
Corona, California 92882
This Income-Generating Residential Asset is a Prime Investment Opportunity, listed at $690,000—positioned well below the $705,475 Fair Market Value by 2%. This valuation gap offers $15,475 in Instant Equity. Holding a Condition Rating of 4, the home features a new roof, new water heater, and an updated ADU perfect for rental income. Located on a 9,583 sqft corner lot in the Corona-Norco Unified School District with no HOA, it is ideal for Owner-Occupants or Buy-and-Hold Investors.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1077 Westpark Subject | $690,000* List Price | 4 | 2 | 1,400 | $504 | - |
A 853 W Crestview Street Sold | $800,000 | 4 | 2 | 1,624 | $493 | 0.5 mi |
B 510 W Hacienda Sold | $590,000 | 4 | 2 | 1,407 | $419 | 0.6 mi |
C 1650 S Belle Ave Sold | $690,000 | 4 | 2 | 1,531 | $451 | 0.9 mi |
D 1552 Tilson Circle Sold | $695,000 | 4 | 2 | 1,312 | $530 | 0.8 mi |
E 1849 Cook Sold | $575,000 | 4 | 2 | 1,642 | $350 | 0.7 mi |
F 924 Lorna Street Sold | $600,000 | 3 | 2 | 1,291 | $465 | 0.4 mi |
G 1029 Westpark Pending | $725,000 List Price | 3 | 2 | 1,400 | $518 | 0.1 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is in a well-maintained, livable condition with significant recent functional improvements including a new roof, new water heater, and fresh interior paint with popcorn ceiling removal. However, the core interior elements—specifically the kitchen and bathrooms—remain dated with older cabinetry, 1970s-style tiling, and basic fixtures. While functional, the home requires aesthetic modernization to meet current market standards for a 'good' or 'excellent' rating.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 9583, living area = 1400.
The property includes an updated ADU and a separate office or granny quarters with a 3/4 bath, providing excellent opportunities for rental income or flexible living arrangements for extended family.
Major high-cost items have been addressed, including a brand-new roof, new hot water heater, fresh interior paint, and a completed Section 1 termite clearance, reducing immediate move-in costs.
Bedroom count discrepancy between mls listing and other public or private record. mls listing bedroom count = 4, other record bedroom count = 2.
With four bedrooms configured within 1,400 square feet, the individual room sizes and common living areas may feel constrained for larger families or those seeking a more open floor plan.
Despite the fresh paint and new roof, the 1973 construction and 'blank canvas' description suggest that bathrooms and other interior finishes may still require significant updates to meet modern luxury standards.
Seller has completed Section 1 termite clearance. Home features popcorn ceiling removal, new texture, and fresh interior paint. The ADU is updated with new flooring, providing additional living or rental potential. 4-bedroom, 2-bath 9,000 lot site home with a three car garage in a highly sought-after Corona neighborhood. Corner lot, NEW ROOF, NEW HOT WATER HEATER, NO HOA! This property features a separate office or granny quarters with a 3/4 bath. There is a cozy fireplace in the living room. Enjoy a well thought out floor plan, updated living spaces, and a private backyard ideal for entertaining. A wonderful palate to make this your own. Located near parks, schools, and shopping, this home combines comfort, convenience and a prime location close to the places you need to be.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 4.0 | 50% |
| Baths | 2.0 | 3.0 | 45% |
| Square foot | 1,400 | 1,904 | 19% |
| Lot Size | 9,583 | 7,405 | 81% |
| Price | $690.0K | $810.0K | 26% |
| Price per sq ft | $493 | $425 | 78% |
| Built year | 1973 | 1987 | 26% |
| HOA | $0 | $0 | 50% |
| Days on market | 46 | 181 | 1% |
Mar 7, 2026
$690,000
Initial Listing
Jan 2, 2013
$230,000
Public Record
Jun 8, 2001
$190,000
Public Record
Dec 29, 1995
$121,000
Public Record