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4909 El Molino Avenue, Riverside, California 92504, Riverside, 92504 - 4 bed, 3 bath

4909 El Molino Avenue, Riverside, California 92504 home-pic-0
ACTIVE$785,000$2,154/sqft
Est. Value: $747,289
-4%
AboveEstimate
4909 El Molino Avenue, Riverside, California 92504
4Beds
3Baths
2,154Sqft
8,712Lot

Price Vs. Estimate

The estimated value ($747,289.33) is $37,710.67 (4%) lower than the list price ($785,000). This property may be overpriced.

Key pros and cons

Top Pros:
High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 2154.
Top Cons:
Lack of Central Air Conditioning: The property description mentions a wood-burning fireplace but does not indicate the presence of a central cooling system, which could be a drawback during warmer months in Riverside.

Compared to the nearby listings

Price:$785.0K vs avg $620.0K (+$165,000)74%
Size:2,154 sqft vs avg 1,550.5 sqft74%
Price/sqft:$364 vs avg $41328%

More Insights

Built in 1947 (79 years old).
Condition: This 1947-built property has undergone extensive and recent renovations, including a newer roof, fresh stucco, brand-new interior paint, new 200-amp electrical panel, and all-new water/sewer lines and water heater. The main kitchen features granite countertops, stainless steel appliances, and hardwood floors, all in excellent condition, though the cabinet style and granite pattern suggest a renovation closer to 5-15 years ago rather than brand new. The primary bathroom is updated with modern vessel sinks and fixtures. The separate mini-apartment also boasts a modern kitchen and bathroom. While the property is move-in ready with high-quality updates throughout, the listed 'Lack of Central Air Conditioning' in the main house (despite a mini-split in the ADU) prevents an 'Excellent' rating, as a truly 'virtually new' property meeting current quality standards would typically include comprehensive modern cooling.
Year Built
1947
Close
-
List price
$785K
Original List price
$785K
Price/Sqft
$364
HOA
-
Days on market
-
Sold On
-
MLS number
JT26002692
Home ConditionGood
Features
Deck
Patio
ViewNeighborhood

About this home

Welcome to 4909 El Molino Avenue, an inviting and versatile Riverside gem nestled in the desirable Magnolia Center neighborhood. This beautifully updated single-story residence offers 2,154 sq ft of living space on a manicured and level 8,712 sq ft lot. The home features a dual-living configuration with 3 bedrooms and 2 full baths in the main house, plus a separate attached 1-bed, 1-bath mini-apartment with its own entrance and laundry area—perfect for rental income, guest quarters, or a private office/studio. Modern upgrades include a gourmet kitchen with granite countertops, stainless steel sink, built-in cooktop, breakfast bar, and cozy nook, along with recessed lighting, hardwood floors, dual-pane windows, and a family room featuring a warm wood-burning fireplace and backyard access. A large amount of natural light fills the home, creating a bright and welcoming atmosphere throughout. The private primary suite is situated at the rear and boasts a walk-in closet and dual-sink vanity, while the front-facing secondary bedrooms share a well-appointed hallway bath. The outdoor space includes a natural gas built-in BBQ island and a circular driveway—ideal for entertaining and accommodating multiple vehicles. The original garage has been thoughtfully converted into a stylish and functional bonus space—perfect as a game room, man cave, media lounge, or creative studio. Additional upgrades include a newer roof, fresh stucco exterior, brand-new interior paint, a new 200-amp electrical panel, and all-new water and sewer lines, new water heater. Located on a tree-lined, family-friendly street, this home offers convenient access to local schools, parks, shopping, and major freeways. Combining classic charm with contemporary living, income potential, and thoughtful design, 4909 El Molino Avenue is a move-in-ready, turn-key property ideal for multigenerational living, creative professionals, or anyone seeking comfort, flexibility, and value in one of Riverside’s most sought-after neighborhoods.

J
John Man
Listing Agent

Nearby schools

4/10
Mountain View Elementary School
Public,•PK-6•1.0mi
6/10
Pachappa Elementary School
Public,•PK-6•1.4mi
4/10
Washington Elementary School
Public,•K-6•1.8mi
5/10
Alcott Elementary School
Public,•K-6•2.6mi
4/10
Sierra Middle School
Public,•7-8•0.4mi
4/10
Matthew Gage Middle School
Public,•7-8•1.8mi
3/10
Chemawa Middle School
Public,•7-8•2.0mi
2/10
Central Middle School
Public,•7-8•2.2mi
5/10
Ramona High School
Public,•9-12•0.6mi
7/10
Polytechnic High School
Public,•9-12•2.3mi
5/10
Arlington High School
Public,•9-12•2.6mi

Price History

Date
Event
Price
01/31/23
Sold
$639,000
03/01/21
Sold
$560,000
09/16/08
Sold
$274,000
09/28/05
Sold
$485,000
Condition Rating
Good
This 1947-built property has undergone extensive and recent renovations, including a newer roof, fresh stucco, brand-new interior paint, new 200-amp electrical panel, and all-new water/sewer lines and water heater. The main kitchen features granite countertops, stainless steel appliances, and hardwood floors, all in excellent condition, though the cabinet style and granite pattern suggest a renovation closer to 5-15 years ago rather than brand new. The primary bathroom is updated with modern vessel sinks and fixtures. The separate mini-apartment also boasts a modern kitchen and bathroom. While the property is move-in ready with high-quality updates throughout, the listed 'Lack of Central Air Conditioning' in the main house (despite a mini-split in the ADU) prevents an 'Excellent' rating, as a truly 'virtually new' property meeting current quality standards would typically include comprehensive modern cooling.
Pros & Cons

Pros

High Available Lot Utilization: The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 8712, living area = 2154.
Versatile Dual-Living Configuration: The property features a separate attached 1-bed, 1-bath mini-apartment with its own entrance and laundry, ideal for rental income, guest quarters, or a private office/studio.
Extensive Modern Upgrades: Significant recent updates include a gourmet kitchen, recessed lighting, hardwood floors, dual-pane windows, a newer roof, fresh stucco, new interior paint, a new 200-amp electrical panel, and all-new water/sewer lines and water heater, making it turn-key.
Functional Bonus Space: The original garage has been thoughtfully converted into a stylish and functional bonus space, perfect for a game room, media lounge, or creative studio.
Desirable Neighborhood & Accessibility: Located in the sought-after Magnolia Center neighborhood on a tree-lined street, offering convenient access to local schools, parks, shopping, and major freeways.
Outdoor Entertainment & Parking: The outdoor space includes a natural gas built-in BBQ island and a circular driveway, providing excellent amenities for entertaining and accommodating multiple vehicles.

Cons

Lack of Central Air Conditioning: The property description mentions a wood-burning fireplace but does not indicate the presence of a central cooling system, which could be a drawback during warmer months in Riverside.
Converted Garage: While the converted garage offers valuable bonus space, it eliminates traditional enclosed garage parking and storage, which some buyers may prefer or require.
Age of Property: Built in 1947, despite extensive modern updates, the underlying structure is older, which could potentially lead to concerns about long-term maintenance or unforeseen issues not covered by recent renovations.
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