1241 Elm, Corona, California 92879, Corona, 92879 - 3 bed, 2 bath
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Corona, California 92879
This Turnkey Single Family Residence represents a Strong Value Opportunity, listed at $649,000—positioned well below the $688,057 Fair Market Value by 5%. This valuation gap provides $39,057 in Instant Equity for the buyer. Featuring a Mint Condition Rating with recent modern upgrades, solar panels, and a spacious lot with RV parking, this home offers both efficiency and lifestyle utility. Its prime location near the 91 and 15 freeways makes it an ideal acquisition for Owner-Occupants or first-time buyers seeking a move-in ready property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1241 Elm Subject | $649,000* List Price | 3 | 2 | 1,305 | $527 | - |
A 350 E Hacienda Sold | $734,000 | 3 | 3 | 1,348 | $545 | 1.0 mi |
B 340 E Old Mill Sold | $739,000 | 4 | 2 | 1,556 | $475 | 0.9 mi |
C 604 Magnolia Sold | $755,000 | 3 | 2 | 1,248 | $605 | 0.8 mi |
D 2177 Stratford Drive Sold | $755,000 | 3 | 2 | 1,355 | $557 | 1.0 mi |
E 1031 Ford Sold | $655,000 | 3 | 2 | 1,536 | $426 | 0.3 mi |
F 946 Cedar Street Active | $724,900 List Price | 3 | 2 | 1,200 | $604 | 0.5 mi |
* Subject property listed price vs sold prices of comps.
Property is new construction or fully renovated.
Although built in 1962, the property has undergone a comprehensive recent remodel (within <5 years) as evidenced by the modern LVP flooring, updated kitchen with stainless steel appliances, new carpet, and fresh paint. The addition of solar panels and updated windows indicates modern systems and energy efficiency, making it a mint-condition, move-in ready home.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7405, living area = 1305.
The home features recent upgrades throughout, providing a move-in-ready experience with a contemporary aesthetic and functional layout.
Ideally situated near the 91 and 15 freeways, this location offers unbeatable access for professionals commuting to Orange County or Riverside.
Living area discrepancy between mls listing and other public or private record. mls listing living area = 1305, other record living area = 1205.
Originally built in 1962, the home may require ongoing maintenance of older structural or mechanical systems despite the cosmetic renovations.
The property does not offer any scenic views, which may be a drawback for buyers seeking a specific aesthetic outlook from their residence.
Beautifully remodeled 3 bedroom, 2 bathroom home located in the heart of Corona with unbeatable commuter access near the 91 and 15 freeways. This move-in ready property features recent upgrades throughout, offering a modern feel while maintaining comfort and functionality. Spacious lot includes desirable RV parking with plenty of room for additional vehicles, toys, or storage. Home also includes solar, helping provide energy efficiency and added long-term savings. Conveniently located near shopping, restaurants, parks, schools, and entertainment, making everyday living easy and accessible. Enjoy being minutes from Corona’s growing downtown area, local hiking trails, golf courses, and popular retail centers while still tucked into an established neighborhood. The central location makes commuting to Orange County, Riverside, and surrounding areas incredibly convenient. Whether you’re looking for space, upgrades, or accessibility, this home offers a combination of features that are hard to find. A great opportunity for buyers looking for location, convenience, and upgraded living all in one property.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 4.0 | 43% |
| Baths | 2.0 | 3.0 | 45% |
| Square foot | 1,305 | 1,689.5 | 20% |
| Lot Size | 7,405 | 7,405 | 50% |
| Price | $649.0K | $745.0K | 21% |
| Price per sq ft | $497 | $417 | 76% |
| Built year | 1962 | 1985 | 17% |
| HOA | $0 | $0 | 50% |
| Days on market | 19 | 140 | 2% |
May 26, 2026
$649,000
Initial Listing
Jun 17, 2016
$370,000
Public Record
Oct 20, 2015
$245,000
Public Record