1015 Margarita D202, Corona, California 92879, Corona, 92879 - 2 bed, 2 bath
1015 Margarita D202
Corona, California 92879
Property Price
SUMMARY
Analysis of 1015 Margarita D202, Corona, California 92879 is currently available with a list price of $369,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Corona Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
The property is in move-in ready condition following a recent interior refresh. It features brand-new flooring throughout, fresh paint, and updated kitchen appliances including a new stove and microwave. While the building dates to 1985, the addition of new toilets, window blinds, and updated plumbing fixtures, combined with soaring cathedral ceilings, makes the unit feel modern and well-maintained without the need for immediate renovation.
PROSSTRENGTHS & OPPORTUNITIES
- Turnkey Condition
The property is move-in ready, featuring extensive recent updates including brand-new flooring, fresh paint, a new stove, microwave, and updated plumbing fixtures.
- Architectural Volume
Soaring cathedral ceilings in this upper-level unit create an open and airy living environment that enhances the sense of space beyond its actual square footage.
- Parking and Security
Located within a secure gated community, the home provides exceptional value with both a private garage and a second assigned parking space.
CONSRISKS & DEFICIENCIES
- Compact Square Footage
At 888 square feet for a two-bedroom, two-bath configuration, the living areas and bedrooms may feel tight for families or those requiring a home office.
- Building Age
Constructed in 1985, the property and its community infrastructure may require more ongoing maintenance compared to newer residential developments.
About 1015 Margarita D202
Welcome to this beautifully updated upper-level condominium located in a desirable gated community in Corona. This light-filled 2-bedroom, 2-full-bath home features soaring cathedral ceilings that create an open and airy living environment rarely found at this price point. The interior has been thoughtfully refreshed with brand-new flooring throughout, fresh paint, and numerous upgrades including a new stove, microwave, toilets, thermostat, updated plumbing, and all new window blinds—making this home truly move-in ready. Comfort is ensured year-round with central air conditioning. Enjoy the convenience of a private garage plus a second assigned parking space. Located within a secure gated community with easy access to shopping, dining, commuter routes, and local amenities, this home combines comfort, convenience, and turnkey living. Perfect for first-time buyers, downsizers, or investors seeking a low-maintenance property in a prime Corona location.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1985
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $401.5 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 888 | 1,019 | 28% |
| Lot Size | - | 200 | 50% |
| Price | $369.0K | $460.0K | 28% |
| Price per sq ft | $416 | $417 | 50% |
| Built year | 1985 | 1988 | 33% |
| HOA | $401.5 | $363 | 72% |
| Days on market | 5 | 167 | 6% |
Pricing History
Listed for Sale
Mar 2, 2026
$369,000
Initial Listing
Sold
Mar 22, 2013
$81,000
Public Record
Sold
May 3, 2006
$300,000
Public Record
Sold
Apr 29, 2005
$219,500
Public Record