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This elegant 2 bedroom 2 bath unit is located in the historically significant development of Magnolia Palms. The building's Modern architecture creates a unique experience and was designed by The Heer's Brothers who were involved in several post-war projects here in the City of Riverside. This 1,005 square foot residence has been lived in with love which is expressed in the quality of the interior. It offers plenty of living space, an open kitchen and a great patio area perfect for entertaining. This unit occupies a prime location on the ground level with it's glass patio doors facing the development's green belt. I'm confident you will not find a nicer unit in the City of Riverside in this price point. For an owner occupant, this property will make a fantastic living space and at only $165,000 could also make a valuable investment property. Come see for yourself, I look forward to meeting you!
Listing agent: ANDREW VILLALOBOS DRE #01922817 andrew.villalobos@coldwellbanker.com, Listing office: COLDWELL BANKER ARMSTRONG PRO
MLS data updated 11/2/2026, 10:21:41 PM PT
Source: CRMLS, MLS #: IV15029183
Belmont insights
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Mar 25, 2015
Prices use the left axis; mortgage rates use the right. Hover, tap, or focus the chart and use the arrow keys. Red SOLD badges mark recorded sales.
This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92506 · Nov 2026
No monthly averageAt least 3 eligible sales in this month are required.30-year fixed mortgage benchmark
No weekly rateNo published rate within 7 days of this date.No recorded sales in this range. Select All available for older records; missing records do not mean the home never sold.
ZIP averages use publicly displayable closed sales from our licensed MLS feed, matched to the same ZIP and exact property type. Months with fewer than 3 sales are omitted; the current month is incomplete. Lines connect available monthly observations across gaps and do not represent measured prices in missing months. These averages are not adjusted for size, condition, or location within the ZIP, and are not an appraisal. Feed coverage may not include every sale. All available shows the available home and ZIP history, with mortgage rates over the same dates.
Mortgage benchmark: Freddie Mac Primary Mortgage Market Survey®. © Freddie Mac. Weekly national 30-year fixed rates, not APRs or a loan quote. Actual terms vary. Methodology changed in November 2022. The chart does not establish that interest-rate changes caused a home’s price changes.
Lines connect recorded asking and sale prices. They are visual guides, not estimates of the home’s value between those dates.
No earlier records were returned by our current sources. This does not mean the home has never sold.
MLS records may be incomplete. Earlier asking prices are not sale prices.