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18590 Ambrosio Circle, Corona, CA 92881
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18590 Ambrosio Circle Corona, CA 92881

$1,400,000
  • 10 Beds
  • 7 Baths
  • 4,864 Sq.Ft.
Back Up Offer
$1,400,000 Get Pre-Qualified
Map preview of 18590 Ambrosio Circle, Corona, CA 92881

Property Overview: 18590 Ambrosio Circle Corona, CA has 10 bedrooms, 7 bathrooms, 4,864 living square feet and 45,738 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: SUBJECT TO CURRENT ESCROW CANCELLATION. $100,000 PRICE REDUCTION! Now offered at $100,000 BELOW the current appraised value! This exceptional investment property, nestled in the picturesque landscapes of Corona, features a newly built duplex set on a sprawling acre of land. Comprising two buildings with a total of 4 income-producing units, this property boasts a remarkable cash flow potential. The duplex seamlessly combines modern luxury with the beauty of nature, providing residents with a harmonious living experience. Each unit has its own private entrance, ensuring exclusivity and privacy. Thoughtfully designed interiors feature high ceilings, large windows, and an open floor plan that enhances the infusion of natural light. Luxurious touches abound, including hardwood floors, granite countertops, and stainless steel appliances in the gourmet kitchens. Residents can enjoy the vast acre of surrounding land for various activities, from recreation to gardening or simply basking in the peace and tranquility of the outdoors. Modern amenities include energy-efficient appliances, smart home features, and a dedicated parking area for each unit, enhancing the overall convenience and appeal of the property. Don't miss the opportunity to explore the potential of this investment! Hurry, this won't last!

Listed by Jon Beck | BRE #02050375 | Authentic Partners
Last checked: 13 minutes ago | Last updated: April 23rd, 2024 | Source CRMLS | DOM: 70
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Home details

Lot Sq. Ft
45,738
HOA Dues
$0/mo
Year built
2022
Garage
--
Property Type:
Duplex
Status
Back Up Offer
MLS#
OC23225722
City
Corona
County
Riverside
Time on Site
133 days
Multi-Family Unit Breakdown
Unit Mix Summary
  • Total # of Units: 4
  • Total # of Buildings: 2
  • # of Leased Units: 4
  • # of Electric Meters: 1
  • # of Gas Meters: 0
  • # of Water Meters: 1
Unit Breakdown 1
  • # of Units: 1
  • # of Beds: 1
  • # of Baths: 1
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Partially
  • Actual Rent: $2,000
  • Total Rent: $2,000
  • Pro Forma/Market Rent: $2,000
Unit Breakdown 2
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 3
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $3,000
  • Total Rent: $3,000
  • Pro Forma/Market Rent: $3,000
Unit Breakdown 4
  • # of Units: 1
  • # of Beds: 3
  • # of Baths: 2
  • Garage Spaces: 0
  • Garaged Attached? No
  • Furnishing: Furnished
  • Actual Rent: $1,800
  • Total Rent: $1,800
  • Pro Forma/Market Rent: $1,800
Multi-Family Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: $117,600
  • Net Operating Income: $62,600
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: $55,000
  • Gas/Fuel: $800
  • Trash: $1,500
  • Insurance: $2,500

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Property Details for 18590 Ambrosio Circle

