NOT LISTED FOR SALE

1110 W 9th St Corona, CA 92882

Central Corona Neighborhood
3 Beds
2 Baths
10,616 Sq Ft
0.37 Acres

Last Sold November 03, 2014

Last sale price $1,790,000 $169 Per Sq Ft

11 Days on Market

About This Home

As of November 2014

The property sits on an ideal corner lot at the cross streets of Lincoln Avenue and 9th Street and provides a central location to schools, transportation, shopping and parks. The property is also less than a mile west of the expanding Corona Regional Medical Center, the city's only hospital. The hospital currently has more than 1,000 employees with a medical staff of approximately 300 physicians and is set for a three phase expansion plan that will dramatically increase the size of the hospital and the number of it's employees.

The city of Corona is ideally located in western Riverside County approximately 45 miles southeast of Los Angeles, 15 miles east of Anaheim, 15 miles south of Ontario, 15 miles southwest of Downtown Riverside and 30 miles northwest of Temecula. The city limits encompass 39.2 square miles and the population is approximately 153,484. A city whose heritage spans more than a century, Corona has emerged as an ethnically diverse community, where a significant percentage of the population is made up of young, well-educated families.

Last Agent to Sell the Property

John Stephens

KW COMMERCIAL License #01238307 Listed on: 08/15/2014

KW COMMERCIAL

Last Buyer's Agent

John Stephens

KW COMMERCIAL License #01238307 Listed on: 08/15/2014

KW COMMERCIAL

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 0.37 Acre Lot
  • Two or More Common Walls
  • Private Yard

Home Design

  • Property Attached

Interior Spaces

  • 10,616 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Bathrooms

Parking

  • 15 Parking Spaces
  • 15 Carport Spaces
  • Parking Available

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Tax Lot 1
  • Tax Tract Number 1
  • Assessor Parcel Number 110072001

Community Details

Overview

  • 15 Units

Building Details

  • Gross Income $13,617
  • Net Operating Income $98,192

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • CapRate: 5.31
  • Property Attached: Yes
  • Property Type: Residential Income
  • Parcel Number: 110072001
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Levels: Two
  • Price Per Square Foot: 168.61

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 15.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 15.00

Utilities

  • Utilities: Sewer Connected
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Lot Features: Yard
  • Lot Size Sq Ft: 16117.00
  • Lot Size Acres: 0.3700

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Average1 Bed Area: 672
  • Average2 Bed Area: 806
  • Gross Income: 13617.00
  • Gross Multiplier: 11.32
  • Gross Scheduled Income: 163404.00
  • Lot Size Area: 0.3700 Acres
  • Net Operating Income: 98192.00
  • Number Of Units Total: 15
  • Operating Expense: 60486.00
  • Rent Control: No

Tax Info

  • Tax Lot: 1
  • Tax Tract Number: 1

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
11/03/2014 11/03/14 Sold $1,790,000 -3.2% $169 / Sq Ft
08/26/2014 08/26/14 Pending -- -- --
08/15/2014 08/15/14 For Sale $1,850,000 -- $174 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • John Stephens

    Seller's Agent in 2014

    John Stephens

    KW COMMERCIAL

    (909) 509-5908

    1 in this area

    4 Total Sales

    John Stephens
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV14176051

California Regional Multiple Listing Service (CRMLS)

APN: 110-072-001

California Riverside County Corona 92882 Central Corona

1110 W 9th St, Corona, CA

This home is located at 1110 W 9th St, Corona, CA 92882 since 15 August 2014. This property was built in 1961. 1110 W 9th St is a home located in Riverside County with nearby schools including Vicentia Elementary School, Letha Raney Intermediate School, and Corona High School.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.

Based on information from California Regional Multiple Listing Service, Inc. and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information

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