NOT LISTED FOR SALE
2 Beds
2 Baths
3,800 Sq Ft
7,841 Sq Ft Lot

Sale Details

Date 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 in unit
  • 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

7,841 Sq Ft Lot

Listing Details

  • 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

Ownership History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 14, 2022
Closed on
Sep 2, 2022
Sold by
Bought by
Seller's Agent
John Stephens
KW COMMERCIAL
Buyer's Agent
Marlene Lopez
Realty Masters & Associates
List Price
$1,200,000
Sold Price
$1,170,000
Premium/Discount to List
-$30,000
-2.5%
Views
6

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$760,500
Interest Rate
0.053%
Mortgage Type
Construction

Purchase Details

Closed on
May 22, 2012
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$264,500
Interest Rate
0.0386%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 8, 2010
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$146,750
Interest Rate
0.0471%
Mortgage Type
Commercial

Purchase Details

Closed on
Nov 19, 2007
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$145,500
Interest Rate
0.0626%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 7, 1998
Sold by
Bought by

Purchase Details

Closed on
May 16, 1995
Sold by
Bought by
Source: Public Records
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Buyer Sale Price Title Company
$1,170,000 --
-- Lawyers Title
-- None Available
-- Ticor Title Company
-- Accommodation
$715,000 Fidelity National Title Co
$185,000 Fidelity Title
-- First American Title Ins Co
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Borrower Loan Amount
Open $650,000
Closed $760,500
Previous Owner $309,600
Previous Owner $305,000
Previous Owner $264,500
Previous Owner $96,000
Previous Owner $146,750
Previous Owner $145,500
Previous Owner $455,000
Previous Owner $315,000
Previous Owner $224,000
Previous Owner $168,300
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
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

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $13,398 $1,222,470 $208,080 $1,014,390
2023 $13,398 $1,175,000 $200,000 $975,000
2022 $9,481 $839,664 $179,928 $659,736
2021 $8,787 $778,260 $166,770 $611,490
2020 $8,062 $714,000 $153,000 $561,000
2019 $7,876 $680,000 $150,000 $530,000
2018 $7,630 $581,000 $115,000 $466,000
2017 $6,487 $581,000 $115,000 $466,000
2016 $6,551 $508,150 $110,250 $397,900
2015 $5,432 $484,000 $105,000 $379,000
2014 $5,088 $461,000 $100,000 $361,000
Source: Public Records

Agents Affiliated with this Home

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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

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