570 Penrose, Corona, CA 92878
570 Penrose, Corona, CA 92878
570 Penrose, Corona, CA 92878
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$1,799,900
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8,276 Sqft Lot
Coming Soon

570 Penrose Corona, CA 92878

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John Alagna

John Alagna

+1(909) 821-2781

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Coming Soon

Purchase Type For Sale

Subdivision Penrose Drive

MLS Listing ID OC26194182

Construction Status Updated/Remodeled

HOA Y/N No

Year Built 1964

Lot Size 8,276 Sqft

Property Sub-Type Quadruplex

Property Description

Over $11,100 in monthly rental income! Here's your chance to own a beautifully renovated 4-plex, now available in the heart of Corona. This upscale property is in a very quiet and peaceful neighborhood of Corona, conveniently located just minutes from the 91 Freeway, Corona's Metrolink Station, and also the "Metro at Main" commercial center - a brand-new mixed-use project consisting of more than 60,000 square feet of ground-floor retail. Perfectly situated on a corner lot within a gated courtyard, each unit of the building is two levels, townhome style, with nobody above or below, offering much more privacy for each tenant. The property consists of two spacious 3-bed/1.5 bath units, and two 2-bed/1.5 bath units. The building has just been repainted and upgraded with all-new landscaping, including a drip system which requires minimal water use. Each unit has been upgraded with central A/C, which is very rare for this area, and an added value for tenants. There are two detached 2-car garages, which offer one assigned space for each unit. All tenants keep to themselves and pay rent on time. Two of the units receive Section 8 assistance, with direct deposits sent to your bank account for rent every month. This beautiful property can be sold by itself, or together with it's neighboring 4-plex at 586 Penrose Drive. Don't miss out on this unique opportunity!

Location

State CA

County Riverside

Area 248 - Corona

Interior

Heating Central

Cooling Central Air

Fireplaces Type None

Fireplace No

Laundry Common Area, Laundry Room

Exterior

Exterior Feature Lighting

Parking Features Door-Multi, Garage, Garage Door Opener, Off Street, Garage Faces Rear

Garage Spaces 4.0

Garage Description 4.0

Fence Stucco Wall, Wrought Iron

Pool None

Community Features Curbs, Gutter(s), Street Lights, Suburban, Sidewalks, Gated

Roof Type Composition,Shingle

Total Parking Spaces 4

Private Pool No

Building

Lot Description Corner Lot, Drip Irrigation/Bubblers, Landscaped, Level, Sprinkler System, Yard

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Architectural Style Contemporary

Level or Stories Two

New Construction No

Construction Status Updated/Remodeled

Others

Senior Community No

Tax ID 119081025

Security Features Carbon Monoxide Detector(s),Gated Community,Resident Manager,Smoke Detector(s),Security Lights

Energy Description 400.0

Acceptable Financing Cash to New Loan, FHA, Submit, VA Loan

Listing Terms Cash to New Loan, FHA, Submit, VA Loan

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by Cameron Davis Selling OC Real Estate 949-350-0808, DRE #01449829

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John Alagna

John Alagna

Agent License ID: 02073190

+1(909) 821-2781

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570 Penrose