NOT LISTED FOR SALE

606 W 7th St Corona, CA 92882

Central Corona Neighborhood
6 Beds
4 Baths
2,600 Sq Ft
7,582 Sq Ft Lot

Last Sold April 18, 2014

Last sale price $520,000 $200 Per Sq Ft

326 Days on Market

Highlights

  • No HOA
  • Laundry Room
  • Ceiling Fan
  • Cooling System Mounted To A Wall/Window
  • Sliding Doors
  • Carpet

About This Home

As of April 2014

Motivated seller, Well maintained Building. located in the heart of Corona, closed to Free way 91 Grand Ave Exit, city Hall, shopping center, School, Charges well maintained quite neighborhood, on the border of Orange & Riverside County. Great location & Perfect for owner occupied or Investor. FHA APPROVED, Very Low Maintenance, Long Term Tenants. Recently remodeled 2 units have washer & dryer hook ups, 4 covered car-ports which can be convert to enclosed Garages for collecting higher rent, very potential property, easy to maintain, Single level with Secured gated play grand and Access to alley NO TENANT TURNOVER. THE UNITS ARE DEFINITELY GENERATING GOOD RENT.
PLEASE DO NOT CONTACT OCCUPANCE, JUST DRIVE BY.
Seller entertains offers from serious, qualified and reasonable buyers ONLY.
**********BACK ON THE MARKET with $55000 price reduction**********

Last Agent to Sell the Property

Matt Mirhadi

Preferred PropertyGroup Realty License #01018993 Listed on: 04/20/2013

Last Buyer's Agent

Abe Saldivar

Global Properties, Inc. License #01411388

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1964

Lot Details

  • 7,582 Sq Ft Lot
  • Two or More Common Walls
  • Block Wall Fence
  • Density is 2-5 Units/Acre

Home Design

  • Property Attached
  • Slab Foundation

Interior Spaces

  • 2,600 Sq Ft Home
  • Ceiling Fan
  • Sliding Doors
  • Carpet
  • Laundry Room

Bedrooms and Bathrooms

  • 6 Bedrooms
  • 4 Bathrooms

Parking

  • 4 Parking Spaces
  • 4 Carport Spaces
  • Parking Available

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Sewer Paid

Listing and Financial Details

  • Tenant pays for electricity, gas
  • Legal Lot and Block 8 / 125
  • Tax Tract Number 1
  • Assessor Parcel Number 117176003

Community Details

Overview

  • No Home Owners Association
  • 2 Buildings
  • 4 Units

Building Details

  • 4 Leased Units
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 4 Separate Water Meters
  • Gardener Expense $300
  • Insurance Expense $900
  • Trash Expense $960
  • Water Sewer Expense $2,400
  • New Taxes Expense $5,345
  • Gross Income $3,640
  • Net Operating Income $39,120

Property Details

Home Type

Multi-Family

Year Built

Built in 1964

Lot Details

0

Listing Details

  • Assessments: No
  • CapRate: 7.25
  • Inclusions: All Attache fixture & A/Cs
  • Property Attached: Yes
  • View: No
  • Water Sewer Expenses: 2400.00
  • Property Type: Residential Income
  • Gardener Expense: 300.00
  • Parcel Number: 117176003
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Ceiling Fan(s)
  • Common Walls: 2+ Common Walls
  • Flooring: Carpet
  • Door Features: Sliding Doors
  • Levels: One
  • Price Per Square Foot: 200.00

Exterior Features

  • Foundation: Slab
  • Fencing: Block
  • Builder Name: *
  • Pool Private: No
  • Spa: No

Garage/Parking

  • Carport Spaces: 4.00
  • Parking: Yes
  • Parking Features: Carport
  • Total Parking Spaces: 4.00

Utilities

  • Utilities: Sewer Connected
  • Laundry: Yes
  • Laundry Features: In Closet
  • Sewer: Sewer Paid
  • Trash Expense: 960.00
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Community Features: Sidewalks, Street Lights, Storm Drains

Lot Info

  • Lot Features: 2-5 Units/Acre
  • Lot Size Sq Ft: 7582.00
  • Lot Size Acres: 0.1740

