Residential Income — 570 Penrose, Corona, CA
$1,799,900
570 Penrose, Corona, CA
About this property
Over $11,100 in monthly rental income! Here's your chance to own a beautifully renovated 4-plex, now available in the heart of Corona. This upscale property is in a very quiet and peaceful neighborhood of Corona, conveniently located just minutes from the 91 Freeway, Corona's Metrolink Station, and also the "Metro at Main" commercial center - a brand-new mixed-use project consisting of more than 60,000 square feet of ground-floor retail. Perfectly situated on a corner lot within a gated courtyard, each unit of the building is two levels, townhome style, with nobody above or below, offering much more privacy for each tenant. The property consists of two spacious 3-bed/1.5 bath units, and two 2-bed/1.5 bath units. The building has just been repainted and upgraded with all-new landscaping, including a drip system which requires minimal water use. Each unit has been upgraded with central A/C, which is very rare for this area, and an added value for tenants. There are two detached 2-car garages, which offer one assigned space for each unit. All tenants keep to themselves and pay rent on time. Two of the units receive Section 8 assistance, with direct deposits sent to your bank account for rent every month. This beautiful property can be sold by itself, or together with it's neighboring 4-plex at 586 Penrose Drive. Don't miss out on this unique opportunity!
Property details
Location
570 Penrose • Corona, CA 92878
Listed by
Cameron Davis · Selling OC Real Estate
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