Seller's Agent in 2024
Julie Potts
Century 21 Cornerstone
(562) 397-7112
4 in this area
45 Total Sales
884 N Cota St Corona, CA 92880
North Corona Neighborhood
6
Beds
6
Baths
4,291
Sq Ft
8,276
Sq Ft Lot
Highlights
- No HOA
- Ceramic Countertops
- Sliding Doors
- Cooling System Mounted To A Wall/Window
- Laundry Room
- Central Heating
About This Home
As of December 2024PRICED REDUCED $50,000.00!!! : Four Apartments: Two Bedroom Two Story Units, Central Heating, Two bathrooms in each unit. Spacious living room, dining room and a private patio for each family as well as great grass front yard area to enjoy in front of each unit. Great complex and neighbors. Unit B and C completely remodeled within the last two years with new paint, new lighting, kitchen, new flooring and updated baths. Window AC units in living room are owned by landlord, upstairs are some AC units owned by tenants. Spacious kitchen and dining room/eating area with gas stove and oven. Kitchen has either laminate or tile counters. Bedrooms have carpet upstairs and either tile or carpet downstairs. Each unit is at over 1000 square feet: BONUS: One car garage parking space per apartment shared with neighbor in two car space garages located off of alley. Some extra parking on property for all tenants!! A lot of street parking for tenants as well. Not congested area, property faces street with a lot of public parking. Community coin laundry available in locked laundry room for all tenants to use. NEWER Roof on building is only 4 years old. Very close to freeways and shopping as well as restaurants. Great opportunity for investors. Long term tenants love the area. Building is located in a great area of the neighborhood with open areas surrounding building.
Last Agent to Sell the Property
Century 21 Cornerstone Brokerage Phone: 562-397-7112 License #01093527 Listed on: 03/10/2024
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,084
Year Built
- Built in 1964 | Remodeled
Lot Details
- 8,276 Sq Ft Lot
- Property fronts an alley
- 1 Common Wall
- Wood Fence
- Density is up to 1 Unit/Acre
Parking
- 3 Open Parking Spaces
- 4 Car Garage
- Parking Available
- Assigned Parking
Home Design
- Quadruplex
- Slab Foundation
- Fire Rated Drywall
- Composition Roof
- Stucco
Interior Spaces
- 4,291 Sq Ft Home
- 2-Story Property
- Sliding Doors
Kitchen
- Gas Range
- Ceramic Countertops
Bedrooms and Bathrooms
- 6 Bedrooms
- All Upper Level Bedrooms
- 6 Bathrooms
Laundry
- Laundry Room
- Leased Washer and Dryer
Home Security
- Carbon Monoxide Detectors
- Fire and Smoke Detector
Utilities
- Cooling System Mounted To A Wall/Window
- Central Heating
- Natural Gas Connected
- Cable TV Available
Additional Features
- Exterior Lighting
- Suburban Location
Listing and Financial Details
- Tenant pays for electricity, gas, telephone
- Tax Lot 2
- Tax Tract Number 2745
- Assessor Parcel Number 119081014
- $84 per year additional tax assessments
Community Details
Overview
- No Home Owners Association
- 4 Units
Amenities
- Laundry Facilities
Building Details
- 4 Leased Units
- 5 Separate Electric Meters
- 5 Separate Gas Meters
- Electric Expense $480
- Fuel Expense $1,410
- Gardener Expense $1,200
- Insurance Expense $1,784
- Trash Expense $2,611
- Water Sewer Expense $2,600
- Operating Expense $9,574
- Gross Income $5,000
- Net Operating Income $27,600
Ownership History
Date
Name
Owned For
Owner Type
Purchase Details
Listed on
Mar 10, 2024
Closed on
Nov 1, 2024
Sold by
Sergio Armando Olivarez and Rosa Maria
Bought by
Gibrael Michael R
Seller's Agent
Julie Potts
Century 21 Cornerstone
Buyer's Agent
MICHAEL IBRAHIM
KBJ REAL ESTATE, INC.
