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El Cerrito Multifamily Home for Sale

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    $1,610,000

    • 12 Beds
    • 6 Baths
    • 4,500 Sq Ft

    7979 Minnesota Rd Unit A, Corona, CA 92881

    A truly unique offering in the Corona market, this six-unit multifamily property is a rare find for a savvy investor. There are no other properties of this size on the market, making this an unparalleled chance to acquire a significant, income-generating asset. This is a turnkey investment with all six units currently occupied by tenants, providing immediate, stable cash flow from day

    Jake Bullock Bullock Russell RE Services

    7979 Minnesota Rd Unit A, Corona, CA 92881

Why Live in El Cerrito

El Cerrito, a neighborhood in Corona, features a mix of 1970s ranch-style and 1990s Spanish-style single-family homes, with lots ranging from a quarter-acre to 2 acres, often used for farming. The Terrassa gated community offers Spanish-style condos and townhomes built between 2016 and 2019, with access to a community pool and spa. El Cerrito Park, a 26-acre space, includes playing fields and baseball diamonds, while Dos Lagos Park hosts events like the Rockin' Summer Concert Series. Shopping options include The Crossings at Corona with big-box retailers and a movie theater, and Corona Cerrito Plaza with diverse dining options. Local grocery stores include Trader Joe's and Sam's Club. The area is at high risk for wildfires, with Corona Fire Station #7 nearby for emergencies. Interstate 15 provides access to Los Angeles, 55 miles north, and connects to State Route 91 leading to Anaheim, 32 miles west. The Metrolink Corona North-Main station, 5 miles north, serves the Blue and Red lines. Corona Regional Medical Center is 8 miles north, and Ontario International Airport is 18 miles north. Schools in the area are highly rated, with Woodrow Wilson Elementary, El Cerrito Middle, Centennial High, and Santiago High offering strong academic programs.

Home Trends in El Cerrito, CA

Housing Trends

Median Sale Price
$757,500
Median Single Family Sale Price
$781,000
Average Price Per Sq Ft
$447
Number of Homes for Sale
10
Last 12 months Home Sales
26
Months of Supply
4.60
Median List Price
$798,500
Median Change From 1st List Price
2%
Median Home Sale Price YoY Change
-3%
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