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1016 W Olive St, Corona, CA 92882
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1016 W Olive St Corona, CA 92882

$1,500,000 Sold Price as of 04/08/2022
  • 6 Beds
  • 4.5 Baths
  • 4,000 Sq.Ft.
Sold
$1,500,000 Sold Price as of 04/08/2022 Refinance Your Mortgage
Map preview of 1016 W Olive St, Corona, CA 92882

Property Overview: 1016 W Olive St Corona, CA has 6 bedrooms, 4.5 bathrooms, 4,000 living square feet and 28,750 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Well cared for Owner occupied since these were built, double lot, with water and sewer and power to each lot, 2 single family homes, Could be 2 bedrooms and 3 bedrooms, each with separate detached garages and nice additional apartment above garage, additional free standing studio unit and another space next to garage that could be occupied. 3 additional storage sheds neatly tucked into rear of property, Impeccably clean and excellent landscaping. Fantastic upside potential for long term investment Live in one and rent out the others. Potential for increasing square footage, Excellent area in desirable part of Corona, excellent landscaping, plenty of parking, ideal for gardening, fruit trees,

Listed by Linda Holmes | BRE #00881789 | Century 21 Masters
Last checked: 12 minutes ago | Last updated: April 11th, 2022 | Source CRMLS | DOM: 50

Home details

Lot Sq. Ft
28,750
HOA Dues
$0/mo
Year built
1960
Garage
4 Car
Property Type:
Single Family Home
Status
Sold
MLS#
IG21231157
City
Corona
County
Riverside
Time on Site
982 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 4
  • # of Leased Units: 1
  • # of Electric Meters: 3
  • # of Gas Meters: 2
  • # of Water Meters: 2
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 1
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 0
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $1,500
  • Total Rent: $1,500
  • Pro Forma/Market Rent: $1,500
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 2
  • # of Baths: 1
  • Garage Spaces: 2
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,000
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $8,500
  • Net Operating Income: $0
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $0
  • Electric: $0
  • Gas/Fuel: $0
  • Trash: $0
  • Insurance: $0
  • Water/Sewer: $0

Property Details for 1016 W Olive St

Interior Features
Cooling Information
  • Has Cooling
  • Central Air, Electric, Wall/Window Unit(s)
Heating Information
  • Has Heating
  • Central, Space Heater
Laundry Information
  • Has Laundry
  • In Garage, In Kitchen, Individual Room
Fireplace Information
  • Has Fireplace
  • Living Room
Room Information
  • Family Room, Kitchen, Living Room, See Remarks
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Composition
  • Barbecue Private
  • Has Fence
  • Block, Chain Link, Cross Fenced
  • Other Structures: Guest House Detached, Storage, Two On A Lot, Workshop
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Garage Spaces: 4
  • # of Parking Spaces: 10
  • Parking Features: Driveway, Driveway Level, Garage, Garage Faces Front, Garage Faces Rear, On Site, Private, RV Access/Parking, Shared Driveway, Street, Tandem Garage
Lot Information
  • Lot Features: 2-5 Units/Acre, Landscaped, Lawn, Lot 20000-39999 Sqft
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Has View
  • View: Mountain(s), Neighborhood
  • Common Walls: No Common Walls
  • Total # of Units: 4
  • Parcel Number: 110242009
  • Year Built Source: Estimated
  • Architectural Style: Bungalow, Craftsman, Custom Built, Mid Century Modern, See Remarks
  • Foundation Details: Combination, Concrete Perimeter, Raised
  • Property is not Attached
  • Property Condition: Additions/Alterations, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Public Sewer
  • Water Source: Public
  • Utilities: Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected
Assessment Information
  • Has Assessments
  • Assessments: Unknown
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: N/A
  • Directions: Turn left onto E Ontario Ave, Turn right onto S Buena Vista Ave, Turn left onto W Olive St
  • Road Frontage Type: City Street
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Suburban
View more facts & features

Local Corona Agent

Sale History for 1016 W Olive St

Last sold for $1,500,000 on April 8th, 2022

  • March, 2022

  • Mar 9, 2022

    Date

    Pending

    CRMLS: IG21215207

    $1,500,000

    Price

  • Oct 12, 2021

    Date

    Active Under Contract

    CRMLS: IG21215207

    $1,500,000

    Price

  • Listing provided courtesy of CRMLS

    Welcome home! 4 homes on one lot! Over ½ acre! Hurry this will not last!

