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Listed by Philip Bendler • Rise Realty
$600,000
Est. payment /mo
1,380 SqFt
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Active
Purchase Type For Sale
Square Footage 1,380 sqft
Price per Sqft $434
MLS Listing ID OC-26172827
Year Built 1968
Lot Size 9,583 Sqft
Property Sub-Type Duplex
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Welcome to this well-located Corona duplex offering an excellent opportunity for investors seeking an income-producing property with long-term potential. Situated on a spacious approximately 9,583 sq. ft. lot, this property features two separate 2-bedroom units with approximately 1,380 sq. ft. of total living space.
Both units are currently tenant-occupied, and the property is being sold with the existing tenants in place, providing the new owner with established rental income from the start of ownership.
The property has benefited from several significant improvements, including new HVAC installed in 2024, a newer roof, new windows, and an upgraded electrical system—valuable improvements that enhance the property's overall appeal and help position it for continued long-term ownership.
The generous lot provides additional outdoor space and potential flexibility for the future. Buyers are encouraged to independently investigate and verify any possibilities for expansion, improvements, additional units, or ADU development with the appropriate governmental authorities.
Conveniently located in Corona with access to shopping, dining, schools, services, and major commuter routes, including nearby freeway access, this duplex combines an established location with existing income and future potential.
TWO 2-BEDROOM UNITS | APPROX. 1,380 TOTAL SQ. FT. | APPROX. 9,583 SQ. FT. LOT | NEW HVAC 2024 | NEWER ROOF | NEW WINDOWS | UPGRADED ELECTRICAL | TENANT OCCUPIED | EXISTING RENTAL INCOME
A great opportunity to acquire a tenant-occupied duplex on a large lot in Corona with substantial property improvements and long-term investment potential. Don't miss this opportunity!
Both units are currently tenant-occupied, and the property is being sold with the existing tenants in place, providing the new owner with established rental income from the start of ownership.
The property has benefited from several significant improvements, including new HVAC installed in 2024, a newer roof, new windows, and an upgraded electrical system—valuable improvements that enhance the property's overall appeal and help position it for continued long-term ownership.
The generous lot provides additional outdoor space and potential flexibility for the future. Buyers are encouraged to independently investigate and verify any possibilities for expansion, improvements, additional units, or ADU development with the appropriate governmental authorities.
Conveniently located in Corona with access to shopping, dining, schools, services, and major commuter routes, including nearby freeway access, this duplex combines an established location with existing income and future potential.
TWO 2-BEDROOM UNITS | APPROX. 1,380 TOTAL SQ. FT. | APPROX. 9,583 SQ. FT. LOT | NEW HVAC 2024 | NEWER ROOF | NEW WINDOWS | UPGRADED ELECTRICAL | TENANT OCCUPIED | EXISTING RENTAL INCOME
A great opportunity to acquire a tenant-occupied duplex on a large lot in Corona with substantial property improvements and long-term investment potential. Don't miss this opportunity!
Location
State CA
County Riverside
Area 248 - Corona
Interior
Heating Central
Flooring Tile
Laundry Common Area
Exterior
Pool None
Community Features Suburban
View Y/N No
View None
Building
Lot Description Back Yard
Sewer Public Sewer
Others
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Naghmeh Keyvani
Broker Associate | License ID: DRE# 02091823
Broker Associate License ID: DRE# 02091823