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$1,098,000
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Property Description
Rare Two-Homes-on-One-Lot Opportunity in Corona! Discover exceptional flexibility and versatility at 1050 W Olive St, featuring two completely separate residences on an approximately 10,500-square-foot lot. With separate entrances, private living spaces, and a total of 6 bedrooms, 4 bathrooms, and 4 garage spaces, this property is ideal for 1031 exchange, multigenerational living, extended family, guests, or generating additional rental income.
The front residence offers approximately 1,309 square feet with 3 bedrooms, 2 bathrooms, and a private 2-car garage. The ADU is 2026 Newly Built Construction featuring approximately 1,170 square feet, 3 bedrooms, 2 bathrooms, and a private 2-car garage. Thoughtfully designed for modern living, the ADU showcases an open-concept floor plan, brand-new stainless-steel appliances, contemporary finishes, abundant natural light, and a beautiful private yard.
The spacious lot provides valuable outdoor space and privacy between the two residences, creating the feel and functionality of owning two homes on one property. Whether accommodating multiple generations, providing a private space for family and guests, or creating an attractive investment opportunity, this property offers flexibility rarely found in Corona.
Conveniently located near shopping, dining, schools, parks, the 91 Freeway, and major commuter routes, this is a truly unique opportunity combining new construction, two independent homes, multiple garages, and a spacious lot in a desirable Corona location.
Full Property Details
Full Property Details for 1050 W Olive St
General
- Price: $1,098,000
- Status: Active
- Type: Single Family
- Source: MRMLS
- MLS ID: IV26173341
- Updated: 8/31/2026
- Days on Market: 51 days
- Added to Site: 51 day(s) ago
Interior
- Rooms/Areas: Primary Bedroom, Entry, All Bedrooms Down, Main Floor Primary Bedroom, Kitchen, Living Room, Main Floor Bedroom, Primary Suite, Primary Bathroom
- Interior Features: Quartz Counters, Built-in Features, Ceiling Fan(s), Recessed Lighting, Open Floorplan, Storage
- Fireplace: Yes
- Fireplace(s): Living Room
- Eating Areas: In Living Room, In Kitchen
- Appliances: Water Heater, Range Hood, Gas Range, Dishwasher
- Flooring: Vinyl
Rooms
Bathrooms
- Total Bathrooms: 4
- Full Bathrooms: 4
Bedrooms
- Total Bedrooms: 6
Other Rooms
- Laundry: Inside, Gas Dryer Hookup, In Closet, Washer Hookup
Additional Information
- Pool Description: None
- Spa Description: None
Exterior
- Deck/Patio: Concrete, Patio
Parking
- Garage: Yes
- Garage Spaces: 4
- Carport Spaces: 1
- Parking: Garage, Concrete, On-Site, Garage (Direct Access), Garage Faces Front, Driveway, Garage Door Opener, Garage (Two Doors)
Location
- County: Riverside
- Subdivision: Other (OTHR)
- Driving Directions: From CA-91 Fwy, exit Lincoln Ave and head South. Turn West (right) onto W Olive St. Destination will be on the left (south side of the street), between Lincoln Ave and Border Ave.
School Information
- School District: Corona-Norco Unified
Community
- Community Features: Gutters, Curbs, Street Lights, Sidewalks, Suburban
Heating & Cooling
- Cooling Type: Central Air, Wall/Window Unit(s)
- Heating Type: Fireplace(s), Forced Air, Central
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Traditional
- Structure Type: Single Family Residence
- Construction: Frame, Stucco, Drywall Walls
- Foundation: Slab
- Roof: Shingle
- Common Walls: No Common Walls
- Windows: Double-Pane Windows, Blinds
- Disability Access: None
- Entry Location: Front Door
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,479
- Year Built: 2026
- Year Built Source: Public Records
- Property Condition: Turnkey, Updated/Remodeled
Additional Structures
- Other Structures: Guest House Detached, Two on a Lot
Lot Features
- Property View: Trees/Woods, Neighborhood
- Lot Size (Acres): 0.241
- Lot Size (Sq. Ft.): 10,500
- Lot Size Source: Assessor
- Lot Description: Landscaped, Level, Front Yard, Back Yard, Lawn, Yard
- Fencing (Description): Block, Wood, Privacy
Financial Considerations
- Price Per Sq. Ft.: $442.92
Disclosures and Reports
- Special Conditions: Standard
Listed by Aspire Homes, JIAYU LIN
Get Pre-Approved Today
Schools
Schools serving 1050 W Olive St
School District:Corona-Norco Unified School District
| Name | Grades | Distance |
|---|---|---|
Vicentia Elementary School 2005 South Vicentia Avenue, Corona, CA 92882 | K-6 | 0.8 mi |
Letha Raney Intermediate School 1010 Citron Street, Corona, CA 92882 | 7-8 | 0.5 mi |
Corona High School 1150 West 10th Street, Corona, CA 92882 | 9-12 | 0.2 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1050 W Olive St
Date
Details
Price
Change
Source
8/12/2026
Listed
$1,098,000
68.92%
MLS
5/13/2024
Sold
$650,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1050 W Olive St
Year
Property Taxes
Change
Tax Assessment
Change
2025
$7,521
—
$676,260
2%
2025
$7,521
275%
$663,000
264%
2024
$2,005
1%
$181,976
2%
2023
$1,977
2%
$178,409
2%
2022
$1,940
2%
$174,912
2%
2021
$1,900
1%
$171,483
1%
2020
$1,878
2%
$169,725
2%
2019
$1,835
2%
$166,398
2%
2018
$1,793
3%
$163,136
2%
2017
$1,748
1%
$159,938
2%
2016
$1,730
2%
$156,803
2%
2015
$1,692
4%
$154,450
2%
2014
$1,631
—
$151,427
—
2013
$1,627
—
$150,744
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1050 W Olive St
1050 W Olive Street, Corona, CA 92882 (MLS# IV26173341) is a Single Family property with 6 bedrooms and 4 full bathrooms. 1050 W Olive Street is currently listed for $1,098,000 and was received on August 12, 2026. Want to learn more about 1050 W Olive Street? Do you have questions about finding other Single Family real estate for sale in Corona? You can browse all Corona real estate or contact a Coldwell Banker agent to request more information.