  • February, 2022

  • Feb 8, 2022

    Date

    Active

    CRMLS: IG21231157

    $1,500,000

    Price

  • Jan 10, 2022

    Date

    Active

    CRMLS: IG21231157

    $1,500,000

    Price

  • March, 2020

  • Mar 11, 2020

    Date

    Leased

    CRMLS: IG20023911

    $1,200

    Price

  • Mar 5, 2020

    Date

    Price Change

    CRMLS: IG20023911

    $1,000

    Price

  • Feb 3, 2020

    Date

    Active

    CRMLS: IG20023911

    $1,300

    Price

  • Listing provided courtesy of CRMLS

    Welcome home!Impeccable location, lush landscaping, quiet neighbors, This detached cottage studio is in pristine condition featuring a full bathroom, bedroom/living space, full kitchen with upgraded cabinetry and granite counter tops, electric stove, newer wood blinds, its own access/entry, back patio, security screen door, wood laminate flooring, fresh interior and exterior paint, ceiling fan, and so much more! Hurry this adorable cottage in this fantastic location will not last!!! Heat and Air conditioning,

  • October, 2003

  • Oct 31, 2003

    Date

    Sold (Public Records)

    Public Records

    $675,000

    Price

Show More

Tax History for 1016 W Olive St

Assessed Value (2020): $642,720
Year Land Value Improved Value Assessed Value
2020 $152,600 $490,120 $642,720

Home Value Compared to the Market

This property vs the competition

1016 W Olive St sold on April 8, 2022 for 104.36% higher than the current median sold price for the city of Corona which is $734,000. The median sold price per/sqft for Corona is $407 and this home is sold at $375 per/sqft which puts the price per square foot 7.86% lower than the current median sale per square foot for the city of Corona.

About 1016 W Olive St

Detailed summary of property

1016 W Olive St is a single family home that recently sold in Corona, CA 92882. This house offered 6 bedrooms, 4.5 bathrooms, roughly 4,000 living square feet, and sits on an approximately 28,750 square foot lot. 1016 W Olive St was first listed on ArdentRealEstateGroup.com on January 10, 2022. The homeowner sold the property for $1,500,000. Home in Corona are selling for a median price of $734,000 and a median price per square foot of $407. Based on Ardent Real Estate Group's Corona Market Data, this home is sold 104.36% higher than the current median priced home. Local homes that are currently for sale include 1371 Corona Ave, 1104 Thoroughbred Ln and 2872 Santa Fiora Circle. While the average home in Corona, CA is selling in 61 days, 1016 W Olive St has a days on market of 50 days. There are currently 537 homes for sale in the Corona real estate market and 454 of them are single family homes while 79 of them are condos and 4 are townhomes. For more information on this home for sale at 1016 W Olive St Corona, CA 92882 contact Ardent Real Estate Group and we will put you in touch with one of our Corona agents.

Public Facts for 1016 W Olive St

Public county record property details
Beds
1
Baths
1
Year built
1955
Sq. Ft.
840
Lot Size
28,749
Stories
1
Type
Multi-Family Dwellings (Generic, Any Combination 2+)
Pool
No
Spa
No
County
Riverside
Lot#
7
APN
110-242-009

The source for these homes facts are from public records.

92882 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$794,000
Median List Price/Sq.Ft.
$428
Median Sold Price
$761,000
Median Sold Price/Sq.Ft.
$424
Total Inventory
118
Median Sale to List Price %
101.47%
Avg Days on Market
28
Loan Type
Conventional (56.82%), FHA (11.36%), VA (2.27%), Cash (18.18%), Other (11.36%)

Thinking of Selling?

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Thinking of Selling?
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(714) 706-1823

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Recently Sold Homes Near 1016 W Olive St

1028 W Olive St, Corona, CA 92882
$510,000 Last Sold Price
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2 Baths
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1028 W Olive St
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1321 Normandy Terrace, Corona, CA 92882
$610,000 Last Sold Price
3 Beds
2 Baths
1700 Sq.Ft.
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1033 Alta Loma Dr, Corona, CA 92882
$755,000 Last Sold Price
4 Beds
2 Baths
2139 Sq.Ft.
1033 Alta Loma Dr
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1001 Alta Loma Dr, Corona, CA 92882
$730,000 Last Sold Price
3 Beds
2 Baths
1728 Sq.Ft.
1001 Alta Loma Dr
Corona, CA 92882

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.

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