NOT LISTED FOR SALE

1124 W 9th St Corona, CA 92882

Central Corona Neighborhood
2 Beds
2 Baths
3,800 Sq Ft
7,841 Sq Ft Lot

Last Sold September 12, 2022

Last sale price $1,170,000 $308 Per Sq Ft

32 Days on Market

About This Home

As of September 2022

Great opportunity to acquire a fourplex in the city of Corona. All units are 2 bedroom 2 bath and have laundry hookups in each apartment. This value added property features long term tenants and has lots of upside income potential. Carports are behind the units with alley access.

Last Agent to Sell the Property

John Stephens

KW COMMERCIAL License #01238307 Listed on: 07/14/2022

KW COMMERCIAL

Last Buyer's Agent

Marlene Lopez

Realty Masters & Associates License #01833607

Realty Masters & Associates

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

  • 7,841 Sq Ft Lot
  • Two or More Common Walls
  • Front Yard

Home Design

  • 3,800 Sq Ft Home
  • Property Attached

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Laundry

  • Laundry Room
  • Washer Hookup

Utilities

  • Sewer Not Available

Listing and Financial Details

  • Tax Lot 5
  • Tax Tract Number 2287
  • Assessor Parcel Number 110072004
  • $80 per year additional tax assessments

Community Details

Overview

  • 4 Units

Building Details

  • Rent Control
  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • Electric Expense $226
  • Fuel Expense $946
  • Insurance Expense $1,246
  • Trash Expense $2,808
  • Water Sewer Expense $4,103
  • Operating Expense $24,329
  • Gross Income $52,560
  • Net Operating Income $28,231

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Price Per Unit: 300000
  • Property Attached: Yes
  • Water Sewer Expenses: 4103.00
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 110072004
  • Year Built: 1970
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: 2+ Common Walls
  • Price Per Square Foot: 307.89

Exterior Features

  • Pool Private: No

Utilities

  • Laundry: Yes
  • Laundry Features: Washer Hookup
  • Sewer: None
  • Trash Expense: 2808.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800
  • Latitude Manual: 33.87429000

Multi Family

  • Electric Expense: 226.00
  • Fuel Expense: 946.00
  • Gross Income: 52560.00
  • Gross Scheduled Income: 52560.00
  • Insurance Expense: 1246.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 28231.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 15768.00
  • Rent Control: Yes
  • Total Expenses: 24329.00

Tax Info

  • Tax Census Tract: 417.03
  • Tax Lot: 5
  • Tax Tract Number: 2287
  • TaxOtherAnnualAssessmentAmount: 80.00

Range of Values:

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Sold Price
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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
09/12/2022 09/12/22 Sold $1,170,000 -2.5% $308 / Sq Ft
07/14/2022 07/14/22 For Sale $1,200,000 -- $316 / 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 2022

    John Stephens

    KW COMMERCIAL

    (909) 509-5908

    1 in this area

    4 Total Sales

    John Stephens
    Section Image
  • Marlene Lopez

    Buyer's Agent in 2022

    Marlene Lopez

    Realty Masters & Associates

    (951) 526-8546

    3 in this area

    32 Total Sales

    Marlene Lopez
    Section Image
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: CV22151157

California Regional Multiple Listing Service (CRMLS)

APN: 110-072-004

California Riverside County Corona 92882 Central Corona

1124 W 9th St, Corona, CA

This home is located at 1124 W 9th St, Corona, CA 92882 since 14 July 2022. This property was built in 1970. 1124 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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