Corona (248) Homes with Asphalt Parking features

Corona (248) Homes with Asphalt Parking features

Welcome to Corona, California – a vibrant city nestled in Riverside County, known for its picturesque landscapes, friendly community, and a plethora of amenities that cater to a diverse lifestyle. With its prime location, just a stone’s throw away from the stunning Santa Ana Mountains, Corona offers residents a perfect blend of suburban tranquility and urban convenience.

As you explore the charming neighborhoods of Corona, you'll discover a variety of homes designed to meet the needs of modern living. One standout feature of many properties in this region is the availability of homes with asphalt parking. This practical feature not only enhances the curb appeal of your home but also provides a durable and low-maintenance solution for your vehicle storage needs. Asphalt parking areas are ideal for homeowners who appreciate the ease of access and the neat appearance they offer.

Living in Corona means enjoying the best of Southern California living. The city boasts excellent schools, a range of shopping and dining options, and abundant recreational opportunities, including parks, hiking trails, and golf courses. The community hosts various events throughout the year, fostering a strong sense of belonging among residents.

Whether you are a first-time homebuyer or looking to settle down in a family-friendly environment, Corona has something for everyone. With its inviting neighborhoods and homes equipped with practical amenities like asphalt parking, you’ll find the perfect place to call home in this thriving city. Come discover the charm of Corona and see why so many choose to make it their home!

Newest Corona (248) Homes with Asphalt 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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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.