$1,299,000 Price Analysis    ♡   Corona, CA 92882 8 bed 8 bath 3,496 SqFt ($371/SqFt) 8,712SqFt lot. Built 1965 Listed 2024-07-27, Taxes $8,219 | Ⓧ USDA Ineligible due to price & location near Corona |
Outstanding Investment Opportunity!
High performing Corona 4-plex with L ong Term Tenants. Each apartment is a 2 Bedroom 1.5 Bath Townhouse Style Apartment. This property has Pristine Exterior Paint and Beautiful Landscaping with High Quality Artificial Grass.
Interiors feature New Carpeting and Interior Paint in 3 of the 4 apartments. Newer Vinyl Windows installed a few years ago. These rental units are never vacant in this High Demand Rental Area of Corona near Corona Hgh School and convenience to local shopping and public transportation.
Property MLS #OC24154090 from CRMLS
Bedrooms: 8
Appliances: Gas Range
Appliances YN: Yes
Laundry Features: Community
Appliances YN: Yes
Laundry Features: Community
All Bedrooms Up, Kitchen, Living Room
Cooling Features: Wall/Window Unit(s)
Heating Features: Wall Furnace
Heating: Yes
Heating Features: Wall Furnace
Heating: Yes
Full Bathrooms: 8
Flooring: Carpet, Laminate, Tile
Window Features: Double Pane Windows
Window Features: Double Pane Windows
Fencing: Fence YN: Yes, Fencing: Wood
Road Surface Type: Paved
Road Surface Type: Paved
Carport Spaces: 4
Parking Features: Parking YN: Yes, Parking Features: Assigned, Carport, Attached Carport
Parking Total: 6
Parking Features: Parking YN: Yes, Parking Features: Assigned, Carport, Attached Carport
Parking Total: 6
Lot Description: Corner Lot, Landscaped, Rectangular Lot, Level
Lot Size Acres: 0.2
Lot Size Source: Assessor
Lot Size Square Feet: 8712
Lot Size Acres: 0.2
Lot Size Source: Assessor
Lot Size Square Feet: 8712
Number of Units: 4
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 2
Total Bathrooms in Unit-4: 2
Bedrooms in Unit-1: 2
Bedrooms in Unit-2: 2
Bedrooms in Unit-3: 2
Bedrooms in Unit-4: 2
Total Bathrooms in Unit-1: 2
Total Bathrooms in Unit-2: 2
Total Bathrooms in Unit-3: 2
Total Bathrooms in Unit-4: 2
Gardener Expense: 600.00
Maintenance Expense: 2954.00
Maintenance Expense: 2954.00
Tenant Pays: Electricity
Community Features: Curbs, Sidewalks
Source Listing Status: Active
County: Riverside
Cap Rate: 3.94
Source Property Type: Residential Income
Insurance Expense: 1849.00
Area: 248 - Corona
Source Neighborhood: Other (OTHR)
New Taxes Expense: 14660.00
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 1
Parcel Number: 110050005
Pest Control Expense: 720.00
Postal Code Plus 4: 3152
Subdivision: Other (OTHR)
Trash Expense: 2160.00
Zoning: R3
Source System Name: C2C
County: Riverside
Cap Rate: 3.94
Source Property Type: Residential Income
Insurance Expense: 1849.00
Area: 248 - Corona
Source Neighborhood: Other (OTHR)
New Taxes Expense: 14660.00
Number of Separate Electric Meters: 4
Number of Separate Gas Meters: 1
Number of Separate Water Meters: 1
Parcel Number: 110050005
Pest Control Expense: 720.00
Postal Code Plus 4: 3152
Subdivision: Other (OTHR)
Trash Expense: 2160.00
Zoning: R3
Source System Name: C2C
| Year | Assessments Building + Land Total | Tax |
|---|---|---|
| 2023 | $568,913 + $159,294 $728,207 | $8,219 |
| 2022 | $557,758 + $156,171 $713,929 | $8,067 |
| 2021 | $546,822 + $153,109 $699,931 | $7,902 |
| 2020 | $541,216 + $151,540 $692,756 | $7,815 |
| 2019 | $530,604 + $148,569 $679,173 | $7,635 |
| 2018 | $520,200 + $145,656 $665,856 | $7,463 |
| 2017 | $510,000 + $142,800 $652,800 | $7,280 |
| 2016 | $500,000 + $140,000 $640,000 | $7,210 |
| 2015 | $346,500 + $126,000 $472,500 | $5,306 |
| 2014 | $330,000 + $120,000 $450,000 | $4,969 |
| 2013 | $330,000 + $120,000 $450,000 | $4,983 |
| 2012 | $330,000 + $120,000 $450,000 | $4,964 |
| 2010 | $543,997 + $159,998 $703,995 | $7,509 |
| 2009 | $541,216 + $159,181 $722,397 | $7,738 |
| 2009 | $539,932 + $158,803 $698,735 | $7,738 |
| 2008 | $530,604 + $156,060 $708,664 | $7,603 |
| 2007 | $520,200 + $153,000 $695,200 | $7,445 |
Price Changed 2024-08-12
$1,299,000
CRMLS
Listed 2024-07-27
$1,345,000
CRMLS
Sold 2017-06-23
$640,000
CRMLS
Sold 2015-12-07
$640,000
Public Record
Relisted 2015-11-08
$650,000
CRMLS
Listing removed 2015-11-06
$650,000
CRMLS
Listed 2015-10-30
$650,000
CRMLS
Sold 2005-10-05
$660,000
Public Record
Sold 2004-08-20
$535,000
Public Record
Sold 2003-06-13
$332,000
Public Record
Sold 1990-09-27
$110,000
Public Record
$1,299,000
CRMLS
Listed 2024-07-27
$1,345,000
CRMLS
Sold 2017-06-23
$640,000
CRMLS
Sold 2015-12-07
$640,000
Public Record
Relisted 2015-11-08
$650,000
CRMLS
Listing removed 2015-11-06
$650,000
CRMLS
Listed 2015-10-30
$650,000
CRMLS
Sold 2005-10-05
$660,000
Public Record
Sold 2004-08-20
$535,000
Public Record
Sold 2003-06-13
$332,000
Public Record
Sold 1990-09-27
$110,000
Public Record
Net Operating Income: 51167.00
Total Square Feet Living: 3496
Year Built: 1965
Building Features: 1
Common Walls: 2+ Common Walls
Construction Materials: Stucco, Wood Siding
Direction Faces: West
Entry Level: 1
Entry Location: Froont Door
Foundation Details: Slab
Property Age: 59
Property Attached: Yes
Roof: Composition, Shingle
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Assessor
Year Built: 1965
Building Features: 1
Common Walls: 2+ Common Walls
Construction Materials: Stucco, Wood Siding
Direction Faces: West
Entry Level: 1
Entry Location: Froont Door
Foundation Details: Slab
Property Age: 59
Property Attached: Yes
Roof: Composition, Shingle
Levels or Stories: Two
Building Total Stories: 2
Structure Type: Quadruplex
Year Built Source: Assessor
Sewer: Sewer: Public Sewer, Water Sewer Expense: 2640.00
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Water Source: Public
Electricity Connected
Natural Gas Connected
Sewer Connected
Water Connected
Water Source: Public
Corona High School is a public high school located approximately 0.1 miles away.
Map directions
Map directionsLetha Raney Intermediate School is a public middle school located approximately 0.8 miles away.
Map directions
Map directionsVicentia Elementary School is a public elementary school located approximately 1.2 miles away.
Map directions
Map directionsMontessori Academy Of Corona is a private elementary school located approximately 0.3 miles away.
Map directions
Map directions
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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.