Judy Sailors
EXP REALTY OF CALIFORNIA INC.
(909) 675-0971
68 Total Sales
1 in Central Corona
$520,000 Price
523 W 7th St Corona, CA 92882
Central Corona Neighborhood
13
Beds
10
Baths
13,900
Sq Ft
0.5
Acre Lot
Highlights
- 0.5 Acre Lot
- No HOA
- Laundry Facilities
- Corner Lot
- Central Heating and Cooling System
About This Home
As of June 2016Built in 1991 with pitched roofs, the subject property features six 3 bedroom 2 baths; two 2 bedroom 2 baths; two 2 bedroom 1.5 baths and four 1 bedroom 1 bath apartment homes. Tenant amenities include individual water heaters, central air-conditioning and heat, washer & dryer connections for tenants, enclosed garages, patios, balconies, fireplaces and a central common area. The superior amenities attract long-term tenants; produce solid rents, and occupancy. Good location within a quiet residential neighborhood; one block from City Hall, the Corona Regional Medical Center, and walking distance to the Public Library. Bordering the city of Yorba Linda and Anaheim Hills, Corona has become a suburb to Orange County with continuous economic growth over the years. An industrial infrastructure has played an important role in the growth of the city and its employee base giving apartment owners a strong tenant pool to draw from. This opportunity is an ideal investment for an investor looking for a newer built apartment building with condo type amenities and stable cash flow from long-term tenants.
Last Agent to Sell the Property
Investment Capital Real Estate License #01379930 Listed on: 10/13/2015
Last Buyer's Agent
Investment Capital Real Estate License #01379930 Listed on: 10/13/2015
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Property Details
Home Type
- Multi-Family
Year Built
- Built in 1991
Lot Details
- 21,780 Sq Ft Lot
- Two or More Common Walls
- Corner Lot
Parking
- 11 Car Garage
Home Design
- 13,900 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 13 Bedrooms
- 10 Bathrooms
Additional Features
- Washer and Electric Dryer Hookup
- Central Heating and Cooling System
Listing and Financial Details
- Tenant pays for electricity, gas
- Tax Lot 007
- Tax Tract Number 172
- Assessor Parcel Number 117172007
Community Details
Overview
- No Home Owners Association
- 14 Units
Amenities
- Laundry Facilities
Building Details
- 14 Leased Units
- 15 Separate Electric Meters
- 14 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $800
- Gardener Expense $1,500
- Insurance Expense $4,270
- Maintenance Expense $3,920
- Trash Expense $3,500
- Water Sewer Expense $12,500
- New Taxes Expense $32,700
- Gross Income $17,498
- Net Operating Income $144,337
Home Values in the Area
Average Home Value in this Area
Agents Specializing in Central Corona, CA
-
Judy Sailors
-
John Simcoe
John Simcoe
Keller Williams Realty
(951) 476-2949
178 Total Sales
5 in Central Corona
$360K - $780K Price Range
-
Jennifer Collins
Jennifer Collins
Compass
(925) 396-8588
91 Total Sales
1 in Central Corona
$460,000 Price
-
Marta Liceaga
Marta Liceaga
Enstone Investments Inc
(747) 255-6032
158 Total Sales
1 in Central Corona
$410,000 Price
-
ZACHARY BLOUNT
ZACHARY BLOUNT
OMEGA REAL ESTATE
(951) 877-5325
45 Total Sales
1 in Central Corona
$410,000 Price
-
Jared Nuñez
Jared Nuñez
Alchemy Realty Inc
(562) 568-7742
142 Total Sales
3 in Central Corona
$699K - $798K Price Range
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 |
|---|---|---|---|
| -- | California Best Title Co Inc | ||
| Lin Mishelle | -- | Fidelity National Title | |
| Lin Angel P | -- | Fidelity National Title | |
| Lin Julie | -- | Fidelity National Title | |
| Lin Angel | $2,665,000 | Fidelity National Title | |
| French Villa Llc | -- | Stewart Title Of Ca Inc | |
| Gaffoor Mahomed E | $1,325,000 | Stewart Title | |
| Singh Parminder | -- | Stewart Title | |
| Gaffoor Mahomed E | -- | Stewart Title | |
| Corona French Quarter Llc | -- | First American Title Co |
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 | $1,820,000 | ||
| Previous Owner | Lin Angel | $1,332,500 | |
| Previous Owner | French Villa Llc | $1,200,000 | |
| Previous Owner | French Villa Llc | $1,275,000 | |
| Previous Owner | Gaffoor Mahomed E | $1,060,000 | |
| Previous Owner | Corona French Quarter Llc | $5,946,800 |
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 |
|---|---|---|---|---|
| 06/27/2016 06/27/16 | Sold | $2,680,000 | -1.7% | $193 / Sq Ft |
| 03/09/2016 03/09/16 | Pending | -- | -- | -- |
| 10/13/2015 10/13/15 | For Sale | $2,725,000 | -- | $196 / 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 | $39,044 | $3,517,903 | $470,857 | $3,047,046 |
| 2025 | $37,764 | $3,448,925 | $461,625 | $2,987,300 |
| 2023 | $37,764 | $3,315,000 | $443,700 | $2,871,300 |
| 2022 | $36,569 | $3,250,000 | $435,000 | $2,815,000 |
| 2021 | $32,637 | $2,914,564 | $464,796 | $2,449,768 |
| 2020 | $32,275 | $2,884,680 | $460,031 | $2,424,649 |
| 2019 | $31,523 | $2,828,118 | $451,011 | $2,377,107 |
| 2018 | $30,800 | $2,772,666 | $442,170 | $2,330,496 |
| 2017 | $30,039 | $2,718,300 | $433,500 | $2,284,800 |
| 2016 | $17,727 | $1,585,500 | $367,500 | $1,218,000 |
| 2015 | $16,765 | $1,510,000 | $350,000 | $1,160,000 |
| 2014 | $16,463 | $1,510,000 | $350,000 | $1,160,000 |
Source: Public Records
Agents Affiliated with this Home
-
Ignacio Diaz Jr
ID
Seller's Agent in 2016
Ignacio Diaz Jr
Investment Capital Real Estate
(949) 201-8817
14 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: NP15224375
APN: 117-172-007
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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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