L
Seller's Agent in 2025
Liane Thomas
Alta Realty Group
(951) 454-3805
6 in this area
118 Total Sales
409 S Merrill St Corona, CA 92882
Central Corona Neighborhood
5
Beds
2
Baths
2,308
Sq Ft
7,405
Sq Ft Lot
Highlights
- No Units Above
- Level Lot
- No Heating
- Laundry Room
- Carpet
- 2-minute walk to Sheridan Park
About This Home
As of October 2025Amazing opportunity to own a triplex in Corona!
First time ever on the market, there is a three bedroom, 1 bath home in the front.
The front unit has its own front and backyard, and an attached garage.
There is also a duplex in the back. Each side of the duplex has two bedrooms and one bath.
Each unit has private parking and private entry.
ARV is close to $1M, selling Cash or hard money only, will not qualify for financing.
Front unit address 409 S. Merrill
Back units are 411A/411B S Merrill
Last Agent to Sell the Property
Alta Realty Group Brokerage Phone: 951-454-3805 License #01704162 Listed on: 10/02/2025
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1956
Lot Details
- 7,405 Sq Ft Lot
- No Units Above
- No Units Located Below
- 1 Common Wall
- Level Lot
Parking
- 5 Open Parking Spaces
- 2 Car Garage
Home Design
- Triplex
- Entry on the 1st floor
Interior Spaces
- 2,308 Sq Ft Home
- 1-Story Property
- Laundry Room
Flooring
- Carpet
- Vinyl
Bedrooms and Bathrooms
- 5 Bedrooms
- 2 Bathrooms
Location
- Suburban Location
Utilities
- No Heating
- Sewer Paid
Listing and Financial Details
- Legal Lot and Block 9 / 152
- Tax Tract Number 133
- Assessor Parcel Number 117133003
- $74 per year additional tax assessments
Community Details
Overview
- 2 Buildings
- 3 Units
Building Details
- 3 Separate Electric Meters
- 3 Separate Gas Meters
- 1 Separate Water Meter
- Insurance Expense $3,600
- Trash Expense $500
- Water Sewer Expense $3,100
- Operating Expense $7,200
- Gross Income $80,400
- Net Operating Income $73,200
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Oct 2, 2025
Closed on
Oct 8, 2025
Sold by
Family Trust Of Frances Cal Nolan and Nolan Frank J
Bought by
Swpp Llc
Seller's Agent
Liane Thomas
Alta Realty Group
Buyer's Agent
Frank Baldwin
Keller Williams Realty
List Price
$600,000
Sold Price
$565,000
Premium/Discount to List
-$35,000
-5.83%
Views
8
Current Estimated Value
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$33,075
Avg. Annual Appreciation
18.81%
Purchase Details
Closed on
Oct 5, 2006
Sold by
Nolan Frances C
Bought by
Nolan Frances Cal and Family Trust Of Frances Cal Nolan
Purchase Details
Closed on
Jan 4, 2006
Sold by
Rico Frank
Bought by
Rico Frank and Frank Rico Living Trust
Purchase Details
Closed on
Aug 13, 2002
Sold by
Rico Rebecca Victoria
Bought by
Rico Frank
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$190,000
Interest Rate
6.22%
Mortgage Type
Commercial
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
Home Values in the Area
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $565,000 | Lawyers Title | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | First American Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $190,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 10/10/2025 10/10/25 | Sold | $565,000 | -5.8% | $245 / Sq Ft |
| 10/03/2025 10/03/25 | Pending | -- | -- | -- |
| 10/02/2025 10/02/25 | For Sale | $600,000 | -- | $260 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
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 | $1,281 | $110,961 | $39,940 | $71,021 |
| 2023 | $1,281 | $106,654 | $38,390 | $68,264 |
| 2022 | $1,242 | $104,564 | $37,638 | $66,926 |
| 2021 | $1,217 | $102,514 | $36,900 | $65,614 |
| 2020 | $1,204 | $101,464 | $36,522 | $64,942 |
| 2019 | $1,177 | $99,475 | $35,806 | $63,669 |
| 2018 | $1,152 | $97,525 | $35,104 | $62,421 |
| 2017 | $1,126 | $95,614 | $34,416 | $61,198 |
| 2016 | $1,114 | $93,741 | $33,742 | $59,999 |
| 2015 | $1,091 | $92,335 | $33,236 | $59,099 |
| 2014 | $1,055 | $90,529 | $32,586 | $57,943 |
Source: Public Records
Agents Affiliated with this Home
-
Liane Thomas
-
Frank Baldwin
Buyer's Agent in 2025
Frank Baldwin
Keller Williams Realty
(951) 227-1811
7 in this area
92 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: IG25230803
APN: 117-133-003
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The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. ("CRMLS") and is protected by all applicable copyright laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional.
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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