7490 Magnolia Avenue
Description
- Listed by: ALEXANDER GARCIA DRE #01072982 • MARCUS & MILLICHAP
Recent comparable sales
Median sold price
$600,000
Avg days on market
43
Sale-to-list ratio
95.6%
Riverside, CA
9 comparable properties found
$720,000
Sold 05/20/26
- 3
- Bedrooms
- 3
- Bathrooms
- 2,005
- Square Feet
- 0.14
- Acres
$580,000
Sold 03/10/26
- 3
- Bedrooms
- 1
- Bathrooms
- 984
- Square Feet
- 0.15
- Acres
$605,000
Sold 06/08/26
- 3
- Bedrooms
- 2
- Bathrooms
- 1,312
- Square Feet
- 0.16
- Acres
$725,000
Sold 07/28/26
- 3
- Bedrooms
- 2
- Bathrooms
- 1,750
- Square Feet
- 0.23
- Acres
$595,000
Sold 06/26/26
- 3
- Bedrooms
- 1
- Bathrooms
- 1,007
- Square Feet
- 0.15
- Acres
$500,000
Sold 04/09/26
- 3
- Bedrooms
- 2
- Bathrooms
- 1,242
- Square Feet
- 0.17
- Acres
Location
Sold By MARCUS & MILLICHAP, ALEXANDER GARCIA, DRE #01072982
Payment Calculator
$16,660 per month
30 year fixed, 6.55% Interest
$13,648
$3,012
$0
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1Property Information for 7490 Magnolia Avenue
- MLS Type: Residential Income
- County: Riverside County
- Parking Spaces Total: 72
- Private Pool: Yes
- Cooling Type: Wall/Window Unit(s)
- Total Units: 23.0
- Building Type: Attached
- Lot Size Source: Assessor
- Living Area: 19365
- Assessor Parcel Number: 230-121-001
- Property Attached YN: true
- Common Walls: 2+ Common Walls
- Building Area Total: 19365
- Pool: Yes
- Senior Community: No
- Parcel Number: 230121001
- Area: Not Defined (699)
- Directions: CrossStreet:
- Year Built: 1958
- Lot Size: 0.69 AC / 30,056 SF
- Gross Income: $20,435
- Gross Scheduled Income: $254,646
- Net Operating Income: $154,962
- Financing: Cash To New Loan
- Operating Expense: $99,684
- New Taxes Expense: $32,123
- Electric Expense: $4,849
- Insurance Expense: $5,750
- Professional Management Expense: $0
- Other Expense: $47,263
- Other Expense Description: Other
- Trash Expense: $2,425
- Water Sewer Expense: $2,425
- Tax Tract Number: 121
- Tax Lot: 230
- Community Features: Suburban
- Appliances: Electric Oven, Electric Range
- Equipment: Community
- Laundry: Yes
- Laundry Features: Community
- Cooling: Wall/Window Unit(s)
- Heating Type: Wall Furnace
- Heating: Wall Furnace
- Flooring Type: Wood
- Flooring: Wood
- Pool Features: Community
- Pool Description: Community
- Pool: Community/Common
- Lot Features: 31-35 Units/Acre
- Number Of Units: 23
- Water: Meter on Property
- Sewer: In Connected and Paid
- Utilities: Sewer Connected
- Water Source: Public
- Garage Spaces: 14
- Open Other Spaces Total: 29
- Parking Garage Spaces: 14
- Carport Spaces: 0
- Unit Type Units Total: 17
- Unit Type Beds Total: 1
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $790
- Unit Type Total Rent: $13,430
- Unit Type Pro Forma: 875
- Unit Type Area Units: Square Feet
- Unit Type Type: 1
- Unit Type Units Total: 6
- Unit Type Beds Total: 2
- Unit Type Baths Total: 1
- Unit Type Furnished: Unfurnished
- Unit Type Garage Spaces: 0
- Unit Type Actual Rent: $999
- Unit Type Total Rent: $5,994
- Unit Type Pro Forma: 1100
- Unit Type Area Units: Square Feet
- Unit Type Type: 2
- Unit Type Type: 3
- Unit Type Type: 4
- Rent Controlled: No
- Number Of Buildings: 1
- Number Of Separate Electric Meters: 23
- Number Of Separate Gas Meters: 23
- Number Of Separate Water Meters: 23
Property History for 7490 Magnolia Avenue
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Jan 20, 2016 | Sold CRMLS #CV15200335 | $2,685,000 | — |
| Jan 20, 2016 | Sold CRMLS #CV15200335 | $2,685,000 | — |
| Jan 20, 2016 | Sold SDMLS #CV15200335 | $2,685,000 | — |
| Jan 20, 2016 | Sold CLAW #CV15200335MR | $2,685,000 | — |
