5742 Magnolia
Riverside, CA 92506
Listing broker / agent: Alta Realty Group · Liane Thomas · 951-454-3805 · CRMLS
MLS # IG26112417 · Last checked Oct 20, 2026 18:38 UTC
About this property
Huge price reduction on this newer home for sale in the Wood Streets, and seller offering up to $10,000 towards buyers closing costs! Located at 5742 Magnolia Avenue in Riverside, this beautifully crafted single-story residence blends modern construction with timeless neighborhood charm. Built in 2007 and thoughtfully designed with quality finishes throughout, this 3 bedroom, 2.5 bath home offers approximately 1,710 square feet of comfortable living space on a spacious lot. Step inside to discover an open-concept layout featuring granite countertops, recessed lighting, a breakfast bar, and a spacious family room with a cozy gas and wood-burning fireplace. The private primary suite includes a walk-in closet, dual vanities, soaking tub, and separate shower, while the secondary bedrooms share a convenient Jack-and-Jill bathroom. Outside, enjoy a private back yard with mature fruit trees (Avocado, Lemon, Pomegranate). Designed with comfort and efficiency in mind, the home features sound-insulated front windows, double-insulated 2 x 4 construction, drywalled bull nose corners, central HVAC, a tankless water heater, indoor laundry room, and fire sprinklers throughout. Recently painted inside and out, other upgrades include new carpet, ceiling fans, and new roll up garage door with opener. Off street parking is provided in the driveway behind the house, and you could easily add a privacy gate. Utilize the space above the detached two-car garage to build an ADU to generate extra income. Located in one of Riverside’s most desirable historic neighborhoods, this property offers close proximity to shopping, dining, and entertainment at Riverside Plaza. Also close to hiking at Mt Rubidoux, The Mission Inn, local parks, award winning medical providers, and top-rated schools. This is your opportunity to own a newer-built home in an established neighborhood filled with classic Riverside appeal.
Property details
- MLS number
- IG26112417
- Status
- Pending
- Type
- Residential
- Subtype
- Single Family Residence
- Beds / baths
- 3 Beds • 3 Baths
- Living area
- 1,710 Sq Ft
- Lot size
- 0.18 acres
- County
- Riverside
- Year built
- 2007
- Stories
- 1
More property detailsCollapse
Listing
- Days on market
- 129
Building
- Year built
- 2007
- Year built source
- Assessor
- Architectural style
- Cottage
- Stories
- 1
- Building stories
- 1
- Levels
- One
- Entry level
- 1
- Construction
- Stucco
- Roof
- Composition
- Condition
- Turnkey
- Living area source
- Assessor
Bathrooms
- Full bathrooms
- 2
- Half bathrooms
- 1
Rooms & interior
- Main-level bedrooms
- 3
- Main-level bathrooms
- 3
- Rooms
- Bathroom, Bedroom, Family Room, Kitchen, Laundry, Living Room, Primary Bathroom, Primary Bedroom, Other
- Appliances
- Dishwasher, Free Standing Range, Disposal
- Interior features
- Granite Counters, High Ceilings, Pantry, Storage, All Bedrooms Down, Bedroom On Main Level, Jack And Jill Bath, Main Level Primary, Walk In Closets
- Flooring
- Carpet, Tile
- Heating
- Central
- Cooling
- Central Air
- Fireplace
- Gas, Living Room
- Laundry
- Laundry Room
Exterior & parking
- Total parking spaces
- 6
- Garage spaces
- 2
- Parking
- Garage
- Attached garage
- No
- Pool
- None
- Spa
- None
- Patio / porch
- Front Porch
- Lot features
- Back Yard, Front Yard, Landscaped, Street Level
- Lot size source
- Assessor
- Fencing
- Wood
- Property outlook
- Neighborhood
Utilities & community
- Water
- Public
- Sewer
- Public Sewer
- Utilities
- Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
- Community features
- Curbs, Street Lights, Suburban, Sidewalks
Fees & lease terms
- Association
- No
- Association fee
- $0.00
Schools reported in the listing
- High school district
- Riverside Unified
School information is supplied with the listing. Confirm current attendance boundaries and enrollment eligibility directly with the school district.
