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
3
Beds
3
Baths
5,933
Sq Ft
6,055
Sq Ft Lot
About This Home
As of December 2021This is an opportunity to acquire this Mixed-Use Apartment Building, an 11-unit property located in Corona, California. Built in 1974, this property has a unit mix of 8 - one bedroom/one bathroom units, 1 - two bedroom/one bathroom unit and 2 retail store front units. One retail unit is occupied and one is vacant. The units are individually metered for gas and electricity and amenities include: open space parking (12) and a laundry room. The Corona Apartments are conveniently located near national retailers, new development, employment centers, major freeways and public transportation.
Corona industrial base has played an important role in growth of the City and its employee base. Corona's economy is strong and getting stronger! There are more than 42,000 jobs within the city of Corona and there is a workforce of more than 84,000. Corona has more than 34 million square feet of industrial space and more than 3 million square feet of office space existing under construction, or planned. Corona is becoming a true infill market.
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
- Property Attached
Interior Spaces
- 5,933 Sq Ft Home
- 2-Story Property
Bedrooms and Bathrooms
- 3 Bedrooms
- 3 Bathrooms
Listing and Financial Details
- Tax Lot 110
- Tax Tract Number 102
- Assessor Parcel Number 110102011
Community Details
Overview
- No Home Owners Association
- 11 Units
Building Details
- 10 Separate Electric Meters
- 11 Separate Gas Meters
- 1 Separate Water Meter
- Electric Expense $1,576
- Gardener Expense $1,500
- Insurance Expense $2,813
- Maintenance Expense $7,000
- Pest Control $370
- Professional Management Expense $5,573
- Trash Expense $3,055
- Water Sewer Expense $8,312
- New Taxes Expense $12,754
- Operating Expense $43,081
- Gross Income $122,349
- Net Operating Income $68,377
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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: CV17092160
APN: 110-102-011
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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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