Active
$1,275,000
4 Units
8 Beds
8 Baths
3,496 Area(sq.ft.)
Lot: 7,841 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 2 | 2 | No | $ 2,295 | $ 2,295 | $ 2,300 |
| Unit 2 | 1 | 2 | 2 | No | $ 2,274 | $ 2,274 | $ 2,300 |
| Unit 3 | 1 | 2 | 2 | No | $ 1,650 | $ 1,650 | $ 2,100 |
| Unit 4 | 1 | 2 | 2 | No | $ 2,100 | $ 2,100 | $ 2,100 |
| 4 | 8 | 8 | $ 8,319 | $ 8,319 | $ 8,800 |
| MLS #: | OC25120291MR |
| Days On Market: | 173 |
| Listing Date: | June 16, 2025 |
| County: | Riverside |
| Property Type: | Residential Income |
| Price per ft2: | $ 365 |
| Price per unit: | $ 318,750 |
| Year Built: | 1965 |
Property Details
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. Click supplementals to see the memorandumInterested in this Listing?
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Income Details
| Rent Control: | Yes |
| Total Annual Expense: | $ 28,285 |
| Net Operating Income: | $ 71,543 |
Structure
| Community Features: | Curbs, Sidewalks |
| Security Features: | Carbon Monoxide Detector(s), Smoke Detector |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Zoning: | R3 |
| Land Lease Type: | Fee |
| Parking Garage: | Carport |
Interior
| AC/Cooling: | Wall/Window Unit(s) |
| Equipment: | Laundry Area |
| Heating: | Wall |
| Fireplace Rooms: | None |
| Laundry: | Laundry Area |
Exterior
| Pool: | No |
Detailed Map
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