711 S Victoria Avenue

    Corona, CA 92879
    • $1,100,000
    • STATUS: Active Under Contract
    • ON SITE: 64 days
    • ID#: PW18134814
    Under Contract
    UPDATED: 132 min ago
    $1,100,000
    • 0
      BEDS
    • 0.2
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 6,400
      SQFT
    • $172
      $/SQFT
    Neighborhood:
    Type:
    Multi-Family
    Built:
    1985
    County:
    Area:

    School Ratings & Info

    Description

    Excellent Investment Opportunity!! Fantastic 5 Unit Apartment building in the heart of the city of Corona near shops, services and easy access to the 91 and 15 Freeways. The property is very well maintained and in great condition. All units have 2 Bedroom / 1 Bath with central air, private patio, single garage and plenty of streets parking as well. The property has its own coin laundry area on the premises that generate additional income. Great rental area with huge upside potential. All utilities are paid by the Tenants. Offer subject to interior inspection. Drive by only!!! Please Do Not Disturb Tenants.

    Monthly Payment Calculator



    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-08-14T00:29:41.427. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
    www.playavistaliving.com/homes/84482291

    711 S Victoria Avenue Corona, CA 92879

    • Price: $1,100,000
    • Status: Active Under Contract
    • Updated: 132 min ago
    • ID#: PW18134814
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.2
    Acres
    6,400
    SQFT
    $172
    $/SQFT
    1985
    Built
    Neighborhood:
    248 - Corona
    County:
    Riverside
    Area:
    248 - Corona
    Property Description
    Excellent Investment Opportunity!! Fantastic 5 Unit Apartment building in the heart of the city of Corona near shops, services and easy access to the 91 and 15 Freeways. The property is very well maintained and in great condition. All units have 2 Bedroom / 1 Bath with central air, private patio, single garage and plenty of streets parking as well. The property has its own coin laundry area on the premises that generate additional income. Great rental area with huge upside potential. All utilities are paid by the Tenants. Offer subject to interior inspection. Drive by only!!! Please Do Not Disturb Tenants.
    Exterior Features

    Garage Spaces 6.00 Lot Features LawnPaved Lot Size Source Estimated Lot Size Units Square Feet Parking Features Driveway - ConcreteGarage - Side EntryGarage - Single Door Parking Total 6.00 Parking YN Yes Pool Features None Pool Private YN No Property Attached YN Yes Road Frontage Type City Street Road Surface Type Paved

    Interior Features

    Average Studio Area Units Square Feet Average1 Bed Area Units Square Feet Average2 Bed Area Units Square Feet Average3 Bed Area Units Square Feet Common Walls 2+ Common Walls Cooling Central Cooling YN Yes Heating Forced Air Heating YN Yes Laundry Features Area Levels Two

    Property Features

    Additional Parcels YN No Association Fee 0.00 Association YN No Building Area Units Square Feet Cap Rate 4.19 Community Features CurbsSidewalks Country Us Electric Expense 391.00 Elevation Units Feet Fuel Expense 260.00 Gardener Expense 1200.00 Gross Income 65300.00 Gross Operating Income 65300.00 Gross Scheduled Income 65300.00 Have 5-Plex Corona Insurance Expense 4582.00 Land Lease YN No Laundry Income 500.00 Laundry YN Yes Net Operating Income 46092.00 New Taxes Expense 11363.00 Number Of Separate Electric Meters 5 Number Of Separate Gas Meters 5 Number Of Separate Water Meters 5 Number Of Units Leased 4 Number With Patio 5 Operating Expense 19208.00 Other Expense 600.00 Other Expense Description Pest Con Professional Management Expense 0.00 Property Sub Type Apartment Rent Control YN No Senior Community YN No Special Listing Conditions Standard Total Actual Rent 5300.00 Total Expenses 19208.00 Trash Expense 0.00 Utilities Sewer ConnectedWater Connected Water Sewer Expense 812.00 Water Source Public Year Built Source Estimated

    Listing provided courtesy of George Issa of Realty One Group, Inc.


    Based on information from California Regional Multiple Listing Service, Inc. as of 2018-08-14T00:29:41.427. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
     
    Team Tami | Palm Realty Boutique
    7101 Playa Vista Dr.
    Playa Vista CA, 90094