NOT LISTED FOR SALE

7979 Minnesota Rd Unit A Corona, CA 92881

El Cerrito Neighborhood
12 Beds
6 Baths
4,500 Sq Ft
0.5 Acre Lot

Sale Details

Date Sold: March 6, 2026

Last sale price $1,225,000 $272 Per Sq Ft

136 Days on Market

Highlights

  • No HOA
  • Galley Kitchen
  • Landscaped
  • El Cerrito Middle School Rated A-
  • Cooling System Mounted To A Wall/Window
  • Vinyl Flooring

About This Home

As of March 2026

A truly unique offering in the Corona market, this six-unit multifamily property is a rare find for a savvy investor. There are no other properties of this size on the market, making this an unparalleled chance to acquire a significant, income-generating asset. This is a turnkey investment with all six units currently occupied by tenants, providing immediate, stable cash flow from day one. The property consists of six identical units, each featuring a spacious 2-bedroom, 1-bathroom layout. A dedicated single-car garage for each unit adds significant value and tenant appeal. While the location may not be considered prime, this property's high-occupancy history and consistent rental income showcase its proven performance and strong cash flow. This is a perfect opportunity for a strategic buyer to expand their portfolio and benefit from a high-yield asset that is insulated from the volatility of single-family rentals. The unique size of this property means less competition and a higher barrier to entry, protecting your investment for the long term.

Last Agent to Sell the Property

Jake Bullock

Bullock Russell RE Services Brokerage Phone: 949-293-7679 License #02054323 Listed on: 09/06/2025

Bullock Russell RE Services

Last Buyer's Agent

Joshua Glaz

The Ave License #01856858

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1958

Lot Details

  • 21,780 Sq Ft Lot
  • 1 Common Wall
  • Landscaped

Parking

  • 6 Car Garage
  • Parking Available
  • Front Facing Garage
  • Single Garage Door
  • Driveway

Home Design

  • Duplex
  • Entry on the 1st floor

Interior Spaces

  • 4,500 Sq Ft Home
  • 1-Story Property
  • Family Room with Fireplace
  • Vinyl Flooring
  • Laundry in Garage

Kitchen

  • Galley Kitchen
  • Free-Standing Range

Bedrooms and Bathrooms

  • 12 Bedrooms
  • 6 Bathrooms

Outdoor Features

  • Exterior Lighting

Utilities

  • Cooling System Mounted To A Wall/Window
  • Wall Furnace
  • Natural Gas Connected
  • Electric Water Heater
  • Shared Septic

Listing and Financial Details

  • Tenant pays for trash collection, electricity
  • Tax Lot 28
  • Tax Tract Number 419
  • Assessor Parcel Number 277110062
  • $90 per year additional tax assessments

Community Details

Overview

  • No Home Owners Association
  • 4 Buildings
  • 6 Units

Building Details

  • 6 Leased Units
  • 6 Separate Electric Meters
  • 6 Separate Gas Meters
  • 1 Separate Water Meter
  • Gardener Expense $1,200
  • Insurance Expense $12,052
  • Water Sewer Expense $1,596
  • Operating Expense $39,813
  • Gross Income $101,316
  • Net Operating Income $61,503

Property Details

Home Type

Multi-Family

Year Built

Built in 1958

Lot Details

0.5 Acres

Parking

6

Listing Details

  • Property Attached: Yes
  • Subdivision Name Other: cust
  • Water Sewer Expenses: 1596.00
  • Zoning: R-A-1
  • Property Sub Type: Duplex
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 277110062
  • Year Built: 1958
  • Special Features: None

Interior Features

  • Fireplace: Yes
  • Stories: 1
  • Common Walls: 1 Common Wall
  • Flooring: Vinyl
  • Appliances: Yes
  • Entry Level: 1
  • Fireplace Features: Family Room
  • Price Per Square Foot: 272.22
  • Room Type: All Bedrooms Down, Family Room, Galley Kitchen

Exterior Features

  • Pool Private: No
  • Spa: No

Garage/Parking

  • Garage Spaces: 6.00
  • Parking: Yes
  • Parking Features: Garage - Single Door, Garage Faces Front, Driveway
  • Total Parking Spaces: 6.00

Utilities

  • Utilities: Natural Gas Connected, Electricity Connected, Water Connected
  • Heating: Yes
  • Laundry: Yes
  • Appliances: Electric Water Heater, Refrigerator, Free-Standing Range
  • Heating Type: Wall Furnace
  • Laundry Features: In Garage
  • Sewer: Shared Septic
  • Water Source: Public
  • Cooling: Wall/Window Unit(s)
  • Cooling: Yes

Condo/Co-op/Association

  • Association: No
  • Senior Community: No
  • Community Features: Street Lights

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Landscaped
  • Lot Size Sq Ft: 21780.00
  • Lot Size Acres: 0.5000

Rental Info

  • Tenant Pays: Trash Collection, Electricity

Multi Family

  • Gross Income: 101316.00
  • Gross Scheduled Income: 107386.00
  • Insurance Expense: 12052.00
  • Lot Size Area: 21780.0000 Square Feet
  • Net Operating Income: 61503.00
  • Number Of Separate Electric Meters: 6
  • Number Of Separate Gas Meters: 6
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 6
  • Number Of Units Total: 6
  • Operating Expense: 39813.00
  • Rent Control: No
  • Total Expenses: 39813.00

Tax Info

  • Tax Census Tract: 419.09
  • Tax Lot: 28
  • Tax Tract Number: 419.09
  • TaxOtherAnnualAssessmentAmount: 90.00

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

Listed on
Sep 6, 2025
Closed on
Feb 7, 2026
Sold by
Bought by
Seller's Agent
Jake Bullock
Bullock Russell RE Services
Buyer's Agent
Joshua Glaz
The Ave
List Price
$1,610,000
Sold Price
$1,225,000
Premium/Discount to List
-$385,000
-23.91%
Views
104

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$758,887
Interest Rate
0.0609%
Mortgage Type
New Conventional

Purchase Details

Closed on
Jun 3, 2025
Sold by
Bought by

Purchase Details

Closed on
Mar 11, 2025
Sold by
Bought by
Source: Public Records
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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
$1,225,000 First American Title
-- None Listed On Document
-- None Listed On Document
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 $758,887
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
03/06/2026 03/06/26 Sold $1,225,000 -9.3% $272 / Sq Ft
01/20/2026 01/20/26 Pending -- -- --
01/02/2026 01/02/26 Price Changed $1,350,000 -15.6% $300 / Sq Ft
11/10/2025 11/10/25 Price Changed $1,599,999 -0.6% $356 / Sq Ft
09/06/2025 09/06/25 For Sale $1,610,000 -- $358 / 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 $1,677 $145,914 $22,506 $123,408
2023 $1,677 $140,250 $21,633 $118,617
2022 $1,623 $137,501 $21,209 $116,292
2021 $1,585 $134,806 $20,794 $114,012
2020 $1,569 $133,424 $20,581 $112,843
2019 $1,534 $130,809 $20,178 $110,631
2018 $1,501 $128,245 $19,783 $108,462
2017 $1,466 $125,732 $19,396 $106,336
2016 $1,452 $123,267 $19,016 $104,251
2015 $1,422 $121,417 $18,731 $102,686
2014 $1,372 $119,041 $18,365 $100,676
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC25200220

California Regional Multiple Listing Service (CRMLS)

APN: 277-110-062

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