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

Sale Details

Date 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

  • 14,375 Sq Ft 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

0.33 Acres

Parking

2

Listing Details

  • 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
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





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
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

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 $10,660 $965,699 $297,138 $668,561
2023 $10,660 $928,200 $285,600 $642,600
2022 $895 $66,782 $34,544 $32,238
2021 $878 $65,473 $33,867 $31,606
2020 $870 $64,802 $33,520 $31,282
2019 $853 $63,532 $32,863 $30,669
2018 $837 $62,287 $32,219 $30,068
2017 $820 $61,067 $31,588 $29,479
2016 $810 $59,870 $30,969 $28,901
2015 $795 $58,972 $30,504 $28,468
2014 $775 $57,818 $29,907 $27,911
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

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