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421 E 5th ST Corona, CA 92879
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Key Details
Sold Price $960,000
Property Type Multi-Family
Sub Type Triplex
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CRMB23147683
Sold Date 11/21/23
Originating Board California Regional MLS
Year Built 1948
Lot Size 0.340 Acres
Property Sub-Type Triplex
Property Description
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.
Location
State CA
County Riverside
Area 248 - Corona
Rooms
Kitchen None
Interior
Heating Central Forced Air
Cooling Central AC
Laundry In Garage
Exterior
Parking Features Attached Garage, Garage
Garage Spaces 12.0
Pool None
View None
Roof Type Shingle,Tile,Clay,Composition
Building
Lot Description Grade - Level
Story One Story
Water District - Public
Others
Tax ID 117161008
Special Listing Condition Not Applicable
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Bought with Tan Ping Chen • God Blessing Inc.