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$ 1,599,999
Est. payment /mo
Price Dropped by $10K
7979 Minnesota Road Corona, CA 92881
8 Beds
0.5 Acres Lot
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Res Income 2-4 Units
Listing Status Active
Purchase Type For Sale
MLS Listing ID OC25200220
Bedrooms 8
Lot Size 0.500 Acres
Property Sub-Type Res Income 2-4 Units
Property Description
A truly unique offering in the Corona market, this six-unit multifamily property is a rare find for a savvy investor. There are no other properties of this size on the market, making this an unparalleled chance to acquire a significant, income-generating asset. This is a turnkey investment with all six units currently occupied by tenants, providing immediate, stable cash flow from day one. The property consists of six identical units, each featuring a spacious 2-bedroom, 1-bathroom layout. A dedicated single-car garage for each unit adds significant value and tenant appeal. While the location may not be considered prime, this property's high-occupancy history and consistent rental income showcase its proven performance and strong cash flow. This is a perfect opportunity for a strategic buyer to expand their portfolio and benefit from a high-yield asset that is insulated from the volatility of single-family rentals. The unique size of this property means less competition and a higher barrier to entry, protecting your investment for the long term.
Location
State CA
County Riverside
Zoning Appraiser
Direction Park in drive way
Interior
Cooling Wall/Window
Fireplace No
Exterior
View Y/N No
Building
Story 1
Level or Stories 1
Others
Senior Community No
Tax ID 277110062
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional

Listed by Jake Bullock Bullock Russell RE Services

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