Orange groves dominated this area until 1913, when fill was introduced into the Tequesquite Arroyo, allowing Magnolia Avenue to be connected to Downtown for the first time ever. As a result of its close proximity to and ease of access to the downtown center, this area became more suitable for residential subdivisions. A subdivider by the name of Wood added his name as a suffix to a street name, therefore initiating a sequence of streets.

It is possible that Wood Streets has one of the most unified neighborhood designs seen anywhere in the City of Riverside. The designs of streets and neighborhoods adhere to a fairly classic style. The rigid grid layout of the community streets, combined with their narrow width and beautiful landscaping, help to preserve the character of the neighborhood as it existed in the 1920s. Almost every home in this area was built before World War II, and many of them are examples of early twentieth-century architecture and design. A visit of this area can rapidly reveal the extraordinary range, as well as the beauty, of architectural styles that were in use at the time of its construction.

The region is nearly entirely devoted to low-density residential uses, and the few commercial facilities that exist are concentrated in the northwest section of the territory. High-density residential areas can be found in the east and west corners, while office space can be located in the southern portion of the neighborhood.

Located largely on naturally flat ground and partially on constructed land, this neighborhood is a mix of old and new. Located between this area and Downtown, the man-made land bridge that joins them both rises impressively over the Tequesquite Arroyo and affords a spectacular perspective of it. A unique open space area for enjoyment and natural beauty, this arroyo dominates the northern-most edge of the Wood Streets neighborhood and serves as the neighborhood’s northern-most boundary. Residents in this region have a strong sense of belonging, and they have a long history of house ownership. Despite the fact that this custom has endured, the majority of the properties in this neighborhood are owned rather than rented. Wood Streets is considered a very nice neighborhood, just like Orangecrest.