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Property Description
?? Investment Opportunity - 4-Unit Multifamily in Prime Corona Location
Welcome to 414 S. Sheridan St, Corona, CA 92882 - a rare opportunity to own a fully occupied 4-unit multifamily property in a strong rental market. Each of the four units is a 1-bedroom, 1-bathroom, offering stable income with long-term rental appeal.
This well-maintained property is situated on a multi-dwelling zoned lot in a centrally located neighborhood, close to schools, shopping, parks, and freeway access. All units are in fair condition and currently occupied, making this a turnkey investment with immediate cash flow.
Whether you're a first-time investor or looking to expand your portfolio, this 4-plex offers strong upside potential through value-add improvements and rent optimization.?? Investment Opportunity - 4-Unit Multifamily in Prime Corona Location
Welcome to 414 S. Sheridan St, Corona, CA 92882 - a rare opportunity to own a fully occupied 4-unit multifamily property in a strong rental market. Each of the four units is a 1-bedroom, 1-bathroom, offering stable income with long-term rental appeal.
This well-maintained property is situated on a multi-dwelling zoned lot in a centrally located neighborhood, close to schools, shopping, parks, and freeway access. All units are in fair condition and currently occupied, making this a turnkey investment with immediate cash flow.
Whether you're a first-time investor or looking to expand your portfolio, this 4-plex offers strong upside potential through value-add improvements and rent optimization.
Full Property Details
Full Property Details for 414 S Sheridan
General
- Price: $980,000
- Status: Active
- Type: Multi-Family
- Source: MRMLS
- MLS ID: PW25239996
- Updated: 10/17/2025
- Days on Market: 92 days
- Added to Site: 92 day(s) ago
Rooms
Other Rooms
- Laundry: None
Additional Information
- Pool Description: None
- Spa Description: None
Location
- Area: 248 - Corona
- County: Riverside
- Development Name: 248 - Corona
- Driving Directions: Off Main st and 6th
Heating & Cooling
- Cooling Type: Wall/Window Unit(s)
- Heating Type: None
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 4
- # Electric Meters: 4
Structural Information
- Roof: Shingle
- Entry Location: front
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,900
- Year Built: 1960
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 4
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Property View: None
- Lot Size (Acres): 0.19
- Lot Size (Sq. Ft.): 8,276
- Lot Size Source: Assessor
- Lot Description: Front Yard, Park Nearby, Sprinkler System
Financial Considerations
- Price Per Sq. Ft.: $337.93
- Price Per Unit: 245000
Listed by ROA California Inc, Carlos Castillo
Get Pre-Approved Today
Schools
Schools serving 414 S Sheridan
School District:Corona-Norco Unified School District
| Name | Grades | Distance |
|---|---|---|
Vicentia Elementary School 2005 South Vicentia Avenue, Corona, CA 92882 | K-6 | 1.3 mi |
Letha Raney Intermediate School 1010 Citron Street, Corona, CA 92882 | 7-8 | 1.2 mi |
Corona High School 1150 West 10th Street, Corona, CA 92882 | 9-12 | 0.9 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 414 S Sheridan
Date
Details
Price
Change
Source
10/16/2025
Listed
$980,000
150.64%
MLS
3/17/2004
Sold
$391,000
—
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 414 S Sheridan
Year
Property Taxes
Change
Tax Assessment
Change
2025
$6,386
3%
$557,754
2%
2024
$6,179
1%
$546,819
2%
2023
$6,095
2%
$536,098
2%
2022
$5,985
2%
$525,587
2%
2021
$5,867
1%
$515,283
1%
2020
$5,803
3%
$510,000
2%
2019
$5,652
2%
$498,333
2%
2018
$5,526
2%
$488,563
2%
2017
$5,392
1%
$478,984
2%
2016
$5,340
2%
$469,593
2%
2015
$5,224
4%
$462,541
2%
2014
$5,036
—
$453,483
—
2013
$5,027
—
$451,435
—
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 414 S Sheridan
414 S Sheridan, Corona, CA 92882 (MLS# PW25239996) is a Multi-Family property with 4 units containing 0 bedrooms and 0 full bathrooms. 414 S Sheridan is currently listed for $980,000 and was received on October 16, 2025. Want to learn more about 414 S Sheridan? 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.

