Corona, CA 92881,7979 Minnesota Road
Corona, CA 92881,7979 Minnesota Road
Corona, CA 92881,7979 Minnesota Road
9
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$1,350,000
Est. payment /mo
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8 Beds
4 Baths
0.5 Acres Lot
Active Under Contract

7979 Minnesota Road Corona, CA 92881

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Key Details

Property Type Multi-Family

Sub Type Res Income 2-4 Units

Listing Status Active Under Contract

Purchase Type For Sale

MLS Listing ID OC25200220

Bedrooms 8

Lot Size 0.500 Acres

Property Sub-Type Res Income 2-4 Units

Property Description

A truly unique offering in the Corona market, this six-unit multifamily property is a rare find for a savvy investor. There are no other properties of this size on the market, making this an unparalleled chance to acquire a significant, income-generating asset. This is a turnkey investment with all six units currently occupied by tenants, providing immediate, stable cash flow from day one. The property consists of six identical units, each featuring a spacious 2-bedroom, 1-bathroom layout. A dedicated single-car garage for each unit adds significant value and tenant appeal. While the location may not be considered prime, this property's high-occupancy history and consistent rental income showcase its proven performance and strong cash flow. This is a perfect opportunity for a strategic buyer to expand their portfolio and benefit from a high-yield asset that is insulated from the volatility of single-family rentals. The unique size of this property means less competition and a higher barrier to entry, protecting your investment for the long term.

Location

State CA

County Riverside

Zoning Appraiser

Direction Park in drive way

Interior

Cooling Wall/Window

Fireplace No

Exterior

View Y/N No

Building

Story 1

Level or Stories 1

Others

Senior Community No

Tax ID 277110062

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional


MLS Router / San Diego MLS
Listed by Jake Bullock Bullock Russell RE Services

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 10
  • 9

    Lincoln Alternative Elementary School

    Public | KG - 6

  • 9

    Lake Hills Elementary School

    Public | KG - 5

  • 8

    Susan B. Anthony Elementary

    Public | KG - 6

  • 7

    Orange Elementary

    Public | KG - 6

  • 7

    Woodrow Wilson Elementary

    Public | KG - 6

  • 5

    Garretson Elementary

    Public | KG - 6

  • 5

    John Stallings Elementary

    Public | KG - 6

  • 5

    Home Gardens Academy

    Public | KG - 8

  • 0

    Crossroads Christian Schools

    Private | PK - 12

  • 0

    Magnolia Preschool & Kindergarten

    Private | PK - KG

Middle Schools 1
  • 8

    El Cerrito Middle

    Public | 6 - 8

High Schools 3
  • 9

    Santiago High School

    Public | 9 - 12

  • 8

    Centennial High School

    Public | 9 - 12

  • 0

    Centennial Vista High School

    Public | 9 - 12

School and business data provided by Attom Data.

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Mona Hermiz

Mona Hermiz

Agent | License ID: 00830649

+1(619) 823-4309

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7979 Minnesota Road