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Closed
- Listed price
- $2,750,000
- Listed Sep 9, 2015
- Sold price
- $2,685,000
- Sold Jan 20, 2016
30,056 sqft lot|1958 Built|112 MLS days on market
7490 Magnolia Ave, Riverside, CA 92504
Property Description
Deluxe Madison is a traditional garden style property and has been well maintained and improved. Recent exterior improvements consist of complete restoration of decks, new hardscape landscaping, exterior painting of the building, new signage, and additional exterior lighting. Awnings have also been replaced and an attractive enclosure constructed for the trash and recycling. In addition, the parking lot has been redone with an overlay slurry coat and striping. Deluxe Madison is ideally located on the intersection of Madison and Magnolia, creating significant visibility. The property focuses on a central garden courtyard which features a sparkling pool and a gazebo sitting area. The units are all spacious one and two bedroom floor plans. The interior of the units have been upgraded with vinyl wood plank flooring throughout. Each unit has an individual hot water heater. All of the units feature ample cupboard and closet space and are equipped with smoke detectors. Heating and air-conditioning is supplied via wall mounted units.
Listing agent: ALEXANDER GARCIADRE #01072982agarcia@marcusmillichap.com, Listing office: MARCUS & MILLICHAP
MLS data updated 11/1/2026, 9:01:01 AM PT
Source: CRMLSMLS #: CV15200335
Belmont insights
Price & property history
Compare recorded home prices, same-type ZIP sales and mortgage rates.
Last recorded sale$2,685,000
Jan 20, 2016
Available records32015–2016
From MLS recordsActual listing and closing events
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This home · nearest recorded event
No recordNo property-price record in this range.ZIP 92504 · Nov 2026
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No weekly rateNo published rate within 7 days of this date.This home · 0 price recordsNo records in this period
ZIP 92504 · same property typeThis MLS property type has no exact comparison group.
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Recorded sales in this period (0)
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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.
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MLS records may be incomplete. Earlier asking prices are not sale prices.