1350 Chase dr, Corona, CA 92881
Active
$1,050,000
1 Units
3 Beds
2 Baths
2,593 Area(sq.ft.)
Lot: 23,087 Lot Size(sq.ft.)
| Type | # of Units | Bedroom | Bath | Furnished | Rent | Actual Rent | Projected Rent |
|---|---|---|---|---|---|---|---|
| Unit 1 | 1 | 3 | 2 | No | $ 4,000 | $ 4,000 | $ 4,000 |
| 1 | 3 | 2 | $ 4,000 | $ 4,000 | $ 4,000 |
| MLS #: | IG25131095MR |
| Days On Market: | 178 |
| Listing Date: | June 11, 2025 |
| County: | Riverside |
| Property Type: | Residential Income |
| Price per ft2: | $ 405 |
| Price per unit: | $ 1,050,000 |
| Year Built: | 1906 |
Property Details
Investor opportunity in the heart of Corona: 1350 E Chase Dr. is a rare half-acre historic estate with significant upside potential for development, rental income, or long-term appreciation. Originally built in 1906 by Curtis Barnes and known as the Chase Plantation, this property blends timeless character with modern updates, making it ideal for a variety of investment strategies. The spacious lot offers ample room for multiple ADUs, a swimming pool, workshops, or additional structures (buyer to verify), making it an excellent candidate for multi-unit expansion or short-term rental opportunities. The main residence retains its early 20th-century charm with original hardwood floors, wood-beamed ceilings, classic moldings, and two brick fireplaces. Updated with walnut-toned cabinetry, tile countertops, stainless steel appliances, and a historic walk-in brick pantry, the kitchen is both functional and full of character. The home includes a generous dining room, a sun-filled bonus room with a fireplace and floor-to-ceiling windows, and three spacious upstairs bedrooms. The primary suite features a large closet and a private sitting room with a balcony perfect for an office, studio, or separate rental suite. Investors will appreciate the modern detached two-car garage and a massive concrete pad with dual street access from Rimpau Avenue ideal for RV, boat, or tenant parking. A wraparound yard with mature melaleuca, olive, and canary palm trees enhances the property s curb appeal and tenant desirability. The home has been well maintained, with exterior siding in great condition and recent paint. It's also connected to city water and sewer. Located within walking distance to award-winning Santiago High School, Chase Park, and Citrus Park, and just minutes from major shopping centers like Dos Lagos, The Crossings, and Corona Pointe, this property offers strong local amenities. With easy access to the 91 and 15 freeways and the Foothill Parkway, commuting to Orange County is convenient. Whether you're a developer, buy-and-hold investor, or short-term rental operator, this is a standout opportunity to own a unique, income-producing asset in a high-demand area. Schedule your private showing today.Interested in this Listing?
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Income Details
| Rent Control: | False |
| Gross Operating Income: | $ 3,800 |
| Total Annual Expense: | $ 5,400 |
| Net Operating Income: | $ 3,500 |
Structure
| Community Features: | Biking, BLM/National Forest, Curbs, Foothills, Golf, Hiking, Park, Sidewalks, Storm Drains, Street Lights, Suburban |
| Sewer: | Public Sewer |
| Water: | Public |
Land & Parking
| Land Lease Type: | Fee |
| Parking Garage: | Driveway, Garage - 2 Car, RV Access |
| Total Parking: | 18 |
Interior
| Heating: | Central |
| Laundry: | Garage |
Exterior
| Pool: | No |
Detailed Map
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