Welcome to 3994 Brotherton St. Single Family Residential property with 2 units, offering excellent potential as an investment property. Built in 1940, this single-story property features 4 bedrooms, 3 bathrooms, approximately 1,823 square foot of living space, and sits on a generous 9,583 square foot lot in Riverside County. With two units on the property, explore endless possibilities, subject to applicable zoning, permits, and local requirements. Conveniently located in Corona, near freeways, schools, shopping centers and entertainment.
801 S. Merrill Street is a nine-unit, two-story multifamily building in Downtown / Central Corona. Built in 1964, the property offers seven one-bedroom / one-bath units of approximately 600 SF and two two-bedroom / one-bath units of approximately 675 SF. Many of the units have been renovated, and the remaining interiors still offer clear room for improvement. Market rents run approximately $1,800–$1,950 for the one-bedrooms and $2,100–$2,250 for the two bedrooms. Units feature open living/kitchen layouts and wall A/C, with common-area laundry, eight covered and two uncovered parking spaces, and plenty of street parking nearby. The building sits in a walkable downtown grid (Walk Score 81) south of Sixth Street and inside the historic Grand Boulevard circle. Civic Center, library, local retail, and dining are nearby. I-15 runs just east of downtown and SR-91 is a short drive north via Main Street. North Main Metrolink is about one mile away. This is a value-add opportunity. With in-place rents averaging $1,639 on the one-bedrooms and $1,971 on the twobedrooms, a buyer can complete the interior program on the remaining units and move rents toward market. Downtown Corona remains a city revitalization target, which supports long-term location quality.
We are pleased to present the The Howard Apartments, a 10-unit multifamily investment property located at 712 S Howard Street in Corona, California. The property is currently operating at approximately a 5.04% cap rate with rents approximately 20% below market, providing investors with an attractive value-add opportunity and potential for future income growth. Effective January 2027, scheduled rent increases across all 10 units will generate an additional $950 per month in rental income, or approximately $11,400 annually. Based on current operating performance, these increases are projected to result in an approximate 5.60% cap rate, with additional rental upside providing the potential for a pro forma cap rate approaching 7.00%. Built in 1963, the two-story property consists of approximately 6,000 square feet on an approximately 7,405-square-foot lot. The unit mix consists entirely of 10 one-bedroom / one-bathroom units averaging approximately 600 square feet each. Current ownership has completed several capital improvements, including the refurbishment of six units, installation of tile showers in seven units, copper water line repiping approximately 10 years ago, and roof replacement approximately six to seven years ago. Most water heaters have also been replaced, and electric heaters were installed approximately five to seven years ago. Additional features include ample tenant parking and an on-site laundry room. The property is all-electric with no gas service. The property benefits from a central Corona location with convenient access to employment, shopping, dining, transportation, and everyday amenities. Nearby State Route 91 and Interstate 15 provide connectivity throughout the Inland Empire, Orange County, and the greater Southern California region. Please do not disturb tenants, walk the property, or contact anyone at the property. Interior inspections will be conducted only upon an accepted offer.
This Wonderful Multi Unit home offers everything you want as an investment or as your primary residence. LARGE 4 Unit Complex sits on a LARGE 10,890 SF CORNER LOT! with a large parking area with multiple spaces. All units have a private yard or patio. The main house has a front, side and back yard. Very easy and private access for all units! Nice property in the middle of a nice neighborhood in Downtown Corona, a few blocks from Downtown Revitalization Plan, which will include lots of new businesses. You’ll love the character of this California Craftsman style home, new flooring, natural wood kitchen cabinets with natural stone countertops. It is built to last! This could be your comfortable home or a long-term investment that will provide good rent.
