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Listed by Jake Bullock • Bullock Russell RE Services
$1,610,000
Est. payment /mo
0.5 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CROC25200220
Year Built 1958
Lot Size 0.500 Acres
Source California Regional MLS
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
Area 248 - Corona
Rooms
Kitchen Other, Oven Range, Refrigerator
Interior
Heating Wall Furnace
Cooling Window / Wall Unit
Laundry In Garage
Exterior
Parking Features Garage, Other
Garage Spaces 6.0
Pool 31, None
Building
Sewer Sewer Available at Site
Water Hot Water, District - Public
Others
Tax ID 277110062
Special Listing Condition Not Applicable
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Sharad Gupta
Broker | License ID: 02213637
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