523 W 7th Street, Corona CA, 92882

Sold

523 W 7th Street

Corona CA, 92882

$2,680,000

$192.81 per sqft

Sold

13,900 sqft

Residential

Built in 1991

Listed by Ignacio Diaz Jr. with Investment Capital Real Estat 949-201-8817

Built in 1991 with pitched roofs, the subject property features six 3 bedroom 2 baths; two 2 bedroom 2 baths; two 2 bedroom 1.5 baths and four 1 bedroom 1 bath apartment homes. Tenant amenities include individual water heaters, central air-conditioning and heat, washer & dryer connections for tenants, enclosed garages, patios, balconies, fireplaces and a central common area. The superior amenities attract long-term tenants; produce solid rents, and occupancy. Good location within a quiet residential neighborhood; one block from City Hall, the Corona Regional Medical Center, and walking distance to the Public Library. Bordering the city of Yorba Linda and Anaheim Hills, Corona has become a suburb to Orange County with continuous economic growth over the years. An industrial infrastructure has played an important role in the growth of the city and its employee base giving apartment owners a strong tenant pool to draw from. This opportunity is an ideal investment for an investor looking for a newer built apartment building with condo type amenities and stable cash flow from long-term tenants.

NP15224375

MLSⓇ ID

March 18, 2024

Updated

Map

523 W 7th Street
Corona CA, 92882

Interior Features

Laundry Description: Washer Hookup, Electric Dryer Hookup
Fireplace: No
Cooling: Yes
Cooling Description: Central Air
Heating: Yes
Heating Description: Central

Exterior/Building Features

Lot Size: 0.5 Acres
Lot Features: Corner Lot

Other Property Details

Area Name: 248 - Corona
Days on Market: 224
Garage: Yes
Garage Spaces: 11
Parking Total: 37
View: No
County: Riverside
Water Source: Public
Pool: No
Pool Features: None

Listing Contact: 949-201-8817

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 3/18/2024. 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, the 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. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 3/18/2024 at 7:18 PM UTC