Keegan Cin | Realtor® | License # DRE 01971604

Property

Corona, CA 92882 1240 E Street

1240 E Street Corona, CA - Image 11240 E Street Corona, CA - Image 21240 E Street Corona, CA - Image 3
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1240 E Street Corona, CA - Image 4
Presented By: Victor Nissani with Compass;
  • MLS# 24459515
  • 11/02/2024
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  • Beds • 12
  • Baths • 6
  • SQFT • 3,000
  • Year Built • 2006

Home Details

Looking for a cash flow positive property with great tenants...? Take advantage of this great 3 unit opportunity with $8450 income per month. This amazing property has been remodeled and waiting for its new landlord. Two buildings - one main house with 5 bed/ 2 baths, second building is a duplex with 4 beds/ 2 baths and 3 bed/ 2 baths. Convenient to freeway/ shopping. Drive by only please - offers subject to interior inspection. Cash offers only.
Presented By: Victor Nissani with Compass;

Interior Features for 1240 E Street

Bedrooms

Total Bedrooms12

Bathrooms

Half Baths0
Total Baths6
1/4 Baths
3/4 Baths

Other Interior Features

Air Conditioning Y/NNo
Basement (Y/N)No
Fireplace Y/NNo
Heating Y/NYes
Laundry FeaturesCommonArea
Total Stories1

General for 1240 E Street

Additional Parcels Y/NNo
Attached Garage No
Buyer FinancingCash
Cap Rate12.7
Carport Y/NNo
CityCorona
CountyRiverside
DirectionsLincoln & 6th
Electric On Property Y/NNo
Full Baths
Garage Y/NNo
Gross Income98400.0
HOANo
HeatingForcedAir
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
LevelsOne
Listing TermsCash
Lot Size Square Feet6970.0
Lot Size UnitsSquareFeet
MLS Area248 - Corona
MobileHomeRemainsYNNo
Net Operating Income98400.0
New ConstructionNo
Number Of Units Total3
Occupancy TypeTenant
Property Attached Y/NNo
Property TypeResidentialIncome
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Stories1
Tenant PaysCableTv, Electricity, Gas, Insurance
Waterfront Y/NNo
Year Built2006
Year Built SourceOther

Exterior for 1240 E Street

Building Area Total3000.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot Size Acres0.16
Lot Size Area6970.0
Number of Buildings2
Open Parking Y/NNo
Parking FeaturesDriveway
Private PoolNo
SpaNo
Total Parking0.0

Additional Details

Price History

Keegan Cin

Team Lead
Price $1,295,000
MLS#24459515
List Date 11/02/2024
Property Type Multi-Family
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