Seller's Agent in 2021
Eric Chen
CB RICHARD ELLIS
(909) 418-2030
2 in this area
60 Total Sales
610 W Grand Blvd Corona, CA 92882
Central Corona Neighborhood
5
Beds
4
Baths
5,935
Sq Ft
6,055
Sq Ft Lot
About This Home
As of December 2021610-612 W Grand Blvd is a rare, two-story, 11-unit mixed-use property. Built in 1974, the property is situated on a ±6,055 square foot lot with a total building size of ±5,935 square feet. The property offers an excellent unit mix of one-bedroom/one-bathroom, two-bedroom/one-bathroom and retail units averaging 540 square feet.
The property has recently undergone extensive exterior renovations such as a new pitched composition roof, new rain gutters, new exterior paint, recently re-sealed asphalt and new windows.
Units feature tile and/or laminate wood flooring, wall A/C and heat. Kitchens are equipped with oven/stoves. Select units have been recently renovated with new flooring, new kitchen cabinets, new granite kitchen counter tops, new paint, and new bathrooms. Select units include a private balcony. 610-612 W Grand Blvd has an on-site laundry facility and 12 surface parking spaces, three of which are reserved for the front retail units.
610-612 W Grand Blvd is a prime Corona property and a great long-term investment. The property is in a highly desirable area and offers stability for any type of investor whether it may be a first-time purchaser, seasoned investor, or those seeking a 1031 exchange opportunity.
Property Details
Home Type
- Multi-Family
Year Built
- Built in 1974
Lot Details
- 6,055 Sq Ft Lot
- Two or More Common Walls
- Density is 11-15 Units/Acre
Home Design
- 5,935 Sq Ft Home
- Property Attached
Bedrooms and Bathrooms
- 5 Bedrooms
- 4 Bathrooms
Laundry
- Laundry Room
Listing and Financial Details
- Tenant pays for electricity, gas
- Legal Lot and Block 12 / 59
- Tax Tract Number 41704
- Assessor Parcel Number 110102011
- $68 per year additional tax assessments
Community Details
Building Details
- 11 Leased Units
- 11 Separate Electric Meters
- 11 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $2,513
- Fuel Expense $173
- Insurance Expense $3,235
- Maintenance Expense $7,495
- Other Expense $2,200
- Pest Control $1,340
- Professional Management Expense $5,941
- Trash Expense $3,320
- Water Sewer Expense $7,397
- New Taxes Expense $22,340
- Operating Expense $58,053
- Gross Income $157,786
- Net Operating Income $91,844
Additional Features
- 11 Units
- Laundry Facilities
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 12/21/2021 12/21/21 | Sold | $2,005,000 | +0.5% | $338 / Sq Ft |
| 10/26/2021 10/26/21 | Pending | -- | -- | -- |
| 09/21/2021 09/21/21 | Price Changed | $1,995,000 | -5.0% | $336 / Sq Ft |
| 08/31/2021 08/31/21 | For Sale | $2,100,000 | +44.8% | $354 / Sq Ft |
| 09/16/2019 09/16/19 | Sold | $1,450,000 | -6.4% | $244 / Sq Ft |
| 07/18/2019 07/18/19 | Pending | -- | -- | -- |
| 07/08/2019 07/08/19 | For Sale | $1,549,000 | +35.9% | $261 / Sq Ft |
| 07/06/2017 07/06/17 | Sold | $1,140,000 | -2.4% | $192 / Sq Ft |
| 04/28/2017 04/28/17 | For Sale | $1,168,000 | +19.4% | $197 / Sq Ft |
| 09/02/2014 09/02/14 | Sold | $978,000 | -11.1% | $165 / Sq Ft |
| 07/23/2014 07/23/14 | Pending | -- | -- | -- |
| 10/15/2013 10/15/13 | For Sale | $1,100,000 | -- | $185 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
Agents Affiliated with this Home
-
-
Seller's Agent in 2017
David Covarrubias
MARCUS & MILLICHAP
(909) 456-3400
46 Total Sales
-
Seller Co-Listing Agent in 2017
Douglas McCauley
MARCUS & MILLICHAP
(909) 456-3493
44 Total Sales
-
Seller's Agent in 2014
Albert Le
LE INVESTMENT GROUP
(909) 256-7889
26 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: CV21192846
APN: 110-102-011
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.
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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