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$1,260,000
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Property Description
Auction November 6th - This fully-leased fourplex is located just off the 91 Fwy in the heart of Corona. Each unit is 2BR/2BA and separately metered, with tenants paying electric/gas. Built in 1990, the 3,560sf building sits on a 9,147sf corner lot. There are 4 covered parking spaces and 4 additional on-site spaces. The rents are currently under market, so there is definite upside potential.
Full Property Details
Full Property Details for 255 S Sherman
General
- Sold For: $1,260,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW25233679
- Added to Site: 104 day(s) ago
Interior
- Fireplace(s): None
Rooms
Other Rooms
- Laundry: Inside
Additional Information
- Pool Description: None
Parking
- Parking Features: Attached Carport
- Parking: Attached Carport
Location
- Area: 248 - Corona
- County: Riverside
- Development Name: 248 - Corona
- Driving Directions: Exit 91 Fwy at Lincoln Ave, south to D Street, west to S. Sherman, property is on the corner of S. Sherman and D Street
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Entry Location: Front
- Stories/Levels: Two
- Stories Description: Two
- Square Feet: 3,560
- Year Built: 1990
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 2
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 3
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Unit 4
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.21
- Lot Size Source: Assessor
- Lot Description: Corner Lot
Financial Considerations
- Price Per Sq. Ft.: $353.93
- Price Per Unit: 166250
Listed by Tranzon Asset Strategies, Tiffeny Cook
Sold by Tekton Real Estate, Deborah Knight
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Schools
Schools serving 255 S Sherman
School District:Corona-Norco Unified School District
| Name | Grades | Distance |
|---|---|---|
John Adams Elementary School, Corona, CA 2350 Border Avenue, Corona, CA 92882 | K-6 | 1.8 mi |
Letha Raney Intermediate School 1010 Citron Street, Corona, CA 92882 | 7-8 | 1.3 mi |
Corona High School 1150 West 10th Street, Corona, CA 92882 | 9-12 | 0.6 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 255 S Sherman
Date
Details
Price
Change
Source
12/08/2025
Sold
$1,260,000
89.47%
MLS
10/06/2025
Listed
$665,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
255 S Sherman, Corona, CA 92882 (MLS# PW25233679) is a Multi-Family property that was sold at $1,260,000 on December 08, 2025. Want to learn more about 255 S Sherman? Do you have questions about finding other Multi-Family real estate for sale in Corona? You can browse all Corona real estate or contact a Coldwell Banker agent to request more information.

