NOT LISTED FOR SALE

Estimated Value: $609,000 - $1,093,150

9 Beds
5 Baths
3,037 Sq Ft
$291/Sq Ft Est. Value

Sale Details

Date Sold: March 16, 2021

Last sale price $852,500 $281 Per Sq Ft

Est. 4% increase in value since last sale

Current estimated payment $5,620 / mo

19 Days on Market

Highlights

  • Rectangular Lot
  • Centennial High School Rated A-
  • No Heating

About This Home

As of March 2021

Fully Turnkey Triplex located in the heart of Corona! Front unit has 3 bedrooms and 2 bathrooms , middle unit has 3 bedrooms and 2 bathrooms , back unit has 3 bedrooms and 1 bathroom. All units with Tile or Laminate Flooring, Updated Bathrooms, lighting, interior and exterior Paint. The Property is a true example of passive head-ache free income! Also each unit has a 1 car garage and there's also plenty of parking spaces behind middle unit. Close to shopping, restaurants, and 15 and 91 fwys. Property is located in the well sought after community of Corona, due to it being the fastest growing cities in the region. This is also a good opportunity for buyers who would like to live in one of the units, and rent out the remaining two! Come see it before its gone!

Last Agent to Sell the Property

Prashant Sampat

Pacific Avenue Realty License #01916221 Listed on: 01/20/2021

Last Buyer's Agent

Ryan Hutchison

Price Real Estate Group, Inc License #01462648

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1900

Lot Details

  • 7,841 Sq Ft Lot
  • No Common Walls
  • Rectangular Lot

Parking

  • 3 Car Garage

Interior Spaces

  • 3,037 Sq Ft Home
  • 2-Story Property

Bedrooms and Bathrooms

  • 9 Bedrooms
  • 5 Bathrooms

Laundry

  • Laundry in unit
  • Washer and Electric Dryer Hookup

Additional Features

  • Exterior Lighting
  • Suburban Location
  • No Heating

Listing and Financial Details

  • Legal Lot and Block 8 / 118
  • Tax Tract Number 416
  • Assessor Parcel Number 117195002

Community Details

Overview

  • 3 Units

Building Details

  • 3 Separate Electric Meters
  • 3 Separate Gas Meters
  • 1 Separate Water Meter
  • Insurance Expense $1,200
  • Trash Expense $996
  • Water Sewer Expense $3,600
  • New Taxes Expense $9,352
  • Operating Expense $15,915
  • Gross Income $60,000
  • Net Operating Income $44,085

Property Details

Home Type

Multi-Family

Year Built

Built in 1900

Lot Details

7,841 Sq Ft Lot

Parking

3

Listing Details

  • CapRate: 5.19
  • Property Attached: No
  • Water Sewer Expenses: 3600.00
  • Zoning: CP
  • Property Type: Residential Income
  • Parcel Number: 117195002
  • Year Built: 1900
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Stories: 2
  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 280.70

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 3.00
  • Total Parking Spaces: 3.00

Utilities

  • Heating: No
  • Laundry: Yes
  • Laundry Features: Electric Dryer Hookup, Washer Hookup
  • Sewer: Public Sewer
  • Trash Expense: 996.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Community Features: Storm Drains, Street Lights, Suburban

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Rectangular Lot
  • Lot Size Sq Ft: 7841.00
  • Lot Size Acres: 0.1800

Multi Family

  • Gross Income: 60000.00
  • Gross Multiplier: 14.16
  • Gross Scheduled Income: 60000.00
  • Insurance Expense: 1200.00
  • Lot Size Area: 7841.0000 Square Feet
  • Net Operating Income: 44085.00
  • Number Of Separate Electric Meters: 3
  • Number Of Separate Gas Meters: 3
  • Number Of Separate Water Meters: 1
  • Number Of Units Total: 3
  • Operating Expense: 15195.00
  • Rent Control: No
  • Total Expenses: 15915.00

