NOT LISTED FOR SALE
8 Beds
8 Baths
3,496 Sq Ft
8,712 Sq Ft Lot

Sale Details

Date Sold: October 16, 2024

Last sale price $1,230,000 $352 Per Sq Ft

40 Days on Market

Highlights

  • Corner Lot
  • Living Room
  • 4 Attached Carport Spaces
  • Double Pane Windows
  • Tile Flooring
  • Landscaped

About This Home

As of October 2024

Outstanding Investment Opportunity! High performing Corona 4-plex with Long Term Tenants. Each apartment is a 2 Bedroom 1.5 Bath Townhouse Style Apartment. This property has New Exterior Paint and Beautiful Landscaping with High Quality Artificial Grass. Interiors feature New Carpeting and Interior Paint in 3 of the 4 apartments. Newer Vinyl Windows installed just a few years ago. These rental units are never vacant in this High Demand Rental Area of Corona near Corona High School and convenience to local shopping and public transportation.

Last Agent to Sell the Property

Dan Owens

Owens Commerical Investments Brokerage Phone: 949-573-4884 License #01809597 Listed on: 07/26/2024

Last Buyer's Agent

General NONMEMBER

NONMEMBER MRML

Create a Home Valuation Report for This Property
The Home Valuation Report is an in-depth analysis detailing your home's value as well as a comparison with similar homes in the area

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1965

Lot Details

  • 8,712 Sq Ft Lot
  • Two or More Common Walls
  • West Facing Home
  • Wood Fence
  • Landscaped
  • Corner Lot
  • Rectangular Lot
  • Level Lot

Home Design

  • Quadruplex
  • Entry on the 1st floor
  • Slab Foundation
  • Shingle Roof
  • Composition Roof
  • Wood Siding
  • Stucco

Interior Spaces

  • 3,496 Sq Ft Home
  • 2-Story Property
  • Double Pane Windows
  • Living Room
  • Gas Range

Flooring

  • Carpet
  • Laminate
  • Tile

Bedrooms and Bathrooms

  • 8 Bedrooms
  • All Upper Level Bedrooms
  • 8 Bathrooms

Parking

  • 2 Open Parking Spaces
  • 6 Parking Spaces
  • 4 Attached Carport Spaces
  • Parking Available
  • Assigned Parking

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected

Listing and Financial Details

  • Tenant pays for electricity
  • Tax Lot 5
  • Tax Tract Number 2857
  • Assessor Parcel Number 110050005
  • $93 per year additional tax assessments

Community Details

Building Details

  • 4 Separate Electric Meters
  • 1 Separate Gas Meter
  • 1 Separate Water Meter
  • Fuel Expense $1,250
  • Gardener Expense $600
  • Insurance Expense $1,849
  • Maintenance Expense $2,954
  • Pest Control $720
  • Trash Expense $2,160
  • Water Sewer Expense $2,640
  • New Taxes Expense $14,219
  • Operating Expense $26,392
  • Gross Income $78,000
  • Net Operating Income $51,608

Additional Features

  • 4 Units
  • Laundry Facilities

Property Details

Home Type

Multi-Family

Year Built

Built in 1965

Lot Details

8,712 Sq Ft Lot

Listing Details

  • CapRate: 4.10
  • Property Attached: Yes
  • Road Surface Type: Paved
  • Subdivision Name Other: Unknown
  • View: No
  • Water Sewer Expenses: 2640.00
  • Zoning: R3
  • Property Sub Type: Quadruplex
  • Property Type: Residential Income
  • Gardener Expense: 600.00
  • Parcel Number: 110050005
  • Year Built: 1965
  • Special Features: None

Interior Features

  • Fireplace: No
  • Stories: 2
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet, Laminate, Tile
  • Appliances: Yes
  • Entry Level: 1
  • Levels: Two
  • Price Per Square Foot: 351.83
  • Room Type: All Bedrooms Up, Kitchen, Living Room
  • Window Features: Double Pane Windows

