2550 San Gabriel Way 202, Corona, California 92882, Corona, 92882 - 2 bed, 2 bath
2550 San Gabriel Way 202
Corona, California 92882
Property Price
SUMMARY
Analysis of 2550 San Gabriel Way 202, Corona, California 92882 is currently available with a list price of $459,000. The property maintains a Good Condition Rating (78/100), reflecting solid structural condition with well-maintained systems. The property presents an attractive opportunity for buyers seeking a move-in ready home. Located in a high-demand neighborhood within the Corona Unified School District, this asset is categorized as a low-risk, high-reward acquisition suitable for both Buy-and-Hold Investors and Owner-Occupants willing to undertake light renovation work.
Condition Analysis
OVERALL CONDITION SCORE
Property is move-in ready.
Built in 1990, this condo has undergone significant updates that make it move-in ready with no immediate renovations required. The kitchen features granite countertops and stainless steel appliances, which are in good condition, although the wood-finish cabinets are a more traditional style. Bathrooms also boast updated finishes and granite counters. The bamboo-style flooring throughout the living areas and bedrooms, along with the modern faux stone fireplace, contribute to a well-maintained and appealing interior. While some elements like the kitchen cabinet style are not cutting-edge modern, they are clean and functional, and the overall condition suggests systems are well-maintained and within their expected lifespan, aligning with the 'Good' rating criteria for a property extensively renovated within the last 5-15 years.
PROSSTRENGTHS & OPPORTUNITIES
- Prime Location & Accessibility
Conveniently located near the 91 and 15 freeways, just off the Green River Exit, and within walking distance to shopping centers.
- Comprehensive Community Amenities
Residents benefit from a wide array of community amenities including a pool, spa, fitness center, basketball court, and clubhouse.
- Updated Interior Finishes
The unit features modern updates such as granite countertops, stainless steel appliances, wood-finish cabinets, bamboo-style flooring, and updated bathrooms.
CONSRISKS & DEFICIENCIES
- High Monthly Association Fee
The $440 monthly association fee is a significant ongoing expense that adds to the cost of ownership.
- Property Age
Built in 1990, the property is over 30 years old, which may lead to concerns about the age of underlying infrastructure despite interior updates.
- Limited Square Footage
With 995 square feet, the unit offers relatively compact living space for a 2-bedroom, 2-bathroom configuration.
About 2550 San Gabriel Way 202
BEAUTIFUL CONDO IN SAGE CANYON COMMUNITY! This well-maintained 2 BEDROOM, 2 BATH upper-level unit offers ALL LIVING SPACE ON ONE LEVEL with an OPEN CONCEPT LAYOUT perfect for entertaining. Enjoy a bright living area with BAMBOO-STYLE FLOORING, FAUX STONE FIREPLACE, and access to a PRIVATE BALCONY ideal for morning coffee or evening relaxation. The KITCHEN FEATURES GRANITE COUNTERTOPS, STAINLESS STEEL APPLIANCES, and WOOD-FINISH CABINETS. The PRIMARY SUITE includes a WALK-IN CLOSET and a FULL BATH with GRANITE COUNTERS and TUB-SHOWER COMBO. Both bathrooms have updated finishes and ample storage. Additional highlights include IN-UNIT LAUNDRY, HALLWAY STORAGE CLOSET, and TWO ASSIGNED PARKING SPACES—one COVERED CARPORT and one OPEN SPACE. Community amenities include a POOL, SPA, FITNESS CENTER, BASKETBALL COURT, and CLUBHOUSE. Conveniently located near the 91 AND 15 FREEWAYS, just off the GREEN RIVER EXIT, and WITHIN WALKING DISTANCE TO SHOPPING CENTERS. PERFECT STARTER HOME OR INVESTMENT PROPERTY IN A PRIME LOCATION OF CORONA!
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 1990
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $440.0 / Month
Neighborhood Insights
Corona Unified Schools
Prado View Elementary School
Grades K-6 • 0.4 mi
Ronald Reagan Elementary
Grades K-6 • 5.0 mi
Corona High School
Grades 9-12 • 2.1 mi
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 2.0 | 2.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 995 | 986 | 52% |
| Lot Size | - | 673 | 40% |
| Price | $459.0K | $399.9K | 64% |
| Price per sq ft | $461 | $412 | 68% |
| Built year | 1990 | 1984 | 52% |
| HOA | $440.0 | $412 | 56% |
| Days on market | 112 | 203 | 20% |
Pricing History
Listed for Sale
Nov 27, 2025
$459,000
$469,000
-2% Price Drop
Initial Listing
Price Change
Nov 15, 2025
$469,000
Initial Listing
Sold
Dec 1, 2023
$472,500
Public Record
Sold
Dec 15, 2011
$150,000
Public Record
Sold
Oct 31, 2005
$318,000
Public Record