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    BEDS
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    1/2 BATHS
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    $/SQFT

Listing Details

Status
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On Site
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On Market
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MLS #
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Neighborhood
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Type
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Built
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School Ratings & Info

Description

10-unit apartment building in heart of Corona, California. The Howard Apartments is a two-story apartment building containing an ideal unit mix of 10 1-bedroom 1-bathroom units. This asset offers investors a true value-add opportunity where current rents are nearly 30% below market. The building has been meticulously maintained and the roof was completely replaced within the last six months. The property has a laundry room on site and ample parking for the tenants.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T00:25:39.083. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
www.bestsocalhomesearch.com/homes/117644786
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712 S Howard St Corona, CA 02879

  • Price: $2,000,000
  • Status: Active
  • ID#: CV21114146
0
Beds
0
Baths
0
½ Baths
0.17
Acres
1963
Built
Neighborhood:
Other (Othr)
County:
Riverside
Area:
248 - Corona
Property Description
10-unit apartment building in heart of Corona, California. The Howard Apartments is a two-story apartment building containing an ideal unit mix of 10 1-bedroom 1-bathroom units. This asset offers investors a true value-add opportunity where current rents are nearly 30% below market. The building has been meticulously maintained and the roof was completely replaced within the last six months. The property has a laundry room on site and ample parking for the tenants.
Exterior Features

Number Of Separate Electric Meters 1 Parking Total 0 Pool Features None Pool Private YN No Property Attached YN Yes

Interior Features

Common Walls 2+ Common Walls

Property Features

Additional Parcels YN No Association Fee 0 Association YN No Common Interest None Community Features Suburban Electric Expense 2375 Fuel Expense 0 Garage YN No Gross Income 112908 Gross Scheduled Income 112908 Insurance Expense 4137 Land Lease YN No Laundry Features Common Area Levels Two Listing Agreement Seller Reserved Listing Service Full Service Listing Terms Contract Net Operating Income 56131 New Construction YN No New Taxes Expense 25000 Number Of Separate Gas Meters 1 Number Of Separate Water Meters 1 Operating Expense 56777 Property Sub Type Single Family Residence Rent Control YN No Senior Community YN No Sewer Other Special Listing Conditions Standard Trash Expense 5193 Water Sewer Expense 15011 Water Source Other

Listing provided courtesy of Nick Mercurio of Cb Richard Ellis


Based on information from California Regional Multiple Listing Service, Inc. as of 2021-09-20T00:25:39.083. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Realty ONE Group Empire. Licensed in the State of California, USA.
 
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Realty ONE Group Empire
13330 Ranchero Rd. Ste 12
Oak Hills CA, 92344