20310 State Street, Corona, California 92881, Corona, 92881 - 3 bed, 2 bath
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Corona, California 92881
This property presents a High-Potential Investment Opportunity with a List Price of $775,000—positioned well below the $813,972 Fair Market Value by 4%. This valuation gap offers $38,972 in Instant Equity. With a Condition Rating of 4, the home features a massive 12,197 sqft lot with ADU and Expansion Potential and Covered RV Parking. This is an ideal acquisition for Buy-and-Hold Investors or Owner-Occupants seeking a value-add asset in the Corona-Norco Unified district.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 20310 State Street Subject | $775,000* List Price | 3 | 2 | 1,742 | $453 | - |
A 3324 Eagle Crest Dr Sold | $785,000 | 3 | 2 | 1,543 | $509 | 0.8 mi |
B 1480 Floral Park Sold | $769,000 | 3 | 2 | 1,543 | $498 | 0.7 mi |
C 1477 Floral Park Sold | $805,000 | 4 | 3 | 1,822 | $442 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is moderate renovation needed.
Built in 2003, the property is approximately 23 years old. While the listing describes it as well-maintained with nice laminate flooring and landscaping, the age of the home and lack of mentioned recent renovations suggest original systems and dated kitchen/bath finishes that typically require minor updates 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 = 12197, living area = 1742.
The expansive 12,197 sqft lot provides significant value-add potential, offering ample space for a detached ADU or even a second primary dwelling to maximize the property's utility and value.
The property features spacious covered RV parking and a large, gated lot, a highly sought-after amenity in Corona for homeowners with recreational vehicles or multiple cars.
Despite the large lot size and price point, the home only offers three bedrooms, which may limit its appeal to larger families or those requiring multiple home offices.
Built in 2003, the home lacks mention of recent high-end kitchen or bathroom renovations, suggesting that buyers may need to budget for cosmetic updates to meet modern luxury standards.
Beautiful single story home with a large lot that could be a potential ADU or even another house on the lot. Nice laminated flooring and open floorplan. Kitchen with breakfast bar and fireplace in the family room. Living area room for a formal dining table. Two Bedrooms with bath and primary bedroom with two walk in closet and spacious bathroom. Laundry hook up's in hallway. Backyard with lots of fruit trees and patio. Spacious covered RV parking with nice white picket fence. Nicely landscaped front yard. Home is located near schools, restaurants, shops and freeways. NO HOA and low taxes.
No exterior & parking available.
No sensitive facilities data found.
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 3.0 | 4.0 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,742 | 2,104 |
| Lot Size | 12,197 | 7,405 |
| Price | $775.0K | $787.4K |
| Price per sq ft | $445 | $382 |
| Built year | 2003 | 1997 |
| HOA | $0 | $187 |
| Days on market | 44 | 66 |
Jun 8, 2026
$775,000
Initial Listing
Nov 17, 2003
$320,000
Public Record