Interior Features
Cooling Information
  • Has Cooling
  • Central Air
Heating Information
  • Has Heating
  • Central
Laundry Information
  • Has Laundry
  • Common Area
Fireplace Information
  • No Fireplace
  • None
Room Information
  • Flooring: Concrete
  • All Bedrooms Down
Kitchen Information
  • Has Appliances
  • Propane Oven, Propane Range
Interior Features
  • Levels: One
Exterior Features
Exterior Information
  • Roof: Metal
  • No Spa
  • Spa Features: None
Exterior Features
  • No Pool
  • Pool Features: None
Lot Details / Garage and Parking
Parking/Garage Information
  • # of Parking Spaces: 14
  • Has Parking
  • Parking Features: Driveway, Concrete
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Public Records
  • Common Interest: None
Property Information
  • No View
  • View: None
  • Common Walls: 1 Common Wall
  • Total # of Units: 4
  • Parcel Number: 278230065
  • Year Built Source: Public Records
  • Entry Level: 1
  • Foundation Details: Slab
  • Property is Attached
  • Accessibility Features: 2+ Access Exits
  • Property Condition: Turnkey, Updated/Remodeled
Homeowners Association, Utilities, Taxes / Assessments
Homeowners Association
  • Is Not Part of Association
Utilities Information
  • Sewer: Conventional Septic
  • Water Source: Public
Assessment Information
  • Has Assessments
  • Assessments: Special Assessments
Location / Neighborhood
Location Information
  • Subdivision Name: Other (OTHR)
  • Other Subdivision Name: N/A
  • Directions: Cross Streets: Smerber Rd and Ambrosio Cir
  • Road Surface Type: Paved
Neighborhood Information
  • Community Features: Foothills, Mountainous, Ravine
View more facts & features

Local Corona Agent

Sale History for 18590 Ambrosio Circle

View property's historical transactions

  • April, 2024

  • Apr 23, 2024

    Date

    Back Up Offer

    CRMLS: OC23225722

    $1,400,000

    Price

  • Dec 15, 2023

    Date

    Active

    CRMLS: OC23225722

    $1,499,000

    Price

Tax History for 18590 Ambrosio Circle

Recent tax history for this property
Year Land Value Improved Value Assessed Value
The tax history for this property will expand as we gather information for this property.

Home Value Compared to the Market

This property vs the competition

18590 Ambrosio Circle is listed 84.21% higher than the median list price for the city of Corona which has a median list price of $759,990. The median price per/sqft for Corona is $391 and this home is listed at $287.83 per/sqft which puts the price per square foot 26.39% lower than the median price per square foot for the city of Corona.

About 18590 Ambrosio Circle

Detailed summary of property

18590 Ambrosio Circle is a duplex located in Corona, CA 92881 and is currently in escrow to be sold. This duplex offers 10 bedrooms, 7 bathrooms, roughly 4,864 living square feet, and sits on an approximately 45,738 square foot lot. 18590 Ambrosio Circle was first listed on ArdentRealEstateGroup.com on December 15, 2023. The homeowner is currently asking $1,400,000 and was originally asking $1,499,000. The median priced home in Corona is $759,990 with a median price per square foot of $391. Based on Ardent Real Estate Group's Corona Market Data, this home is listed 84.21% higher than the median priced home. Local competing homes currently for sale include 2458 Chanslor St, 774 N 1st Ave and 7411 Napa Court. While the average home in Corona, CA is selling in 54 days, 18590 Ambrosio Circle has a days on market of 70 days. There are currently 461 homes for sale in the Corona real estate market and 359 of them are single family homes while 95 of them are condos and 7 are townhomes. For more information on this home for sale at 18590 Ambrosio Circle Corona, CA 92881 contact Ardent Real Estate Group and we will put you in touch with one of our Corona agents.

Public Facts for 18590 Ambrosio Circle

Public county record property details
Beds
--
Baths
--
Year built
--
Sq. Ft.
--
Lot Size
--
Stories
--
Type
--
Pool
--
Spa
--
County
--
Lot#
--
APN
--

The source for these homes facts are from public records.

92881 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$960,000
Median List Price/Sq.Ft.
$437
Median Sold Price
$828,000
Median Sold Price/Sq.Ft.
$427
Total Inventory
48
Median Sale to List Price %
97.53%
Avg Days on Market
14
Loan Type
Conventional (68.75%), FHA (6.25%), VA (0%), Cash (25%), Other (0%)

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Image Description
Contact Jon
Corona Agent
Call, Text or Message
(714) 706-1823
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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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