| Dec 15, 2015 | Sold (Public Record) Public Record #563896554 | $2,685,000 | +7.9% / yr |
| Dec 1, 2015 | Pending CLAW #CV15200335MR | — | |
| Dec 1, 2015 | Pending CRMLS #CV15200335 | — | |
| Dec 1, 2015 | Pending CRMLS #CV15200335 | — | |
| Oct 23, 2015 | Price Change CRMLS #CV15200335 | $2,750,000 | — |
| Sep 9, 2015 | Listed (Active) SDMLS #CV15200335 | $2,900,000 | — |
| Sep 9, 2015 | Price Change CRMLS #CV15200335 | $2,900,000 | — |
| Sep 9, 2015 | Listed (Active) CLAW #CV15200335MR | $2,900,000 | — |
| Sep 9, 2015 | Listed (Active) CRMLS #CV15200335 | $2,750,000 | — |
| Mar 23, 2001 | Sold (Public Record) Public Record #70931566 | $875,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 01/20/2016 | Sold CRMLS #CV15200335 | $2,685,000 |
| 01/20/2016 | Sold CRMLS #CV15200335 | $2,685,000 |
| 01/20/2016 | Sold SDMLS #CV15200335 | $2,685,000 |
| 01/20/2016 | Sold CLAW #CV15200335MR | $2,685,000 |
| 12/15/2015 | Sold (Public Record) Public Record #563896554 | $2,685,000 +7.9% / yr |
| 12/01/2015 | Pending CLAW #CV15200335MR | — |
| 12/01/2015 | Pending CRMLS #CV15200335 | — |
| 12/01/2015 | Pending CRMLS #CV15200335 | — |
| 10/23/2015 | Price Change CRMLS #CV15200335 | $2,750,000 |
| 09/09/2015 | Listed (Active) SDMLS #CV15200335 | $2,900,000 |
| 09/09/2015 | Price Change CRMLS #CV15200335 | $2,900,000 |
| 09/09/2015 | Listed (Active) CLAW #CV15200335MR | $2,900,000 |
| 09/09/2015 | Listed (Active) CRMLS #CV15200335 | $2,750,000 |
| 03/23/2001 | Sold (Public Record) Public Record #70931566 | $875,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 7490 Magnolia Avenue
Schools near 7490 Magnolia Avenue
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | K to 6 | |||
| Public - | 7 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | 7 to 12 |
Rating | School | Distance |
|---|---|---|
Madison Elementary School PublicK to 6 | ||
Sierra Middle School Public7 to 8 | ||
Ramona High School Public9 to 12 | ||
Opportunity Program School Public7 to 12 |
School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.
Similar Homes
New listings in 92504
$830,000
- 5
- Bedrooms
- 3
- Bathrooms
- 1,634
- Square Feet
- 0.72
- Acres
Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot (Sqft) |
|---|---|---|---|---|---|
This home: 7490 Magnolia Avenue, Riverside, CA 92504 | $2,685,000 | 3 | 23 | 19,365 | 30,056 |
$5,440,000 | – | – | – | 19,602 | |
– | – | – | 3,248 | 7,405 | |
– | – | – | 3,248 | 7,405 | |
$350,000 | 6 | – | 2,640 | 7,841 | |
$1,575,000 | 1 | 20 | – | – | |
– | – | – | 3,576 | 7,405 | |
– | 3 | 1.75 | 1,244 | 8,276 | |
$5,440,000 | – | – | – | 19,602 | |
$325,000 | 4 | 3 | 1,700 | – | |
– | – | – | 3,576 | 7,841 | |
– | 2 | 1 | 1,214 | 9,148 | |
$540,000 | 4 | 2 | 1,647 | 8,276 | |
$145,000 | – | 2 | 1,680 | 7,405 | |
$665,000 | 5 | 6 | 3,514 | – | |
$145,000 | – | 2 | 1,680 | 7,841 |
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Listing Courtesy of MARCUS & MILLICHAP, ALEXANDER GARCIA, DRE #01072982
Based on information from one of the following Multiple Listing Services: CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS. Information being provided is for the visitor’s personal, noncommercial use and may not be used for any purpose other than to identify prospective properties visitor may be interested in purchasing. The data contained herein is copyrighted by CRMLS, CLAW, I-Tech, ROWMLS, GPSMLS, SDMLS, VCRDS/PFAR, Idyllwild Association of Realtors, Ojai Valley Board of REALTORS and/or AVMLS is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. For the avoidance of doubt, the accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.