Introducing a profitable investment opportunity in Corona, California: a fully rented three-unit building with excellent revenue potential. This property is perfect for 1031 exchanges or families seeking for that extra money to help with their mortgage payment. This property boasts a 3-bed, 2-bath house with a 2-car garage, along with a standalone duplex building featuring 1 bed and 1 bath in each unit. With a spacious 14,810 sq ft lot zoned R-3, there is room for expansion, additional units, or an accessory dwelling unit (ADU). The property's strategic location near the 91 and 15 freeways, near esteemed Santiago High School within the Corona-Norco Unified School District, downtown Corona, excellent public transportation, and just a short 35-minute drive to Newport Beach, Disneyland, and Knott's Berry Farm, adds to its appeal. Don't miss this incredible investment opportunity with potential for significant rental income.
Sold for $960,000
Listing Provided by: CENTURY 21 REALTY MASTERS
Bought with: God Blessing Inc.
$960,000
421 E 5th St, Corona, CA 92879
5beds
4baths
2,417sqft
Triplex
Built in 1948
-- sqft lot
$-- Zestimate®
$397/sqft
$3,382 Estimated rent
Home value
Not available
Estimated sales range
Not available
$3,382/mo
Zestimate® history
Owner options
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$3,382/mo
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$3,382/mo
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$6,083/mo
Est. payment
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$6,083/mo
Est. payment
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Zillow last checked:
Listing updated:
Listing Provided by:
ARMANDO BENITEZ DRE #02026253 213-842-6085,
CENTURY 21 REALTY MASTERS
Bought with:
Tan Ping Chen, DRE #01251195
God Blessing Inc.
Source: CRMLS,MLS#: MB23147683
Originating MLS: California Regional MLS
Originating MLS: California Regional MLSFacts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Bedroom
- Features: All Bedrooms Down
Heating
- Central
Cooling
- Central Air
Appliances
- Laundry: In Garage
Features
- All Bedrooms Down
- Has fireplace: No
- Fireplace features: None
- Common walls with other units/homes: 1 Common Wall,No One Above,No One Below
Interior area
- Total structure area: 2,417
- Total interior livable area: 2,417 sqft
Property
Parking
- Total spaces: 12
- Parking features: Door-Multi, Garage, Garage Faces Side
- Garage spaces: 4
- Carport spaces: 4
- Covered spaces: 8
- Uncovered spaces: 4
Features
- Levels: One
- Stories: 1
- Entry location: Street
- Exterior features: Lighting
- Pool features: None
- Fencing: Good Condition,Wrought Iron,Wire
- Has view: Yes
- View description: None
Lot
- Size: 0.34 Acres
- Dimensions: 101' x 148'
- Features: 0-1 Unit/Acre, Back Yard, Corner Lot, Front Yard, Lawn, Landscaped, Street Level, Walkstreet
Details
- Parcel number: 117161008
- Zoning: R3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Property subtype: Triplex
- Attached to another structure: Yes
Materials
- Stucco
- Roof: Clay,Composition,Shingle,Tile
Condition
- New construction: No
- Year built: 1948
Utilities & green energy
- Electric: Standard
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Community & neighborhood
Community
- Community features: Biking, Curbs, Park, Street Lights
Location
- Region: Corona
- Subdivision: ,Unknown
HOA & financial
Other financial information
- Total actual rent: 5200
Other
Other facts
- Listing terms: Cash,Conventional,1031 Exchange,FHA,Fannie Mae,Freddie Mac,VA Loan
- Road surface type: Alley Paved, Paved
Price history
| Date | Event | Price |
|---|---|---|
| 11/21/2023 | Sold | $960,000$397/sqft |
Source:  CRMLS #MB23147683 Report a problem | ||
| 10/19/2023 | Pending sale | $960,000$397/sqft |
Source: CRMLS #MB23147683 Report a problem | ||
Public tax history
Tax history is unavailable.
Neighborhood: Downtown
Nearby schools
GreatSchools rating
- 6/10Garretson Elementary SchoolGrades: K-6Distance: 0.9 mi
- 2/10Auburndale Intermediate SchoolGrades: 7-8Distance: 2.1 mi
- 7/10Centennial High SchoolGrades: 9-12Distance: 1.5 mi
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- California
- Riverside County
- Corona
- 92879
- Downtown
- 421 E 5th St
Nearby cities
Nearby neighborhoods
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