Great income-producing opportunity! This gated 4-bedroom, 2-bathroom home features an enclosed laundry room and recently updated A/C. There's also a shed in the backyard for storage. The property rents for $2,900 a month. Additionally, there's a separate gated entrance to the rear yard, which is rented for $400 a month. The yard has potential for an ADU to generate additional income. Centrally located with easy access to stores and the freeway.
3 units with $8200 a month income - be cash flow positive with this amazing remodeled property. Two buildings - one main house with 5 bed/ 2 baths, second building is a duplex with 4 beds/ 2 baths and 3 bed/ 2 baths. Convenient to freeway/ shopping. Drive by only please - offers subject to interior inspection.
Tenants are month to month and property will be sold occupied.
PRICE REDUCED $50,000!!! Four Apartments, One Building, All units are the exact same floorplan which have: Two bedrooms upstairs with one full bath upstairs and one half bath off of dining room area. Air conditioned unit in living room window of each unit belongs to landlord. Central Heat throughout home. Large living room and dining area. Each unit is over 1,000 square feet. Enclosed patio for each apartment. All upstairs units have window AC unit that belong to tenants. Bedroom areas have carpet. Some units downstairs have tile. Very spacious living. Kitchens have tile or laminate counters and each unit has its own gas stove and oven. Each unit has central heating. All living rooms have AC units as well. Roof is only 4 years old. Community Laundry rooms for all tenants to use with coin operated machines and locked laundry room for building tenants only. Two car garages with one parking space for each apartment. New garage doors on garages. Alley access. Very close to freeways, shopping and restaurants. Great investment. Area tends to have long time tenants in properties. Wonderful location in close to a lot of street parking for guest and tenants.
The median home value in Corona, CA is $739,000. This is higher than the county median home value of $536,000. The national median home value is $338,100. The average price of homes sold in Corona, CA is $739,000. Approximately 61% of Corona homes are owned, compared to 34.97% rented, while 4.03% are vacant. Corona real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Corona real estate agent to arrange a tour today!
Corona, California has a population of 157,844. Corona is more family-centric than the surrounding county with 37.79% of the households containing married families with children. The county average for households married with children is 35.14%.
The median household income in Corona, California is $95,268. The median household income for the surrounding county is $76,066 compared to the national median of $69,021. The median age of people living in Corona is 35.3 years.
The average high temperature in July is 93.1 degrees, with an average low temperature in January of 42.2 degrees. The average rainfall is approximately 12.2 inches per year, with 0 inches of snow per year.