$1,225,000
$1,350,000
9.3%For more information regarding the value of a property, please contact us for a free consultation.
7979 Minnesota RD #A Corona, CA 92881
0.5 Acres Lot
Key Details
Sold Price $1,225,000
Property Type Multi-Family
Sub Type Duplex
Listing Status Sold
Purchase Type For Sale
Subdivision Cust
MLS Listing ID OC25200220
Sold Date 03/06/26
HOA Y/N No
Year Built 1958
Lot Size 0.500 Acres
Property Sub-Type Duplex
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
Zoning R-A-1
Interior
Interior Features All Bedrooms Down, Galley Kitchen
Heating Wall Furnace
Cooling Wall/Window Unit(s)
Flooring Vinyl
Fireplaces Type Family Room, See Remarks
Fireplace Yes
Appliance Electric Water Heater, Free-Standing Range, Refrigerator
Laundry In Garage
Exterior
Parking Features Door-Single, Driveway, Garage Faces Front, Garage
Garage Spaces 6.0
Garage Description 6.0
Pool None
Community Features Street Lights
Utilities Available Electricity Connected, Natural Gas Connected, Water Connected
Accessibility None
Total Parking Spaces 6
Private Pool No
Building
Lot Description Landscaped
Story 1
Sewer Shared Septic
Water Public
New Construction No
Others
Senior Community No
Tax ID 277110062
Acceptable Financing Cash, Cash to New Loan, Conventional
Listing Terms Cash, Cash to New Loan, Conventional
Financing Cash to Loan
Special Listing Condition Standard
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Bought with Joshua Glaz The Ave
NEARBY SCHOOLS & BUSINESSES