Rental Info

  • Tenant Pays: Electricity, Gas

Multi Family

  • Gross Income: 3640.00
  • Gross Scheduled Income: 43680.00
  • Insurance Expense: 900.00
  • Lot Size Area: 7582.0000 Square Feet
  • Net Operating Income: 39120.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 4
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Number With Dishwasher: 4
  • Number With Disposal: 4
  • Number With Patio: 2
  • Number With Range: 4
  • Operating Expense: 4560.00
  • Rent Control: No
  • Total Actual Rent: 3640.00

Tax Info

  • New Taxes Expense: 5345.00
  • Tax Block: 125
  • Tax Lot: 8
  • Tax Tract Number: 1
  • Tax Year: 2011

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
Collateral Analytics

Collateral Analytics Collateral Analytics AVMs (Automated Valuation Model) employ a number of statistical approaches combined with neighborhood-specific comparable selection guarantees the most up-to-date and precise valuations.

Not Available

Collateral Analytics does not have data for the current month. Please view the chart for historical values.

ICE

ICE Mortgage Technology ICE Mortgage Technology’s AVM (Automated Valuation Model) is a state-of-the-art online residential property valuation tool that provides a quick and accurate estimate of the value of almost any home in the U.S.

Not Available

ICE Mortgage Technology does not have data for the current month. Please view the chart for historical values.

First American

First American First American Data & Analytics’ next-generation AVM combines unrivaled data assets with a blended ensemble of valuation models to produce highly accurate, reliable valuations you can trust.

Not Available

First American does not have data for the current month. Please view the chart for historical values.

Quantarium

Quantarium Quantarium’s valuation service, repeatedly proven the industry’s most accurate and comprehensive, is supercharged with a self-learning and auto-tuning AI engine that continually becomes smarter and more accurate as it processes daily inputs from the industry’s leading RE data lake.

Not Available

Quantarium does not have data for the current month. Please view the chart for historical values.

Average Value
Not Available
List Price
Sold Price
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

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/18/2014 04/18/14 Sold $520,000 -16.8% $200 / Sq Ft
03/12/2014 03/12/14 Pending -- -- --
04/20/2013 04/20/13 For Sale $625,000 +33.8% $240 / Sq Ft
10/15/2012 10/15/12 Sold $467,000 +46600.0% $146 / Sq Ft View Prior Sale
10/07/2012 10/07/12 Pending -- -- --
07/17/2012 07/17/12 Rented $1,000 +5.3% --
07/15/2012 07/15/12 Under Contract -- -- --
06/05/2012 06/05/12 For Rent $950 0.0% --
04/13/2012 04/13/12 For Sale $529,000 -- $165 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $7,022 $637,435 $136,063 $501,372
2023 $7,022 $612,685 $130,781 $481,904
2022 $6,798 $600,672 $128,217 $472,455
2021 $6,659 $588,895 $125,703 $463,192
2020 $6,586 $582,858 $124,415 $458,443
2019 $6,434 $571,430 $121,976 $449,454
2018 $6,290 $560,227 $119,585 $440,642
2017 $6,136 $549,243 $117,241 $432,002
2016 $6,076 $538,475 $114,943 $423,532
2015 $5,944 $530,388 $113,217 $417,171
2014 $5,175 $469,120 $115,522 $353,598
Source: Public Records

Agents Affiliated with this Home

  • Matt Mirhadi

    Seller's Agent in 2014

    Matt Mirhadi

    Preferred PropertyGroup Realty

    (949) 351-3364

    9 Total Sales

    Matt Mirhadi
    Section Image
  • Abe Saldivar

    Buyer's Agent in 2014

    Abe Saldivar

    Global Properties, Inc.

    (310) 795-7435

    3 Total Sales

    Abe Saldivar
    Section Image

  • B

    Seller's Agent in 2012

    Ben Bandari

    APEX Real Estate & Assoc.

    Section Image
See All Agents

Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: PW13071533

California Regional Multiple Listing Service (CRMLS)

APN: 117-176-003

California Riverside County Corona 92882 Central Corona

606 W 7th St, Corona, CA

Not Listed for Sale

MultiFamily

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.

California Regional Multiple Listing Service (CRMLS) 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

Nearby Homes