1329 Pleasant View Avenue, Corona, California 92882, Corona, 92882 - 0 bed, 0 bath
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Corona, California 92882
This Income-Generating Residential Asset is listed at $550,000, representing a stable acquisition at its $550,000 Fair Market Value. The property holds a Condition Rating of 4, having received critical functional updates including recent re-piping, new windows, and a new water heater. With a proven long-term tenant already in place, the asset ensures immediate cash flow from day one in a desirable neighborhood near downtown Corona. This low-friction investment is an ideal match for Buy-and-Hold Investors or first-time investors seeking a reliable, portfolio-ready property.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1329 Pleasant View Avenue Subject | $550,000* List Price | 0 | 0 | 988 | $557 | - |
A 1194 Willits Drive Sold | $595,000 | 3 | 2 | 1,000 | $595 | 0.7 mi |
B 134 N Cota Street Sold | $480,000 | 2 | 1 | 800 | $600 | 1.0 mi |
C 222 N Buena Vista Avenue Sold | $480,000 | 1 | 1 | 852 | $563 | 0.8 mi |
D 856 Via Bernardo Sold | $485,500 | 3 | 1 | 880 | $552 | 0.8 mi |
E 1233 Sunkist Sold | $560,000 | 2 | 1 | 865 | $647 | 0.8 mi |
F 733 Via Felipe Sold | $670,000 | 4 | 2 | 1,266 | $529 | 0.8 mi |
G 917 W 9th Active | $549,900 List Price | 3 | 2 | 1,070 | $514 | 0.8 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1947, this property has received some important functional updates such as re-piping, new windows, and a new water heater. However, the absence of interior images, especially for the kitchen and bathrooms, strongly suggests these areas are significantly outdated and would require substantial renovation to meet current aesthetic and functional standards. The exterior and roof also show signs of age. While major systems are functional due to recent updates, the overall condition indicates an aged home that is maintained but requires minor to moderate updates, particularly in key living spaces.
The property offers an excellent investment opportunity with a long-term, on-time paying tenant already in place, ensuring immediate cash flow from day one.
Significant and costly updates have been completed, including recent re-piping, new windows, and a new water heater, reducing immediate maintenance concerns for a buyer.
Situated in a desirable neighborhood close to downtown Corona, enhancing its appeal for tenants and potential for long-term value appreciation.
The property has undergone substantial price reductions from $610,000 to $550,000, which may indicate initial overpricing or market resistance.
Built in 1947, despite some recent updates, the age of the property suggests other systems (e.g., electrical, HVAC, roof) may be original or require future investment not explicitly mentioned.
With 988 square feet, the property offers a relatively small living area, which might limit its appeal to a broader range of buyers, particularly those seeking more spacious accommodations.
Excellent investment opportunity. This charming property comes with a long term tenant already in place with a proven track record of on time payments and immediate cash flow from day one. Located in a desirable neighborhood which is close to downtown Corona. Has been recently re-piped, new windows and water heater. A lease summary and rent roll are available upon request.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 0.0 | 4.0 | 1% |
| Baths | 0.0 | 3.0 | 1% |
| Square foot | 988 | 1,904 | 5% |
| Lot Size | 6,098 | 7,405 | 26% |
| Price | $550.0K | $810.0K | 4% |
| Price per sq ft | $557 | $425 | 90% |
| Built year | 1947 | 1987 | 5% |
| HOA | $0 | $0 | 50% |
| Days on market | 229 | 181 | 81% |
Jan 2, 2026
$550,000
$599,900
-8% Price Drop
Initial Listing
Nov 7, 2025
$599,900
$610,000
-2% Price Drop
Initial Listing
Sep 5, 2025
$610,000
Initial Listing