1270 W 9th St Corona, CA 92882
Central Corona NeighborhoodEstimated payment $8,047/month
Highlights
- No HOA
- Laundry Room
- Turnkey
- Cooling System Mounted To A Wall/Window
- Tile Flooring
- Wood Fence
About This Home
1270 W 9th St is a rare investment opportunity featuring strong current rents with room for upside—especially with one unit delivered vacant at close can go straight to Market Rent! This remodeled 4-unit apartment building is ideally located just minutes from the 91 Freeway in the high-demand city of Corona, CA, on the edge of Orange County. It is located within 2-2.5 miles of BOTH North Main and West Corona Metrolink stations. EACH unit has 2 bedrooms, 1.5 bath, and 1 carport. Owner has updated all units with new flooring, Kitchens, bathrooms, windows, front metal door, Ac's and much more! Updates have been made in all 4 units. Surrounded by key amenities including shopping, dining, parks, hiking trails, Lake Mathews, and even nearby beaches, this property is well-positioned to attract higher-income tenants seeking affordable housing near major employment hubs. With a 76 Walk Score and only 5 minutes from the Metrolink, it’s a commuter-friendly location that appeals to tenants working throughout the Inland Empire and Orange County. Landlord to pay for water and trash. Click supplementals to see the memorandum
Listing Agent
Pacific Avenue Realty Brokerage Phone: 562-841-0227 License #01916221 Listed on: 06/16/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $12,076
Year Built
- Built in 1965
Lot Details
- 7,841 Sq Ft Lot
- Two or More Common Walls
- Wood Fence
- Density is up to 1 Unit/Acre
Home Design
- Quadruplex
- Turnkey
Interior Spaces
- 3,496 Sq Ft Home
- 2-Story Property
- Tile Flooring
- Free-Standing Range
- Laundry Room
Bedrooms and Bathrooms
- 8 Bedrooms
- 8 Bathrooms
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Parking
- 4 Parking Spaces
- 4 Carport Spaces
- Parking Available
Utilities
- Cooling System Mounted To A Wall/Window
- Wall Furnace
- Phone Available
- Cable TV Available
Listing and Financial Details
- Tax Lot 7
- Tax Tract Number 2857
- Assessor Parcel Number 110050007
- $83 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 3 Leased Units
- Rent Control
- 4 Separate Electric Meters
- 4 Separate Gas Meters
- Insurance Expense $2,800
- Trash Expense $2,040
- Water Sewer Expense $3,600
- New Taxes Expense $14,150
- Operating Expense $28,285
- Gross Income $99,828
- Net Operating Income $71,543
Map
Home Values in the Area
Average Home Value in this Area
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 | $12,076 | $1,997,568 | $208,080 | $1,789,488 |
| 2023 | $12,076 | $1,060,000 | $200,000 | $860,000 |
| 2022 | $8,645 | $766,308 | $126,141 | $640,167 |
| 2021 | $8,474 | $751,283 | $123,668 | $627,615 |
| 2020 | $8,381 | $743,580 | $122,400 | $621,180 |
| 2019 | $2,736 | $238,827 | $63,668 | $175,159 |
| 2018 | $2,675 | $234,145 | $62,421 | $171,724 |
| 2017 | $2,611 | $229,555 | $61,198 | $168,357 |
| 2016 | $2,585 | $225,055 | $59,999 | $165,056 |
| 2015 | $2,530 | $221,677 | $59,099 | $162,578 |
| 2014 | $2,441 | $217,338 | $57,943 | $159,395 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 07/19/2025 07/19/25 | Pending | -- | -- | -- |
| 06/16/2025 06/16/25 | For Sale | $1,275,000 | +20.3% | $365 / Sq Ft |
| 12/16/2022 12/16/22 | Sold | $1,060,000 | -6.6% | $303 / Sq Ft |
| 10/28/2022 10/28/22 | Pending | -- | -- | -- |
| 08/08/2022 08/08/22 | For Sale | $1,135,000 | +55.7% | $325 / Sq Ft |
| 06/14/2019 06/14/19 | Sold | $729,000 | -1.5% | $182 / Sq Ft |
| 04/08/2019 04/08/19 | Pending | -- | -- | -- |
| 03/26/2019 03/26/19 | Price Changed | $739,900 | -1.3% | $185 / Sq Ft |
| 02/28/2019 02/28/19 | Price Changed | $750,000 | -3.8% | $188 / Sq Ft |
| 02/15/2019 02/15/19 | For Sale | $779,900 | 0.0% | $195 / Sq Ft |
| 02/06/2019 02/06/19 | Pending | -- | -- | -- |
| 01/17/2019 01/17/19 | For Sale | $779,900 | -- | $195 / Sq Ft |
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | -- | None Listed On Document | |
| Grant Deed | $1,060,000 | Fidelity National Title | |
| Interfamily Deed Transfer | -- | Ticor | |
| Grant Deed | $729,000 | Ticor Title Riverside | |
| Interfamily Deed Transfer | -- | Progressive | |
| Interfamily Deed Transfer | -- | -- | |
| Interfamily Deed Transfer | -- | Equity Title Company | |
| Grant Deed | -- | United Title Company |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $782,000 | New Conventional | |
| Previous Owner | $795,000 | New Conventional | |
| Previous Owner | $546,750 | New Conventional | |
| Previous Owner | $414,000 | New Conventional | |
| Previous Owner | $290,000 | Commercial | |
| Previous Owner | $225,000 | Commercial | |
| Previous Owner | $120,000 | Commercial |
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: OC25120291
APN: 110-050-007
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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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