7515 Magnolia Ave

Riverside, CA 92504

$485,000
Last Sold Price
2
Beds
987 Sq. Ft.
$491 / Sq. Ft.
987
Sq. Ft.
$491
per Sq. Ft.
Sold 8/1/24
Sold 8/1/24
a front view of a house with a yard and garage
a view of house with yard
a view of a house with a backyard
a view of house with yard
a front view of a house with garden
an aerial view of multiple houses with yard
a view of a chairs and tables in patio
a view of a hallway with a window
a view of a livingroom with a ceiling fan and window
an empty room with chandelier fan and windows
a view of an empty room with a ceiling fan
a view of a livingroom with a staircase
a kitchen with granite countertop a sink and a stove
a large white kitchen with a sink and refrigerator
a kitchen with a stove sink and cabinets
a kitchen with stainless steel appliances granite countertop a stove and a sink
a kitchen with a sink and cabinets
a view of a hallway with wooden floor
a bathroom with a granite countertop sink a vanity and a mirror
a bathroom with a tub sink and shower
a view of an empty room with a window
an empty room with chandelier fan and windows
a view of an empty room with a window
a view of a big room with wooden floor and a chandelier fan
a view of a big room with carpet
an empty room with a window and a ceiling fan
a view of a porch with seating space
a front view of a house with a yard
a house view with a backyard space
a view of a house with backyard and sitting area
an aerial view of a houses and city view
an aerial view of a city
an aerial view of a houses with yard
a view of a city
an aerial view of house with yard
a front view of a house

Description

Introducing a rare gem in the coveted Ramona neighborhood, available for the first time in 38 years! This 2 bed, 1 bath starter home has incredible potential and is perfect as an income-producing investment property or for first time home buyers- ready to make it their own with some cosmetic updates. Nestled on a generous 7,840 square foot lot, the property boasts a spacious front yard & an expansive backyard complete with mature shade trees, citrus fruit trees & a large covered patio.Introducing a rare gem in the coveted Ramona neighborhood, available for the first time in 38 years! This 2 bed, 1 bath starter home has incredible potential and is perfect as an income-producing investment property or for first time home buyers- ready to make it their own with some cosmetic updates. Nestled on a generous 7,840 square foot lot, the property boasts a spacious front yard & an expansive backyard complete with mature shade trees, citrus fruit trees & a large covered patio.

Property Details for 7515 Magnolia Avenue

Community
RAMONA
View
Neighborhood
Parking Garage
Garage - Rear Entry, Garage - Single Door, Garage Door Opener
Garage Spaces
2.0
Area Zip
RIV CTY-RIVERSIDE (92504)
Standard Status
Closed
LISTING UPDATED: 06/27/2025 01:58 AM

Property Details for 7515 Magnolia Avenue

StatusSold
MLS #240013613
Days on Market6
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeSingle Family
MLS TypeResidential / Single Family Residence
Year Built1951
Lot Size0.18 AC / 7,840 SF
CountyRiverside County

Location

Listing Courtesy of Keller Williams Realty, Nicole Martinez, DRE #02027019; Keller Williams Realty, Maria L Gaughan, DRE #02197862

