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421 E 5th Street, Corona, CA 92879
$960,000
421 E 5th Street, Corona, CA 92879View this property at 421 E 5th Street, Corona, CA 92879
421 E 5th StreetCoronaCA92879
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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.
Full Property Details
Full Property Details for 421 E 5th St
General
- Sold For: $960,000
- Status: Closed
- Type: Multi-Family
- MLS ID: MB23147683
- Added to Site: 305 day(s) ago
Interior
- Rooms/Areas: All Bedrooms Down
- Fireplace(s): None
- Appliances: None
Rooms
Other Rooms
- Laundry: In Garage
Additional Information
- Pool Description: None
Exterior
- Exterior Features: Lighting
Parking
- Garage Spaces: 4
- Parking Features: Garage Faces Side, Garage (Two Doors)
- Parking: Garage Faces Side, Garage (Two Doors)
Location
- Area: 248 - Corona
- County: Riverside
- Development Name: 248 - Corona
- Driving Directions: From the 90 Fwy, exit Main St, south, drive to 6th st, make a right and left on Joy St. to 5th st.
- Direction Faces: West
Heating & Cooling
- Cooling Type: Central Air
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 3
- # Gas Meters: 3
- # Electric Meters: 3
Structural Information
- Roof: Clay, Composition, Shingle, Tile
- Entry Location: Street
- Stories/Levels: One
- Stories Description: One
- Square Feet: 2,417
- Year Built: 1948
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 2
- Bedrooms: 3
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Lot Features
- Property View: None
- Lot Size (Acres): 0.34
- Lot Size Source: Assessor
- Lot Dimensions: 101' x 148'
- Zoning: R3
- Lot Description: 0-1 Unit/Acre, Back Yard, Corner Lot, Front Yard, Landscaped, Lawn, Level with Street, Lot 10000-19999 Sqft, Walking Street
Financial Considerations
- Price Per Sq. Ft.: $397.19
- Price Per Unit: 320000
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2%
Listed by Century 21 Realty Masters, ARMANDO BENITEZ MEDINA
Sold by God Blessing Inc., Tan Ping Chen
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Schools
Schools serving 421 E 5th St
School District:Corona-Norco Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
1650 Garretson Ave, Corona, CA 92879 | K-6 | 0.9 mi | |
1255 River Rd, Corona, CA 92880 | 7-8 | 2.1 mi | |
1820 Rimpau Ave, Corona, CA 92881 | 9-12 | 1.5 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 421 E 5th St
Date
Details
Price
Change
Source
11/21/2023
Sold
$960,000
—
MLS
8/09/2023
Listed
$960,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
421 E 5th Street, Corona, CA 92879 (MLS# MB23147683) is a Multi-Family property that was sold at $960,000 on November 21, 2023. Want to learn more about 421 E 5th Street? 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.