1740 Forum Way C, Corona, California 92881, Corona, 92881 - 2 bed, 3 bath
Loading property details...
Corona, California 92881
This Condominium presents a High-Potential Investment Opportunity with a List Price of $525,000—positioned above the $473,406 Fair Market Value. While the property requires cosmetic updates to reach its full potential, its Fair Condition Rating and functional dual-suite layout provide a solid foundation. Located near top-rated schools like Centennial High, this asset offers long-term stability. With a community pool, spa, and private patio, it is an ideal acquisition for Buy-and-Hold Investors or first-time buyers looking to build equity through strategic interior modernization.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 1740 Forum Way C Subject | $505,000* List Price | 2 | 3 | 1,110 | $420 | - |
A 962 Inn Keeper Lane #c Sold | $500,000 | 2 | 3 | 1,110 | $450 | 0.1 mi |
B 1120 Portofino Court 104 Sold | $540,000 | 3 | 3 | 1,298 | $416 | 0.7 mi |
C 1130 Portofino Court 103 Sold | $600,000 | 3 | 3 | 1,385 | $433 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1984, this 40-year-old property is functional but dated, featuring original-style oak cabinetry and older tile work. While the HVAC unit appears relatively modern and the home is well-maintained, the listing's admission of AI-enhanced photos for 'possible upgrades' confirms that the actual interior requires cosmetic modernization. It fits the 'Fair' criteria as a move-in ready home that needs minor repairs and significant aesthetic updates to the kitchen and bathrooms.
The floor plan is highly efficient, featuring two bedrooms each with private en-suite bathrooms, a versatile upstairs bonus room for an office, and a convenient guest half-bath downstairs.
Ideally situated for commuters and families, the property is within walking distance to Centennial High School and just minutes from premier shopping and dining at The Crossings and Dos Lagos.
The Gallery community offers excellent value with a relatively low HOA fee that includes access to a pool, spa, and beautifully maintained greenbelts with mature landscaping.
With 106 days on the market, the property has exceeded the typical selling period for the area, which may indicate a misalignment between the list price and current buyer expectations.
The disclosure that listing photos were AI-enhanced to show 'possible upgrades' suggests the interior may require actual cosmetic renovations to achieve a truly modern aesthetic.
Welcome to this delightful 2 bedrooms, 2.5 bath home located in The Gallery community. Full of character and charm, this home offers a warm and inviting atmosphere with a functional floor plan perfect for everyday living. Features include tile flooring throughout the downstairs. A light and bright kitchen, bar stool seating at the counter if desired, a pantry, lots of cabinet space, a 4 burner stainless steel stove top and microwave. Cozy dining area, half bath downstairs for guests, neutral paint & window blinds throughout with a sliding door off the living room to the quaint patio. This is a great place to enjoy your morning coffee or BBQ with friends and family. Upstairs has a nice primary bedroom with your own bathroom en-suite, a walk in shower, single sink vanity and a large walk in closet. The guest bedroom offers a bathroom en-suite with a shower/tub combo and single sink vanity. Additional bonus room upstairs for an office/playroom or extra storage. A two car attached garage with laundry hookups and direct access to the home. Enjoy the wonderful perks of a well-maintained community and the strong sense of neighborhood pride. Association includes a pool, spa, many mature trees, flowers and a lovely greenbelt area with walking paths. Commuter friendly location, walking distance to schools, close to shopping and restaurants at The Crossings and Dos Lagos. This is the perfect opportunity for anyone looking to settle into a fantastic location. Some photos have been AI enhanced to show possible upgrades.
No exterior & parking available.
Grades K-6 • 0.4 mi
Grades K-6 • 6.0 mi
Grades 6-8 • 2.3 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 3.0 | 11% |
| Baths | 3.0 | 3.0 | 50% |
| Square foot | 1,110 | 1,385 | 11% |
| Lot Size | 1,742 | - | 56% |
| Price | $505.0K | $700.0K | 11% |
| Price per sq ft | $455 | $433 | 56% |
| Built year | 1984 | 1999 | 22% |
| HOA | $280.0 | $136 | 56% |
| Days on market | 135 | 136 | 44% |
May 12, 2026
$505,000
$525,000
-4% Price Drop
Initial Listing
Jan 23, 2026
$525,000
Initial Listing
Jun 13, 2018
$315,000
Public Record
Dec 11, 2013
$225,000
Public Record
Jun 24, 2004
$260,000
Public Record