Sold By eXp Realty of California Inc, Frank Martinez, DRE #01310381

Add your commute

Building Information for 7515 Magnolia Avenue

Stories1Year Built1951Building Size-Lot Size0.18 AC / 7,840 SF

Payment Calculator

$2,851 per month

30 year fixed, 6.28% Interest

Principal and Interest

$2,397

Property Taxes

$454

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 7515 Magnolia Avenue

Summary
Location and General Information
  • Coordinates: -117.410108, 33.941541
  • Latitude: 33.941541
  • Longitude: -117.410108
  • Directions: Off I-91 exit Madison Street. Turn Left onto Madison Street. Turn Left onto Magnolia Avenue. Home is on the Righthand side. Second home from the corner. Cross Street: Madison Street.
  • Water Source: Public
Taxes and HOA
  • Association Fee: $0
  • Other Fees: $0
  • CFD Mello Roos Fee: $0
  • Monthly Total Fees: $0
Parking
  • Parking Features: Garage - Rear Entry, Garage - Single Door, Garage Door Opener
  • Parking Total: 5.0
  • Parking Non-Garage Spaces: 3.0
Property
Lot Information
  • Building Area Total: 987.0
  • Building Area Units: Sqft
  • Living Area: 987
  • Living Area Units: Sqft
  • Lot Size Area: 0.18
  • Lot Size Square Feet: 7840.0
  • Lot Size Units: Acres
  • Lot Size:
Property and Assessments
  • Property Sub Type: Detached
  • Property Type: Residential
  • Age Restrictions: N/K
  • Prop Restrictions Known: None Known
  • Ownership: Right To Use
  • ADUYes No: No
  • Year Built Source: Assessor
  • Year Built: 1951
Utilities
  • Sewer: Public Sewer
  • Heat Source: Electric
Interior and Exterior Features
Exterior Features
  • Construction Materials: Wood/Stucco
  • Fencing: Brick Wall, Wood
  • Patio And Porch Features: Patio Open
  • Pool Features: N/K
  • Pool Heat: N/K
  • Roof: Composition, Asphalt, Shingle
Interior Features
  • Appliances: Gas Oven, Gas Stove
  • Bathrooms Full: 1
  • Bathrooms Half: 0
  • Stories Total: 1
  • Cooling: Wall/Window, Electric
  • Heating: Wall/Gravity
  • Laundry Features: Washer Hookup, Gas & Electric Dryer HU
  • Levels: 1 Story
  • Room Type: Kitchen, Living Room
  • Bedrooms Count: 2
  • Optional Bedrooms: 0
  • Baths Total: 1.0
Room
Room Information
  • Primary Bed Area: 11x10
  • Bed2Area: 14x10
  • Dining Room Area: 8x8
  • Family Room Area: 0
  • Kitchen Area: 14x12
  • Living Room Area: 17x13
Rental
Rent Information
  • Pets Allowed: Yes

Property History for 7515 Magnolia Avenue

DateEvent & SourcePriceAppreciation
Aug 1, 2024

Sold

SDMLS #240013613

$485,000—
Aug 1, 2024

Sold

CRMLS #240013613SD

$485,000—
Jul 31, 2024

Sold

CLAW #240013613SD

$485,000—
Jun 25, 2024

Sold (Public Record)

Public Record #1537720835

$485,000—
Jun 20, 2024

Pending

SDMLS #240013613

—
Jun 19, 2024

Pending

CRMLS #240013613SD

—
Jun 19, 2024

Pending

CLAW #240013613SD

—
Jun 14, 2024

Listed (Active)

CRMLS #240013613SD

$449,900—
Jun 14, 2024

Listed (Active)

SDMLS #240013613

$449,900—
Jun 13, 2024

Listed (Active)

CLAW #240013613SD

$449,900—
DateEvent & SourcePrice
08/01/2024

Sold

SDMLS #240013613

$485,000
08/01/2024

Sold

CRMLS #240013613SD

$485,000
07/31/2024

Sold

CLAW #240013613SD

$485,000
06/25/2024

Sold (Public Record)

Public Record #1537720835

$485,000
06/20/2024

Pending

SDMLS #240013613

—
06/19/2024

Pending

CRMLS #240013613SD

—
06/19/2024

Pending

CLAW #240013613SD

—
06/14/2024

Listed (Active)

CRMLS #240013613SD

$449,900
06/14/2024

Listed (Active)

SDMLS #240013613

$449,900
06/13/2024

Listed (Active)

CLAW #240013613SD

$449,900

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 7515 Magnolia Avenue

Taxable ValueLand$145,501Additions$339,499Total$485,000
Tax Record2025$5,448 ($454 / month)
Home Facts
Beds2Baths1Total Finished SqFt987 SqFtAbove Grade Finished SqFt987 SqFtStories1Lot Size7,840 SqFtStyleSingle Family ResidenceYear Built1951ZoningR106CountyRIVERSIDEAPN227-243-029Fireplace TypeHas Fireplace

Schools near 7515 Magnolia Avenue

This home is within Riverside Unified School District.
Rating
School
Type
Grades
Distance
Jefferson Elementary School
Public - K to 6
Sierra Middle School
Public - 7 to 8
Ramona High School
Public - 9 to 12
Opportunity Program School
Public - 7 to 12
Rating
School
Distance
Jefferson 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

Similar Sold Homes

Explore Nearby Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Keller Williams Realty, Nicole Martinez, DRE #02027019; Keller Williams Realty, Maria L Gaughan, DRE #02197862

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.