1106 E 7th, Corona, CA 92879
- $1,250,000
- List Price
- $1,250,000
- Price Change
- ▲ $50,000 1782519566
- Status
- ACTIVE
- MLS#
- RS26130094
- Year Built
- 1964
- Lot Size
- 7,841
- Acres
- 0.18
- Lot Location
- 2-5 Units/Acre
- Days on Market
- 88
- Property Type
- Multifamily
- Property Sub Type
- Triplex
- Stories
- One Level
- Neighborhood
- 00
Property Description
RARE INVESTOR & DEVELOPER OPPORTUNITY! Income-producing TRIPLEX PLUS an ADJACENT VACANT LOT offered together as one package. The existing triplex consists of 3 units, each featuring 3 bedrooms and 1 bathroom, providing immediate rental income while offering exciting potential for future growth. The sale includes the neighboring vacant parcel (separate APN), creating a unique opportunity for an investor or developer to own an established income-producing property together with adjacent land. Explore the potential for additional residential development, subject to City approval and all applicable zoning, density, parking, setback, utility, and building requirements. Excellent opportunity to generate income today while planning for tomorrow. Convenient Corona location near shopping, schools, parks, and major transportation corridors. TWO PARCELS SOLD TOGETHER — TRIPLEX + ADJACENT VACANT LOT. Buyer and buyer’s agent to independently verify all information, including rents, square footage, lot sizes, zoning, allowable number of units, development potential, permits, utilities, and intended use with the City of Corona.
Additional Information
- Pool Description
- None
- Sewer
- Public Sewer
- Water
- Public
- Attached Structure
- Detached
- Number Of Units Total
- 3
- Gross Scheduled Income
- $82,656
- Operating Expense
- 5000
Listing courtesy of Listing Agent: Claudia Stackle (claudiastackle@yahoo.com) from Listing Office: Home Key Realty.
Mortgage Calculator
Based on information from California Regional Multiple Listing Service, Inc. as of . 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.