Tax Info

  • New Taxes Expense: 9352.00
  • Tax Block: 118
  • Tax Census Tract: 416.00
  • Tax Lot: 8
  • Tax Tract Number: 0416.0

Ownership 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 Name Owned For Owner Type

Purchase Details

Closed on
Mar 28, 2022
Sold by
Bought by
Current Estimated Value
$884,288

Purchase Details

Listed on
Jan 20, 2021
Closed on
Feb 11, 2021
Sold by
Bought by
Seller's Agent
Prashant Sampat
Pacific Avenue Realty
Buyer's Agent
Ryan Hutchison
Price Real Estate Group, Inc
List Price
$849,888
Sold Price
$852,500
Premium/Discount to List
$2,612
0.31%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.70%
Original Mortgage
$639,375
Interest Rate
2.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 29, 2019
Closed on
Oct 16, 2019
Sold by
Bought by
Seller's Agent
Rosa Elena Ortiz
KW College Park
Buyer's Agent
Prashant Sampat
Pacific Avenue Realty
List Price
$658,000
Sold Price
$632,000
Premium/Discount to List
-$26,000
-3.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
24.22%
Original Mortgage
$468,750
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Listed on
Apr 29, 2019
Closed on
Oct 2, 2019
Sold by
Bought by
Seller's Agent
Rosa Elena Ortiz
KW College Park
Buyer's Agent
Prashant Sampat
Pacific Avenue Realty
List Price
$658,000
Sold Price
$632,000
Premium/Discount to List
-$26,000
-3.95%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$468,750
Interest Rate
3.7%
Mortgage Type
New Conventional

Purchase Details

Closed on
Aug 15, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,461
Interest Rate
7.19%
Mortgage Type
FHA

Purchase Details

Closed on
Aug 6, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,461
Interest Rate
7.19%
Mortgage Type
FHA

Purchase Details

Closed on
Jul 25, 2001
Sold by
Bought by

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$225,461
Interest Rate
7.19%
Mortgage Type
FHA
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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
-- None Listed On Document
$852,500 Priority Title
-- Lawyers Title
$632,000 Lawyers Title
-- First American Title Co
-- First American Title Co
$229,000 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
Previous Owner $639,375
Previous Owner $468,750
Previous Owner $225,461
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 Prior Sale
03/16/2021 03/16/21 Sold $852,500 +0.3% $281 / Sq Ft
02/08/2021 02/08/21 Pending -- -- --
01/20/2021 01/20/21 For Sale $849,888 +34.5% $280 / Sq Ft
10/31/2019 10/31/19 Sold $632,000 -4.0% $325 / Sq Ft View Prior Sale
10/23/2019 10/23/19 For Sale $658,000 0.0% $339 / Sq Ft
09/28/2019 09/28/19 Pending -- -- --
09/28/2019 09/28/19 Price Changed $658,000 -1.8% $339 / Sq Ft
09/21/2019 09/21/19 Pending -- -- --
06/17/2019 06/17/19 Price Changed $670,000 -4.1% $345 / Sq Ft
04/29/2019 04/29/19 For Sale $699,000 -- $360 / 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
2025 $10,452 $922,772 $270,608 $652,164
2023 $10,110 $886,941 $260,100 $626,841
2022 $9,790 $869,550 $255,000 $614,550
2021 $7,206 $638,547 $75,777 $562,770
2020 $7,127 $632,000 $75,000 $557,000
2019 $3,444 $303,246 $86,069 $217,177
2018 $3,367 $297,301 $84,382 $212,919
2017 $3,285 $291,473 $82,728 $208,745
2016 $3,253 $285,758 $81,106 $204,652
2015 $3,183 $281,468 $79,889 $201,579
2014 $3,069 $275,956 $78,325 $197,631
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21001534

California Regional Multiple Listing Service (CRMLS)

APN: 117-195-002

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