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Pending
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Pending

$1,260,000

0 Beds 0 Baths 3,496 SQFT 0.20 Acres
Type: Pending

1250 W 9th Street
Corona, CA 92882

MLS#: OC24154090
Don Mowery Photo
Don Mowery
Mowery Group
Helping you solve your real estate challenges!
Agent Cell: 951.313.1746
Office Phone: 909.351.5562
Presented by: Danny Owens with Owens Commerical Investments; 949-573-4884

Property Description 

Outstanding Investment Opportunity! High performing Corona 4-plex with Long Term Tenants. Each apartment is a 2 Bedroom 1.5 Bath Townhouse Style Apartment. This property has New Exterior Paint and Beautiful Landscaping with High Quality Artificial Grass. Interiors feature New Carpeting and Interior Paint in 3 of the 4 apartments. Newer Vinyl Windows installed just a few years ago. These rental units are never vacant in this High Demand Rental Area of Corona near Corona High School and convenience to local shopping and public transportation.


 

Interior Features

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)No
Common WallsTwoCommonWallsOrMore
Fireplace FeaturesNone
Fireplace Y/NNo
FlooringCarpet, Laminate, Tile
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories2
Window FeaturesDoublePaneWindows

Other Rooms

Entry Level1

General

Additional Parcels Y/NNo
AppliancesGasRange
Attached Garage No
Building Area Units0 sqft
Cap Rate4.1
Carport Spaces4.0
Carport Y/NYes
CityCorona
Community FeaturesCurbs, Sidewalks
Construction MaterialsStucco, WoodSiding
CoolingWallWindowUnits
CountyRiverside
Days on Market40
DirectionsTake West Sixth Street S. Sherman go left on W 9th St to 1250 W 9th St.
Electric On Property Y/NNo
Entry LocationFroont Door
Facing DirectionWest
Fuel Expense1250.0
Garage Spaces0.0
Garage Y/NNo
Gross Income78000.0
HeatingWallFurnace
Home Owner AssocNo
Home Warranty Y/NNo
Insurance Expense1849.0
Interior FeaturesAllBedroomsUp
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsTwo
Lot Size Square Feet8,712 sqft
Lot Size UnitsSquareFeet
MLS Area248 sqft
MaintenanceExpense2954.0
MobileHomeRemainsYNNo
Net Operating Income51608.0
New ConstructionNo
NumberOfUnitsTotal4
Open Parking Spaces2.0
Operating Expense26392.0
Pool FeaturesNone
PossessionCloseOfEscrow
Private PoolNo
Property Sub Type AdditionalQuadruplex
Property SubTypeQuadruplex
Property TypeResidentialIncome
Rent Control Y/NNo
RoofComposition, Shingle
Senior Community Y/NNo
SewerPublicSewer
Spa FeaturesNone
Special Listing ConditionsStandard
Standard StatusPending
StatusPending
Stories2
Subdivision NameUnknown
Tax Lot5
Taxes$14,219
Tenant PaysElectricity
TermsCash, CashToNewLoan, Conventional, Exchange1031
Trash Expense2160.0
UtilitiesElectricityConnected, NaturalGasConnected, SewerConnected, WaterConnected
ViewNone
View Y/NNo
Water Sewer Expense2640.0
Waterfront Y/NNo
Year Built1965
Year Built SourceAssessor
ZoningR3

Exterior

Building Area Total3,496 sqft
Crops Included Y/NNo
FencingWood
Foundation DetailsSlab
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesCornerLot, Landscaped, Level, RectangularLot
Lot Size Acres0.2
Lot Size Area8,712 sqft
Lot Size SourceAssessor
Number of Buildings1
Number of Separate Electric Meters4
Number of Separate Gas Meters1
Number of Separate Water Meters1
Open Parking Y/NNo
Parking FeaturesAttachedCarport, Assigned, Carport
Road Surface TypePaved
SpaNo
Total Parking6.0
Water SourcePublic

Additional Details

Price History

Schools 

High School N/A
Middle School N/A
Elementary School N/A

  

Similar Properties

$1,260,000

0 Beds 0 Baths 3,496 SQFT 0.20 Acres
Type: Pending

1250 W 9th Street
Corona, CA 92882

MLS#: OC24154090
Don Mowery Photo
Don Mowery
Mowery Group
Helping you solve your real estate challenges!
Agent Cell: 951.313.1746
Office Phone: 909.351.5562