Corona, CA 92882,1240 E ST
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Corona, CA 92882,1240 E ST
Corona, CA 92882,1240 E ST
Corona, CA 92882,1240 E ST
Corona, CA 92882,1240 E ST
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MaryLou Adame-Martinez

MaryLou Adame-Martinez

+1(949) 690-7149
$ 1,245,000
Est. payment /mo
Save
Price Dropped by $50K

1240 E ST Corona, CA 92882

6,969 Sqft Lot

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Triplex

Listing Status Active

Purchase Type For Sale

Subdivision West Corona Orange Tr.

MLS Listing ID DW25263979

HOA Y/N No

Year Built 2006

Lot Size 6,969 Sqft

Property Sub-Type Triplex

Property Description

Exceptional investment opportunity in the heart of Corona! This fully remodeled 3-unit property offers strong cash flow potential with stable, on-time paying tenants already in place. All units will be delivered tenant-occupied, providing immediate income for the next owner.
Unit mix includes:
• 5 bedrooms / 2 bathrooms
• 4 bedrooms / 2 bathrooms
• 3 bedrooms / 2 bathrooms
Each unit has been recently upgraded, offering modern finishes and desirable layouts—ideal for long-term tenant retention and market-ready rent potential. Tenants are currently month-to-month, giving investors flexibility for future rental adjustments while maintaining steady income from day one.
With its size, location, and updated interiors, this property is perfect for investors seeking a turnkey, cash-flowing multi-family asset in a high-demand rental area.

Location

State CA

County Riverside

Area 248 - Corona

Interior

Interior Features All Bedrooms Down

Heating Wall Furnace

Fireplace No

Laundry Common Area

Exterior

Parking Features Assigned, Electric Gate

Pool None

Community Features Sidewalks

Private Pool No

Building

Lot Description 0-1 Unit/Acre

Story 1

Entry Level One

Sewer Private Sewer

Water Public

Level or Stories One

New Construction No

Others

Senior Community No

Tax ID 118124008

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

CRMLS – RECore
Listed by Karen Castillo Century 21 Allstars 310-863-0030
SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Dwight D. Eisenhower Elementary

    Public | KG - 6

  • 9

    Lincoln Alternative Elementary School

    Public | KG - 6

  • 8

    Ben Franklin Elementary

    Public | KG - 6

  • 8

    Norco Elementary

    Public | KG - 6

  • 8

    Susan B. Anthony Elementary

    Public | KG - 6

  • 7

    Cesar Chavez Academy

    Public | KG - 8

  • 7

    Vicentia Elementary

    Public | KG - 6

  • 7

    George Washington Elementary

    Public | KG - 6

  • 6

    Prado View Elementary

    Public | KG - 6

  • 6

    Foothill Elementary

    Public | KG - 6

  • 5

    John Adams Elementary

    Public | KG - 6

  • 5

    Coronita Elementary

    Public | KG - 6

  • 5

    Jefferson Elementary

    Public | KG - 6

  • 5

    Garretson Elementary

    Public | KG - 6

  • 5

    John Stallings Elementary

    Public | KG - 6

  • 3

    Parkridge Elementary

    Public | KG - 6

  • 2

    Corona-Norco Alternative

    Public | KG - 12

  • 0

    Childrens Montessori Center

    Private | PK - 1

  • 0

    Corona Christian School

    Private | PK - KG

  • 0

    Grace Christian Academy

    Private | PK - 12

Middle Schools 5
  • 7

    Norco Intermediate

    Public | 7 - 8

  • 6

    Citrus Hills Intermediate

    Public | 7 - 8

  • 6

    Corona Fundamental Intermediate School

    Public | 6 - 8

  • 4

    Auburndale Intermediate

    Public | 7 - 8

  • 3

    Letha Raney Intermediate

    Public | 6 - 8

High Schools 10
  • 9

    Santiago High School

    Public | 9 - 12

  • 8

    John F. Kennedy High School

    Public | 10 - 12

  • 8

    Centennial High School

    Public | 9 - 12

  • 7

    Norco High School

    Public | 9 - 12

  • 5

    Corona High School

    Public | 9 - 12

  • 0

    Corona Vista High School

    Public | 9 - 12

  • 0

    Orange Grove High School

    Public | 9 - 12

  • 0

    Lee V. Pollard High School

    Public | 9 - 12

  • 0

    Norco Vista High School

    Public | 11 - 12

  • 0

    Centennial Vista High School

    Public | 9 - 12

School and business data provided by Attom Data.

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1240 E ST