Deal numbers

A cap rate estimate is not available for this property yet. Ask Alex for a pro forma using comparable rent data.

Property details

Type

Triplex

Bedrooms

3

Building size

2,016 sqft

Lot size

7,841 sqft

Year built

1964

Stories

1

Garage spaces

0

Pool

None

Status

Active

Days on market

81

MLS #

243774492

About this property

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.

Location

1106 E 7th

Corona, Riverside, CA, 92879