1270 W 9th St - Apartments FOR SALE


Corona, CA 92882
$1,275,000 USD
562-841-0227
1270 W 9th St, Corona, CA for Sale
$1,275,000 USD
Apartments - FOR SALE
1/44
null | 5.61% Cap Rate

1270 W 9th St
Corona, CA 92882


HIGHLIGHTS

  • Upgraded Kitchens, Bathrooms , Windows

OVERVIEW

1270 W 9th St is a rare investment opportunity featuring strong current rents with room for upside—especially with one unit delivered vacant at close can go straight to Market Rent! This remodeled 4-unit apartment building is ideally located just minutes from the 91 Freeway in the high-demand city of Corona, CA, on the edge of Orange County. It is located within 2-2.5 miles of BOTH North Main and West Corona Metrolink stations. EACH unit has 2 bedrooms, 1.5 bath, and 1 carport. Owner has updated all units with new flooring, Kitchens, bathrooms, windows, front metal door, Ac's and much more! Updates have been made in all 4 units. Surrounded by key amenities including shopping, dining, parks, hiking trails, Lake Mathews, and even nearby beaches, this property is well-positioned to attract higher-income tenants seeking affordable housing near major employment hubs. With a 76 Walk Score and only 5 minutes from the Metrolink, it’s a commuter-friendly location that appeals to tenants working throughout the Inland Empire and Orange County. Landlord to pay for water and trash.

FOR SALE DETAILS

PRICE

$1,275,000 USD

PRICE/SF

$345 USD /SF

# OF UNITS

4

PRICE/UNIT

$318,750

CAP RATE

5.61%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1965

PARKING SPACES

4

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

R3

APN/PARCEL ID

110-050-007

ASK ABOUT THIS PROPERTY

Prashant SampatPacific Avenue RealtyMore Info
562-841-0227

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Prashant SampatPacific Avenue RealtyMore Info
562-841-0227

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.