6149 Palm Ave, Riverside, CA 92506
OFF MARKET
Listed by ROBIN RICHARD, INLAND CITIES REALTY, (951) 642-3642 . Bought with 24 Hour Real Estate

$1,315,000

Last sold price
  • 7 Beds
  • 6 Baths
  • 3,090 sqft (on 0.27 acres)

6149 Palm Ave, Riverside, CA 92506

Magnolia Center
Currently Off Market - Sold Jul 26, 2024 for $1,315,000

Home Value

Learn more about this home's value by checking out the value of nearby homes and how much similar homes have sold for.

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
4603 Jurupa Ave, Riverside, CA
0.20
Multi-Family Home
$885,000
01/14/26
6
3
2,088
4033 Linwood Pl, Riverside, CA
0.77
Multi-Family Home
$1,150,000
10/22/25
5
5
2,471
6869 Marguerita Ave, Riverside, CA
1.52
Multi-Family Home
$1,390,000
06/25/26
6
5
2,793
4481 13th St, Riverside, CA
1.76
Multi-Family Home
$850,000
05/01/26
7
5
4,461
7460 Potomac St, Riverside, CA
1.32
Multi-Family Home
$650,000
10/09/25
4
2
1,647
2789 Fairmount Blvd, Riverside, CA
2.18
Multi-Family Home
$760,000
11/17/25
5
4
2,400
7563 Lincoln Ave, Riverside, CA
2.11
Multi-Family Home
$720,000
04/23/26
5
4
1,681
2431 12th St, Riverside, CA
2.43
Multi-Family Home
$760,000
10/15/25
6
4
2,214
7614 Fern St, Riverside, CA
2.07
Multi-Family Home
$705,500
11/12/25
5
2
1,787

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
6188 Palm Ave, Riverside, CA 92506
0.06
$660,700
3
2.5
1,450
Off Market
4458 Cover St, Riverside, CA 92506
0.06
$516,600
3
1
744
Off Market
4374 Emerson St, Riverside, CA 92506
0.12
$660,500
3
2
1,675
Off Market
4397 Cover St, Riverside, CA 92506
0.11
$593,300
2
1
1,002
Off Market
4573 Gardena Dr, Riverside, CA 92506
0.09
$614,800
3
1
1,119
Off Market
4561 Cover St, Riverside, CA 92506
0.10
$719,200
4
2
1,712
Off Market
4388 Gardena Dr, Riverside, CA 92506
0.15
$559,800
2
1
927
Off Market
4512 Jurupa Ave, Riverside, CA 92506
0.12
$507,700
2
1
920
Off Market
4593 Gardena Dr, Riverside, CA 92506
0.11
$685,000
5
2
2,079
Recently Sold
4356 Gardena Dr, Riverside, CA 92506
0.17
$595,300
3
2
1,409
Off Market
4605 Gardena Dr, Riverside, CA 92506
0.12
$609,300
3
1
1,581
Off Market

Local Information

  • Map ViewExplore the area around 6149 Palm Ave.
  • Schools1 Elementary School1 Middle School1 High School
  • Shop & Eat
-- mins to
Commute Destination

Home Highlights

Multi-Family
Built in 1951
0.27 acre lot
3,090 sqft
Garage

About this House

INCREDIBLE 3 UNIT PROPERTY ! If you are looking for a beautiful investment property, then this one is for you. This is a once in a lifetime opportunity to buy 3 units. Close escrow and rent them out immediately, no work to be done. Most investment properties on the market are old and are in need of work. It's very difficult to find an income property that is as nice as this one, no one is building them anymore. Live in the main house and rent out the back 2 units to pay the mortgage. Or Airbnb one, two, or all three. There are no recorded covenants or restrictions from the city on this property.

This property is located on a expansive corner lot in the WOODS STREET AREA, with beautiful trees and manicured lawns.
***The main house consists of 3 bedrooms and 2 bathrooms, very spacious with a remolded kitchen, remolded bathrooms, new interior paint, new water heater, new luxury vinyl waterproof flooring throughout, beautiful fireplace, new recessed lighting in the kitchen, beautiful quartz counter tops, 42" white shaker cabinets, big picture window in the main living area, new exterior stucco, new roof, new exterior landscaping. This home has a beautiful inviting cottage feel with white picket fence and expansive front, side, and backyard.
***The 2 additional units in the back are approximately 800 sq ft each. Each has their own private entrance, privacy fences, parking and totally detached and separate from each other. Each unit has 2 bedrooms and two bathrooms. (Yes 2 bathrooms!), units are newly constructed and they are all electric, one unit has solar installed. They both have beautiful white shaker cabinets, quartz counter tops, black accent finishes throughout, luxury vinyl waterproof flooring, a/c and heating system, low energy consumption heat pump water heaters, new appliances, ceiling fans, and separate room for washer/dryer hookups. These homes were built with 2x6 construction something not heard of in California, your tenants will appreciate having lower utility bills due to the extra thick insulated walls, insulated ceilings and roofs. You can't find these types of upgrades in any of the units that are being sold today. All units are separately metered. The owner only pays water.
Riverside is thriving, close to Downtown Riverside, UCR, Riverside Community Hospital, Riverside Community College, Riverside Shopping Plaza. This property is truly a rarity and a gem and will not last because it is simply One of a Kind !
6149 Palm Ave, Riverside, CA 92506 is a 7 bedroom, 6 bathroom, 3,090 sqft multi-family in Magnolia Center, built in 1951. It last sold for $1,315,000 on Jul 26, 2024 (1% above the $1,299,000 asking price). More recently, it was listed as a rental in August 2024 with an asking price of $3,750 per month. That rental listing was removed on October 26, 2024. This property is not currently displayed as for sale or rent on Trulia. The Trulia Estimate rent is $2,808/month.