Exterior Features

  • Direction Faces: West
  • Foundation: Slab
  • Fence: Yes
  • Fencing: Wood
  • Pool Private: No
  • Roof: Composition, Shingle
  • Spa: No
  • Construction Materials: Stucco, Wood Siding

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Assigned, Carport, Attached Carport
  • Total Parking Spaces: 6.00
  • Uncovered Spaces: 2.00

Utilities

  • Utilities: Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Gas Range
  • Heating Type: Wall Furnace
  • Laundry Features: Community
  • Pest Control Expense: 720.00
  • Sewer: Public Sewer
  • Trash Expense: 2160.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Corner Lot, Landscaped, Rectangular Lot, Level
  • Lot Size Sq Ft: 8712.00
  • Lot Size Acres: 0.2000
  • Latitude Manual: 33.87411800

Rental Info

  • Tenant Pays: Electricity

Multi Family

  • Fuel Expense: 1250.00
  • Gross Income: 78000.00
  • Gross Multiplier: 16.15
  • Gross Scheduled Income: 78000.00
  • Insurance Expense: 1849.00
  • Lot Size Area: 8712.0000 Square Feet
  • Maintenance Expense: 2954.00
  • Net Operating Income: 51608.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 1
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 4
  • Number With Range: 4
  • Operating Expense: 26392.00
  • Rent Control: No
  • Total Expenses: 26392.00

Tax Info

  • New Taxes Expense: 14219.00
  • Tax Census Tract: 417.03
  • Tax Lot: 5
  • Tax Tract Number: 2857
  • TaxOtherAnnualAssessmentAmount: 93.00

Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Agents Specializing in Central Corona, CA

See All Agents

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
$1,230,000 Stewart Title Guaranty Company
Dand Family Trust -- None Listed On Document
Dand Kevin $640,000 Stewart Title Of Ca Inc
Silva Jacinto -- North American Title Co
Silva Jacinto $660,000 North American Title Company
Munoz Obel $535,000 First American Title Co
Munoz Obel -- First American Title Co
Ramos Manuel $332,000 Fidelity Natl Title Ins Co
Whz Associates -- --
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 $922,500
Previous Owner Dand Kevin $281,000
Previous Owner Silva Jacinto $495,000
Previous Owner Munoz Obel $386,250
Previous Owner Ramos Manuel $265,600
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 Prior Sale
10/16/2024 10/16/24 Sold $1,230,000 -2.4% $352 / Sq Ft
09/04/2024 09/04/24 Pending -- -- --
08/26/2024 08/26/24 Price Changed $1,260,000 -3.0% $360 / Sq Ft
08/11/2024 08/11/24 Price Changed $1,299,000 -3.4% $372 / Sq Ft
07/26/2024 07/26/24 For Sale $1,345,000 +110.2% $385 / Sq Ft
12/16/2015 12/16/15 Sold $640,000 -1.5% $203 / Sq Ft View Prior Sale
11/02/2015 11/02/15 Pending -- -- --
10/30/2015 10/30/15 For Sale $650,000 -- $206 / 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
2026 $13,927 $1,254,600 $178,500 $1,076,100
2025 $8,333 $1,230,000 $175,000 $1,055,000
2023 $8,333 $728,207 $159,294 $568,913
2022 $8,067 $713,929 $156,171 $557,758
2021 $7,902 $699,931 $153,109 $546,822
2020 $7,816 $692,756 $151,540 $541,216
2019 $7,635 $679,173 $148,569 $530,604
2018 $7,464 $665,856 $145,656 $520,200
2017 $7,281 $652,800 $142,800 $510,000
2016 $7,211 $640,000 $140,000 $500,000
2015 $5,306 $472,500 $126,000 $346,500
2014 $4,970 $450,000 $120,000 $330,000
Source: Public Records

Agents Affiliated with this Home

  • Section Image
  • Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC24154090

California Regional Multiple Listing Service (CRMLS)

APN: 110-050-005

Your Personal Tour Guide

Ask me questions while you tour the home.