1 Day Ago
Highlights
New Construction
- Vaulted ceilings
- In-unit laundry
- Stainless steel appliances
- Open-concept kitchen
- Triple-pane windows
- Pet friendly
Location
5409 Magnolia Ave, Riverside, CA 92506, USA|Wood Streets
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Amenities for 5409 Magnolia Ave, Wood Streets
Features
| Central Air | High Ceilings |
Appliances
| Dishwasher | In-Unit Laundry |
Community
| Onsite Laundry |
Other
| View Type: None |
Units, floor plans, amenities, dimensions, details, availability, and prices may be approximate and subject to change. Please contact a community representative for more information.
Policies and fees
Applicants
Applicants
One-time.
Contact Property
REQUIRED FEES
Security Deposit
One-time. Refundable.
Contact Property
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About 5409 Magnolia Ave
Property Status: Active NEW CONSTRUCTION + IN-UNIT LAUNDRY + PET FRIENDLY Welcome to this newly constructed modern Craftsman home located in Riverside’s historic Wood Streets neighborhood. Thoughtfully designed with quality finishes throughout, this single-story residence blends comfort, style, and functionality in one of the city’s most desirable locations. Inside, you’ll find beautiful laminate flooring, triple-pane windows, vaulted ceilings, and panoramic bi-fold doors that create a seamless indoor–outdoor living experience. The open-concept kitchen features stainless steel appliances, and a brand-new induction stove with oven/microwave combo and dishwasher. Both generously sized bedrooms include private en-suite bathrooms with luxury shower enclosures, offering comfort and privacy ideal for roommates, guests, or professionals working from home. An in-unit laundry area with a stacked washer and dryer adds everyday convenience. For enhanced comfort and energy efficiency, each room, including the living space, is equipped with its own ductless mini-split system, allowing independent climate control throughout the home. Ideally situated within walking distance of RCC and just minutes from Riverside Plaza, downtown Riverside, Bonaminio Park, Mt. Rubidoux hiking trails, and the Santa Ana River bike trail, this home offers the perfect balance of tranquility and accessibility. A rare opportunity to lease a thoughtfully designed, high-quality home in one of Riverside’s most beloved neighborhoods. Welcome home. Office Phone: (951) 369-8002 Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Property highlights
We compared every listing in the surrounding area to determine which amenities are most common. If a building lacks an amenity that most others in the area have, it is a con. If a building has an amenity most others in the area do not, it is a pro. Similarly, price, schools, and size are calculated relative to the size, price, and distance to schools of the other properties nearby.How 5409 Magnolia Ave compares to other nearby properties.
Positives
- High school nearby
- There is a high school 0.4 mile away
- Middle school nearby
- There is a middle school 0.4 mile away
- Elementary school nearby
- There is an elementary school 0.4 mile away
- Images Available
- There are at least 10 photos of this address
- Laundry available on site
- Washers and dryers are available in-building or in-unit
Address details
| Neighborhood | Wood Streets |
|---|---|
| Zip code | 92506 |
| Type | House for rent |
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Rent trends in Wood Streets
2-bedroom apartments at 5409 Magnolia Ave cost about 12% more than the average rent price for 2-bedroom apartments in Riverside.
Median rents as of May 9 2026.
Wood Streets
Riverside
| Month | Median Rent |
|---|---|
| May 2024 | $2,250 |
| June 2024 | $2,292 |
| July 2024 | $2,277 |
| August 2024 | $2,286 |
| September 2024 | $2,298 |
| October 2024 | $2,255 |
| November 2024 | $2,272 |
| December 2024 | $2,295 |
| January 2025 | $2,277 |
| February 2025 | $2,281 |
| March 2025 | $2,229 |
| April 2025 | $2,208 |
| May 2025 | $2,232 |
| June 2025 | $2,240 |
| July 2025 | $2,232 |
| August 2025 | $2,254 |
| September 2025 | $2,277 |
| October 2025 | $2,259 |
| November 2025 | $2,262 |
| December 2025 | $2,262 |
| January 2026 | $2,248 |
| February 2026 | $2,270 |
| March 2026 | $2,272 |
| April 2026 | $2,351 |
| May 2026 | $2,362 |
| Month | Median Rent |
|---|---|
| May 2024 | $1,900 |
| June 2024 | $1,950 |
| August 2024 | $2,033 |
| September 2024 | $2,000 |
| October 2024 | $2,278 |
| November 2024 | $2,328 |
| December 2024 | $2,395 |
| April 2025 | $2,088 |
| May 2025 | $1,992 |
| June 2025 | $2,075 |
| July 2025 | $2,190 |
| August 2025 | $2,199 |
| September 2025 | $2,218 |
| October 2025 | $2,037 |
| November 2025 | $2,265 |
| December 2025 | $2,625 |
| January 2026 | $2,542 |
| February 2026 | $2,671 |
| March 2026 | $2,488 |
| April 2026 | $2,445 |
| May 2026 | $2,520 |
Affordability calculator
Can I afford to live at 5409 Magnolia Ave?
