8418 Lourenco Ln - Apartments FOR SALE


Corona, CA 92880
$1,220,000 USD
909-732-9539
8418 Lourenco Ln, Corona, CA for Sale
$1,220,000 USD
Apartments - FOR SALE
1/1
null | 11% Cap Rate

8418 Lourenco Ln
Corona, CA 92880


OVERVIEW

?? Turnkey Rental Investment | $10K–$12K/Month Gross Income | Fully Permitted ADU | Seller Financing Available ?? ?? Offered at $1,220,000 – FIRM Investor Special! This is not your average single-family home—it’s a fully converted, high-performing rental property tailored for traveling professionals and long-term tenants seeking clean, safe, and structured living. With 7 bedrooms, 4 bathrooms, and 3,480 sqft, this income-producing property generates $10K–$12K/month with 6 of 7 units currently leased on 12-month agreements. ________________________________________ ??? Unit Breakdown & Rents: • Primary Suite – “The Runaway Bay” Studio-style w/ private entry, kitchenette, laundry, and garage access ?? $2,500/month | $800 deposit • Attached ADU – “The GoldenEye” Fully permitted, private entrance/patio, shares one wall only ?? Currently $2,250/month (discounted; standard rent is $2,600) • 2-Bed Unit – “The Kingston” Private 1-bed or shared configuration: • Bedroom #1: $1,375 • Bedroom #2: $1,225 ??? Currently vacant • Single Rooms: • “The Negril Room” – $1,250 • “The Ocho Rios Room” – $1,275 (Month-to-month) • “The Montego Bay Room” – $1,275 ________________________________________ ?? Seller Financing Option: • May carry $400,000 in 1st position • 6% interest, 30-year amortization, 10-year balloon • No management or consulting offered by seller ________________________________________ ?? Investment Highlights: ?? Fully permitted ADU (not a garage conversion) ?? Strong mix of long-term and mid-term tenants ?? Turnkey setup with stable leases ?? Cash flow from day one ?? No HOA | Low maintenance | High-yield investment ________________________________________ ?? More Photos: ?? https://ldrllc-my.sharepoint.com/:f:/g/personal/adam_ldrllc_onmicrosoft_com/EliBCT9EjsdIqMXs_onOUbYBRvnxRnUzaVABD6z2DjzBsQ?e=CiEzI2 ?? For questions and next steps: Call or text Adam Maddox at 909.377.0770 ?? Email: Adam@lionsden.real.estate ?? Please Note: Bank statements and private showings will be provided only after an Offer has been accepted.

FOR SALE DETAILS

PRICE

$1,220,000 USD

PRICE/SF

$351 USD /SF

# OF UNITS

7

PRICE/UNIT

$174,286

CAP RATE

11%

% LEASED

90%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

8418 Lourenco Lane

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2006

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

-

APN/PARCEL ID

130-620-009

ASK ABOUT THIS PROPERTY

Adam MaddoxLion's Den Real EstateMore Info
909-732-9539

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Adam MaddoxLion's Den Real EstateMore Info
909-732-9539

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