19729 Arcadia Street, Corona, California 92881, Corona, 92881 - 4 bed, 3 bath
ACTIVE$749,000
19729 Arcadia Street, Corona, California 92881
4Beds
3Baths
1,939Sqft
7,841Lot
Price Vs. Estimate
The estimated value ($749,000) is $0 (0%) lower than the list price ($749,000). This property may be overpriced.
Key pros and cons
Top Pros:
New Construction & Modern Amenities: Built in 2023, this custom home offers contemporary design, up-to-date building standards, and features like mini-split heating/cooling in every room, ensuring comfort and efficiency.
Top Cons:
Fully Tenant-Occupied Status: While beneficial for investors, the property being fully tenant-occupied may pose challenges for owner-occupant buyers who would need to navigate existing leases and potential tenant relocation.
Compared to the nearby listings
Price:$749.0K vs avg $897.5K ($-148,500)22%
Size:1,939 sqft vs avg 2,456.5 sqft28%
Price/sqft:$386 vs avg $39345%
More Insights
Built in 2023 (2 years old).
Condition: This property was custom-built in 2023, making it virtually brand new. It features modern amenities including an all-steel roof, paid-off solar panels, fire sprinklers, and efficient mini-split heating/cooling units in every room. The images confirm a contemporary design with new kitchen appliances, modern cabinetry, updated light fixtures, and pristine bathrooms with modern vanities and tiled showers. All components are new or virtually new, meeting current quality standards with no deferred maintenance.
Year Built
2023
Close
-
List price
$749K
Original List price
$770K
Price/Sqft
$386
HOA
-
Days on market
-
Sold On
-
MLS number
IG25052524
Home ConditionExcellent
Features
View-
About this home
Discover this 2023 custom-built home in South Corona, featuring a 3-bedroom / 2-bathroom home with a private 1-bedroom / 1-bathroom ADU. This fully tenant-occupied property is generating a steady rental income, presenting an exceptional investment opportunity. The ADU is completely independent, featuring its own separate entrance, kitchen, and laundry hookups. The property is designed for long-term savings with PAID OFF SOLAR panels, an all-steel roof, and fire sprinklers. Every room has ceiling fans and mini-split heating/cooling units. There is ample parking with the carports and oversized driveways. Conveniently situated near the 15 freeway, Dos Lagos, shopping, dining, and local amenities, this home is perfect for investors seeking to grow their portfolio.
Condition Rating
Excellent
This property was custom-built in 2023, making it virtually brand new. It features modern amenities including an all-steel roof, paid-off solar panels, fire sprinklers, and efficient mini-split heating/cooling units in every room. The images confirm a contemporary design with new kitchen appliances, modern cabinetry, updated light fixtures, and pristine bathrooms with modern vanities and tiled showers. All components are new or virtually new, meeting current quality standards with no deferred maintenance.
Pros & Cons
Pros
New Construction & Modern Amenities: Built in 2023, this custom home offers contemporary design, up-to-date building standards, and features like mini-split heating/cooling in every room, ensuring comfort and efficiency.
Income-Generating ADU: The property includes a fully independent, tenant-occupied 1-bedroom/1-bathroom ADU with its own entrance, kitchen, and laundry, providing immediate and steady rental income.
Exceptional Investment Opportunity: With both units fully tenant-occupied and generating income, this property is explicitly positioned as an ideal asset for investors seeking portfolio growth.
Long-Term Cost Savings & Durability: Features like paid-off solar panels, an all-steel roof, and fire sprinklers contribute to significant long-term utility savings, reduced maintenance, and enhanced safety.
Ample Parking & Convenient Location: The property boasts carports and oversized driveways for ample parking, and its proximity to the 15 freeway, Dos Lagos, shopping, and dining offers excellent accessibility.
Cons
Fully Tenant-Occupied Status: While beneficial for investors, the property being fully tenant-occupied may pose challenges for owner-occupant buyers who would need to navigate existing leases and potential tenant relocation.
Recent Price Reduction: The property has seen a price reduction from its original list price, which could raise questions for potential buyers regarding its initial valuation or market demand.
Limited Emphasis on Private Outdoor Space: The description highlights parking and income generation but does not detail significant private outdoor amenities or yard space, which might be a drawback for buyers prioritizing outdoor living.