NOT LISTED FOR SALE
5 Beds
5 Baths
3,111 Sq Ft
0.33 Acres

Last Sold May 31, 2022

Last sale price $910,000 $293 Per Sq Ft

19 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • 1-Story Property
  • Centennial High School Rated A-
  • Front Yard
  • 3-minute walk to Victoria Park

About This Home

As of May 2022

This Corona Investment property is one of a kind. There are 5 separate units currently being rented out. Four 1 bedroom studios with their own laundry at 637 square feet each. One 1 bedroom studio with its own laundry at 563 square feet. The property has a lot of parking with carports and a two-car garage. Come see this Great Opportunity.

Last Agent to Sell the Property

Jesse Ramirez

Re/Max Partners License #01249455 Listed on: 03/23/2022

Re/Max Partners

Last Buyer's Agent

Shahid Jalal

Gold Team Realty License #01385512

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1955

Lot Details

  • 0.33 Acre Lot
  • No Common Walls
  • Front Yard

Parking

  • 2 Car Garage
  • 3 Carport Spaces

Interior Spaces

  • 3,111 Sq Ft Home
  • 1-Story Property
  • Laundry Room

Bedrooms and Bathrooms

  • 5 Bedrooms
  • 5 Bathrooms

Listing and Financial Details

  • Tenant pays for cable TV, electricity, gas
  • Legal Lot and Block 12 / 116
  • Tax Tract Number 2345
  • Assessor Parcel Number 117206012
  • $146 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 3 Buildings
  • 5 Units

Building Details

  • 5 Separate Electric Meters
  • 5 Separate Gas Meters
  • Insurance Expense $1,200
  • Maintenance Expense $800
  • Trash Expense $600
  • Water Sewer Expense $2,400
  • Operating Expense $6,000
  • Gross Income $49,500
  • Net Operating Income $3,625

Property Details

Home Type

Multi-Family

Year Built

Built in 1955

Lot Details

0

Parking

2

Listing Details

  • Price Per Unit: 199998
  • Property Attached: No
  • Water Sewer Expenses: 2400.00
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 117206012
  • Year Built: 1955
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 1
  • Common Walls: No Common Walls
  • Levels: One
  • Price Per Square Foot: 292.51

Exterior Features

  • Pool Private: No

Garage/Parking

  • Carport Spaces: 3.00
  • Garage Spaces: 2.00
  • Total Parking Spaces: 5.00

Utilities

  • Laundry: Yes
  • Laundry Features: Individual Room
  • Sewer: Public Sewer
  • Trash Expense: 600.00
  • Water Source: Public

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Sidewalks, Storm Drains

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Front Yard, Lot 10000-19999 Sqft
  • Lot Size Sq Ft: 14375.00
  • Lot Size Acres: 0.3300
  • Latitude Manual: 33.87302400

Rental Info

  • Tenant Pays: Cable TV, Electricity, Gas

Multi Family

  • Average Studio Area: 637 Square Feet
  • Gross Income: 49500.00
  • Gross Scheduled Income: 4537.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 14375.0000 Square Feet
  • Maintenance Expense: 800.00
  • Net Operating Income: 3625.00
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Units Total: 5
  • Operating Expense: 500.00
  • Rent Control: No
  • Total Expenses: 6000.00

Tax Info

  • Tax Block: 116
  • Tax Census Tract: 416.00
  • Tax Lot: 12
  • Tax Tract Number: 2345
  • TaxOtherAnnualAssessmentAmount: 146.00

Range of Values:

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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 List to Sale Price per Sq Ft
05/31/2022 05/31/22 Sold $910,000 -9.0% $293 / Sq Ft
04/11/2022 04/11/22 Pending -- -- --
03/31/2022 03/31/22 For Sale $999,990 0.0% $321 / Sq Ft
03/25/2022 03/25/22 Pending -- -- --
03/23/2022 03/23/22 For Sale $999,990 0.0% $321 / Sq Ft
01/20/2012 01/20/12 Rented $760 -1.9% --
01/20/2012 01/20/12 Under Contract -- -- --
11/04/2011 11/04/11 For Rent $775 -- --
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: IG22058327

California Regional Multiple Listing Service (CRMLS)

APN: 117-206-012