714 E Grand Boulevard, Corona, California 92879, Corona, 92879 - 4 bed, 2 bath
714 E Grand Boulevard
Corona, California 92879
Property Price
SUMMARY
Analysis of 714 E Grand Boulevard, Corona, California 92879 is currently available with a list price of $629,000. The property maintains a Poor Condition Rating (30/100), indicating the property requires renovation and updates to maximize its market potential. This presents opportunities for value-add investors. 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 Experienced Investors and Fix-and-Flip Specialists.
Condition Analysis
OVERALL CONDITION SCORE
Property is extensive renovation needed.
Built in 1910, this property is over a century old with no visible evidence of recent major renovations from the exterior images. While tenant-occupied, implying it's currently livable, the age strongly suggests that all major systems (electrical, plumbing, HVAC), as well as the kitchen and bathrooms, are severely outdated and likely require substantial repairs, rehabilitation, and extensive system replacements to meet modern standards. The exterior shows signs of significant wear and deferred maintenance, consistent with a property needing a full overhaul.
PROSSTRENGTHS & OPPORTUNITIES
- Investment Opportunity
This duplex is explicitly marketed as a compelling opportunity for investors or owner-occupants seeking long-term value, ideal for a real estate portfolio.
- Strong Rental Market
The property is situated in a strong rental market, indicating consistent demand and potential for stable income.
- Central Location & Accessibility
Located in the heart of Corona, it offers excellent proximity to local shopping, dining, schools, and convenient freeway access, enhancing its appeal to tenants.
CONSRISKS & DEFICIENCIES
- Age of Property
Built in 1910, the property is over a century old, which may imply potential for outdated systems, deferred maintenance, or the need for significant renovations.
- Tenant-Occupied Delivery
While providing immediate income, being delivered with an existing tenant in place limits immediate owner-occupancy or extensive renovation plans without tenant cooperation or lease expiration.
- Potential for Renovation Needs
Given its age and status as an income property, it may require updates or modernizations to maximize rental value or appeal to future tenants/buyers, which is not explicitly mentioned as completed.
About 714 E Grand Boulevard
Located in the heart of Corona, this well-situated 4-bedroom, 2-bathroom duplex presents a compelling opportunity for investors or owner-occupants seeking long-term value in a strong rental market. The property offers a practical and efficient layout across two units, providing flexibility for steady income and future potential. Currently tenant-occupied, the home will be delivered with the existing tenant in place, allowing for immediate rental income from day one. Positioned near local shopping, dining, schools, and convenient freeway access, this duplex combines central location, consistent cash flow, and upside potential--making it a smart addition to any real estate portfolio.
Property Details
Public Facts
- Property Type
- Duplex
- Year Built
- 1910
- Lot Size
- 5,662 Sq. Ft.
Interior
- Total Bedrooms
- 4
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $0 / Month
Neighborhood Insights
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 4.0 | 2.0 | 50% |
| Baths | 2.0 | 1.0 | 50% |
| Square foot | 1,538 | 3,263 | 25% |
| Lot Size | 5,662 | 8,930 | 25% |
| Price | $629.0K | $1.05M | 25% |
| Price per sq ft | $409 | $347 | 75% |
| Built year | 1910 | 2010 | 25% |
| HOA | $0 | $0 | 50% |
| Days on market | 38 | 220 | 25% |
Pricing History
Listed for Sale
Jan 28, 2026
$629,000
Initial Listing