NOT LISTED FOR SALE

915 N Vicentia Ave Corona, CA 92880

North Corona Neighborhood

Estimated Value: $1,132,290 - $1,264,000

2 Beds
2 Baths
4,291 Sq Ft
$277/Sq Ft Est. Value

Last Sold September 08, 2021

Last sale price $950,000 $221 Per Sq Ft

Est. 25% increase in value since last sale

Current estimated payment $7,343/month

19 Days on Market

About This Home

As of September 2021

915 North Vicentia Avenue is a four-unit multifamily investment property located in Corona, CA. Built in 1964, 915 North Vicentia Avenue consists exclusively of spacious 2 bed/1.5 bath townhouse units and offers amenities including garage parking, private patios, and security doors. 915 North Vicentia Avenue is ideally located in close proximity to the Interstate 15 and State Route 91 interchange, providing residents with easy access to nearby employment hubs. The property is also situated 0.6 miles away from North Main Plaza, Gateway Town Center, and Hidden Valley Plaza, which are anchored by Target, Stater Bros., Burlington, and Smart & Final Extra!, providing residents with convenient access to every day needs.

Last Agent to Sell the Property

Tyler Leeson

Marcus & Millichap RE Invest License #01451551 Listed on: 07/09/2021

Last Buyer's Agent

Tyler Leeson

Marcus & Millichap RE Invest License #01451551 Listed on: 07/09/2021

Property Details

Home Type

  • Apartment

Est. Annual Taxes

  • $11,048

Year Built

  • Built in 1964

Lot Details

  • 8,276 Sq Ft Lot
  • No Common Walls
  • Level Lot

Parking

  • 4 Car Garage

Home Design

  • 4,291 Sq Ft Home

Bedrooms and Bathrooms

  • 2 Bedrooms
  • 2 Bathrooms

Listing and Financial Details

  • Tax Lot 31
  • Tax Tract Number 2745
  • Assessor Parcel Number 119084003

Community Details

Overview

  • 4 Units

Building Details

  • 4 Leased Units
  • Rent Control
  • 4 Separate Electric Meters
  • 4 Separate Gas Meters
  • 1 Separate Water Meter
  • Electric Expense $1,465
  • Fuel Expense $1,465
  • Insurance Expense $500
  • Maintenance Expense $1,965
  • Other Expense $2,521
  • Trash Expense $1,465
  • Water Sewer Expense $1,465
  • New Taxes Expense $11,164
  • Operating Expense $22,010
  • Gross Income $70,920
  • Net Operating Income $46,800

Property Details

Home Type

Apartment

Est. Annual Taxes

$11,048

Year Built

Built in 1964

Lot Details

0

Parking

4

Listing Details

  • Property Attached: No
  • Water Sewer Expenses: 1465.00
  • Zoning: R3
  • Property Type: Residential Income
  • Parcel Number: 119084003
  • Year Built: 1964
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Common Walls: No Common Walls
  • Levels: Two
  • Price Per Square Foot: 221.39

Exterior Features

  • Pool Private: No

Garage/Parking

  • Garage Spaces: 4.00
  • Total Parking Spaces: 4.00

Utilities

  • Laundry: No
  • Sewer: Public Sewer
  • Trash Expense: 1465.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No
  • Common Interest: Community Apartment
  • Community Features: Curbs, Sidewalks

Lot Info

  • Additional Parcels: No
  • Land Lease: No
  • Lot Features: Level
  • Lot Size Sq Ft: 8276.40
  • Lot Size Acres: 0.1900

Multi Family

  • Electric Expense: 1465.00
  • Fuel Expense: 1465.00
  • Gross Income: 70920.00
  • Gross Operating Income: 68810.00
  • Gross Scheduled Income: 70320.00
  • Insurance Expense: 500.00
  • Lot Size Area: 0.1900 Acres
  • Maintenance Expense: 1965.00
  • Net Operating Income: 46800.00
  • Number Of Separate Electric Meters: 4
  • Number Of Separate Gas Meters: 4
  • Number Of Separate Water Meters: 1
  • Number Of Units Leased: 4
  • Number Of Units Total: 4
  • Operating Expense: 22010.00
  • Other Expense: 2521.00
  • Other Expense Description: Misc
  • Other Income1: 600.00
  • Other Income Description: Miscellaneous
  • Rent Control: Yes
  • Total Actual Rent: 5860.00
  • Total Expenses: 22010.00
  • Vacancy Allowance: 2110

Tax Info

  • New Taxes Expense: 11164.00
  • Tax Census Tract: 408.08
  • Tax Lot: 31
  • Tax Tract Number: 2745

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Jul 9, 2021
Closed on
Aug 6, 2021
Sold by
To Joe Minh and Vo Kim Thoa
Bought by
Shaban Ramon and Aboabdo Ibrahiem H
Seller's Agent
Tyler Leeson
Marcus & Millichap RE Invest
Buyer's Agent
Tyler Leeson
Marcus & Millichap RE Invest
List Price
$1,000,000
Sold Price
$950,000
Premium/Discount to List
-$50,000
-5%
Current Estimated Value
$1,187,823

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$237,823
Avg. Annual Appreciation
5.73%
Original Mortgage
$500,000
Outstanding Balance
$454,963
Interest Rate
2.8%
Mortgage Type
New Conventional
Estimated Equity
$732,860

Purchase Details

Closed on
Aug 19, 2020
Sold by
To Joe Minh and Vo Kim Thoa
Bought by
To Joe Minh and Vo Kim Thoa

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$557,000
Interest Rate
3%
Mortgage Type
New Conventional

