6038 Colonial Dr, Riverside, CA 92506
Property image
Property image
OFF MARKET

6038 Colonial Dr
Riverside, CA 92506

Magnolia Center
  • 2 Beds
  • 1 Bath
  • 887 sqft

$501,000

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $3,104/mo*

$501,000

Trulia Estimate
as of Aug 11, 2026
Est. Refi. Payment $3,104/mo*
2 Beds
1 Bath
887 sqft

Home Value

Trulia Estimate
$501K
Since last month
Increased$5K (+1.1%)
Since last year
Increased$4K (+0.7%)
Since last sale
Increased$169K (+51.2%)
Learn more about this home's value by checking out its Trulia Estimate, the value of nearby homes, and how much similar homes have sold for.

Trulia Estimate

The of this home's value increased by +72% in the last 10 years
MonthEstimated value
2026
August 2026$498K
July 2026$496K
June 2026$493K
May 2026$495K
April 2026$493K
March 2026$494K
February 2026$491K
January 2026$485K
2025
2024
2023
2022
2021
2020
2019
2018
2017
2016

Comparable sales

These are recently sold homes that have a similar location or other similar features to this home, like bedrooms, bathrooms, and square footage. Get a sense of the expected prices in the area by viewing these homes.
Address
Distance
Property Type
Sold Price
Sold Date
Bed
Bath
Sqft
0.10
Single-Family Home
$515,000
07/02/26
2
1
1,224
0.22
Single-Family Home
$545,000
01/02/26
2
1
1,006
0.41
Single-Family Home
$526,000
10/24/25
2
1
816
0.31
Single-Family Home
$630,000
07/06/26
2
1
1,254
0.19
Single-Family Home
$560,000
10/22/25
3
1
1,449
0.18
Single-Family Home
$430,000
03/31/26
3
2
1,115
0.25
Single-Family Home
$605,000
05/12/26
3
1
1,314
0.11
Single-Family Home
$602,500
12/12/25
2
2
1,645
0.09
Single-Family Home
$575,000
07/03/26
3
2
1,303
0.54
Single-Family Home
$535,000
01/29/26
2
1
952

Nearby home prices

Get a sense of expected prices in the area by checking the value of nearby homes.
Address
Distance
Price
Bed
Bath
Sqft
Status
0.03
$580,000
3
2
1,126
For Sale
0.04
$695,500
3
2
1,539
Off Market
0.06
$568,800
3
1
1,050
Off Market
0.09
$575,000
3
2
1,303
Recently Sold
0.11
$602,500
2
2
1,645
Recently Sold
0.10
$515,000
2
1
1,224
Recently Sold
0.09
$632,200
3
1.5
1,031
Off Market
0.12
$560,000
3
2
1,506
Recently Sold
0.12
$635,000
3
2
1,772
Recently Sold
0.10
$720,000
3
3
2,005
Recently Sold
0.14
-
3
2
2,050
Off Market
0.15
$565,900
4
2
1,583
Off Market

Local Information

  • Map ViewExplore the area around 6038 Colonial Dr.
-- mins to
Commute Destination

Home Highlights

Property Type
Single-Family Home
Living Area
887 sqft
Price/Sqft
$565
Parking
Attached Garage

About this House

Charming 2-Bedroom Home for Rent Near Riverside's Wood Streets!

Address: 6038 Colonial Drive, Riverside, CA 92503
Rent: $ 2900 per month
Available: June 1

Welcome to this beautifully refreshed 2-bedroom, 1-bathroom home, ideally located adjacent to Riverside's desirable Wood Streets neighborhood. This inviting property blends classic charm with modern touches, offering a bright, open layout perfect for comfortable living.

Property Highlights:

Spacious living room with ample natural light and updated ceiling fan

Stylish wood-style flooring throughout

Freshly painted interior in a clean, neutral palette

Cozy dining area just off the kitchen

Bright kitchen with generous cabinet space and backyard access

Two well-sized bedrooms with plenty of closet storage

Modernized bathroom with updated vanity and fixtures

Large, private backyard ideal for outdoor relaxing or entertaining

Convenient driveway parking and additional storage options

Washer and dryer hookups available

Prime Location:

Adjacent to Riverside's highly sought-after Wood Streets area

Close to parks, shopping centers, restaurants, and Riverside Plaza

Easy access to the 91 Freeway for commuters

Minutes from downtown Riverside and local schools

This move-in-ready home offers the perfect balance of charm, comfort, and location!

Tenant will be responsible for all utilities, including electricity, gas, water, trash, and any other services. A maximum of three pets is allowed on the property, subject to owner approval and applicable pet deposit/fees. No smoking is permitted inside the home.
The lease will be a minimum of 12 months. Front yard maintenance is included in the rent.
6038 Colonial Dr, Riverside, CA 92506 is a 2 bedroom, 1 bathroom, 887 sqft single-family home in Magnolia Center. It last sold for $329,500 on Nov 6, 2020 (11,262% above the $2,900 asking price). More recently, it was listed as a rental in May 2025 with an asking price of $2,900 per month. That rental listing was removed on June 4, 2025. It is currently off market. The Trulia Estimate is $501,000, with a rent estimate of $2,286/month.

