NOT LISTED FOR SALE

935 W 5th St Corona, CA 92882

Central Corona Neighborhood
3 Beds
4 Baths
26,000 Sq Ft
1.03 Acres

Last Sold December 22, 2014

Last sale price $3,420,000 $132 Per Sq Ft

689 Days on Market

Highlights

  • 1.03 Acre Lot
  • Carpet
  • Wall Furnace
  • Mediterranean Architecture

About This Home

As of December 2014

It is one of the finest gated apartment complex comprising of 4 Buildings. It has Swimming Pool and plenty of parking. It is very close to Corona City Hall, restaurants, places of businesses and public transportation. It has tremendous potential.

Last Agent to Sell the Property

J.R. Shah

Century 21 Discovery License #01116918 Listed on: 09/07/2012

Century 21 Discovery

Last Buyer's Agent

J.R. Shah

Century 21 Discovery License #01116918 Listed on: 09/07/2012

Century 21 Discovery

Property Details

Home Type

  • Multi-Family

Year Built

  • Built in 1961

Lot Details

  • 1.03 Acre Lot

Parking

  • 48 Parking Spaces

Home Design

  • Mediterranean Architecture
  • Spanish Tile Roof
  • Clay Roof
  • Stucco

Interior Spaces

  • 26,000 Sq Ft Home
  • Carpet
  • Formica Countertops

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 4 Bathrooms

Utilities

  • Wall Furnace
  • Sewer Paid

Listing and Financial Details

  • Tax Lot 7
  • Tax Tract Number 2
  • Assessor Parcel Number 118283007

Community Details

Overview

  • 4 Buildings
  • 48 Units

Building Details

  • 48 Separate Electric Meters
  • 48 Separate Gas Meters
  • 4 Separate Water Meters
  • Electric Expense $750
  • Gardener Expense $1,200
  • Insurance Expense $6,600
  • Other Expense $20,000
  • Pest Control $800
  • Professional Management Expense $7,500
  • Trash Expense $8,100
  • Water Sewer Expense $7,900
  • New Taxes Expense $42,000
  • Gross Income $30,875
  • Net Operating Income $243,808

Property Details

Home Type

Multi-Family

Year Built

Built in 1961

Lot Details

0

Listing Details

  • CapRate: 6.27
  • Professional Management Expense: 7500.00
  • Water Sewer Expenses: 7900.00
  • Architectural Style: Mediterranean
  • Property Type: Residential Income
  • Gardener Expense: 1200.00
  • Parcel Number: 118283007
  • Year Built: 1961
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Interior Amenities: Formica Counters
  • Flooring: Carpet
  • Price Per Square Foot: 131.54

Exterior Features

  • Roof: Clay, Spanish Tile
  • Construction Materials: Stucco

Garage/Parking

  • Total Parking Spaces: 48.00

Utilities

  • Utilities: Sewer Connected
  • Heating: Yes
  • Heating Type: Electric, Wall Furnace
  • Pest Control Expense: 800.00
  • Sewer: Sewer Paid
  • Trash Expense: 8100.00
  • Water Source: Public

Condo/Co-op/Association

  • Senior Community: No

Lot Info

  • Lot Size Sq Ft: 45000.00
  • Lot Size Acres: 1.0330

Multi Family

  • Electric Expense: 750.00
  • Gross Income: 30875.00
  • Gross Multiplier: 10.57
  • Gross Scheduled Income: 368000.00
  • Insurance Expense: 6600.00
  • Laundry Equipment Own Lease: Own
  • Lot Size Area: 45000.0000 Square Feet
  • Net Operating Income: 243808.00
  • Number Of Separate Electric Meters: 48
  • Number Of Separate Gas Meters: 48
  • Number Of Separate Water Meters: 4
  • Number Of Units Total: 48
  • Operating Expense: 105792.00
  • Operating Expense Percent: 29.00
  • Other Expense: 20000.00
  • Other Expense Description: 16222
  • Vacancy Allowance Rate: 5.00

Tax Info

  • New Taxes Expense: 42000.00
  • Tax Area: 4141
  • Tax Lot: 7
  • Tax Tract Number: 2

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
12/22/2014 12/22/14 Sold $3,420,000 -12.1% $132 / Sq Ft
07/28/2014 07/28/14 Pending -- -- --
09/07/2012 09/07/12 For Sale $3,888,888 -- $150 / Sq Ft
Source: California Regional Multiple Listing Service (CRMLS)

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • J.R. Shah

    Seller's Agent in 2014

    J.R. Shah

    Century 21 Discovery

    (714) 626-2023

    1 in this area

    49 Total Sales

    J.R. Shah
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Map

Source: California Regional Multiple Listing Service (CRMLS)

MLS Number: P835249

California Regional Multiple Listing Service (CRMLS)

APN: 118-283-007

California Riverside County Corona 92882 Central Corona

935 W 5th St, Corona, CA

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California Regional Multiple Listing Service (CRMLS) 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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