Nearby public schools
Nearby does not mean assigned. These are approximate straight-line distances from the property, not walking or driving routes. Confirm attendance boundaries, enrollment eligibility, grades and current school status directly with the district.
| School / district | Grades | Distance |
|---|---|---|
| Magnolia Elementary (school website, opens in a new tab) Riverside Unified · Riverside | Not reported | 0.1 mi |
| Pachappa Elementary (school website, opens in a new tab) Riverside Unified · Riverside | Not reported | 0.5 mi |
| Central Middle (school website, opens in a new tab) Riverside Unified · Riverside | 7–8 | 0.7 mi |
| Gateway College and Career Academy (school website, opens in a new tab) Riverside County Office of Education · Riverside | 9–12 | 0.8 mi |
| CBK Charter (school website, opens in a new tab) Riverside County Office of Education · Riverside | 9–12 | 1.2 mi |
| Riverside County Juvenile Court (school website, opens in a new tab) Riverside County Office of Education · Riverside | K–12 | 1.2 mi |
| Riverside County Community (school website, opens in a new tab) Riverside County Office of Education · Riverside | 7–12 | 1.2 mi |
| Riverside County Special Education (school website, opens in a new tab) Riverside County Office of Education · Riverside | K–12 | 1.2 mi |
Source: California Department of Education · 2025-26 school locations. Downloaded Oct 2, 2026 UTC. This annual snapshot may not reflect later changes. Public schools only; not a complete list of education options. No ratings or attendance assignments are provided.
Check the California School Directory ↗Price and tax history
Asking price
- Current asking price
- $629,900
- MLS-reported original asking price
- $699,000
- MLS-reported previous asking price
- $649,900
- MLS-reported last price change
- 2026-09-18 11:46 UTC
| Observed (UTC) | Asking price |
|---|---|
| Oct 9, 2026 06:42 | $629,900 |
MLS values are reported for this listing, not prior sales. Observation dates show when our importer saw an asking price, not when the MLS changed it. Up to 24 observations are retained; changes between refreshes may be missed. This is not a complete price or sales history.
Property taxes
Tax history is not available from the imported listing data.
Source: MLS feed. Only supplied tax years are shown, up to 10 years; this is not a county tax archive. Amounts may be corrected and taxes may change after purchase. Verify assessments and current taxes with the county. These values do not automatically fill the payment calculator.
Market trends in Riverside
Active residential homes for sale in Riverside, CA, available through this website's authorized feed. Includes residential subtypes; excludes rentals. Not the entire market or a valuation of this property.
Observed price activity · past 30 days
96 currently active listings have an observed price-change pair ending in this period. A listing can appear in both counts.
Calculated 2026-10-20 19:56 UTC. Source: this website's authorized MLS inventory. Import progress, freshness rules and coverage affect the figures. Medians exclude missing/invalid values; price per sq ft is the median of individual listing ratios. Price observations are limited to the last 24 per listing and may miss changes between refreshes. This is not a complete 30-day market report, historical inventory trend, appreciation measure, or sold-price analysis.
Payment calculator
Explore a fixed-rate loan scenario. The price comes from this listing; a 20% down payment and 30-year term are starting assumptions, not requirements. Enter your own interest rate—not APR—and estimated costs.
Illustration only—not a rate quote, preapproval, lending offer or affordability determination. Assumes equal monthly payments on a fully amortizing fixed-rate loan; no adjustable rates, interest-only periods or balloon payments. Excludes closing costs, utilities, maintenance, special assessments and other unentered costs. Actual payments and escrow can differ. Review a Loan Estimate with your lender.
Understanding homeownership costs — CFPB ↗