Over $11,100 in monthly rental income! Here's your chance to own a beautifully renovated 4-plex, now available in the heart of Corona. This upscale property is in a very quiet and peaceful neighborhood of Corona, conveniently located just minutes from the 91 Freeway, Corona's Metrolink Station, and also the "Metro at Main" commercial center - a brand-new mixed-use project consisting of more than 60,000 square feet of ground-floor retail. Perfectly situated on a corner lot within a gated courtyard, each unit of the building is two levels, townhome style, with nobody above or below, offering much more privacy for each tenant. The property consists of two spacious 3-bed/1.5 bath units, and two 2-bed/1.5 bath units. The building has just been repainted and upgraded with all-new landscaping, including a drip system which requires minimal water use. Each unit has been upgraded with central A/C, which is very rare for this area, and an added value for tenants. There are two detached 2-car garages, which offer one assigned space for each unit. All tenants keep to themselves and pay rent on time. Two of the units receive Section 8 assistance, with direct deposits sent to your bank account for rent every month. This beautiful property can be sold by itself, or together with it's neighboring 4-plex at 586 Penrose Drive. Don't miss out on this unique opportunity!
4,700 Sq Ft
0.19 Private Acres Lot Size
investment
Built in 1964
MLS/Listing ID OC26194182
2 Stories
4 Units
Community - Sidewalks
Community - Gated
Construction - Stucco
Cooling - Central Air
Lighting
Stucco Wall
Wrought-iron
Common Area
Laundry Room
Lot - Corner Lot
Lot - Drip Irrigation Bubblers
Lot - Landscaped
Lot - Level
Lot - Sprinkler System
Lot - Yard
Parking - Door Multi
Parking - Garage
Parking - Garage Door Opener
Parking - Off Street
Parking - Garage Faces Rear
Composition
Shingle
Blinds
Public Sewer
Public Water
Style - Contemporary
Community - Curbs
Community - Gutters
Community - Street Lights
Community - Suburban
TOTAL MONTHLY COST
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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.