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  • MLS#: CV25171604 ( Triplex )
  • Street Address: 311 8th Street
  • Viewed: 4
  • Price: $1,400,000
  • Price sqft: $0
  • Waterfront: No
  • Year Built: 2010
  • Bldg sqft: 0
  • Days On Market: 9
  • Additional Information
  • County: RIVERSIDE
  • City: Corona
  • Zipcode: 92879
  • Subdivision: Horsethief Canyon
  • Provided by: CB RICHARD ELLIS
  • Contact: Eric Eric
  • California Regional MLS IDX
  • DMCA Notice
  • Description
    An exceptional opportunity to acquire a 3 unit multifamily property located at 723 Victoria Avenue and 311 E 8th Street in Corona. This versatile property is ideally situated adjacent to the 91 Freeway, just off Main Street, within Coronas historic Circlean area central to the citys charming Grand Boulevard. This distinctive property encompasses three residences situated on two individual adjacent parcels combining for a substantial total lot size of 10,455 square feet. The offering includes a classic 1924 two bedroom, one bathroom home on one parcel, alongside a modern 2010 duplex on an adjacent parcel. The contemporary duplex features an appealing Spanish tile roof, and all residences are complemented by inviting outdoor areas with mature landscaping and vibrant palm trees. The standalone home provides enhanced privacy with its brick gated yard and an attached garage. Each duplex unit offers the convenience of an attached two car garage, with the downstairs unit further benefiting from a spacious, landscaped front yard. The upstairs duplex unit boasts a spacious private patio. All three residences come fully equipped with kitchens, individual AC/heating, window coverings, and washer/dryer hook ups. The property is in close proximity to Corona Regional Medical Center and diverse shopping centers, theaters, restaurants, trendy shops, and outdoor malls. Riverside County features a robust and growing workforce driven by major regional distribution centers.
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Features
Accessibility Features
  1. Parking
Additional Parcels Description
  1. 117194022
Appliances
  1. Dishwasher
  2. Gas & Electric Range
Architectural Style
  1. Spanish
Assessments
  1. Unknown
Association Fee
  1. 0.00
Building Area Total
  1. 3526.00
Commoninterest
  1. None
Common Walls
  1. 2+ Common Walls
Cooling
  1. Central Air
  2. Wall/Window Unit(s)
Country
  1. US
Electric
  1. Standard
Electric Expense
  1. 0.00
Fencing
  1. Wood
Fireplace Features
  1. None
Flooring
  1. Carpet
Fuel Expense
  1. 0.00
Garage Spaces
  1. 3.00
Heating
  1. Central
Insurance Expense
  1. 2103.00
Interior Features
  1. Balcony
  2. Ceiling Fan(s)
Laundry Features
  1. Washer Hookup
Levels
  1. Two
Lockboxtype
  1. None
Lot Features
  1. 2-5 Units/Acre
Netoperatingincome
  1. 33682.00
Newtaxesexpense
  1. 15657.00
Parcel Number
  1. 117194024
Parking Features
  1. Direct Garage Access
  2. Driveway
  3. Garage Faces Side
  4. Garage - Two Door
  5. Off Street
  6. Private
Pool Features
  1. None
Postalcodeplus4
  1. 2270
Property Type
  1. Triplex
Property Condition
  1. Turnkey
Road Frontage Type
  1. Alley
Roof
  1. Shingle
  2. Spanish Tile
Sewer
  1. Public Sewer
Sourcesystemid
  1. CRM
Sourcesystemkey
  1. 444138601:CRM
Spa Features
  1. None
Subdivision Name Other
  1. Horsethief Canyon
Taxblock
  1. 117
Tenant Pays
  1. Electricity
  2. Gas
  3. Water
Totalexpenses
  1. 21026.00
Trash Expense
  1. 516.00
Utilities
  1. Natural Gas Connected
  2. Water Connected
Vacancyallowance
  1. 1692
View
  1. None
Water Sewer Expense
  1. 0.00
Water Source
  1. Public
Window Features
  1. Blinds
  2. Screens
Year Built
  1. 2010
Year Built Source
  1. Seller
Zoning
  1. R3