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Listed by Jake Bullock • Bullock Russell RE Services
$ 1,599,999
Est. payment | /mo
4,500 SqFt
$ 1,599,999
Est. payment | /mo
4,500 SqFt
Key Details
Property Type Commercial
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $355
MLS Listing ID CROC25200220
HOA Y/N No
Year Built 1958
Lot Size 0.500 Acres
Property Sub-Type Other
Source Datashare California Regional
Property Description
A truly unique offering in the Corona market, this six-unit multifamily property is a rare find for a savvy investor. There are no other properties of this size on the market, making this an unparalleled chance to acquire a significant, income-generating asset. This is a turnkey investment with all six units currently occupied by tenants, providing immediate, stable cash flow from day one. The property consists of six identical units, each featuring a spacious 2-bedroom, 1-bathroom layout. A dedicated single-car garage for each unit adds significant value and tenant appeal. While the location may not be considered prime, this property's high-occupancy history and consistent rental income showcase its proven performance and strong cash flow. This is a perfect opportunity for a strategic buyer to expand their portfolio and benefit from a high-yield asset that is insulated from the volatility of single-family rentals. The unique size of this property means less competition and a higher barrier to entry, protecting your investment for the long term.
Location
State CA
County Riverside
Interior
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Vinyl
Fireplace No
Laundry In Garage
Building
Lot Description Other
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Vander Meulen Real Estate Group
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