1240 E Street Corona, CA ^$ 1,295,000

1240 E Street

^$ 1,295,000

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Recently Listed

1240 E Street

Corona, CA, 92882

^$ 1,295,000

Studio Baths2.0 Sq 3,000

Monthly Estimate*

^$ 8,079

Listed by Century 21 Allstars

1240 E Street, Corona, CA 92882 - Image 1

1240 E Street, Corona, CA 92882 - Image 2

1240 E Street, Corona, CA 92882 - Image 3

1240 E Street, Corona, CA 92882 - Image 4

1240 E Street, Corona, CA 92882 - Image 5

1240 E Street, Corona, CA 92882 - Image 6

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Studio

Single Family Home for sale in Corona, CA

for $1,295,000 with 2 full baths. This 3,000 square foot home was built in 2006 on a lot size of 0.16.

Exceptional investment opportunity in the heart of Corona! This fully remodeled 3-unit property offers strong cash flow potential with stable, on-time paying tenants already in place. All units will be delivered tenant-occupied, providing immediate income for the next owner. Unit mix includes: • 5 bedrooms / 2 bathrooms • 4 bedrooms / 2 bathrooms • 3 bedrooms / 2 bathrooms Each unit has been recently upgraded, offering modern finishes and desirable layouts—ideal for long-term tenant retention and market-ready rent potential. Tenants are currently month-to-month, giving investors flexibility for future rental adjustments while maintaining steady income from day one. With its size, location, and updated interiors, this property is perfect for investors seeking a turnkey, cash-flowing multi-family asset in a high-demand rental area.

Single Family Active

Price

^$ 1,295,000

Bedrooms

Studio

Full Bath

Property Type

Single Family

Taxes

^$ 0

Style

Lot Size

0.16

Year Built

2006

Town/City

Corona

County/Region

Riverside

MLS | Web ID

DW25263979

Days on Market

Features

General

Sewer PrivateSewer

Heating WallFurnace

Possession CloseOfEscrow

HOA Fee 0

Garage Spaces 0

Pool Features None

Year Built 2006

Stories Count 1

Levels One

Property Subtype Triplex

Gross Income 102600

Community Features Sidewalks

County Riverside

Net Operating Income 98600

Operating Expense 4000

Insurance Expense 1600

New Construction false

Property Type ResidentialIncome

HOA false

Contingency NA

Subdivision Name West Corona Orange Tr.

Garage Y/N false

Special Listing Conditions Standard

Status Active

Directions 6th & Lincoln

City Corona

Entry Location Ground

Senior Community Y/N false

Number Of Units Total 3

MLS Area 248 - Corona

Lot Size Units SquareFeet

Lot Size Square Feet 6970

Listing Terms Cash Conventional

Property Attached Y/N true

Land Lease Y/N false

Electric Expense 0

Fuel Expense 0

Trash Expense 2400

Water Sewer Expense 0

Additional Parcels Y/N false

Rent Control Y/N true

Building Area Units SquareFeet

Standard Status Active

Year Built Source PublicRecords

Tax Lot 7

Property Sub Type Additional Triplex

Interior

Interior Amenities AllBedroomsDown

Total Stories 1

Common Walls TwoCommonWallsOrMore

Heating Y/N true

Laundry Features CommonArea

Entry Level 1

Exterior

Parking Features Assigned ElectricGate

Lot Features ZeroToOneUnitAcre

Water Source Public

Total Parking 0

Lot Size Area 6970

Number of Buildings 2

Building Area Total 3000

Lot Size Acres 0.16

Private Pool false

Lot Size Source Assessor

Number of Separate Water Meters 3

Number of Separate Gas Meters 3

Number of Separate Electric Meters 3

* Excluded Features

List By

Century 21 Allstars

Broker

agentkcastillo@gmail.com

Affordability Calculator

$8,079

Per Month

Monthly Principal & Interest: $8,079
Monthly Property Taxes: --
Monthly Home Insurance: --

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Yearly Home Insurance

Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Single family listings in Corona, CA

Average List Price ^$886,567

Percent of Sale Price 32%

About Corona, CA

166,087 Population

28% Since 2002

^$73,443 Median Income

34.53 Median Age

41% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

4827338 Elementary School

4827337 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
11/24/2025	$1,295,000		Listed Price

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1240 E Street, Corona, CA, 92882 is a Single Family Home for sale at $1,295,000 with 3,000 sqft and a lot size of 0.16. 1240 E Street is a studio with 2.0 baths and was built in 2006. The property's zip code is 92882 which is in Corona, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 12/11/2025. 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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1240 E Street

Single Family Home for sale in Corona, CA

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