $151 |
| Days on market | 35 | 55 |
Aug 25, 2026
$605,000
$615,000
-2% Price Drop
Initial Listing
Aug 5, 2026
$615,000
Initial Listing
Jan 8, 2024
$560,000
Public Record
May 9, 2017
$335,000
Public Record