Explore the extraordinary potential of 7914 Magnolia Avenue—a beautifully preserved 3-bed, 2-bath Craftsman home with a detached guest unit (ADU) on a sprawling 12,632 sq ft lot. This property may qualify for up to $200,000 in down payment assistance through over 38 verified programs (based on buyer eligibility).
This timeless residence features 1912 architectural charm—original wood accents, vintage fixtures, and solid wood windows—complemented by thoughtful modern upgrades like a remodeled kitchen, soaking tub, and central HVAC. The detached ADU offers a private bedroom, bath, kitchenette, and separate entrance—perfect for multigenerational living, guest accommodations, or potential rental use (check with the City of Riverside for ADU rental guidelines). Shared utility setup. Outside, enjoy a serene, landscaped yard with mature trees, several patios for entertaining, and room for an urban garden or future pool. A gated driveway provides secure RV parking and access to a detached garage. BONUS: No HOA, Craftsman character, updated features, and a centrally located lot just minutes from the 91 Freeway. Don't miss this rare Craftsman estate with an accessory unit and land to grow. Floor plan attached. Showings by appointment—schedule your tour today!
Sold for $600,000 on 11/07/25
Listing Provided by:
LIONEL NEWMAN THOMAS DRE #02015857 909-510-3353,
BLUE SKY REAL ESTATE CENTER,
ANTONIO LOPEZ DRE #02254149,
BLUE SKY REAL ESTATE CENTER
Bought with: Sharpstone Realty
$600,000
7914 Magnolia Ave, Riverside, CA 92504
3beds
1,744sqft
Single Family Residence
Built in 1912
0.29 Acres Lot
$599,700 Zestimate®
$344/sqft
$3,160 Estimated rent
Home value
$599,700
$546,000 - $660,000
$3,160/mo
Zestimate® history
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What's special
Zillow last checked: 8 hours ago
Listing updated: November 07, 2025 at 09:23am
Listing Provided by:
LIONEL NEWMAN THOMAS DRE #02015857 909-510-3353,
BLUE SKY REAL ESTATE CENTER,
ANTONIO LOPEZ DRE #02254149,
BLUE SKY REAL ESTATE CENTER
Bought with:
Angelica Molina, DRE #01327647
Sharpstone Realty
Source: CRMLS,MLS#: IV25136615
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 3
Bathroom
- Features: Low Flow Plumbing Fixtures, Soaking Tub, Vanity
Kitchen
- Features: Kitchenette, Remodeled, Updated Kitchen, Utility Sink
Heating
- Central, Fireplace(s)
Cooling
- Central Air
Appliances
- Included: 6 Burner Stove, Gas Oven, Refrigerator
- Laundry: Inside
Features
- Wood Product Walls
- Flooring: Wood
- Windows: French/Mullioned, Insulated Windows, Wood Frames
- Has fireplace: Yes
- Fireplace features: Living Room
- Common walls with other units/homes: No Common Walls
Interior area
- Total interior livable area: 1,744 sqft
Property
Parking
- Parking features: Door-Multi, Driveway, Garage, Pull-through, RV Potential, RV Gated, RV Access/Parking
Features
- Levels: One
- Stories: 1
- Entry location: 1
- Patio & porch: Patio
- Pool features: None
- Has view: Yes
- View description: None
Lot
- Size: 0.29 Acres
- Features: Back Yard, Front Yard, Lawn, Near Public Transit, Rectangular Lot
Details
- Additional structures: Guest House Detached, Guest House
- Parcel number: 231121007
- Zoning: R1065
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subtype: Single Family Residence
Materials
- Foundation: Raised
Condition
- Updated/Remodeled
- New construction: No
- Year built: 1912
Utilities & green energy
- Sewer: Septic Tank
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected
Community & neighborhood
Security
- Security features: Carbon Monoxide Detector(s), Smoke Detector(s)
Community
- Community features: Curbs
Location
- Region: Riverside
Other
Other facts
- Listing terms: Cash,Conventional,FHA,VA Loan
- Road surface type: Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/7/2025 | Sold | $600,000-3.2%$344/sqft |
Source:  CRMLS #IV25136615 | ||
| 9/23/2025 | Pending sale | $619,999$356/sqft |
Source: CRMLS #IV25136615 | ||
| 8/29/2025 | Price change | $619,999-4.6%$356/sqft |
Source: CRMLS #IV25136615 | ||
| 7/20/2025 | Price change | $649,999-3%$373/sqft |
Source: CRMLS #IV25136615 | ||
| 6/19/2025 | Listed for sale | $669,999+296.4%$384/sqft |
Source: CRMLS #IV25136615 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,625 +3.3% | $230,593 +2% |
| 2024 | $2,540 +0.4% | $226,073 +2% |
| 2023 | $2,530 +1.9% | $221,641 +2% |
Find assessor info on the county website
Neighborhood: Ramona
Nearby schools
GreatSchools rating
- 6/10Madison Elementary SchoolGrades: K-6Distance: 0.6 mi
- 5/10Chemawa Middle SchoolGrades: 7-8Distance: 1.2 mi
- 5/10Ramona High SchoolGrades: 9-12Distance: 0.3 mi
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Estimated market value
$599,700
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$599,700