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Listing 1 out of 37
$1,100,000 For Sale

711 S Victoria Avenue
Corona, CA 92879

5 units | Multi Family Home
8712 sq ft - MLS# PW18134814
Property Photo
1/11

Description

Excellent Investment Opportunity!! Fantastic 5 Unit Apartment building in the heart of the city of Corona near shops, services and easy access to the 91 and 15 Freeways. The property is very well maintained and in great condition. All units have 2 Bedroom / 1 Bath with central air, private patio, single garage and plenty of streets parking as well. The property has its own coin laundry area on the premises that generate additional income. Great rental area, fully occupied with great tenants and has a huge upside potential. All utilities are paid by the Tenants. Offer subject to interior inspection. Drive by only!!! Please Do Not Disturb Tenants.

Features

  • Property Type: Multi Family Home
  • Sub Type: Multi Family Home
  • Listing Status: Active
  • Zip Code: 92879
  • Year Built: 1985
  • Stories: Two
  • Units: 5 units
  • # of Parking Spaces: 6.00
  • Lot Size: 8712 sq ft
  • Area: 248 - Corona
  • Average 2 Bed Area Units: Square Feet
  • Average 3 Bed Area Units: Square Feet
  • Average Studio Area Units: Square Feet
  • Building Area Total: 6400.00
  • Building Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Community Features: Curbs, Sidewalks
  • Cooling: Central
  • Cooling YN: Yes
  • Country: US
  • Directions: 91 FWY Going East - Go South on Main Street- East on 6th St. South on Victoria Ave.
  • Electric Expense: 391.00
  • Fuel Expense: 260.00
  • Garage Spaces: 6.00
  • Gardener Expense: 1200.00
  • Gross Income: 64100.00
  • Gross Multiplier: 17.20
  • Gross Operating Income: 64100.00
  • Gross Scheduled Income: 64100.00
  • Heating: Forced Air
  • Heating YN: Yes
  • Insurance Expense: 3800.00
  • Laundry Features: Area
  • Laundry Income: 500.00
  • Laundry YN: Yes
  • Listing Agent License: 01438810
  • Listing Office License: 01878341
  • Lot Features: Lawn, Paved
  • Lot Size Source: Estimated
  • Lot Size Units: Square Feet
  • MLS: CRM
  • Net Operating Income: 44437.00
  • New Taxes Expense: 13200.00
  • Number Of Buildings: 1
  • Number Of Separate Electric Meters: 5
  • Number Of Separate Gas Meters: 5
  • Number Of Separate Water Meters: 5
  • Number Of Units Leased: 5
  • Number With Patio: 5
  • Operating Expense: 19663.00
  • Parking Features: Driveway - Concrete, Garage - Side Entry, Garage - Single Door
  • Parking YN: Yes
  • Property Attached YN: Yes
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
  • Total Actual Rent: 5300.00
  • Total Expenses: 19663.00
  • Utilities: Sewer Connected, Water Connected
  • Water Sewer Expense: 812.00
  • Water Source: Public
  • Year Built Source: Estimated
Courtesy of Realty One Group, Inc, George Issa



Choumas & Associates | 909-821-7133 | Email Us 
Candi Choumas CalBRE #01177993
Ashley Choumas CalBRE #01892987

2790 Cabot Drive #4-130 - Corona, CA 92883
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