Home Details for 6149 Palm Ave

Interior Features

Interior Details
Number of Rooms: 1Types of Rooms: Bedroom
Beds & Baths
Number of Bedrooms: 7Number of Bathrooms: 6
Appliances & Utilities
Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water ConnectedAppliances: Electric Range, Gas Range, MicrowaveLaundry: In Kitchen,Laundry RoomMicrowave
Heating & Cooling
Heating: CentralHas CoolingAir Conditioning: Central AirHas HeatingHeating Fuel: Central
Fireplace & Spa
Fireplace: Living RoomHas a Fireplace
Gas & Electric
Electric: 220 Volts in Laundry
Windows, Doors, Floors & Walls
Door: French DoorsFlooring: VinylCommon Walls: No Common Walls
Levels, Entrance, & Accessibility
Stories: 1Number of Stories: 1Levels: OneEntry Location: 1Accessibility: ParkingFloors: Vinyl
View
No ViewView: None

Exterior Features

Exterior Home Features
Roof: AsphaltFencing: VinylNo Private Pool
Parking & Garage
Number of Garage Spaces: 2Number of Covered Spaces: 2Has a GarageParking Spaces: 2Parking: Garage
Pool
Pool: None
Frontage
Not on Waterfront
Water & Sewer
Sewer: Public Sewer
Surface & Elevation
Elevation Units: Feet

Days on Market

Cumulative Days on Market: 17

Property Information

Year Built
Year Built: 1951
Property Type / Style
Property Type: Residential IncomeProperty Subtype: Triplex
Building
Is a New ConstructionNot Attached PropertyNo Additional Parcels
Property Information
Parcel Number: 226342020

Price & Status

Price
List Price: $1,299,000
Status Change & Dates
Off Market Date: Tue Jun 25 2024

Active Status

MLS Status: Closed

Location

Direction & Address
City: Riverside

Building

Building Area
Building Area: 3090 Square Feet

Community

Community Features: Biking, Park, SuburbanNot Senior Community

HOA

Association for this Listing: California Regional MLS

Lot Information

Lot Area: 0.27 acres

Listing Info

Special Conditions: Standard

Offer

Listing Terms: Cash, Cash to New Loan, Conventional

Business

Expense
Tenant Pays: All Utilities

Rental Terms, Policies & Fees

No Rent Control

Miscellaneous

Mls Number: IV24114691Living Area Range Units: Square FeetAttribution Contact: 951-642-3642Activation Date: Sat Jun 08 2024Common Interest: NoneStart Showing Date: Sat Jun 08 2024Universal Property Id: US-06065-N-226342020-R-N

Additional Information

BikingParkSuburban

Price and Tax history

DateEventPrice
Oct 26, 2024
Source: CRMLS #DW24170263
ListingRemoved
$3,750
Aug 16, 2024
Source: CRMLS #DW24170263
Listed For Rent
$3,750
Jul 26, 2024
Source: CRMLS #IV24114691
Sold
$1,315,000
Jun 25, 2024
Source: CRMLS #IV24114691
Pending
$1,299,000
Jun 8, 2024
Source: CRMLS #IV24114691
Listed For Sale
$1,299,000

Market trends in Riverside

Last updated July 2026
Buyer'sMarketSeller'sMarket
Avg. sale price
$657K
$6.67KMoM
Sale-to-List Price
100.0%
Price per sq ft
$382
$2MoM
Available listings
697
15MoM

Around this home

Neighborhood Overview

Magnolia Center
See Local Highlights
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. "
    0
    Flag
  • 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 "
    1
    Flag
  • Trulia User
    "This neighborhood is peaceful and has beautiful views. There are lots roads to orange trees and nurseries as well. "
    0
    Flag
  • 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. "
    6
    Flag
  • 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"
    3
    Flag
  • 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. "
    0
    Flag
  • 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..."
    19
    Flag
  • 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"
    2
    Flag
  • 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. "
    0
    Flag
  • Robyn L.
    "There are no community events in our neighborhood at all but we still very much love our neighborhood. "
    0
    Flag
  • Lovernotfighter
    "Can walk to Riverside Plaza. Movies, restaurants, coffee shops, markets, pharmacy, Trader Joes shopping."
    11
    Flag
  • Aartlover49
    "neighbors watch out for each others property. Dog walkers. Shopping Hospitals and restaurants .7 miles away"
    7
    Flag
  • 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."
    9
    Flag
  • Truslowcharles
    "I've lived here for three years now and I love it. Its quiet and a nice neighborhood in a great location. "
    9
    Flag
  • 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. "
    11
    Flag

LGBTQ Local Legal Protections

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-09-07 12:16:37 PDT and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

Frequently asked questions about 6149 Palm Ave

  • What is the price history for 6149 Palm Ave?
    6149 Palm Ave in Riverside, CA last sold for $1,315,000 in July 2024.
  • 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 $657K. That is up $6.67K from the prior month.
  • What do residents say about the Magnolia Center neighborhood?
    Residents describe the Magnolia Center neighborhood in Riverside, CA as dog-friendly, pedestrian-friendly, and well-kept. See recently sold homes in Magnolia Center, Riverside.
  • Does 6149 Palm Ave have air conditioning?
    Yes, 6149 Palm Ave in Riverside, CA has air conditioning.
  • Does 6149 Palm Ave have laundry facilities?
    Yes, 6149 Palm Ave in Riverside, CA has laundry facilities.

Explore by feature - Pet Friendly

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Explore by feature - Garage

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Explore by feature - Air Conditioning

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Explore by feature - Pool

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Explore by feature - Washer/dryer

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Explore by feature - Outdoor Space

135 rentals with an outdoor space in Riverside, CA

Apartments for Rent

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