1020 La Terraza Corona, CA $ 435,000
1020 La Terraza
$ 435,000
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1020 La Terraza

Corona, CA, 92879
$ 435,000
Baths2.0 Sq 941

Monthly Estimate*

$ 2,678

Listed by HOMEQUEST REAL ESTATE
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Studio

Multi-Family Home for sale in Corona, CA

for $435,000 with 2 full baths. This 941 square foot home was built in 1991.

Turnkey rental in highly desired Triana at Corona Ranch. This is an upgraded condo that features all new Milgard dual pane windows and sliders, granite counter tops in kitchen and bathroom, upgraded cabinets, stainless steel appliances, wood laminate and tile floors, crown molding, walk in closet in master bedroom, in door laundry, washer, dryer, and fridge is included, gated community with pool, spa, gym, and clubhouse. Plenty of parking. Great location! Highly desired lower level unit with a 1 car garage. Two patios off family room and bedroom. Owner pays for water and trash. Low-maintenance gated HOA community, HOA dues cover water, trash, and exterior maintenance. Seller has three units in the complex available and would ideally like to sell all three together. See attached supplements for more details. Positioned in one of Corona’s most convenient commuter locations with strong Inland Empire and Orange County access, this is an outstanding opportunity for a 1031 exchange buyer, passive-income investor, or portfolio expansion strategy seeking stable cash flow plus long-term Southern California appreciation.

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Multi-Family Active

Price

$ 435,000

Bedrooms

Studio

Full Bath

2

Property Type

Multi-Family

Taxes

$ 0

Style

Year Built

1991

Town/City

Corona

County/Region

Riverside

MLS | Web ID

CV26071489

Days on Market

5

Features
General
Sewer Public Sewer
Heating Central
Possession See Remarks
HOA Fee 499.15
Garage Spaces 1
Pool Features Association
Year Built 1991
Tenant Pays Electricity
Stories Count 1
Levels One
Property Subtype Condominium
Gross Income 28200
Community Features Golf Hiking Park
Assoc Fee Paid Per Monthly
County Riverside
Net Operating Income 17017
Operating Expense 11183
Insurance Expense 650
New Construction false
Property Type Residential Income
Association Amenities Clubhouse Fitness Center Barbecue Pool Spa/Hot Tub
HOA true
Contingency Buyer to cooperate with sellers 1031 exchange
Subdivision Name Triana
Garage Y/N true
Special Listing Conditions Standard
Status Active
Directions Hidden Valley and McKinley
City Corona
Association Name Triana
Entry Location 1
Senior Community Y/N false
Number Of Units Total 1
MLS Area 248 - Corona
Number of Units Leased 1
Listing Terms 1031 Exchange
Property Attached Y/N true
Land Lease Y/N false
Electric Expense 0
Current Financing None
Fuel Expense 0
Trash Expense 0
Water Sewer Expense 0
Additional Parcels Y/N false
Rent Control Y/N false
Building Area Units Square Feet
Standard Status Active
Year Built Source Public Records
Tax Lot 1
Total Actual Rent 2350
Property Sub Type Additional Condominium
Taxes 4535
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Interior
Total Stories 1
Common Walls 2+ Common Walls
Heating Y/N true
Laundry Features Laundry Closet
Entry Level 1
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Exterior
Parking Features Door-Single Garage
Water Source Public
Total Parking 1
Number of Buildings 1
Building Area Total 941
Private Pool false
Number of Separate Water Meters 0
Number of Separate Gas Meters 0
Number of Separate Electric Meters 1
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* Excluded Features
List By
Homequest Real Estate

Broker

trishashomes@yahoo.com

Email

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$2,678
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Monthly Principal & Interest
$2,678
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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
4/7/2026$435,000 Listed Price

Map


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1020 La Terraza, Corona, CA, 92879 is a Multi-Family Home for sale at $435,000 with 941 sqft. 1020 La Terraza is a studio with 2.0 baths and was built in 1991. The property's zip code is 92879 which is in Corona, CA