Purchase Details

Listed on
Sep 4, 2017
Closed on
Mar 5, 2018
Sold by
Damian Angel and Damian Araceli
Bought by
To Joe Minh and Vo Kim Thoa Thanh
Seller's Agent
Angel Damian
Northcrest Realty
Buyer's Agent
Tracy Garra
Tracy Garra, Broker
List Price
$795,000
Sold Price
$772,000
Premium/Discount to List
-$23,000
-2.89%

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Avg. Annual Appreciation
5.94%
Original Mortgage
$501,800
Interest Rate
4.38%
Mortgage Type
New Conventional

Purchase Details

Closed on
Sep 5, 2006
Sold by
Guillen Larry
Bought by
Damian Angel and Damian Araceli

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$515,200
Interest Rate
6.75%
Mortgage Type
Purchase Money Mortgage

Purchase Details

Closed on
Mar 12, 2004
Sold by
Sutherland Glen Bryant
Bought by
Guillen Larry

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$408,000
Interest Rate
4.07%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 28, 2003
Sold by
Sanfrancisco Maria A and Sanfrancisco Dalida
Bought by
Sutherland Glen Bryant

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Jul 14, 2003
Sold by
Huynh Steve V
Bought by
Sanfrancisco Maria A and Sanfrancisco Dalida

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$25,000
Interest Rate
6.3%
Mortgage Type
Commercial

Purchase Details

Closed on
Sep 20, 2002
Sold by
Huynh Steve V
Bought by
Huynh Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,091
Interest Rate
6.22%
Mortgage Type
FHA

Purchase Details

Closed on
Sep 19, 2001
Sold by
Khoury Khaled
Bought by
Huynh Steve

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$249,091
Interest Rate
6.62%
Mortgage Type
FHA

Purchase Details

Closed on
May 15, 1998
Sold by
Pff Bank & Trust
Bought by
Khoury Khaled

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,800
Interest Rate
7.11%
Mortgage Type
Commercial

Purchase Details

Closed on
May 14, 1998
Sold by
Khoury Sawsan
Bought by
Khoury Khaled

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,800
Interest Rate
7.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Mar 26, 1998
Sold by
Machado Partnership
Bought by
Pff Bank & Trust

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$104,800
Interest Rate
7.11%
Mortgage Type
Commercial

Purchase Details

Closed on
Oct 1, 1997
Sold by
Machado Partnership
Bought by
Dennis Duane

Purchase Details

Closed on
Sep 19, 1994
Sold by
Pomona First Fsla
Bought by
The Machado Partnership

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Original Mortgage
$167,500
Interest Rate
9.29%
Mortgage Type
Seller Take Back

Purchase Details

Closed on
Dec 7, 1993
Sold by
T D Service Company
Bought by
Pomona First Fsla
Source: Public Records

Range of Values:

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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

Date Buyer Sale Price Title Company
Shaban Ramon $950,000 Chicago Title Co Com Div
To Joe Minh -- First American Title Ins Co
Minh Joe -- First American Title Ins Co
To Joe Minh $772,000 Ticor Title
Damian Angel $736,000 Ticor Title Company
Guillen Larry $510,000 Fidelity National Title
Sutherland Glen Bryant $385,000 Fidelity Natl Title Ins Co
Sanfrancisco Maria A -- Fnt
Huynh Steve -- Southland Title Corporation
Huynh Steve $253,000 Fidelity National Title Co
Khoury Khaled $131,000 Chicago Title
Khoury Khaled -- Chicago Title
Pff Bank & Trust $120,000 First American Title Ins Co
Dennis Duane -- --
The Machado Partnership -- Chicago Title Company
Pomona First Fsla $245,808 Gateway Title Company
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Shaban Ramon $500,000
Previous Owner Minh Joe $557,000
Previous Owner To Joe Minh $501,800
Previous Owner Damian Angel $515,200
Previous Owner Guillen Larry $408,000
Previous Owner Sutherland Glen Bryant $25,000
Previous Owner Sutherland Glen Bryant $308,000
Previous Owner Huynh Steve $249,091
Previous Owner Huynh Steve $249,091
Previous Owner Khoury Khaled $146,300
Previous Owner Khoury Khaled $104,800
Previous Owner The Machado Partnership $167,500
Closed Khoury Khaled $13,100
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
09/08/2021 09/08/21 Sold $950,000 -5.0% $221 / Sq Ft
07/28/2021 07/28/21 Pending -- -- --
07/09/2021 07/09/21 For Sale $1,000,000 0.0% $233 / Sq Ft
07/14/2018 07/14/18 Rented $1,250 0.0% --
07/12/2018 07/12/18 For Rent $1,250 0.0% --
07/11/2018 07/11/18 Off Market $1,250 -- --
07/03/2018 07/03/18 For Rent $1,250 0.0% --
03/28/2018 03/28/18 Sold $772,000 -2.9% $180 / Sq Ft
09/04/2017 09/04/17 For Sale $795,000 -- $185 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

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 $11,048 $1,008,146 $254,689 $753,457
2023 $11,048 $969,000 $244,800 $724,200
2022 $10,698 $950,000 $240,000 $710,000
2021 $9,148 $811,508 $210,235 $601,273
2020 $9,047 $803,188 $208,080 $595,108
2019 $8,838 $787,440 $204,000 $583,440
2018 $6,733 $600,000 $130,000 $470,000
2017 $5,552 $496,125 $103,635 $392,490
2016 $5,607 $496,125 $103,635 $392,490
2015 $5,306 $472,500 $98,700 $373,800
2014 $4,969 $450,000 $94,000 $356,000
Source: Public Records

Agents Affiliated with this Home

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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: OC21144447

California Regional Multiple Listing Service (CRMLS)

APN: 119-084-003