929 933 W 7th Street Corona, CA $ 1,625,000
929 933 W 7th Street
$ 1,625,000
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929 933 W 7th Street

Corona, CA, 92882
$ 1,625,000
Baths1.0 Sq 5,029

Monthly Estimate*

$ 10,005

Listed by Marcus & Millichap RE Invest
929 933 W 7th Street, Corona, CA 92882 - Image 1
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Studio

Multi-Family Home for sale in Corona, CA

for $1,625,000 with 1 full bath. This 5,029 square foot home was built in 1953 on a lot size of 0.32.

929 & 933 West 7th Street is a 7-unit multifamily investment opportunity located in the heart of Downtown Corona. Situated on two adjacent parcels, the property features 100% single-story construction and a highly desirable workforce unit mix consisting of (1) studio, (1) 1-bed / 1-bath, and (5) 2-bed / 1-bath units. Residents benefit from a strong amenity package including private patios (select units), on-site laundry, surface, carport, and garage parking, and individual water heaters for each unit, enhancing both resident quality of life and ease of property operations. The property is ideally positioned within walking distance of Corona City Hall and the OBC Theater, placing residents near downtown amenities, civic services, and entertainment options. The surrounding neighborhood is further supported by two nearby retail centers anchored by Superior Grocers and Cardenas Markets, located approximately 0.25 miles from the property, providing convenient access to daily necessities. Additionally, Jefferson Elementary School and Corona High School are located less than 0.5 miles away, supporting consistent long-term renter demand. The asset also benefits from easy access to State Route 91 and Interstate 15, offering direct connectivity to major employment centers throughout the Inland Empire, Orange County, and greater Southern California. Offered at a compelling 6.01% CAP rate on current rents, this is a rare opportunity to acquire a well-located multifamily asset with strong long-term fundamentals in a convenient, commuter-friendly Corona location.

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Multi-Family Active

Price

$ 1,625,000

Bedrooms

Studio

Full Bath

1

Property Type

Multi-Family

Taxes

$ 0

Style

Lot Size

0.32

Year Built

1953

Town/City

Corona

County/Region

Riverside

MLS | Web ID

OC26018477

Days on Market

3

Features
General
Sewer Public Sewer
Heating Central
HOA Fee 0
Garage Spaces 1
Pool Features None
Year Built 1953
Stories Count 1
Levels One
Property Subtype Apartment
Gross Income 160680
Community Features Curbs Gutter(s) Street Lights Sidewalks
Additional Parcels Description 110082013
County Riverside
Net Operating Income 97695
Operating Expense 58237
Insurance Expense 11582
New Construction false
Property Type Residential Income
HOA false
MaintenanceExpense 7000
Subdivision Name Other
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions West 7th Street & South Buena Vista Avenue
City Corona
Entry Location First level
Senior Community Y/N false
Open Parking Spaces 10
Number Of Units Total 7
MLS Area 248 - Corona
Lot Size Units Acres
Lot Size Square Feet 13939.2
Carport Spaces 1
Carport Y/N true
Listing Terms Cash Cash to New Loan Conventional 1031 Exchange
Property Attached Y/N false
Land Lease Y/N false
Electric Expense 2058
Fuel Expense 2060
Trash Expense 2058
Water Sewer Expense 2058
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Assessor
Tax Lot 10
Property Sub Type Additional Apartment
Taxes 18276
Cap Rate 6.01
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Interior
Total Stories 1
Common Walls No Common Walls
Heating Y/N true
Laundry Features Common Area
Entry Level 1
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Exterior
Lot Features Street Level
Water Source Public
Total Parking 12
Lot Size Area 0.32
Number of Buildings 5
Building Area Total 5029
Lot Size Acres 0.32
Private Pool false
Lot Size Source Assessor
Number of Separate Water Meters 1
Number of Separate Gas Meters 7
Number of Separate Electric Meters 7
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* Excluded Features
List By
Marcus & Millichap Re Invest

Broker

christian.tait@marcusmillichap.com

Email

Affordability Calculator

$10,005
Per Month
100%
0%
0%
Monthly Principal & Interest
$10,005
Monthly Property Taxes
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Monthly Home Insurance
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Default based on a 30-year fixed rate of 6.25% 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
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/26/2026$1,625,000 Listed Price

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929 933 W 7th Street, Corona, CA, 92882 is a Multi-Family Home for sale at $1,625,000 with 5,029 sqft and a lot size of 0.32. 929 933 W 7th Street is a studio with 1.0 baths and was built in 1953. The property's zip code is 92882 which is in Corona, CA