List Price
$1,500,000
Sold Price
$1,200,000
Premium/Discount to List
-$300,000
-20%
Views
127
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
0.44%
Original Mortgage
$720,000
Outstanding Balance
$714,734
Interest Rate
6.54%
Mortgage Type
New Conventional
Estimated Equity
$488,579
Purchase Details
Closed on
Feb 25, 2022
Sold by
Armando Olivarez Sr Sergio
Bought by
Sergio Armando Olivarez And Rosa Maria Olivar and Olivarez Ro
Purchase Details
Closed on
Jul 14, 2018
Sold by
Olivarez Sergio A and Olivarez Rosa M
Bought by
Olivarez Sergio Armando and Olivarez Rosa Maria
Purchase Details
Closed on
Feb 11, 2000
Sold by
Olivarez Elmer P and Olivarez Sergio A
Bought by
Olivarez Sergio A and Olivarez Rosa M
Home Financials for this Owner
Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$150,000
Interest Rate
10.12%
Mortgage Type
Commercial
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
Average Home Value in this Area
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Grant Deed | $1,200,000 | Orange Coast Title | |
| Grant Deed | $1,200,000 | Orange Coast Title | |
| Deed | -- | -- | |
| Interfamily Deed Transfer | -- | None Available | |
| Interfamily Deed Transfer | -- | Fidelity National Title Co |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $720,000 | New Conventional | |
| Closed | $720,000 | New Conventional | |
| Previous Owner | $315,000 | Commercial | |
| Previous Owner | $247,000 | Commercial | |
| Previous Owner | $257,500 | Commercial | |
| Previous Owner | $200,000 | Commercial | |
| Previous Owner | $168,000 | Commercial | |
| Previous Owner | $150,000 | Commercial |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/16/2025 05/16/25 | For Rent | $2,300 | 0.0% | -- |
| 12/05/2024 12/05/24 | Sold | $1,200,000 | -4.0% | $280 / Sq Ft |
| 10/30/2024 10/30/24 | Pending | -- | -- | -- |
| 09/11/2024 09/11/24 | Price Changed | $1,250,000 | -3.8% | $291 / Sq Ft |
| 08/24/2024 08/24/24 | Price Changed | $1,299,000 | -2.0% | $303 / Sq Ft |
| 07/11/2024 07/11/24 | Price Changed | $1,325,000 | -3.6% | $309 / Sq Ft |
| 03/30/2024 03/30/24 | Price Changed | $1,375,000 | -8.3% | $320 / Sq Ft |
| 03/10/2024 03/10/24 | For Sale | $1,500,000 | -- | $350 / Sq Ft |
Source: California Regional Multiple Listing Service (CRMLS)
Tax History Compared to Growth
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 | $4,084 | $2,250,000 | $150,000 | $2,100,000 |
| 2023 | $4,084 | $329,816 | $116,269 | $213,547 |
| 2022 | $3,966 | $323,350 | $113,990 | $209,360 |
| 2021 | $3,893 | $317,010 | $111,755 | $205,255 |
| 2020 | $3,853 | $313,761 | $110,610 | $203,151 |
| 2019 | $3,771 | $307,610 | $108,442 | $199,168 |
| 2018 | $3,692 | $323,579 | $106,317 | $217,262 |
| 2017 | $3,608 | $317,667 | $104,233 | $213,434 |
| 2016 | $3,578 | $311,871 | $102,190 | $209,681 |
| 2015 | $3,505 | $307,519 | $100,656 | $206,863 |
| 2014 | $3,384 | $301,928 | $98,685 | $203,243 |
Source: Public Records
Agents Affiliated with this Home
-
Julie Potts
-
MICHAEL IBRAHIM
Buyer's Agent in 2024
MICHAEL IBRAHIM
KBJ REAL ESTATE, INC.
(626) 372-3382
3 in this area
19 Total Sales
Map
Source: California Regional Multiple Listing Service (CRMLS)
MLS Number: PW24048607
APN: 119-081-014
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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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