19586 Temescal Canyon Road, Corona, California 92881, Corona, 92881 - 2 bed, 1 bath
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Corona, California 92881
This Income-Generating Residential Asset is listed at $539,000, representing a strategic acquisition within the desirable El Cerrito area. While the list price sits above the $483,517 Fair Market Value, the property delivers immediate cash flow via an established long-term tenant. The 1946-built home maintains a Condition Rating of 4 and features a massive 10,018 sqft lot, offering significant High Available Lot Utilization for future development. Its proximity to major freeways ensures sustained rental demand and long-term stability. This is an ideal opportunity for Buy-and-Hold Investors or Portfolio Managers seeking a turnkey performing asset.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 19586 Temescal Canyon Road Subject | $539,000* List Price | 2 | 1 | 1,066 | $479 | - |
A 19020 Diplomat Sold | $585,000 | 3 | 2 | 1,256 | $466 | 0.5 mi |
B 19310 Ambassador Avenue Sold | $490,000 | 2 | 2 | 836 | $586 | 0.4 mi |
C 19065 Envoy Ave Sold | $649,000 | 3 | 2 | 1,265 | $513 | 0.5 mi |
D 19300 Ambassador Sold | $410,000 | 2 | 1 | 840 | $488 | 0.4 mi |
E 19236 Stroh Avenue Active | $649,900 List Price | 3 | 2 | 1,160 | $560 | 0.4 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 1946, this property is significantly aged. While the exterior appears maintained from the aerial images, there's no indication of recent major renovations. The listing description explicitly states it 'may require significant updates to meet modern standards,' suggesting outdated kitchen, bathroom, and other interior features. It is currently tenant-occupied, implying it's functional and livable, but not modern or recently updated, aligning with the 'fair' category's description of an aged but maintained home with functional but outdated components requiring minor updates.
The property has a large lot size, which is more than 4 times of its living area. lot size in square feet = 10018, living area = 1066.
The property is currently occupied by a long-term tenant, providing immediate cash flow and an established occupancy profile, making it an ideal turnkey investment for buyers.
Nestled in the sought-after El Cerrito area of Corona, offering strong neighborhood appeal and a quiet residential setting.
Built in 1946 with only 2 bedrooms and 1 bathroom, the property may require significant updates to meet modern standards and could deter buyers seeking contemporary features or more facilities.
While beneficial for investors, the existing long-term tenant operating a specific 'psychic business' means the property is not available for immediate owner-occupancy and might present unique considerations for future management or resale.
With only 1066 sqft, the home offers limited living space, which could restrict its appeal to larger families or those desiring more expansive interiors.
Nestled in the desirable El Cerrito area of Corona, this charming 2-bedroom, 1-bathroom home presents a unique opportunity for investors seeking steady rental income in a high-demand location. The property is currently occupied by a long-term tenant who operates a psychic business from the home, providing immediate cash flow and an established occupancy profile. Set within a quiet residential setting with convenient access to major freeways, local shopping, dining, and everyday amenities, the home offers both neighborhood appeal and strong rental fundamentals. The property will be delivered with the current tenant in place, making it an ideal turnkey investment for buyers looking to add a performing asset to their portfolio.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 4.0 |
| Baths | 1.0 | 3.0 |
| Square foot | 1,066 | 2,104 |
| Lot Size | 10,018 | 7,405 |
| Price | $539.0K | $787.4K |
| Price per sq ft | $506 | $382 |
| Built year | 1946 | 1997 |
| HOA | $0 | $187 |
| Days on market | 175 | 66 |
Jan 28, 2026
$539,000
Initial Listing