Home Details for 6038 Colonial Dr

Property Information

Property Type / Style
Property Type: Single Family Home

Rental Terms, Policies & Fees

Lease Term: 1 YearAvailable: now

Interior Features

Appliances & Utilities
DishwasherRefrigerator
Heating & Cooling
Air ConditioningCooling System: Central Air
Levels, Entrance, & Accessibility
Floors: Hardwood

Exterior Features

Parking & Garage
Parking: Attached Off Street, On Site

Price and Tax history

DateEventPrice
Jun 4, 2025
Source: Zillow Rentals
ListingRemoved
$2,900
May 31, 2025
Source: Zillow Rentals
Listed For Rent
$2,900
Nov 6, 2020
Source: CRMLS #IV20132288
Sold
$329,500
Oct 10, 2020
Source: Agent Provided
Pending
$320,000
Sep 29, 2020
Source: Agent Provided
Listed For Sale
$320,000

Market trends in Riverside

Last updated June 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$650K
$13.67K
MoM
Sale-to-List Price
100.0%
Price per sq ft
$384
$5
MoM
Available listings
682
24
MoM
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Neighborhood Overview

Neighborhood stats provided by third party data sources.

What Locals Say about Magnolia Center

At least 129 Trulia users voted on each feature.
  • 88 % Say it's dog friendly

  • 81 % Say there are sidewalks

  • 79 % Say yards are well-kept

  • 72 % Say car is needed

  • 72 % Say there's holiday spirit

  • 70 % Say it's walkable to restaurants

  • 70 % Say parking is easy

  • 69 % Say it's walkable to grocery stores

  • 69 % Say streets are well-lit

  • 63 % Say people would walk alone at night

  • 57 % Say they plan to stay for at least 5 years

  • 52 % Say there's wildlife

  • 50 % Say neighbors are friendly

  • 49 % Say kids play outside

  • 40 % Say it's quiet

  • 24 % Say there are community events

Sourced by Trulia users. Learn more about our methodology.
  • Evanbarrios
    "Be careful everyone. Please look out each other. If you can get a gun get one for protection. Please pick up after your dog. "
  • Trulia User
    "I don’t live far from where I work. It’s a quick jump on the freeway and I’m on way - 15 minutes tops "
  • Trulia User
    "This neighborhood is peaceful and has beautiful views. There are lots roads to orange trees and nurseries as well. "
  • Sandra Torres
    "I moved to magnolia center in Riverside recently. 3 months ago and it has been a great experience so far. Streets aren’t too crowded. You see family doing evening walks with their dogs. Overall it’s been a good experience can’t wait to see how the Holidays get on this part of town. "
  • Sarah K.
    "People let their dogs off leash. It shouldn’t matter the size. Dogs need to be leashes when in front yard or fenced"
  • Lacey F.
    "I love my neighborhood. It is friendly, safe, well kept and I have nice neighbors. I love being close to downtown and even closer to the Brockton arcade. "
  • Ms.shauuna
    "Beware of moving into Plaza West Condos....changed the rules and now you get your garage, parallel parking behind it, and anything above that you are forced to park out on the Main Street while tons of empty spots sit inside complex waiting for visitors. (Which you only get 1 visitor pass) numerous cars have been vandalized and HOA does nothing about it..."
  • Unspecified
    "its not too bad, they've done a good job getting rid of most of the homeless but there's still tweakers roaming the streets"
  • Golfskirtgirl
    "This neighborhood is great for dog walkers. Everyone is friendly and respectful. People walk in families too at all times, even late in the evening. "
  • Robyn L.
    "There are no community events in our neighborhood at all but we still very much love our neighborhood. "
  • Lovernotfighter
    "Can walk to Riverside Plaza. Movies, restaurants, coffee shops, markets, pharmacy, Trader Joes shopping."
  • Aartlover49
    "neighbors watch out for each others property. Dog walkers. Shopping Hospitals and restaurants .7 miles away"
  • Dlkdesign68
    "I've lived here for almost two years. I walk to work and love it! Lots of great restaurants and culture. Not a cookie cutter neighborhood."
  • Truslowcharles
    "I've lived here for three years now and I love it. Its quiet and a nice neighborhood in a great location. "
  • Klynna5
    "I have lived in this area for almost two years and absolutely love it. The neighborhood is quiet and all of our neighbors are friendly. We feel safe and at home. "

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Apartments for Rent

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Homes for sale near 6038 Colonial Dr

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Off Market Homes Near 6038 Colonial Dr

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Frequently asked questions about 6038 Colonial Dr

  • What is 6038 Colonial Dr estimated to be worth?
    Trulia's estimated value for 6038 Colonial Dr in Riverside, CA is $501,000.
  • What is the price history for 6038 Colonial Dr?
    6038 Colonial Dr in Riverside, CA last sold for $329,500 in November 2020.
  • Is Riverside a buyer's or seller's market?
    Riverside is currently a seller's market, based on recent for-sale activity.
  • What's the median sale price in Riverside?
    The median sale price in Riverside is $650K. That is up $13.67K from the prior month.
  • Does 6038 Colonial Dr have air conditioning?
    Yes, 6038 Colonial Dr in Riverside, CA has air conditioning.
  • Does 6038 Colonial Dr have parking?
    Yes, 6038 Colonial Dr in Riverside, CA has on-site parking.