Bedrooms
2 bedroomsRent-to-income ratio
30%
Slide to adjust the percentage of your monthly income you are willing to spend on rent.
The general rule of thumb is to spend around 30% or less of your income on rent.
Recommended income
$114,000/yr
With your selected rent-to-income ratio, you'd ideally want to make $114,000 annually to afford this 2-bedrooms monthly rent price of $2,850.
For more information on rent affordability, visit our rent calculator.
Schools near 5409 Magnolia Ave
Magnolia Elementary School
3975 maplewood pl
riverside, CA, 92506
K-6Public
B+
Riverside Virtual
3380 14th st
riverside, CA, 92501
K-12Public
B-
Riverside County Special Education
3939 13th st
riverside, CA, 92502
K-12Public
California School For The Deaf-Riverside
3044 horace st
riverside, CA, 92506
K-12Public
Summit View Independent Study
6401 lincoln ave
riverside, CA, 92506
K-12Public
B+
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Internet available near 5409 Magnolia Ave
Getting around Riverside near 5409 Magnolia Ave
Walking
6/10
Some shops and stores are within a few minutes.
Driving
10/10
Commuting is easy with multiple accessible routes and plenty of parking.
Cycling
6/10
More spots are within biking distance and some roads are cyclist-friendly.
Transit
9/10
Getting around is a breeze; rapid transit and bus lines are a few blocks away.
Points of interest for 5409 Magnolia Ave, Riverside
Groceries
8/10
At least one supermarket within a 15-minute walk
Shopping
5/10
Several shops within walking distance
Cafes
4/10
Some cafés within walking distance
Restaurants
6/10
Some restaurants within a few minutes’ walk
Primary schools
9/10
At least one elementary school within a 10-minute walk
High schools
8/10
At least one high school within a 10-minute walk
Parks
7/10
Large amount of park space nearby
Nightlife
2/10
Some bars within walking distance
Explore the area around 5409 Magnolia Ave
Ralphs
6155 Magnolia Ave
Trader Joe's
6225 Riverside Ave
Vons
3520 Riverside Plaza Dr
AK Market
6411 Brockton Ave
Maxi Foods
4050 University Ave
S J Men's Suit & Alterations
5905 Brockton Ave
Joe's Tailoring
6177 Magnolia Ave
Tilly's
3601 Riverside Plaza Dr
T R Sportswear
3288 Gibraltar Dr
Burlington
3615 Riverside Plaza Dr
Starbucks
3520 Riverside Ave
Juice It Up!
3540 Riverside Plaza Dr
International Coffee & Tea LLC
3545 Central Ave
The Coffee Bean & Tea Leaf
3545 Central Ave
Condron Coffee
3696 Sunnyside Dr
VIP Nightclub & Restaurant
3673 Merrill Ave
Islands Fine Burgers & Drinks
3645 Central Ave
Wax Lounge
6439 Brockton Ave
W Wolfskill
4281 Main St
Lake Alice Trading Co
3616 University Ave
The Fruit Man
4384 Tequesquite Ave
Edible
3540 Riverside Plaza Dr
Vons Bakery
3520 Riverside Plaza Dr
Nothing Bundt Cakes
3639 Riverside Plaza Dr
The Vitamin Shoppe
3660 Central Ave
Evans Sports Complex
Ryan Bonaminio Park
Newman Park
White Park
Mount Rubidoux Park
Se+Or Baja
6033 Magnolia Ave
Flame Broiler
6059 Magnolia Ave
Juan Pollo
6055 Magnolia Ave
Namaste Indian Kitchen
6061 Magnolia Ave
Carl's Jr
6079 Magnolia Ave
Magnolia Bandini
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Riverside-Downtown
Metrolink 91-Perris Valley Line, Metrolink Inland Empire-Orange Cty Line, Metrolink Inland Empire-Orange Cty Line, Metrolink Riverside Line, Metrolink Riverside Line, Metrolink 91-Perris Valley Line
Riverside-Downtown Metrolink Station
Metrolink 91-Perris Valley Line, Metrolink Inland Empire-Orange County Line, Metrolink Riverside Line
Riverside-Hunter Park / UCR
Metrolink 91-Perris Valley Line, Metrolink 91-Perris Valley Line
Riverside-Hunter Park/UCR
Metrolink 91-Perris Valley Line
Jurupa Valley / Pedley
Metrolink Riverside Line, Metrolink Riverside Line
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