
Corona, California 92882
This upper-level condo is a Strong Value Opportunity with a List Price of $270,000—positioned well below the $284,661 Fair Market Value by 5%. This valuation gap provides $14,661 in Instant Equity for buyers. While maintaining a Condition Rating of 4 due to its original 1980s finishes, the unit offers scenic mountain views, a private balcony, and rare dual parking spaces. Located in the Corona-Norco Unified district with easy OC access, it is a high-potential asset for Buy-and-Hold Investors or first-time buyers seeking an affordable entry into the market.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1549 Border Avenue G Subject | $270,000* List Price | 1 | 1 | 731 | $389 | - |
A 1535 Border Avenue C Sold | $270,000 | 1 | 1 | 731 | $369 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
The property is in mostly original condition from its 1980 construction. While clean and functional, it features dated oak cabinetry, laminate countertops, older white appliances, and popcorn ceilings. The wall-mounted AC unit and basic bathroom fixtures further reflect its age, indicating a need for cosmetic updates to meet modern standards.
Priced as one of the most affordable one-bedroom condos in Corona, this property represents a rare entry-level opportunity for first-time buyers or investors seeking high value.
The inclusion of both a covered carport and an additional assigned parking space is a significant advantage for a one-bedroom unit, offering rare convenience in a high-density area.
The property boasts quick access to major freeways connecting Orange County and Riverside, making it an ideal and highly marketable location for daily commuters.
The monthly HOA fee of $460 is relatively high for a 731 sq. ft. one-bedroom unit, which may impact the overall monthly affordability and debt-to-income ratios for some buyers.
With laundry facilities located in a community area rather than inside the unit, the property may be less appealing to buyers prioritizing modern convenience and privacy.
Step into this bright and airy upper-level condo offering 1 bedroom, 1 bathroom, and 731 sq. ft. of comfortable living. Enjoy abundant natural light and scenic mountain views from your windows and private balcony—perfect for relaxing or unwinding after a long day. The spacious bedroom features a walk-in closet and ceiling fan, while the kitchen provides plenty of cabinetry and a pantry for extra storage. Community amenities include a sparkling pool, recreation room, and a conveniently located laundry area just steps from the unit. HOA dues cover water and trash, adding to the ease of ownership. With one covered carport and an additional assigned parking space, plus quick access to major freeways connecting Orange County and Riverside, this home is ideal for commuters. Priced among the lowest for 1-bedroom condos in Corona, this is a rare opportunity to own at an exceptional value.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 1.0 | 2.0 | 35% |
| Baths | 1.0 | 2.0 | 45% |
| Square foot | 731 | 924.5 | 25% |
| Lot Size | - | 336.5 | 50% |
| Price | $270.0K | $385.8K | 10% |
| Price per sq ft | $369 | $425 | 20% |
| Built year | 1980 | 1987 | 40% |
| HOA | $460.0 | $438 | 65% |
| Days on market | 26 | 199 | 5% |
Mar 27, 2026
$270,000
Initial Listing
Aug 25, 2020
$224,000
Public Record
Dec 21, 2015
$140,000
Public Record
Jul 18, 2000
$54,000
Public Record