Corona (248) Homes with Off Site Parking features

Welcome to Corona, California, a vibrant city nestled in Riverside County that perfectly blends suburban charm with easy access to urban amenities. Known for its picturesque landscapes and friendly community, Corona offers a delightful living experience for families, professionals, and retirees alike. With its stunning views of the nearby Santa Ana Mountains and a wealth of recreational opportunities, it's no wonder that this city has become a sought-after destination for homebuyers.

One of the standout features of homes in this region is the availability of off-site parking. In a city where outdoor activities abound and community gatherings are frequent, having ample parking space is a significant advantage. Many homes in Corona come equipped with off-site parking options, allowing residents the luxury of accommodating guests and enjoying the convenience of additional vehicle storage. Whether you have multiple cars, a boat, or an RV, you’ll find that these properties cater to your lifestyle needs.

The local real estate market in Corona is diverse, offering everything from charming single-family homes to modern townhouses, each with unique features and designs. The community is also well-served by excellent schools, parks, and shopping centers, making it an ideal place for families and individuals looking to settle down.

Explore the opportunities that await you in Corona, where beautiful homes with off-site parking are just the beginning of what makes this city so special. Come and discover the perfect blend of comfort, convenience, and community life in this beautiful corner of California!

Newest Corona (248) Homes with Off Site Parking features

$2,000,000

CV26189840 MLS ⋅ Active Status

We are pleased to present the The Howard Apartments, a 10-unit multifamily investment property located at 712 S Howard Street in Corona, California. The property is currently operating at approximately a 5.04% cap rate with rents approximately 20% below market, providing investors with an attractive value-add opportunity and potential for future income growth. Effective January 2027, scheduled rent increases across all 10 units will generate an additional $950 per month in rental income, or approximately $11,400 annually. Based on current operating performance, these increases are projected to result in an approximate 5.60% cap rate, with additional rental upside providing the potential for a pro forma cap rate approaching 7.00%. Built in 1963, the two-story property consists of approximately 6,000 square feet on an approximately 7,405-square-foot lot. The unit mix consists entirely of 10 one-bedroom / one-bathroom units averaging approximately 600 square feet each. Current ownership has completed several capital improvements, including the refurbishment of six units, installation of tile showers in seven units, copper water line repiping approximately 10 years ago, and roof replacement approximately six to seven years ago. Most water heaters have also been replaced, and electric heaters were installed approximately five to seven years ago. Additional features include ample tenant parking and an on-site laundry room. The property is all-electric with no gas service. The property benefits from a central Corona location with convenient access to employment, shopping, dining, transportation, and everyday amenities. Nearby State Route 91 and Interstate 15 provide connectivity throughout the Inland Empire, Orange County, and the greater Southern California region. Please do not disturb tenants, walk the property, or contact anyone at the property. Interior inspections will be conducted only upon an accepted offer.

712 S Howard, Corona

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