570 Penrose , Corona, CA 92878
$1,799,900
Est. Payment: $9,533.45/mo
10 Bed
8 Bath
4700 Sqft
Status: Active | Days on site: 4
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OC22363 - SDAVICAM
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House Description

Over $11,100 in monthly rental income! Here's your chance to own a beautifully renovated 4-plex, now available in the heart of Corona. This upscale property is in a very quiet and peaceful neighborhood of Corona, conveniently located just minutes from the 91 Freeway, Corona's Metrolink Station, and also the "Metro at Main" commercial center - a brand-new mixed-use project consisting of more than 60,000 square feet of ground-floor retail. Perfectly situated on a corner lot within a gated courtyard, each unit of the building is two levels, townhome style, with nobody above or below, offering much more privacy for each tenant. The property consists of two spacious 3-bed/1.5 bath units, and two 2-bed/1.5 bath units. The building has just been repainted and upgraded with all-new landscaping, including a drip system which requires minimal water use. Each unit has been upgraded with central A/C, which is very rare for this area, and an added value for tenants. There are two detached 2-car garages, which offer one assigned space for each unit. All tenants keep to themselves and pay rent on time. Two of the units receive Section 8 assistance, with direct deposits sent to your bank account for rent every month. This beautiful property can be sold by itself, or together with it's neighboring 4-plex at 586 Penrose Drive. Don't miss out on this unique opportunity!

Highlights

Listed by Cameron Davis , 949-350-0808 Selling OC Real Estate , 949-350-0808. CRMLS/Multi-Regional MLS mls logo

Property Type

Multi-Family

Lot/Acreage
0.19

Year Built

1964

County

Riverside

Area

248 - Corona

Neighborhood

Penrose Drive

Listing ID

OC26194182

Questions about this listing?

Contact Agent

Interior Features

Bedrooms and Bathrooms
  • Bedrooms:10
  • Bathrooms:8
  • Full Bathrooms:
Air Cond:Central Air
Fireplaces:
Water:Public

Exterior Features

Lot:Corner Lot,Drip Irrigation/Bubblers,Landscaped,Level,Sprinkler System,Yard,No Land Lease
Garage Capacity:4
Roof:Composition,Shingle
Others:
  • Additional:Lighting, Updated/Remodeled, Stucco, 2+ Total Units
Sewer:Public Sewer
Parking Features:Door-Multi,Garage,Garage Door Opener,Off Street,Garage Faces Rear
Principal Interest
$9,533
Taxes
$1,147

Home Price

$1,799,900

Loan Details

30 yrs
6.952%

Down Payment

20%
$359,980
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$9,533.45

Principal

Taxes

Principal Taxes HOA Total
Monthly $9,533.45 $1,147.44 $0.00 $10,680.89
Yearly $114,401.41 $13,769.24 $0.00 $128,170.64
Total $3,432,042.20 $413,077.05 $0.00 $3,845,119.25

Today's Rates

30 Year

6.95%

20 Year

6.73%

15 Year

6.35%

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Market insight data is pulled from the same city as the listing being viewed (Corona, CA).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Based on information from California Regional Multiple Listing Service, Inc. 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. All properties are subject to prior sale, change or withdrawal.

IDX service by Blueroof 360

Data last updated: 2026-09-23T07:04:54.000Z

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