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$1,375,000   Price Analysis
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884 N Cota St
Corona, CA 92878
8 bed 8 bath 4,291 SqFt ($320/SqFt)
8,276SqFt lot. Built 1964
Listed 2024-03-11, Taxes $3,966
Ⓧ USDA Ineligible
due to price & location

near Corona

INCREASED RENTS: Fur Apartments: Two Bedroom Two Story Units

Central Heating, Two bathrooms in each unit. Spacious living room, dining room and a private patio. Unit B and C remodeled within the last two years. Pristine flooring and updated baths. Window AC units in living room are owned by landlord, upstairs are some AC units owned by tenants. Spacious kitchen and dining room/eating area with gas stove and o ven. Kitchen has either laminate or tile counters. Bedrooms have carpet upstairs and either tile or carpet downstairs.

Each unit is at least 1000 square feet. One car garage parking space per apartment shared with neighbor in two car garage space available off of alley. Some extra parking on property for all tenants. A lot of street parking for tenants as well. Community coin laundry available in locked laundry room for all tenants to use. Great tenants to remain in apartments at close of escrow. Roof on building is 4 years old. Very close to freeways and shopping as well as restaurants. Great opportunity for investors. Long term tenants love the area. Building is located in a fantastic area of the neighborhood with open areas surrounding building.


Presented by Julie Potts at
CENTURY 21 Cornerstone.
Listing Agent Photo

Property MLS #PW24048607 from CRMLS

Bedrooms: 8

Ceramic Counters
Tile Counters
Door Features: Sliding Doors

Appliances: Gas Range
Appliances YN: Yes
Laundry Features: Community

All Bedrooms Up

Cooling Features: Wall/Window Unit(s)
Heating Features: Central
Heating: Yes

Full Bathrooms: 8

Fencing: Fence YN: Yes, Fencing: Wood
Road Frontage Type: Alley, City Street
Road Surface Type: Paved

Lot Description: 0-1 Unit/Acre
Lot Size Acres: 0.1899908
Lot Size Source: Assessor
Lot Size Square Feet: 8276

Garage Spaces: 3
Parking Features: Parking YN: Yes, Parking Features: Assigned
Parking Total: 7

Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 2
Unit-1 Garage Spaces: 1
Unit-2 Garage Spaces: 1
Unit-3 Garage Spaces: 1

Calculated Total Monthly Association Fees: 0
Gardener Expense: 1200.00

Number of Units Leased: 4
Tenant Pays: Electricity, Gas, Telephone

Community Features: Curbs, Street Lights, Suburban

Source Listing Status: Active
County: Riverside
Source Property Type: Residential Income
Exclusions: Tenants AC Units upstairs, Gas Stove in Unit C is owned by tenant
Inclusions: Gas Stoves in 3 apartments, Window coverings, AC Units downstairs
Insurance Expense: 1784.00
Area: 248 - Corona
Source Neighborhood: Other (OTHR)
Number of Separate Electric Meters: 5
Number of Separate Gas Meters: 5
Parcel Number: 119081014
Postal Code Plus 4: 3787
Subdivision: Other (OTHR)
Trash Expense: 2611.30
Zoning: R3
Source System Name: C2C

YearAssessments
Building + Land
Total
Tax
2022$209,360 + $113,990
$323,350
$3,966
2021$205,255 + $111,755
$317,010
$3,892
2020$203,151 + $110,610
$313,761
$3,853
2019$199,168 + $108,442
$307,610
$3,770
2018$195,762 + $106,317
$302,079
$3,692
2017$191,934 + $104,233
$296,167
$3,607
2016$188,181 + $102,190
$290,371
$3,577
2015$185,363 + $100,656
$288,219
$3,504
2014$181,743 + $98,685
$282,628
$3,384
2013$180,925 + $98,240
$281,365
$3,379
2012$176,888 + $96,314
$297,402
$3,306
2010$173,420 + $94,426
$289,846
$3,159
2009$172,535 + $93,945
$288,480
$3,147
2009$172,125 + $93,721
$287,846
$3,147
2008$169,152 + $92,103
$283,255
$3,096
2007$165,836 + $90,298
$278,134
$3,035

Price Changed 2024-03-30
$1,375,000
CRMLS
Listed 2024-03-11
$1,500,000
CRMLS
Sold 1991-05-02
$260,000
Public Record
Sold 1989-02-17
$232,000
Public Record
Sold 1988-10-28
$206,500
Public Record
Sold 1982-03-01
$1,557,000
Public Record

Net Operating Income: 27600.00

Total Square Feet Living: 4291
Year Built: 1964
Building Features: 1
Common Walls: 1 Common Wall
Construction Materials: Drywall Walls, Stucco
Entry Level: 1
Entry Location: 1
Foundation Details: Slab
Property Age: 60
Property Attached: Yes
Property Condition: Updated/Remodeled
Roof: Composition
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Assessor

Electric: Standard
Electric Expense: 480.00
Sewer: Sewer: Public Sewer, Water Sewer Expense: 2600.00
Cable Available
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Water Source: Public

Parkridge Elementary School is a public elementary school located approximately 0.5 miles away.
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Auburndale Intermediate School is a public middle school located approximately 0.9 miles away.
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Norco High School is a public high school located approximately 1.7 miles away.
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Bright Beginnings Christian Academy is a private elementary school located approximately 1 miles away.
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The property loan eligibility may be subject to additional requirements beyond geographical location including but not limited to the condition of the property. Speak with a real estate professional to find out more about the eligibility of a specific property.