Exceptional investment opportunity in the heart of Corona! This fully remodeled 3-unit property offers strong cash flow potential with stable, on-time paying tenants already in place. All units will be delivered tenant-occupied, providing immediate income for the next owner. Unit mix includes: 5 bedrooms / 2 bathrooms 4 bedrooms / 2 bathrooms 3 bedrooms / 2 bathrooms Each unit has been recently upgraded, offering modern finishes and desirable layoutsideal for long-term tenant retention and market-ready rent potential. Tenants are currently month-to-month, giving investors flexibility for future rental adjustments while maintaining steady income from day one. With its size, location, and updated interiors, this property is perfect for investors seeking a turnkey, cash-flowing multi-family asset in a high-demand rental area.
Features
12 bedrooms
6 bathrooms
crop_free6970 sq. ft. lot size
cottageMulti-Family
Property history for 1240 E St
2021
Sold
$950,000
25 Oct 2021 by Carole Lee Chatagneau, of New Star Realty & Investment
2019
Sold
$550,000
02 Oct 2019
2019
Sold
$550,000
02 Oct 2019 by Sandy Norman
Happy sellers in Corona
79%
sentiment_satisfied
79% of sellers in Corona reported that their sale price either exceeded or met their price expectations.
Corona stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.
This is based on voluntary sentiment collected from 17 reviews in Corona over the last 12 months.
Local market activity for 12 bedroom multi families in Corona
Sold
For Sale
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