Welcome to this well-located Corona duplex offering an excellent opportunity for investors seeking an income-producing property with long-term potential. Situated on a spacious approximately 9,583 sq. ft. lot, this property features two separate 2-bedroom units with approximately 1,380 sq. ft. of total living space. Both units are currently tenant-occupied, and the property is being sold with the existing tenants in place, providing the new owner with established rental income from the start of ownership. The property has benefited from several significant improvements, including new HVAC installed in 2024, a newer roof, new windows, and an upgraded electrical system—valuable improvements that enhance the property's overall appeal and help position it for continued long-term ownership. The generous lot provides additional outdoor space and potential flexibility for the future. Buyers are encouraged to independently investigate and verify any possibilities for expansion, improvements, additional units, or ADU development with the appropriate governmental authorities. Conveniently located in Corona with access to shopping, dining, schools, services, and major commuter routes, including nearby freeway access, this duplex combines an established location with existing income and future potential. TWO 2-BEDROOM UNITS APPROX. 1,380 TOTAL SQ. FT. APPROX. 9,583 SQ. FT. LOT NEW HVAC 2024 NEWER ROOF NEW WINDOWS UPGRADED ELECTRICAL TENANT OCCUPIED EXISTING RENTAL INCOME A great opportunity to acquire a tenant-occupied duplex on a large lot in Corona with substantial property improvements and long-term investment potential. Don't miss this opportunity!
***BANKRUPTCY FEDERAL COURT SALE - NO BANK INVOLVED***ESCROW APPROXIMATELY 60-Days*** **Investment Opportunity – Charming Duplex in the Heart of Corona** Discover the perfect blend of investment potential and owner-occupant flexibility with this well-maintained duplex located at **1106 S Belle Ave** and **1106 1/2 S Belle Ave, Corona**. Situated on a generous approximately **7,841 sq. ft. lot**, this unique property features **two detached residences**, providing privacy and independent outdoor living spaces for each unit. The front residence offers a spacious **2-bedroom, 1-bath** floor plan with warm wood flooring, a welcoming living room with fireplace, recessed lighting, an updated bathroom, and a generously sized kitchen. The rear residence is a **1-bedroom, 1-bath** home, ideal for rental income, extended family, or guests. Each unit enjoys its own private yard, creating a comfortable and functional living environment. Recent improvements include updated air conditioning systems, while ample off-street parking—including a carport and additional parking spaces—adds exceptional convenience. Conveniently located near Downtown Corona, shopping, restaurants, schools, parks, and with easy access to the 91 Freeway, this property presents an outstanding opportunity for investors seeking steady rental income or homeowners looking to offset their mortgage by living in one unit while renting the other. With separate living areas, strong rental appeal, and a prime central location, this duplex is a rare find with tremendous upside potential.
RARE INVESTOR & DEVELOPER OPPORTUNITY! Income-producing TRIPLEX PLUS an ADJACENT VACANT LOT offered together as one package. The existing triplex consists of 3 units, each featuring 3 bedrooms and 1 bathroom, providing immediate rental income while offering exciting potential for future growth. The sale includes the neighboring vacant parcel (separate APN), creating a unique opportunity for an investor or developer to own an established income-producing property together with adjacent land. Explore the potential for additional residential development, subject to City approval and all applicable zoning, density, parking, setback, utility, and building requirements. Excellent opportunity to generate income today while planning for tomorrow. Convenient Corona location near shopping, schools, parks, and major transportation corridors. TWO PARCELS SOLD TOGETHER — TRIPLEX + ADJACENT VACANT LOT. Buyer and buyer’s agent to independently verify all information, including rents, square footage, lot sizes, zoning, allowable number of units, development potential, permits, utilities, and intended use with the City of Corona.
Excellent investment opportunity. This charming property comes with a long term tenant already in place with a proven track record of on time payments and immediate cash flow from day one. Located in a desirable neighborhood which is close to downtown Corona. Has been recently re-piped, new windows and water heater. A lease summary and rent roll are available upon request.
Corona is located in California. Corona, California has a population of 157,844. Corona is more family-centric than the surrounding county with 37.79% of the households containing married families with children. The county average for households married with children is 35.14%.
The median household income in Corona, California is $95,268. The median household income for the surrounding county is $76,066 compared to the national median of $69,021. The median age of people living in Corona is 35.3 years.
The average high temperature in July is 93.1 degrees, with an average low temperature in January of 42.2 degrees. The average rainfall is approximately 12.2 inches per year, with 0 inches of snow per year.
