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570 Penrose Drive, Corona, CA 92878

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For Sale

$1,525,000

10 beds • 4 baths • 4 half baths • 4,700 sqft

Estimated Payment

$      /mo. †

APR for 30 years

Change Loan Terms

  • Multi-Family (2-4 Units)
    Property type

  • Newly Listed
    Time on Century 21

  • $324.47
    Price per square foot

  • Over 50 Years Old
    Age

Explore this Property

We are delighted to present this improved 4-unit fourplex a rare blend of 3-bedroom and 2-bedroom townhouse units. This is an income producer. The larger units bring more income and long-term stable tenants. The well-maintained and gated complex includes additional income opportunities through rented garage space. Located near downtown Corona, this community benefits from surrounding growth and city enhancements. The community is comprised of four townhome units with communal spaces downstairs and bedrooms upstairs. The end units offer a third bedroom, contributing significantly to the income. The current owners have made extensive improvements, such as installing centralized HVAC, block-walled patios, and a private central courtyard. Each unit comes with over two years of years of prepaid insurance through Choice Home Warranty, covering most repair services for both owners and tenants. Additional amenities include ceiling fans, private patios, and entries opening to an attractive central greenbelt. The units are individually metered for electricity and gas, with the owner covering water and trash expenses. The property also generates extra income through garage rentals that are sold with the units. For potential investors, this property provides an opportunity to acquire a substantial income-producing asset in one of Riverside County's most desirable cities. The actual rental income is far higher than comparable units with additional room for upside. Drive by only, do not disturb the tenants. Call Dan at 714-420-6772 to discuss the investment.
MLS# PW24129998

Courtesy Of Daniel Adelseck Realty

(714) 420-6772

Property Features

  • Age
    Over 50 Years Old
  • Amenities
    Lawn, Ceiling Fan
  • Appliances
    Garbage Disposer, Oven - Gas, Range - Gas
  • Architecture Style
    Other
  • Cooling System
    Central A/C
  • Floor Covering
    Tile, Vinyl
  • Heating System
    Central Furnace
  • Roof Type
    Unknown
  • Rooms
    Bedroom, Full Bath, Half Bath

Map and Directions

Directions to 570 Penrose Drive, Corona, CA 92878

Home seller CENTURY 21 Realty Masters

Get to know the neighborhood. A local affiliated CENTURY 21 office will help you set up tours, give advice, and negotiate with sellers.

CENTURY 21 Realty Masters

(323) 722-7300
Learn More About Us

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Monthly Payment Breakdown

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† Based on a 30-year fixed rate of 3.38% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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