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Magnolia Center Multifamily Homes & Duplexes for Sale

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  • /23

    $719,000

    • 4 Beds
    • 2 Baths
    • 1,805 Sq Ft

    7457 Mount Vernon St, Riverside, CA 92504

    Charming income producing Duplex for sale in the heart of Riverside! This property hosts 2 two bedroom one bath units. Each unit has it's own electric and gas meter and one car garage. The property has been well maintained and there is no deferred maintenance. It is a perfect opportunity to live in one unit and rent out the other, or maintain it as an income producing property with tenants in

    Ruth Bridge DePrez and Son, Inc

    7457 Mount Vernon St, Riverside, CA 92504
  • /18

    $650,000

    • 4 Beds
    • 2 Baths
    • 1,647 Sq Ft

    7460 Potomac St, Riverside, CA 92504

    ATTENTION INVESTORS!!! Amazing income-producing duplex for sale! Welcome to Potomac. This wonderful 2 unit property comes with a 3bed / 1bath and a 1bed / 1bath with long-term tenants. The long driveway for extra parking leads to a two car detached garage. Property is conveniently located close to downtown Riverside, UCR, and many great dining and shopping destinations and close to 91 freeway.

    Alejandra Avila RIVERSIDE REAL ESTATE PROFESSIONALS

    7460 Potomac St, Riverside, CA 92504

Why Live in Magnolia Center

Magnolia Center in Riverside, California, is a historic neighborhood located three miles from downtown, known for its panoramic views of the San Bernardino Mountains and a variety of dining, retail, and recreational options. The area, once part of the Inland Empire’s citriculture industry, is now a bustling community with several commercial districts along Magnolia Avenue and California State Route 91. Residents enjoy a mix of ranch-style and Spanish-style homes, with many properties dating back to the 1950s. The neighborhood is highly walkable, featuring sidewalks, bike lanes, and reliable public transportation. Local dining options include Ooka, known for its sushi and hibachi, P.S. I Crepe You, a coffee and crepe shop, and Baker’s Dozen Donuts, which offers handmade breakfast and lunch items. Shopping is convenient with Riverside Plaza and Magnolia Town Center Shopping Center nearby. Green spaces such as Low Park and Shamel Park provide recreational opportunities, while the historic Parent Naval Orange Tree highlights the area’s agricultural past. Pachappa Elementary, a highly rated school, serves the community, and higher education institutions like California Baptist University and the University of California-Riverside are in close proximity. The neighborhood is safer than the national average, with Riverside City Fire Station 3 ensuring quick emergency responses. Despite the risks of wildfires and earthquakes, the city’s stringent building standards and emergency alert systems help mitigate these dangers. Ontario International Airport is less than 18 miles away, adding to the neighborhood’s convenience.

Home Trends in Magnolia Center, CA

Housing Trends

Median Sale Price
$585,000
Median Single Family Sale Price
$605,000
Median 2 Bedroom Sale Price
$309,000
Median 1 Bedroom Sale Price
$305,000
Average Price Per Sq Ft
$437
Number of Homes for Sale
29
Last 12 months Home Sales
123
Months of Supply
2.80
Median List Price
$596,500
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
1%
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