19310 Ambassador Avenue, Corona, California 92881, Corona, 92881 - 2 bed, 2 bath
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Corona, California 92881
This Century-Old Residential Asset is listed at $504,999, offering a strategic entry into the desirable South Corona market. Although the list price is positioned above the $420,396 Fair Market Value, the property’s long-term value is anchored by an expansive 7,840 sqft Lot with significant ADU Potential and RV Parking. The home features a Granite Kitchen and maintains a Functional Condition Rating, situated near Dos Lagos within the Corona-Norco Unified School District. This versatile property represents a wealth-building opportunity for Buy-and-Hold Investors or first-time buyers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 19310 Ambassador Avenue Subject | $504,999* List Price | 2 | 2 | 836 | $503 | - |
A 19300 Ambassador Sold | $410,000 | 2 | 1 | 840 | $488 | 0.0 mi |
B 19586 Temescal Canyon Road Active | $539,000 List Price | 2 | 1 | 1,066 | $506 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1920, this home is functional but shows significant signs of age and dated renovations. While the kitchen features granite countertops and wood cabinetry from a previous update, the overall interior exhibits wear and tear, particularly on the flooring. The property relies on older climate control systems like window AC units and wall heaters rather than central HVAC. It is well-maintained for its age but requires cosmetic updates and minor repairs to meet modern standards.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 7840, living area = 836.
The expansive 7,840 sqft lot and large backyard offer significant opportunities for future expansion or the addition of an Accessory Dwelling Unit (ADU) for rental income.
Situated in the desirable El Cerrito area, the property provides excellent proximity to top-rated schools, Dos Lagos shopping, and major commuter freeways including the 15 and 91.
At only 836 square feet, the interior living area is quite compact for a two-bedroom home, which may feel restrictive for some buyers.
Built in 1920, the home's age may necessitate more frequent maintenance or updates to aging infrastructure and systems compared to modern builds.
BACK ON THE MARKET!!!! Charming 2 bedroom 2 full bathroom home located in the desirable El Cerrito area of Corona. This property offers a functional layout with a comfortable living space and a well appointed kitchen featuring granite countertops and ample cabinetry. The home sits on a spacious lot surrounded by mature trees, providing natural shade, privacy, and a peaceful outdoor setting. The property is fully fenced, offering added security and a great space for outdoor enjoyment. The extended driveway provides ample parking with room for multiple vehicles and potential RV parking. The expansive backyard offers endless possibilities, including space for a potential ADU, making this property a great opportunity for future expansion or additional income. Perfect opportunity for first time home buyers looking to add their own personal touches or for investors seeking a rental property. Conveniently located near top rated schools including elementary, middle school, and high school. Enjoy close proximity to shopping, dining, and entertainment at Dos Lagos and nearby retail centers. Commuters will appreciate easy access to the 15 and 91 freeways, providing convenient access to Orange County and surrounding areas. This home combines a quiet, suburban feel with accessibility to everything Corona has to offer.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 4.0 | 3% |
| Baths | 2.0 | 3.0 | 25% |
| Square foot | 836 | 2,377 | 1% |
| Lot Size | 7,840 | 8,712 | 36% |
| Price | $505.0K | $895.0K | 4% |
| Price per sq ft | $604 | $384 | 99% |
| Built year | 1920 | 1998 | 1% |
| HOA | $0 | $0 | 50% |
| Days on market | 29 | 186 | 3% |
Mar 24, 2026
$504,999
Initial Listing
Jul 31, 2017
$295,000
Public Record
Jul 28, 2016
$175,000
Public Record