Corona, CA 92881,7979 Minnesota RD #A
Corona, CA 92881,7979 Minnesota RD #A
Corona, CA 92881,7979 Minnesota RD #A
Corona, CA 92881,7979 Minnesota RD #A
Corona, CA 92881,7979 Minnesota RD #A
Corona, CA 92881,7979 Minnesota RD #A
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$ 1,610,000
Est. payment | /mo

0.5 Acres Lot


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$ 1,610,000
Est. payment | /mo
Save

0.5 Acres Lot

Key Details

Property Type Multi-Family

Sub Type Duplex

Listing Status Active

Purchase Type For Sale

Subdivision Cust

MLS Listing ID OC25200220

HOA Y/N No

Year Built 1958

Lot Size 0.500 Acres

Property Sub-Type Duplex

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

Area 248 - Corona

Zoning R-A-1

Interior

Interior Features All Bedrooms Down, Galley Kitchen

Heating Wall Furnace

Cooling Wall/Window Unit(s)

Flooring Vinyl

Fireplaces Type Family Room, See Remarks

Fireplace Yes

Appliance Electric Water Heater, Free-Standing Range, Refrigerator

Laundry In Garage

Exterior

Parking Features Door-Single, Driveway, Garage Faces Front, Garage

Garage Spaces 6.0

Garage Description 6.0

Pool None

Community Features Street Lights

Utilities Available Electricity Connected, Natural Gas Connected, Water Connected

Accessibility None

Total Parking Spaces 6

Private Pool No

Building

Lot Description Landscaped

Story 1

Sewer Shared Septic

Water Public

New Construction No

Others

Senior Community No

Tax ID 277110062

Acceptable Financing Cash, Cash to New Loan, Conventional

Listing Terms Cash, Cash to New Loan, Conventional

Special Listing Condition Standard

CRMLS – RECore
Listed by Jake Bullock Bullock Russell RE Services 949-293-7679

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7979 Minnesota RD #A