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$1,225,000
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Property Description
929 & 933 West 7th Street is a 7-unit multifamily investment opportunity located in the heart of Downtown Corona. Situated on two adjacent parcels, the property features 100% single-story construction and a highly desirable workforce unit mix consisting of (1) studio, (1) 1-bed / 1-bath, and (5) 2-bed / 1-bath units. Residents benefit from a strong amenity package including private patios (select units), on-site laundry, surface, carport, and garage parking, and individual water heaters for each unit, enhancing both resident quality of life and ease of property operations. The property is ideally positioned within walking distance of Corona City Hall and the OBC Theater, placing residents near downtown amenities, civic services, and entertainment options. The surrounding neighborhood is further supported by two nearby retail centers anchored by Superior Grocers and Cardenas Markets, located approximately 0.25 miles from the property, providing convenient access to daily necessities. Additionally, Jefferson Elementary School and Corona High School are located less than 0.5 miles away, supporting consistent long-term renter demand. The asset also benefits from easy access to State Route 91 and Interstate 15, offering direct connectivity to major employment centers throughout the Inland Empire, Orange County, and greater Southern California. Offered at a compelling 6.01% CAP rate on current rents, this is a rare opportunity to acquire a well-located multifamily asset with strong long-term fundamentals in a convenient, commuter-friendly Corona location.
Full Property Details
Full Property Details for 929 933 W 7th St
General
- Sold For: $1,225,000
- Status: Closed
- Type: Multi-Family
- Source: MRMLS
- MLS ID: OC26018477
- Added to Site: 67 day(s) ago
Rooms
Other Rooms
- Laundry: Community
Additional Information
- Pool Description: None
Parking
- Garage Spaces: 1
Location
- Area: 248 - Corona
- County: Riverside
- Development Name: 248 - Corona
- Driving Directions: West 7th Street & South Buena Vista Avenue
Heating & Cooling
- Heating Type: Central
Utilities
- Sewer: Public Sewer
- Water: Public
- # Water Meters: 1
- # Gas Meters: 7
- # Electric Meters: 7
Structural Information
- Entry Location: First level
- Stories/Levels: One
- Stories Description: One
- Square Feet: 5,029
- Year Built: 1953
Unit Information
Unit 1
- Number of Units: 1
- Total Bathrooms: 1
Unit 2
- Number of Units: 1
- Total Bathrooms: 1
- Bedrooms: 1
Unit 3
- Number of Units: 5
- Total Bathrooms: 1
- Bedrooms: 2
Lot Features
- Lot Size (Acres): 0.32
- Lot Size Source: Assessor
- Lot Description: Level with Street
Financial Considerations
- Price Per Sq. Ft.: $243.59
- Price Per Unit: 232143
Listed and Sold by Marcus & Millichap RE Invest, Christian Tait and Marcus & Millichap RE Invest, Tyler Leeson
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Schools
Schools serving 929 933 W 7th St
School District:Corona-Norco Unified School District
| Name | Grades | Distance |
|---|---|---|
Jefferson Elementary School, Corona, CA 1040 South Vicentia Avenue, Corona, CA 92882 | K-6 | 0.3 mi |
Letha Raney Intermediate School 1010 Citron Street, Corona, CA 92882 | 7-8 | 0.9 mi |
Corona High School 1150 West 10th Street, Corona, CA 92882 | 9-12 | 0.4 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 929 933 W 7th St
Date
Details
Price
Change
Source
2/11/2026
Sold
$1,225,000
-24.62%
MLS
1/26/2026
Listed
$1,625,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
929 933 W 7th Street, Corona, CA 92882 (MLS# OC26018477) is a Multi-Family property that was sold at $1,225,000 on February 11, 2026. Want to learn more about 929 933 W 7th 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.

