x
Seller Financing
Address
1087 Circle City Drive Corona, CA
Price
$ 6,580,000
Property Attributes
  • MLS#PW19265094
  • TypeIncome
  • CountyRIVERSIDE
  • CityCorona
  • AreaCorona
  • Zip92879
  • Style
  • Price$ 6,580,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage23744
  • Lot Size1.6 Acres
Listing Provided Courtesy Of:
Doug Rodermund with Morgan Skenderian.
Property Description

Welcome to the Circle City Villas, an excellent opportunity to own 28 individually leased condos in a gated 36-unity condo community. Built in 1988, this newer construction community is ideally located near Corona Circle, a hotspot for the Corona community which is scheduled to be transformed into one of the Inland Empire's premier outdoor malls with trendy shops, dining and restaurants all which is walking distance to the Corona Circle Villas. Tenants of the community enjoy gated parking and access, lush tropical landscaping, a sparkling swimming pool, individual water heaters and washer/dryer hookups. Priced at $235,000/unit, a new owner could capitalize on profits by selling off each unit individually with private 2-bedroom condo sales topping $300,000 in the area. The Corona Circle Villas is an exceptional opportunity to own in one of the most ideal rental locations in the city of Corona. *Seller Financing Available, *28 Individually-leased Condominiums in a 36-Unit Condo Complex, *All 2Bedroom/2 Bathroom Master Suite Units, Well-Maintained 1988 Construction, *Ideal Corona Rental Location Near Corona Circle & 91 and 15 Freeways, *Active HOA in Place Allowing a New Owner to Immediately Sell the Condominiums off Individually if Desired

Price History
11/14/2019 Listed $6,850,000
11/15/2019 4% - $6,580,000

General Features

Attached Structure Detached
Community Features Curbs, Gutters, Sidewalks, Storm Drains, Street Lights
Directions South of E. 6th Street & East of Grand Boulevard
Levels One
Listagentaor Pacific West
Listing Agent Doug Rodermund - BRE#01314304
Listing Agent State License 01314304
MLS Area 248 - Corona
Price Per Square Foot 277.12
Source System CRMLS
Special Listing Conditions Standard
Total Units 28

Interior Features

1st Bedroom Area Unit Type Square Feet
2nd Bedroom Area Unit Type Square Feet
3rd Bedroom Area Unit Type Square Feet
Common Walls No Common Walls
Heating Central
Heating Y/N Yes
Laundry Features Washer Hookup
Laundry Y/N Yes
Studio Area Unit Type Square Feet
Total Stories 2

Exterior Features

Building Area Total 23744.00
Carport Spaces 36.00
Garage Spaces 0.00
Lot Features 26-30 Units/Acre
Lot Size Acres 1.6000
Lot Size Area 69696.0000
Lot Size Source Assessor
Lot Size Square Feet 69696.00
Lot Size Units Square Feet
Number of Buildings 4
Number of Separate Electric Meters 28
Number of Separate Gas Meters 28
Number of Separate Water Meters 1
Pool Features Community
Sewer Public Sewer
Total Parking 78.00
Uncovered Spaces 42.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92879

Price
AVG $2.54M
$6.58M
Visits
AVG 10
28
Year Built
AVG 1942
1988
Walkscore
AVG 74
64
Data Provided by Walkscore ® not using MLS data

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