6248 Riverside Avenue, Riverside, CA 92506

$874,900 Asking Price

5 beds
4 baths
2,439  sqft
Built in 1953

Three dwellings on a lot in the Magnolia Center neighborhood! The spacious main home has 3 bedrooms and 2 full bathrooms, and attached to the rear of the house with a private entrance is an independent 4th room that may be used as a mother-in-law suite with a kitchen and bathroom. Additionally, there is a detached permitted studio fully equipped with an individual bathroom, kitchen and living space. Upon entering the main house, you are welcomed into an updated mid-century home, a comfortable retreat flowing easily between the living area, dining room and updated kitchen illuminated by an abundance of natural light. Enjoy the ample cabinetry and quartz counters. You will appreciate the dual pane windows throughout, the wood-like tile floors, and ceiling fans in all bedrooms. Reap the benefits of a move-in ready ADU with its own address providing an excellent rental income opportunity, as well as the secondary studio attached to the house. All dwellings are single-level and include their own indoor laundry and backyard spaces. Lower taxes and no HOA! The property is well located across the street from the popular Riverside Plaza, near many amenities, schools, and the 91 freeway. This unique configuration of three residences presents an intriguing possibility for those interested in multi-unit living or investment opportunities. Don't wait! Make your appointment today!

Features & Amenities

Interior

General:
Recessed Lighting
Laundry:
Closet Full Sized,Kitchen
Flooring:
Tile
A/C:
Central Forced Air
Heating:
Forced Air Unit
Fireplace:
FP in Living Room
Disability Feature:
2+ Access Exits

Exterior

General:
Stucco
Style:
Traditional
Other Structures:
Two On A Lot
Pool:
None
Parking:
Driveway,On Site,Private,Shared Driveway, Parking spaces: 6

Construction

Roofing:
Shingle
General:
1 Story

Location

HOA Amenities:
0.0
Originating MLS:
California Regional MLS
County:
Riverside

Lot

Topography:
Level
Zoning:
R1065, 225171003
View:
Neighborhood,City Lights
Fencing:
Vinyl,Wood

Utilities

Utilities:
Cable Available,Electricity Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
Water:
Public
Sewer:
Public Sewer

Financial

Source:
California Regional MLS

This listing courtesy of:
COLDWELL BANKER REALTY, MICHELLE GOULD

About Riverside, CA

Housing

Number of Units
117,460
Median Home Value
$425,369
Median Rent
$1,318

42.75% of housing units are renter occupied.

3.67% are vacant.

Commute

Car
75.18%
Public Transportation
2.06%
Walk to Work
1.69%
Work from Home
19.74%
Other
0.66%

The median travel time to work is 27 minutes.

People

Population
369,431
Median Age
33.20
Median Household Size
3.32

Education

High School
25.48%
Associate’s Degree
7.98%
Bachelor’s Degree
15.27%
Graduate Degree
10.52%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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