1124 W 9th St, Corona, CA 92882
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1124 W 9th St Corona, CA 92882

$1,170,000 Sold Price as of 09/12/2022
  • 8 Beds
  • 8 Baths
  • 3,800 Sq.Ft.
Sold
$1,170,000 Sold Price as of 09/12/2022 Refinance Your Mortgage

Map preview of 1124 W 9th St, Corona, CA 92882

Property Overview: 1124 W 9th St Corona, CA has 8 bedrooms, 8 bathrooms, 3,800 living square feet and 7,841 square feet lot size. Call an Ardent Real Estate Group agent with any questions you may have.

Agent Remarks: Great opportunity to acquire a fourplex in the city of Corona. All units are 2 bedroom 2 bath and have laundry hookups in each apartment. This value added property features long term tenants and has lots of upside income potential. Carports are behind the units with alley access.

Listed by John Stephens | BRE #01238307 | KW COMMERCIAL
Last checked: 7 minutes ago | Last updated: September 13th, 2022 | Source CRMLS | DOM: 32

Home details

Lot Sq. Ft
7,841
HOA Dues
$0/mo
Year built
1970
Garage
--
Property Type:
Multi Family
Status
Sold
MLS#
CV22151157
City
Corona
County
Riverside
Time on Site
786 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 1
  • # of Electric Meters: 4
  • # of Gas Meters: 1
  • # of Water Meters: 0
Unit Breakdown 1
  • # of Units: 4
  • # of Beds: 2
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Unfurnished
  • Actual Rent: $4,380
  • Total Rent: $4,380
  • Pro Forma/Market Rent: $7,180
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $52,560
  • Net Operating Income: $28,231
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $15,768
  • Electric: $226
  • Gas/Fuel: $946
  • Trash: $2,808
  • Insurance: $1,246
  • Water/Sewer: $4,103

Property Details for 1124 W 9th St

Interior Features
Laundry Information
  • Has Laundry
  • Washer Hookup
Exterior Features
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: Front Yard
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Common Walls: 2+ Common Walls
  • Total # of Units: 4
  • Parcel Number: 110072004
  • Year Built Source: Estimated
  • Property is Attached
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Sewer: None
  • Water Source: Public
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: None
  • Directions: 9th & Lincoln
Neighborhood Information
  • Community Features: Sidewalks
View more facts & features

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Sale History for 1124 W 9th St

Last sold for $1,170,000 on September 12th, 2022
  • September, 2022

  • Sep 12, 2022

    Date

    Sold

    CRMLS: CV22151157

    $1,170,000

    Price

  • Jul 14, 2022

    Date

    Active

    CRMLS: CV22151157

    $1,200,000

    Price

  • September, 2019

  • Sep 7, 2019

    Date

    Leased

    CRMLS: IG19197456

    $1,100

    Price

  • Aug 23, 2019

    Date

    Pending

    CRMLS: IG19197456

    $1,100

    Price

  • Aug 21, 2019

    Date

    Active

    CRMLS: IG19197456

    $1,100

    Price

  • Listing provided courtesy of CRMLS

    Cozy 2 bed 2 bath apartment in the heart of Corona. Well maintained and freshly painted with new carpet. Fireplace in the living room. Laundry inside! The kitchen opens to the living room and has space for a dinette. Washer & dryer hookups located inside. Carport parking for 1 car. Water and trash included!

  • December, 2007

  • Dec 13, 2007

    Date

    Sold (Public Records)

    Public Records

    $715,000

    Price

  • August, 1998

  • Aug 13, 1998

    Date

    Sold (Public Records)

    Public Records

    $185,000

    Price

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Tax History for 1124 W 9th St

Assessed Value (2020): $714,000
Year Land Value Improved Value Assessed Value
2020 $153,000 $561,000 $714,000

Home Value Compared to the Market

This property vs the competition

1124 W 9th St sold on September 12, 2022 for 63.49% 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 $315.79 per/sqft which puts the price per square foot 22.41% lower than the current median sale per square foot for the city of Corona.

About 1124 W 9th St

Detailed summary of property

1124 W 9th St is a multi family that recently sold in Corona, CA 92882. This multi family property offered 8 bedrooms, 8 bathrooms, roughly 3,800 living square feet, and sits on an approximately 7,841 square foot lot. 1124 W 9th St was first listed on ArdentRealEstateGroup.com on July 26, 2022. The homeowner sold the property for $1,170,000. 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 63.49% higher than the current median priced home. Local homes that are currently for sale include 931 S Towne Ave, 1423 S Hamilton Blvd and 1936 W Linden St. While the average home in Corona, CA is selling in 61 days, 1124 W 9th St has a days on market of 32 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 1124 W 9th 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 1124 W 9th St

Public county record property details
Beds
--
Baths
--
Year built
1964
Sq. Ft.
--
Lot Size
7,840
Stories
2
Type
Apartment House (5+ Units)
Pool
No
Spa
No
County
Riverside
Lot#
5
APN
110-072-004

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%)

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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.