NOT LISTED FOR SALE

Estimated Value: $1,251,000 - $1,331,000

6 Beds
6 Baths
3,292 Sq Ft
$395/Sq Ft Est. Value

Last Sold April 27, 2022

Last sale price $1,250,000 $380 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $7,968/month

4 Days on Market

Highlights

  • No HOA
  • Hiking Trails
  • Laundry Room
  • Neighborhood Views
  • Cooling System Mounted To A Wall/Window
  • Foothills

About This Home

As of April 2022

Location, location, location. Don't miss this opportunity to acquire a quadraplex in the city of Corona. All units are 2 bedroom 2 bath and have laundry hookups. This value added property features Long term tenants and has lots of upside potential. Carports are behind the units and have ally access.

Last Agent to Sell the Property

ROBERT COLEMAN

TITAN REAL ESTATE GROUP License #01848995 Listed on: 03/26/2022

Last Buyer's Agent

Cristian Camargo

Realty ONE Group Homelink License #02052757

Realty ONE Group Homelink

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1970

Lot Details

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

Home Design

  • Quadruplex

Interior Spaces

  • 3,292 Sq Ft Home
  • 2-Story Property
  • Family Room
  • Carpet
  • Neighborhood Views
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 6 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace

Listing and Financial Details

  • Tax Lot 12
  • Tax Tract Number 2287
  • Assessor Parcel Number 110071005
  • $80 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Units
  • Horsethief Canyon Subdivision
  • Foothills

Recreation

  • Hiking Trails
  • Bike Trail

Building Details

  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $2,000
  • Trash Expense $1,750
  • Water Sewer Expense $3,000
  • Operating Expense $6,750
  • Net Operating Income $22,710

Property Details

Home Type

Multi-Family

Year Built

Built in 1970

Lot Details

0

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: Horsethief Canyon
  • View: Yes
  • Water Sewer Expenses: 3000.00
  • Zoning: R3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Parcel Number: 110071005
  • Year Built: 1970
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Levels: Two
  • Price Per Square Foot: 379.71
  • Room Type: Family Room, Master Bathroom

Exterior Features

  • View: Neighborhood
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 4.00

Utilities

  • Heating: Yes
  • Laundry: Yes
  • Heating Type: Wall Furnace
  • Laundry Features: Inside
  • Sewer: Public Sewer
  • Trash Expense: 1750.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Biking, Curbs, Foothills, Hiking, Storm Drains, Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Average2 Bed Area: 823 Square Feet
  • Gross Scheduled Income: 35820.00
  • Insurance Expense: 2000.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 22710.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Operating Expense: 13110.00
  • Rent Control: No
  • Total Expenses: 6750.00

Tax Info

  • Tax Census Tract: 417.03
  • Tax Lot: 12
  • Tax Tract Number: 2287
  • TaxOtherAnnualAssessmentAmount: 80.00

Matterport 3D Tour

Ownership History

Date Name Owned For Owner Type

Purchase Details

Closed on
Jul 15, 2025
Sold by
Rac Investment Llc
Bought by
1145 W 9Th St Llc
Current Estimated Value
$1,301,484

Purchase Details

Listed on
Mar 26, 2022
Closed on
Apr 6, 2022
Sold by
Black Family 1993 Revocable Trust
Bought by
Rac Investments Llc
Seller's Agent
ROBERT COLEMAN
TITAN REAL ESTATE GROUP
Buyer's Agent
Cristian Camargo
Realty ONE Group Homelink
List Price
$1,200,000
Sold Price
$1,250,000
Premium/Discount to List
$50,000
4.17%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
1.08%
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
1145 W 9Th St Llc -- Accommodation/Courtesy Recordi
Rac Investments Llc $1,250,000 Chicago Title
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
04/27/2022 04/27/22 Sold $1,250,000 +4.2% $380 / Sq Ft
03/30/2022 03/30/22 Pending -- -- --
03/26/2022 03/26/22 For Sale $1,200,000 -- $365 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Tax History

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 $14,509 $1,326,510 $265,302 $1,061,208
2023 $14,509 $1,275,000 $255,000 $1,020,000
2022 $3,093 $269,521 $104,534 $164,987
2021 $3,032 $264,237 $102,485 $161,752
2020 $3,000 $261,529 $101,435 $160,094
2019 $2,931 $256,402 $99,447 $156,955
2018 $2,867 $251,376 $97,498 $153,878
2017 $2,798 $246,448 $95,587 $150,861
2016 $2,770 $241,616 $93,713 $147,903
2015 $2,711 $237,988 $92,306 $145,682
2014 $2,615 $233,328 $90,499 $142,829
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: EV22060622

California Regional Multiple Listing Service (CRMLS)

APN: 110-071-005